BUY
Autozone Inc.
Allan Tong’s Discover Picks You may be wondering about AutoZone , which also deals in auto parts. For starters, AZO’s PE is higher at 20.72x, pays no dividend, averages only 151,000 shares daily, but boasts a lower, safer beta of 0.75. Also in its favour, AZO has beaten the street in the last four quarters. That good news is reflected in the stock price, which covers hovers just below 52-week highs at $2,466. Read AAA: parts and supplies for our full analysis.
wholesale distributors
BUY
Autozone Inc.
There was a new car shortage and were high used car prices, so people fixed up their existing cars by replacing parts. But used car prices have fallen and new cars will also fall. But all these car parts stocks trade cheaply around 19-20x PE. AZO is the cheapest, so his favourite in this sector. Likes their non-stop share buybacks.
wholesale distributors
BUY
Autozone Inc.
It reports Monday. He expects a great quarter because cars (and homes) are getting old while the newer ones need replacement parts. This means more customers and they have been a long-term winner. What will they say about the car shortage?
wholesale distributors
BUY
Autozone Inc.
Be very selective in consumer; this is how he plays this sector. These car suppliers should see continued demand from an again car fleet. Stock is not overly expensive, while business is phenomenal.
wholesale distributors
BUY
Autozone Inc.
Strong topline momentum, growing 15% YOY, earnings at 18% strong pricing power and they can pass higher prices to clients.
wholesale distributors
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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Autozone Inc.
(A Top Pick Jan 27/22, Down 5.7%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with AZO has triggered its stop at $1800. To remain disciplined, we recommend covering the position at this time. This will result in a net investment gain of 11%, when combined with the previous recommendation to cover half the position.
wholesale distributors
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Autozone Inc.
Stockchase Research Editor: Michael O'Reilly This $38 billion marketcap used car part distributor with over 6000 outlets is reiterated as a TOP PICK. Their recently added new international locations are helping boost revenues as witnessed by recently reported earnings that beat analyst expectations by 23%. It continues to buy back shares aggressively and pay reduce debt. It trades 18x earnings, compared to peers at 24x. We recommend trailing up the stop to $1800 (from $1700), looking to achieve $2210 -- upside potential over 15%. Yield 0% (Analysts’ price target is $2206.83)
wholesale distributors
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Autozone Inc.
(A Top Pick Jun 01/21, Up 29.1%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with AZO is progressing well. We recommend trailing up the stop (from $1435) to $1700. If triggered this would all buy guarantee a minimum investment return of 19% when combined with our previous recommendation to cover half the position.
wholesale distributors
PAST TOP PICK
Autozone Inc.
(A Top Pick Dec 07/20, Up 65%) Boosted by the pandemic. Tailwinds are still strong, though he's tracking it because of its huge run.
wholesale distributors
TOP PICK
Autozone Inc.
Average age of used cars is at a high, and demand is off the charts. Older cars need parts and service. One of the core distributors and retailers of auto parts in the US. Room to grow, mainly on the commercial side. Demand will remain high. No dividend. (Analysts’ price target is $1660.00)
wholesale distributors
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Autozone Inc.
(A Top Pick May 31/21, Up 17.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with AZO has achieved its target of $1650. To remain disciplined, we recommend covering 50% of the position and trailing up the stop (from $1200) to $1435 -- just above the original recommended entry level.
wholesale distributors
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Autozone Inc.
Stockchase Research Editor: Michael O'Reilly As a auto parts distributor, AZO is benefitting from strong demand in the used car segment. They added 32 new locations internationally, which helped boost revenues over 30% over the quarter. It bought back $900 million in shares, yet cash reserves continue to grow. It trades 18x earnings -- good value in this market. We would buy this with a stop loss at $1200, looking to achieve $1650 -- upside potential of about 17%. Yield 0% (Analysts’ price target is $1650.88)
wholesale distributors
BUY
Autozone Inc.
A lucrative car parts chain. It buys back a lot of shares. A reliable company. They report Tuesday. You can buy before and after those earnings.
wholesale distributors
TOP PICK
Autozone Inc.
A lot of car sales growth recently is in the used car market. A lot of the used car inventory got sucked up last spring. It is a consistent business. It has a really nice tail wind for the next couple of years. (Analysts’ price target is $1365.94)
wholesale distributors
PAST TOP PICK
Autozone Inc.

(A Top Pick May 31/17 Up 15%) They sold out of it a while ago. This company focuses on the do-it-yourself auto repair business, which they think is seeing slowing growth due to the complexity of new cars.

wholesale distributors
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Autozone Inc.(AZO-N) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 6

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 6

Stockchase rating for Autozone Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Autozone Inc.(AZO-N) Frequently Asked Questions

What is Autozone Inc. stock symbol?

Autozone Inc. is a American stock, trading under the symbol AZO-N on the New York Stock Exchange (AZO). It is usually referred to as NYSE:AZO or AZO-N

Is Autozone Inc. a buy or a sell?

In the last year, 6 stock analysts published opinions about AZO-N. 6 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Autozone Inc..

Is Autozone Inc. a good investment or a top pick?

Autozone Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Autozone Inc..

Why is Autozone Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Autozone Inc. worth watching?

6 stock analysts on Stockchase covered Autozone Inc. In the last year. It is a trending stock that is worth watching.

What is Autozone Inc. stock price?

On 2023-01-27, Autozone Inc. (AZO-N) stock closed at a price of $2369.34.