Why Are People Talking About Investing in AutoZone (AZO)?

After moving -0.9% during today's afternoon session, AutoZone is now trading at a price of $2628.37 per share. On average, analysts give it a target price of $2760.48.

AutoZone, Inc. retails and distributes automotive replacement parts and accessories.

AutoZone Investors Should Consider This:

  • AutoZone has moved 47.0% over the last year.

  • The company has a price to earnings growth (PEG) ratio of 2.33. A number between 0 and 1 could mean that the market is undervaluing AutoZone's estimated growth potential

Understanding AutoZone's Operating Margins

Date Reported Total Revenue ($ k) Operating Expenses ($ k) Operating Margins (%) YoY Growth (%)
2022-08-31 16,252,230 5,201,921 20.12 -0.05
2021-08-31 14,629,585 4,773,258 20.13 5.17
2020-08-31 12,631,967 4,353,074 19.14 2.46
2019-08-31 11,863,743 4,148,864 18.68 n/a

AutoZone's operating margins have averaged 19.5% over the last 4 years, which is significantly higher than the Auto & Truck Dealerships industry average of 6.19%. The firm's margins exhibit a relatively stable growth trend of 1.9%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.