AutoZone moved 1.0% this evening session, trading between a high of $2482.09 and a low of $2450.27 per share. Yesterday the stock finished at $2446.17 per share, compared to an average analyst target price of $2849.75.
AutoZone, Inc. retails and distributes automotive replacement parts and accessories in the United States, Mexico, and Brazil. The large-cap auto & home supply stores company is based in the United States, and over the last twelve months it has returned a dividend yield of None%. AutoZone has trailing twelve months earnings per share (EPS) of 132.34, which at today's prices amounts to a price to earnings (P/E) ratio of 18.7.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 1.85. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 27,224,163 | 13,152,658 | 52 | 0.0 |
| 2022 | 16,252,230 | 7,779,580 | 52 | -1.89 |
| 2021 | 14,629,585 | 6,911,800 | 53 | -1.85 |
| 2020 | 12,631,967 | 5,861,214 | 54 | 0.0 |
| 2019 | 11,863,743 | 5,498,742 | 54 | 1.89 |
| 2018 | 11,221,077 | 5,247,331 | 53 |
At 53.0%, AutoZone's average gross margins are wider than the 21.04% average of its industry peer group, which suggests that the firm might have a competitive advantage.
