Shares of Large-cap consumer discretionary company AutoZone moved 1.1 this afternoon, and are now trading at $2680.94 per share. On the other hand, the average analyst target price for the stock is $2849.75.
AutoZone, Inc. retails and distributes automotive replacement parts and accessories in the United States, Mexico, and Brazil.
AutoZone Investors Should Consider This:
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AutoZone has moved 9.0% over the last year.
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The company has a price to earnings growth (PEG) ratio of 1.85. A number between 0 and 1 could mean that the market is undervaluing AutoZone's estimated growth potential
Understanding AutoZone's Operating Margins
| Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 27,224,163 | 8,898,547 | 19 | -5.0 |
| 2022 | 16,252,230 | 5,201,921 | 20 | 0.0 |
| 2021 | 14,629,585 | 4,773,258 | 20 | 5.26 |
| 2020 | 12,631,967 | 4,353,074 | 19 | 0.0 |
| 2019 | 11,863,743 | 4,148,864 | 19 | 18.75 |
| 2018 | 11,221,077 | 4,162,890 | 16 |
Over the last 6 years, AutoZone's operating margins have averaged 18.8%, which is better than the 6.19% Auto & Truck Dealerships industry average. We also note that the company's operating margins have a high coefficient of variability at 48.4%. The firm's margins exhibit a relatively stable growth trend of 2.9%.
