autozone
Autozone continues to outperform expectations and drive value for shareholders.Competitors like Advance Auto Parts are doing the same.Autozone doesn’t pay a dividend but share repurchases and analyst activity have the stock well-supported.Autozone (NYSE:AZO) and its competitors like Advance Auto Parts (NYSE:AAP) have been running rings around the average S&P 500 company and it doesn’t look like that is going to end soon. Not only has the company been able to sustain a market-beating pace of performance but robust capital returns are helping to support share prices as well. Q3 2022 hedge fund l...
ValueWalk
Auto parts retailer O’Reilly may be forming a constructive cup-with-high-handle pattern.Analysts expect the company to earn $31.82 per share this year, which would be an increase of 2%.Shares of rival AutoZone are up 5.4% since it reported fiscal fourth-quarter results in mid-September.The company topped earnings estimates and delivered stronger-than-ever same-store sales.Car parts retailers O’Reilly Automotive (NASDAQ:ORLY) and AutoZone (NYSE:AZO) are both attempting to climb out of consolidations, as they outperform the broader market. Q3 2022 hedge fund letters, conferences and more Find A ...
ValueWalk
The market for Autozone (NYSE:AZO) stock pulled back from a fresh all-time high ahead of the FQ4 earnings release because there was cause for concern. Not only was the stock trading at an above-average P/E for the S&P 500 (NYSEARCA:SPY) and well above its peer Advance Auto Parts (NYSE:AAP) but the fundamental set-up favored Advanced Auto Parts because of the channel mix. Advance Auto Parts has less exposure to DIY sales and the DIY channel was and is projected to be weaker in the near term, spurring the analyst to act, but their negativity appears to be misplaced. Q2 2022 hedge fund letters, c...
ValueWalk
Autozone (NYSE:AZO) is slated to report FQ4 earnings in mid-September and the price action is correcting ahead of the news. The stock is down more than 10% from the latest all-time high, which suggests that Autozone stock is setting up for a buying opportunity in light of the long-term uptrend in price action. The problem is there are factors weighing on the stock that could keep the price action moving lower and point to Advance Auto Parts (NYSE:AAP) as a better buy for investors. Among them are valuation, dividends, and the analyst’s outlook which favors the one over the other. The takeaway ...
ValueWalk
If there ever was a company that could benefit from a stock split, AutoZone, Inc. (NYSE:AZO) may be it. The auto parts and accessories retailer has never done a split throughout its 30-year history even in light of the stock’s sharp rise. Still, the $2,000 share price shouldn’t cause sticker shock for investors looking to jump start long-term portfolio growth. After posting record revenues for the 23rd straight year in 2021, AutoZone sits in the driver’s seat of an industry expected to see strong demand over the next few years. Similar to the aging population theme, our cars aren’t getting any...
ValueWalk
Whitney Tilson’s email to investors discussing the mistakes of omission; his AutoZone, Inc. (NYSE:AZO) whiff; and Buffett & Munger‘s comments. Q2 2021 hedge fund letters, conferences and more The Mistakes Of Omission1) These tweets by my friend Yen Liow of hedge fund Aravt Global had me thinking... AutoZone WhiffAs I look back over my career, I can't think of too many examples in which an investment was so blindingly obvious, but I missed it. One of the most glaring was auto parts retailer AutoZone. I liked it so much more in early 2001, and I even wrote about it in an article, Three Boring St...
ValueWalk
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら