AutoZone Brokers Give 1.53 ABR While Zacks Ranks Sell After $149.02 EPS Stagnation
AutoZone’s average brokerage recommendation is 1.53, with 20 of 29 firms issuing Strong Buy and two issuing Buy ratings. Zacks’ proprietary model assigns a Rank #4 (Sell) after the company’s consensus EPS estimate held flat at $149.02 over the past month.
1. Strong Buy Broker Recommendations
AutoZone’s average brokerage recommendation (ABR) stands at 1.53 based on 29 firm ratings, with 20 issuing Strong Buy and two issuing Buy, representing roughly 76% positive endorsements.
2. Zacks Rank #4 Sell Assignment
Zacks’ quantitative model assigned AutoZone a Rank #4 (Sell) due to stagnant earnings estimate revisions, signaling potential near-term underperformance despite widespread broker optimism.
3. Earnings Estimate Trends
The Zacks Consensus Estimate for AutoZone’s current fiscal year EPS remained unchanged at $149.02 over the past month, reflecting analysts’ growing pessimism about future profitability.
4. ABR vs. Zacks Rank Comparison
Brokerage recommendations often skew optimistic due to vested interests, whereas Zacks Rank relies on timely earnings revisions, suggesting investors should weigh both before making decisions.