AutoZone Outperforms with 2.15% Rally; Q2 EPS Seen at $27.59
AutoZone shares rose 2.15% as the S&P 500 fell 1.04%, outperforming the Retail-Wholesale sector with a 1.31% month-to-date gain versus a 3.1% sector drop. Analysts expect Q2 EPS of $27.59 (-2.5% YoY) on $4.3B revenue (+8.8%) and forecast full-year revenue of $20.47B (+8.1%), trading at a 25.15 forward P/E.
1. Stock Performance
AutoZone shares rose 2.15% in the latest session as the S&P 500 fell 1.04%, with the stock up 1.31% over the past month compared to a 3.1% decline in the Retail-Wholesale sector.
2. Q2 and Full-Year Estimates
Analysts forecast second-quarter EPS of $27.59 (–2.47% year-over-year) on $4.3 billion revenue (+8.82%), with full-year estimates at $149.02 EPS (+2.86%) and $20.47 billion revenue (+8.07%) ahead of the March 3 earnings release.
3. Valuation and Industry Comparison
The stock trades at a forward P/E of 25.15, a premium to the industry average of 18.75, and carries a PEG ratio of 1.78 versus the peer average of 1.1. Its industry ranks in the bottom 21% of all sectors by Zacks Industry Rank.