The current P/E ratio of AutoZone may reflect optimism amongst shareholders about the company's performance, despite the lower-than-market anticipated future earnings growth. However, unless earnings growth improves, maintaining current stock prices may prove challenging.
Morning Movers Gapping up $西维斯健康(CVS.US)$has forecasted revenue for 2024 to be at least $366 billion, which exceeds the current Street estimate of $345.5 billion. The company anticipates adjusted earnings per share of at least $8.50, in line with the consensus, with the cash flow from operations projected to be at least $12.5 billion. Updates were shared ahead of the company's 2023 Investor Day. CVS shares rose 2.2% on the ne...
AutoZone's high returns on capital and re-investment rates imply possible lucrative outcomes. However, its high current liabilities to total assets ratio poses risks. Despite increased stock price, strong fundamentals warrant further investment investigation.
With impressive EPS growth rates and insider ownership, confidence is high in AutoZone's continuing strength and future potential. Investors should still be aware of associated warning signs before investing.
AZO reported 4Q23 EPS of $46.46, above the consensus (Refinitiv) estimates of $45.12 Domestic same store sales increased 1.7% y/y. AZO also provided total company and international same store sales of +4.5% and +34.1%, respectively. On a constant currency basis, total company same store sales were +2.8% and international were +14.9%. Domestic DIFM sales decreased to 26.8% of total auto part sales from 27.4% in the prior year and c...
Pre-Market Stock Movers Gapping up $戴尔科技(DELL.US)$stock rose 1.3% after Daiwa Securities upgraded the PC maker to 'outperform' from 'neutral', citing its strong second quarter numbers as well as growing AI sales. $西维斯健康(CVS.US)$stock rose 0.9% after Evercore ISI upgraded the drugstore operator to 'outperform' from 'in-line', as it sees operational issues improving and an attractive current valuat...
SpyderCall楼主 : Nice gap up over night!
MonkeyGee : great catch!
SpyderCall楼主 MonkeyGee: thanks. I can see more upside
BelleWeather : Ah, yes, I’m in this one as well!