AutoZone stock falls Monday, but outperforms the market

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Autozone Inc Stock Fair Value – AUTOZONE ($NYSE:AZO): AutoZone Inc. is an American retailer of aftermarket automotive parts and accessories, headquartered in Memphis, Tennessee. On Monday, AutoZone’s stock price fell by 2.4%, but even with this recent dip, the company’s stock is still up 46.8% over the past three months. In comparison, the S&P 500 has only gained 9.2% over the same time period. Even though AutoZone’s stock price fell on Monday, the company is still outperforming the overall market. While other retailers have been struggling, AutoZone has been able to maintain its sales and even grow its market share.

This is thanks in part to the company’s focus on selling essential automotive parts and products that people need in order to keep their cars running. Looking forward, AutoZone is well-positioned to continue outperforming the market. The company is expected to benefit from the continued rebound in the automotive industry and is expected to continue growing its market share.

Price History

AutoZone Inc. stock fell on Monday, but outperformed the market. So far, news coverage has been mostly positive. On Monday, the stock opened at $2526.0 and closed at $2532.9, down by 0.4% from its previous closing price of $2543.5. The company has been benefiting from strong sales and earnings growth.

AutoZone Inc. is the largest retailer of automotive parts and accessories in the United States. AutoZone Inc. also operates a commercial business, AutoZone Parts Inc., which sells auto and light truck parts to professional repair shops and customers over the internet and through its telephone call center.

VI Analysis – Autozone Inc Stock Fair Value Calculator

Company’s fundamentals reflect its long term potential, below analysis on AUTOZONE INC are made simple by VI app. The intrinsic value of AUTOZONE INC share is around $1959.3, calculated by VI Line. Now AUTOZONE INC stock is traded at $2532.9, overvalued by 29%.

VI Peers

AutoZone Inc. is an American retailer of aftermarket automotive parts and accessories, the largest in the United States. Founded in 1979, AutoZone has over 6,000 stores across the United States, Mexico, and Brazil. The company is based in Memphis, Tennessee.

AutoZone is the leading retailer of aftermarket automotive parts and accessories in the United States. With over 6,000 stores across the United States, Mexico, and Brazil, AutoZone is the go-to destination for all your automotive needs. From oil changes to new tires, AutoZone has everything you need to keep your car running smoothly.

Advance Auto Parts, Inc. is an American automotive aftermarket parts provider that is headquartered in Raleigh, North Carolina. Advance Auto Parts operates in approximately 3,700 stores and 150 Worldpac branches in the United States, Puerto Rico, and the Virgin Islands.

O’Reilly Automotive, Inc. is an American chain of auto parts stores founded in 1957 by the O’Reilly family. It operates more than 5,000 stores in 47 states.

Five Below, Inc. is an American discount store chain selling products that cost up to $5. Among the merchandise sold are toys, games, fashion accessories, bath and body products, candy, snacks, room décor, school supplies, books, and novelty items.

– O’Reilly Automotive Inc ($NASDAQ:ORLY)

O’Reilly Automotive Inc is a publicly traded company with a market cap of 46.99B as of 2022. The company has a Return on Equity of -312.91%. O’Reilly Automotive Inc is a retailer of automotive aftermarket parts, tools, and supplies in the United States. The company operates through four segments: Retail, Commercial, e-Commerce, and Other.

– Five Below Inc ($NASDAQ:FIVE)

Five Below Inc is a publicly traded company with a market capitalization of 7.79 billion as of 2022. The company has a return on equity of 18.02%. Five Below Inc is a specialty retailer that offers a variety of merchandise for teenagers and pre-teens at prices that are “five dollars and below.” The company was founded in 2002 and is headquartered in Philadelphia, Pennsylvania.

– Advance Auto Parts Inc ($NYSE:AAP)

Advance Auto Parts is a leading retailer of automotive parts and accessories in the United States. The company operates over 5,000 stores across the country and employs over 70,000 people. Advance Auto Parts is a publicly traded company on the New York Stock Exchange and has a market capitalization of over $10 billion as of 2021. The company has a strong history of profitability and has a return on equity of over 16%. Advance Auto Parts is a well-run company with a strong balance sheet and a commitment to customer satisfaction. The company is a great choice for investors looking for a stable and profitable business.

Summary

AutoZone Inc. is an American retailer of aftermarket automotive parts and accessories, headquartered in Memphis, Tennessee. The company also operates e-commerce sites AutoZone.com and ALLDATA.com. AutoZone is the largest retailer of automotive parts and accessories in the United States. AutoZone is a publicly traded company on the New York Stock Exchange under the ticker symbol AZO. If you’re looking for a stock to add to your portfolio that will give you exposure to the automotive sector, AutoZone Inc. is a great option.

AutoZone has been a strong performer over the past few years, with the stock rising nearly 30% in the last five years. The company has posted strong financial results, with revenue and earnings growth in each of the past five years. Investors are drawn to AutoZone for its strong financial performance, dividend growth potential, and exposure to the automotive sector. If you’re looking for a stock to add to your portfolio, AutoZone is a great option.