AutoZone Surges Amid Market Decline: Key Takeaways and Financials

AutoZone (AZO) closed at $3,675.90, up 2.79% from the previous day, outperforming the S&P 500's 1.17% loss and the Dow's 0.53% loss. However, the stock has decreased 14.33% over the last month. Earnings are expected to be $32.27 per share, a 0.77% decline YoY, with a revenue of $4.62 billion, a 7.98% rise YoY. The Zacks Rank is #4 (Sell) with a forward P/E ratio of 23.32, and a PEG ratio of 1.69, compared to the industry average of 1.24.