AutoZone, Inc. (AZO) : Q415 Earnings Whisper

All eyes will be on AutoZone, Inc. (AZO) before the markets open tomorrow. Wall Street analysts are on average expecting AZO to post $3.25 billion in sales during the quarter. This would show a 30.00% increase from the Q315 revenue of $2.5 billion and an increase of 8.33% from the same period in Q414. EPS in Q415 are expected to come in at $12.69, a growth rate of 12.50% from $11.28 per share a year earlier. Meanwhile, EarningsWhisper.com reports a whisper number of $12.73 per share.

As a quick reminder, AZO reported Q315 EPS of $9.57, $0.07 better than the Street’s consensus estimate. Revs increased 6.84% yoy to $2.5 billion versus the $2.5 billion consensus.

On valuation measures, AutoZone Inc. shares are priced at 20.98x this year’s forecasted earnings, compared to the industry’s 18.52x earnings multiple. The company’s current year and next year EPS growth estimates stand at 13.80% and 12.50% compared to the industry growth rates of 10.30% and 20.10%, respectively. AZO has a t-12 price-to-sales ratio of 2.25. EPS for the same period registers at $34.72.

AZO shares have declined 1.34% in the last 4 weeks and advanced 6.88% in the past three months. Over the past 5 trading sessions the stock has gained 1.18%.

The Memphis Tennessee-based company, which is currently valued at $22.49 billion, has a median Wall Street price target of $742.00 with a high target of $865.00. AutoZone Inc. is up 38.36% year-over-year, compared with a 1.82% loss in the S&P 500.

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