NYSE:AZOSpecialty Retail
AutoZone (AZO): Has the 21% Three-Month Pullback Opened a Valuation Opportunity?
AutoZone (AZO) has quietly slipped about 10% over the past week and more than 20% over the past 3 months, even though revenue and earnings are still ticking higher year over year.
See our latest analysis for AutoZone.
Zooming out, that recent 21.44% 3 month share price pullback and softer 1 year total shareholder return of 2.35% come after a strong 5 year total shareholder return of 187.37%. This suggests momentum has cooled even as fundamentals keep improving.
If AutoZone’s shift in momentum...