Market participant are once again showing interest in shares in AutoZone, Inc.. The technical chart pattern now appears positive for the short term with new upside potential. Investors have an opportunity to buy the stock and target the $ 1765.
The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
The company has solid fundamentals for a short-term investment strategy.
Over the last twelve months, the sales forecast has been frequently revised upwards.
Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
For several months, analysts have been revising their EPS estimates roughly upwards.
Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good visibility into core activities or accurate earnings releases.
The group usually releases upbeat results with huge surprise rates.
According to forecast, a sluggish sales growth is expected for the next fiscal years.
Subsector Automotive Parts & Accessories Retailers
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