Smartkarma Newswire

Constellation Brands, Inc. (STZ)

242.96 USD -2.74 (-1.12%) Volume: 0.75M

Constellation Brands, Inc.’s stock price stands at 242.96 USD, experiencing a slight dip of -1.12% this trading session with a trading volume of 0.75M, yet maintaining a positive Year-To-Date (YTD) percentage change of +0.50%, highlighting the resilience and potential growth of STZ shares in the market.

Latest developments on Constellation Brands, Inc.

Constellation Brands, Inc. (NYSE:STZ) has seen fluctuations in its stock price recently, with key events leading up to today’s movements. Boston Trust Walden Corp sold 287 shares of STZ, while Raymond James & Associates increased their holdings in the company. Swedbank AB also revealed a $617,000 stock holding in Constellation Brands. These actions by various investors have contributed to the shifts in the stock price of STZ, making it a stock to watch for those looking for defensive investments in the market.

Constellation Brands, Inc. on Smartkarma

Analysts at Baptista Research have provided positive coverage of Constellation Brands on Smartkarma. In their report titled “Constellation Brands Inc.: Strong Brand Loyalty & Market Position In Beer & Other Major Drivers,” they highlighted the company’s solid start to the first quarter of fiscal year 2025. The report emphasized robust performance, particularly in the Beer business, which continues to grow and gain market share. With high single-digit sales increases and a 57th consecutive quarter of depletion growth, Constellation Brands has showcased significant market outperformance in the consumer packaged goods sector.

Furthermore, Baptista Research also published a report titled “Constellation Brands: What Is Its Portfolio Transformation Strategy in Wine and Spirits? – Major Drivers,” where they discussed the company’s strong Q3 results. The report highlighted robust performance in the beer business, achieving over 8% depletion growth for its beer portfolio. This performance, along with the company’s execution of $215 million in share repurchases in Q3, contributed to Constellation Brands‘ 55th consecutive quarter of depletion growth and tenth leading share gains. The analysts’ bullish sentiment reflects continued strong consumer demand and strategic moves by the company.

A look at Constellation Brands, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Constellation Brands, Inc. has a mixed outlook based on the Smartkarma Smart Scores. With a strong score in Growth and Momentum, the company shows potential for future expansion and positive market performance. However, its scores in Value and Resilience are lower, indicating some challenges in terms of value for investors and the ability to withstand economic downturns. Overall, Constellation Brands has a moderate overall outlook, with room for growth but also areas that may need attention to ensure long-term success.

Constellation Brands, Inc. is a leading producer and marketer of alcoholic beverages with a diverse portfolio of brands. The company operates in multiple regions and categories, providing a wide range of products to consumers. While it shows promise in terms of growth and momentum, its value and resilience scores suggest some areas for improvement. By focusing on enhancing its value proposition and building resilience in the face of market fluctuations, Constellation Brands can position itself for sustained success in the long run.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Molina Healthcare, Inc. (MOH)

346.18 USD -3.79 (-1.08%) Volume: 0.37M

Explore Molina Healthcare, Inc.’s stock price performance, currently standing at 346.18 USD, witnessing a slight dip of -1.08% this trading session. Despite a trading volume of 0.37M, the stock has experienced a year-to-date percentage change of -4.19%, highlighting its market trends and investment potential.

Latest developments on Molina Healthcare, Inc.

Today, Molina Healthcare (NYSE:MOH) stock price movements are influenced by a variety of factors. Zacks Research analysts have raised earnings estimates for the company, indicating strong potential for growth. The FY2024 earnings forecast for Molina Healthcare has also been issued by Zacks Research, providing investors with valuable insights into the company’s future performance. On the other hand, TCW Group Inc. has cut its stock position in Molina Healthcare, suggesting a shift in investment strategy. These events contribute to the current movement of Molina Healthcare stock price, making it a stock to watch in the market.

Molina Healthcare, Inc. on Smartkarma

Analysts at Baptista Research have recently initiated coverage on Molina Healthcare, highlighting the company’s enhanced focus on managed Medicaid and Medicare Advantage expansion as major drivers. Molina Healthcare reported their first quarter earnings, achieving an adjusted EPS of $5.73 and generating $9.5 billion in premium revenue. The company’s performance was deemed in line with expectations, with efficient operating metrics across all business segments. The consolidated MCR (medical cost ratio) stood at 88.5%, showcasing strong medical cost management in line with the company’s forecasts.

A look at Molina Healthcare, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Molina Healthcare shows a promising long-term outlook. With high scores in Growth, Resilience, and Momentum, the company is well-positioned to continue its upward trajectory in the managed care industry. While the Value score is moderate, Molina Healthcare‘s strong performance in other areas suggests potential for sustained growth and stability in the future.

Molina Healthcare Inc., a managed care organization focused on providing health care services to low-income families, has received favorable ratings in key areas such as Growth, Resilience, and Momentum. Despite a lower score in Dividend, the company’s strong presence in multiple states and primary care clinics reflects a solid foundation for long-term success. With a strategic focus on Medicaid and other programs, Molina Healthcare is poised to thrive in the evolving healthcare landscape.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Deere & Company (DE)

372.91 USD -5.01 (-1.33%) Volume: 1.64M

Deere & Company’s stock price stands at 372.91 USD, experiencing a slight dip of -1.33% this trading session with a trading volume of 1.64M. Despite a year-to-date percentage change of -6.74%, DE remains a significant player in the stock market.

Latest developments on Deere & Company

Deere & Company has been making headlines recently with various events leading up to potential stock price movements. From the announcement of a new John Deere Trail by Visit Quad Cities to Wall Street analysts showing bullish sentiment towards Deere & Company stock, there is a buzz surrounding the company. Despite some controversy surrounding DEI efforts being axed by companies like Harley Davidson, John Deere, and Tractor Supply after a conservative influencer’s campaign, Deere & Company remains focused on managing inventories efficiently. With Visit Quad Cities launching a new self-guided tour of local John Deere history and investment firms like Chesley Taft & Associates LLC selling shares, the stock has been in the spotlight. Analysts at Truist Financial have reiterated a “Buy” rating for Deere & Company, while overall brokerages have given a consensus recommendation of “Hold.” Investors are advised to board the tractor now as Deere & Company could set new highs this year.

Deere & Company on Smartkarma

Analysts at Baptista Research have been closely monitoring Deere & Co‘s performance, highlighting key factors driving its growth in 2024 and beyond. In their research reports, such as “Deere & Company: These Are The 6 Most Pivotal Factors Driving Its Performance In 2024 & Beyond! – Major Drivers,” they point out a decline in net sales and revenues, particularly in the agriculture sector. Despite challenges in the market, Deere & Co reported a net income of $2.37 billion in Q2, with Production and Precision Ag business segments experiencing a 16% decline in net sales.

Furthermore, Baptista Research‘s analysis in “Deere & Co: Expansion In Precision Agriculture & 5 Other Factors Driving Growth In 2024! – Major Drivers” shows that the company is navigating a competitive market landscape with stable demand. Deere & Co demonstrated solid execution with an 18.5% margin for equipment operations in the first quarter. While land sales fell by 4% and equipment operations dropped by 8%, the company continues to show resilience and strategic growth in the precision agriculture sector and other key areas.

A look at Deere & Company Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Deere & Company, a manufacturer of agricultural and construction equipment, has received a mixed outlook based on Smartkarma Smart Scores. While the company scored well in Dividend, Growth, and Momentum, it received lower scores in Value and Resilience. This indicates that Deere & Co may have strong potential for growth and dividends, but investors should be cautious of its value and resilience in the long term.

Despite some areas of concern, Deere & Company continues to be a global leader in providing equipment and services for various industries. With a focus on innovation and customer satisfaction, the company has maintained a strong presence in the market. Investors may want to keep an eye on how Deere & Co navigates its challenges in value and resilience while capitalizing on its strengths in dividend, growth, and momentum for long-term success.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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CDW Corporation (CDW)

219.20 USD -3.56 (-1.60%) Volume: 0.63M

CDW Corporation’s stock price stands at 219.20 USD, reflecting a -1.60% dip this trading session and a -3.57% decrease YTD, with a trading volume of 0.63M, highlighting the stock’s performance trends and potential investment opportunities.

CDW Corporation on Smartkarma

Analysts at Baptista Research on Smartkarma have been closely monitoring Cdw Corp/De, providing valuable insights into the company’s performance. In their report titled “CDW Corporation: Focus on Emerging Technologies & Other Factors Driving Our Optimism! – Financial Forecasts,” they highlighted how CDW’s earnings for the second quarter of 2024 reflected cautious consumer behavior impacting sales cycles and investment decisions. The analysts noted a hesitation in capital investments, especially in data center and network modernization, and highlighted market-specific challenges in the UK and concerns around US federal funding as influencing factors.

In another report by Baptista Research, titled “CDW Corporation: How Is The Assessment and Experimentation Stage of AI Progressing? – Major Drivers,” analysts delved into CDW Corporation’s Q1 2024 earnings. Despite a challenging market environment, the company reported a gross profit of $1.1 billion and a non-GAAP operating income of $404 million. The report emphasized the resilience of CDW’s profitability and strategic integrity, with a Q1 record gross margin showcasing the company’s strength in the face of market challenges.

A look at CDW Corporation Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

CDW Corp/De has received mixed scores across various factors, according to Smartkarma Smart Scores. While the company scored well in Dividend and Momentum, its Value and Resilience scores were lower. This suggests that CDW Corp/De may offer strong dividend payouts and positive market momentum, but may not be considered undervalued or highly resilient in the long term.

Looking ahead, CDW Corp/De’s Growth score indicates moderate potential for expansion. With a focus on providing information technology products and services to a diverse range of customers, including businesses, government entities, and healthcare organizations, CDW Corp/De may continue to see steady growth opportunities in the North American market.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Fastenal Company (FAST)

66.55 USD -0.90 (-1.33%) Volume: 1.97M

Fastenal Company’s stock price stands at 66.55 USD, experiencing a slight drop of -1.33% this trading session, with a trading volume of 1.97M. Despite the dip, FAST’s year-to-date performance shows a positive growth of +2.75%, indicating a steady upward trend.

Latest developments on Fastenal Company

Leading up to today’s stock price movements, Fastenal Co. (FAST) has been in the spotlight with notable transactions from Blue Trust Inc. acquiring 1,432 shares, while Sumitomo Mitsui Trust Holdings Inc. decreased its stake in the company. Envestnet Portfolio Solutions Inc. also sold shares of Fastenal. Analysts have given Fastenal an average rating of “Hold,” indicating a balanced outlook on the stock’s performance. These recent events have likely contributed to the fluctuations in Fastenal Co.’s stock price today.

A look at Fastenal Company Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Fastenal Co has received favorable scores across the board in the Smartkarma Smart Scores, indicating a positive long-term outlook for the company. With strong ratings in Dividend, Growth, Resilience, and Momentum, Fastenal Co appears to be well-positioned for future success. The company’s ability to consistently deliver dividends, coupled with its growth potential and resilience in the face of market challenges, bodes well for its prospects moving forward.

Fastenal Co, a company that sells industrial and construction supplies, has established a solid presence in various markets including the United States, Canada, Mexico, Puerto Rico, Singapore, China, and The Netherlands. With its impressive Smart Scores across key factors, Fastenal Co seems poised to continue its success in the industry and provide value to its shareholders in the long run.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Domino’s Pizza, Inc. (DPZ)

432.84 USD -10.07 (-2.27%) Volume: 1.0M

Domino’s Pizza, Inc.’s stock price stands at 432.84 USD, witnessing a -2.27% dip in this trading session with a trading volume of 1.0M. Despite the recent fluctuation, DPZ showcases a promising YTD increase of +5.00%, making it a potential player in the investment arena.

Latest developments on Domino’s Pizza, Inc.

Domino’s Pizza has made headlines recently with the appointment of Simon Cowell as the ‘Quality Captain’ to review pizza quality alongside new judges. The company is promoting operational enhancements and showcasing pizza perfection through a partnership with the talent judge. Additionally, Domino’s has publicly declared support for a top star ahead of a potential WWE title match, while also executing a share buyback and partnering with ShowMax to elevate dining and entertainment experiences for Nigerians. With a new female CEO appointed and continued stock price movements, Domino’s is making waves in the pizza industry.

Domino’s Pizza, Inc. on Smartkarma

Analysts on Smartkarma, like Baptista Research, have been closely monitoring Domino’s Pizza Inc.’s performance and strategies. In their research reports, they highlighted key developments such as the positive impact of the “Hungry for MORE” strategy on the company’s growth. With consecutive-quarter growth in US comp performance and improvements in international comps, Domino’s seems to be on a positive trajectory, providing encouraging insights for investors.

Furthermore, Baptista Research‘s analysis also shed light on Domino’s Pizza Inc.’s strong Q4 performance and its focus on increasing sales, store growth, and profits. The company’s emphasis on enhancing its supply chain profitability and expanding its franchisee network has been viewed favorably by analysts, warranting a bullish rating. With a robust performance in the US market and strategic initiatives in place, Domino’s Pizza continues to attract attention from analysts on Smartkarma for its growth potential.

A look at Domino’s Pizza, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Domino’s Pizza is looking at a promising long-term outlook based on the Smartkarma Smart Scores. With a high score in resilience, the company is well-positioned to weather any economic challenges that may come its way. Additionally, its solid scores in dividend and growth indicate a steady performance and potential for expansion in the future. Although the value score is on the lower side, Domino’s Pizza‘s overall outlook remains positive with a strong momentum score driving its growth.

As Domino’s Pizza continues to operate a network of stores both domestically and internationally, its resilience score of 5 suggests a strong ability to adapt and thrive in various market conditions. The company’s focus on regional dough manufacturing and distribution centers further enhances its stability and growth potential. With a balanced combination of dividend, growth, and momentum scores, Domino’s Pizza is poised for continued success in the long term.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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The Estée Lauder Companies Inc. (EL)

92.85 USD -2.12 (-2.23%) Volume: 11.6M

The Estée Lauder Companies Inc.’s stock price stands at 92.85 USD, experiencing a dip of -2.23% in the latest trading session, with a trading volume of 11.6M. The beauty giant’s shares have seen a significant YTD decrease of -36.51%, reflecting its turbulent performance in the market.

Latest developments on The Estée Lauder Companies Inc.

Estee Lauder Companies Cl A stock price saw significant movements today following a series of key events. The company reported strong quarterly earnings, surpassing analyst expectations and driving investor confidence. Additionally, news of a strategic partnership with a major retail chain boosted market sentiment towards the beauty giant. However, concerns over supply chain disruptions due to global shipping challenges tempered some of the gains. Overall, market participants closely monitored these developments, contributing to the fluctuation in Estee Lauder Companies Cl A stock price today.

The Estée Lauder Companies Inc. on Smartkarma

Analysts at Baptista Research have recently published a bullish research report on Estee Lauder Companies Cl A on Smartkarma. The report titled “The Estée Lauder Companies: What Is Their Profit Recovery Plan For Sales Growth & Profitability? – Major Drivers” highlights the strong performance showcased in the third-quarter fiscal results. The company reported organic sales growth of 6%, meeting the high range outlook, and exceeding profitability expectations. This marks an inflection point demonstrating renewed sales and profit growth trajectory for Estee Lauder Companies Cl A.

To read more about this insightful analysis by Baptista Research, visit their profile on Smartkarma here. For further details on Estee Lauder Companies Cl A, you can visit their entity page on Smartkarma here.

A look at The Estée Lauder Companies Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Estee Lauder Companies Cl A has a mixed outlook according to the Smartkarma Smart Scores. While the company scores well in areas like Dividend and Growth, it falls short in terms of Resilience and Momentum. This suggests that while Estee Lauder Companies Cl A may provide a steady income through dividends and show potential for growth, it may face challenges in terms of resilience and momentum in the long run.

Overall, Estee Lauder Companies Cl A is a well-established company in the beauty industry, manufacturing and marketing a wide range of products globally. With a moderate value and strong dividend and growth scores, the company may continue to attract investors looking for stable returns. However, investors should also consider the lower scores in resilience and momentum, which could impact the company’s long-term performance.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Starbucks Corporation (SBUX)

92.30 USD -2.51 (-2.65%) Volume: 14.46M

Starbucks Corporation’s stock price faces a decline, currently trading at 92.30 USD, marking a 2.65% decrease in this trading session with a trading volume of 14.46M. The coffee giant has also experienced a year-to-date percentage change of -3.86%, indicating a challenging market presence.

Latest developments on Starbucks Corporation

Starbucks Corp has been making headlines recently with a series of legal battles and leadership changes that have impacted its stock price. The company’s former CEO, Howard Schultz, has cast a long shadow over the new leadership, with questions arising about the direction the company will take under the new CEO. Additionally, Starbucks has faced multiple lawsuits for allegedly stealing concepts, such as coffee-flavored lipstick. Amidst these challenges, investors are watching closely to see how the new CEO’s remote work policy and profit-sharing plans will affect the company’s financial performance. With competitors like Chipotle on the rise, analysts are speculating on whether Starbucks can maintain its position in the market. Overall, uncertainty looms over Starbucks Corp as it navigates through these turbulent times.

Starbucks Corporation on Smartkarma

Analysts at Baptista Research have provided bullish coverage on Starbucks Corp, focusing on the appointment of Brian Niccol as the new CEO. Niccol, former CEO of Chipotle, is known for his innovative leadership style and successful turnaround of Chipotle after a foodborne illness crisis. The analysts see this move as a bold step by Starbucks, following the departure of Laxman Narasimhan. They believe Niccol’s appointment could potentially turn the tide for Starbucks and bring about positive changes in the company’s direction.

In their research reports on Smartkarma, Baptista Research also highlighted the challenges faced by Starbucks Corp in their recent financial results. Despite a mild revenue increase in the third quarter of fiscal year 2024, global comparable store sales declined by 3%, with a significant drop in China. The analysts pointed out factors such as declining foot traffic in North America and severe weather conditions impacting the company’s performance. However, they also identified potential drivers for recovery, emphasizing the importance of expanded digital offerings and rewards program growth for Starbucks’ future success.

A look at Starbucks Corporation Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Starbucks Corp has received high Smart Scores in Resilience and Momentum, indicating a strong long-term outlook for the company. With a Resilience score of 5, Starbucks is well-positioned to weather any economic downturns or challenges that may arise. Additionally, the company’s Momentum score of 5 suggests that Starbucks is experiencing positive growth trends and market momentum, which bodes well for its future performance.

Although Starbucks received lower scores in Value and Growth, with a Value score of 0 and Growth score of 3, the company’s strong performance in Dividend (score of 4) indicates that it may still be a reliable investment option for those seeking steady returns. Overall, Starbucks Corporation’s diverse business model and global presence in the specialty coffee market position it favorably for long-term success.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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AutoZone, Inc. (AZO)

3172.18 USD -40.69 (-1.27%) Volume: 0.13M

AutoZone, Inc.’s stock price stands at 3172.18 USD, experiencing a slight dip of -1.27% this trading session, with a trading volume of 0.13M. Despite the day’s downturn, AZO’s shares have shown strong performance this year with a YTD increase of +22.69%, making it a potential choice for investors seeking steady growth.

Latest developments on AutoZone, Inc.

AutoZone Inc. (NYSE:AZO) saw a mix of activities leading up to today’s stock price movements. Raymond James & Associates increased their stake in the company, while insiders sold $1.4 million worth of stock, possibly indicating caution. Swedbank AB also purchased shares, showing confidence in the company. On the financial side, Sumitomo Mitsui Trust Holdings Inc. reduced their stock position, while Assenagon Asset Management S.A. bought shares. With a 3-year EPS growth rate of 22.50% and a 3-year EBITDA growth rate of 21.20% as of May 2024, AutoZone Inc. (MIL:1AZO) continues to showcase its financial strength.

AutoZone, Inc. on Smartkarma

Analysts on Smartkarma, like Baptista Research, are closely monitoring Autozone Inc‘s performance. Baptista Research‘s report on “AutoZone Inc.: How Will The Increasing Number Of Mega-Hubs Impact The Top-Line? – Major Drivers” highlights the company’s steady growth in 2024 Q3, despite challenges like unique weather conditions and stricter tax refund seasons. The report praises AutoZone’s commitment to exceptional customer service in a volatile market environment.

Another positive outlook comes from Value Investors Club, emphasizing Autozone’s underappreciated franchise and potential for risk-adjusted returns. Their report on “Autozone Inc (AZO) – Friday, Feb 2, 2024″ points out the company’s status as the largest auto parts retailer by revenue, with a focus on higher-margin private label sales and automotive diagnostic software. With a resilient business model and a track record of creating shareholder value, Autozone continues to attract attention from analysts for its growth prospects.

A look at AutoZone, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Autozone Inc has received high scores in Growth, Resilience, and Momentum according to Smartkarma Smart Scores. This indicates a positive long-term outlook for the company in terms of its ability to grow, adapt to challenges, and maintain a strong market position. While the Value score is lower, the strong performance in other areas suggests that Autozone Inc may still be a solid investment choice for those looking for growth and stability in the automotive retail sector.

Autozone Inc, a specialty retailer of automotive replacement parts and accessories, has been rated highly in Resilience and Momentum by Smartkarma Smart Scores. With a strong focus on providing a wide range of products for various types of vehicles, including hard parts, maintenance items, and accessories, the company has shown its ability to withstand market pressures and maintain a solid growth trajectory. Investors looking for a company with a proven track record of resilience and growth may find Autozone Inc to be a promising option in the automotive retail industry.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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