AutoZone, Inc. (NYSE:AZO) PEG Ratio At 1.41

0

Market experts has given a mean price target of $861.10 to AutoZone, Inc. (NYSE:AZO) stock. The target price is the mean of all calls released by analysts in First Call poll. They have EPS estimate of $8.20 for the near-term quarter and $45.46 for this year.

Technical View

The technical assessment of AutoZone, Inc. Common Stock pinpoints that the 50-day moving average of AutoZone, Inc. (NYSE:AZO) stock is $763.29, and is trading $-18.44 points away or -2.42% from 50-day moving average of $763.29. It is trading $-31.85 or -4.10% off 200-day MA of $776.70.

The 52-week high of AutoZone, Inc. (NYSE:AZO) was $819.54 while $681.01 is the low point in the same period. AutoZone, Inc. Common Stock share price has to rise more than $-74.69 to register a high for 52-weeks or drop +9.37% to make 52-week low. MA should be referred to as moving average.

Without understanding when a stock is over-valued, or too richly priced, a shareholder may miss out on a chance to cash-in on a profit and investment. Worse, a shareholder might close up their position when a price has no direction.

P/E ratio

AutoZone, Inc. (NYSE:AZO) P/E ratio is 18.92 while PEG ratio is at 1.41. By overlooking a firm’s price-to-earnings ratio, a shareholder could miss out to discover the true value of stocks and end up investing in the wrong stocks. A P/E ratio is a computation of how much investors are wanting to pay for a purchasing an equity relative to the firm’s earnings. It is valuable when comparing the equity price of one firm to another trading in the same industry. The P/E ratio is discovered by dividing market value of stock by average earnings per share in a specified period of time, for instance, the past year.

AutoZone, Inc. Common Stock stock recorded a close of $744.85 in last trading session, which brings it market cap to $21.77B.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 5 times, 1 visits today)