Consumer Discretionary Stocks with Weakest EPS Revisions: Li Auto and Others
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: seekingalpha
- EPS Revision Grades: Li Auto (LI) and Starbucks (SBUX) received F grades, indicating analysts' waning confidence in their near-term performance, which may impact investor decisions.
- Industry Performance: Retailers like AutoZone (AZO) and Chipotle Mexican Grill (CMG) also face D grades, reflecting overall weakness in the consumer discretionary sector that could lead to slowed sales growth.
- Market Confidence: DraftKings (DKNG) and Honda Motor (HMC) received D grades, suggesting analysts' poor expectations for their future profitability, which may affect stock performance.
- Investment Risks: Carvana (CVNA) and DoorDash (DASH) received D+ grades, indicating a slightly better outlook but still showing cautious market sentiment regarding their earnings prospects, necessitating careful risk assessment by investors.
Analyst Views on AZO
Wall Street analysts forecast AZO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AZO is 4644 USD with a low forecast of 4050 USD and a high forecast of 4900 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
21 Analyst Rating
20 Buy
1 Hold
0 Sell
Strong Buy
Current: 3505.750
Low
4050
Averages
4644
High
4900
Current: 3505.750
Low
4050
Averages
4644
High
4900
About AZO
AutoZone, Inc. is a retailer and distributor of automotive replacement parts and accessories in the Americas. Its Auto Parts Stores segment is a retailer and distributor of automotive parts and accessories through its approximately 7,353 stores in the United States, Mexico and Brazil. Each store carries an extensive product line for cars, sport utility vehicles, vans and light duty trucks, including new and remanufactured automotive hard parts, maintenance items, accessories and non-automotive products. The Company also sells automotive hard parts, maintenance items, accessories and non-automotive products through www.autozone.com, and its commercial customers can make purchases through www.autozonepro.com. In addition, the Company sells the ALLDATA brand of automotive diagnostic, repair, collision and shop management software through www.alldata.com. It also provides product information on its Duralast branded products through www.duralastparts.com.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
