AutoZone Inc

AZO: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$7,567.00	Bdh	Dyzltqwt

AutoZone Earnings: Commercial Struggles Should Fade, but Price Leaves Little Room for Error

Kristoffer Inton

Sep 19, 2023

We anticipate raising our $2,070 fair value estimate for narrow-moat AutoZone by a low- to mid-single-digit percentage, mostly due to the time value of money. But with the shares trading in 2-star territory, we think the current price is predicated on loftier expectations that might prove difficult to achieve.

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