on AutoZone from $1,300 to $1,500 . "Want Turbo Fast Comps? They Got It!" the analyst exclaimed after the auto parts retailer reported a massive earnings beat.'s comp sales increased 21.8%, easily beating the 10.8% consensus, while F4Q20 EPS surged 37% to $30.93- a whopping $5.78 above the $25.15 consensus.
What's more, he believes AZO's favorable balance sheet metrics such as 1.9x current debt/ EBITDAR ratio could enable a quicker timeframe for potential resumption of buybacks . That's on top of an attractive valuation relative to its peer group, with AZO trading at 15x on the analyst's CY21 EPS estimate, reflecting a 24% discount to ORLY and a 7% discount to AAP.is one of the top 100 analysts tracked by TipRanks. That's thanks to his impressive 74% success rate and 33% average return per rating. And this week MacDonald has been singing the praises of cloud-based software stock HubSpot.
According to the analyst, INBOUND 2020 emphasized HubSpot's corporate segment with re-launches of Marketing Hub and Sales Hub Enterprise potentially reducing customer graduation rates and allowing HUBS to better grow with their customers.did not provide a guidance update, "management commented that the steps taken in the Spring resulted in a stabilization in retention and a tailwind to net new ARR growth since June" noted McDonald on September 23.
And a recommended buy on the ever-undervalued Tesla !?
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