AutoZone vs ICON Which Is More Attractive?

AutoZone and ICON are two leading companies in the automotive industry, but they serve different markets and offer unique investment opportunities. AutoZone is a well-established retailer of automotive parts and accessories, with a strong presence in the US market. On the other hand, ICON specializes in the design and manufacturing of suspension systems for trucks and SUVs. Both companies have shown strong performance in recent years, making them attractive options for investors looking to capitalize on the growing automotive industry.

AutoZone or ICON?

When comparing AutoZone and ICON, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between AutoZone and ICON.

Dividend Investors:

Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company. AutoZone has a dividend yield of -%, while ICON has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. AutoZone reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. On the other hand, ICON reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%.

Value Investors:

Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with AutoZone P/E ratio at 20.73 and ICON's P/E ratio at 23.50. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. AutoZone P/B ratio is -11.62 while ICON's P/B ratio is 1.80.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, AutoZone has seen a 5-year revenue growth of 1.27%, while ICON's is 1.06%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with AutoZone's ROE at -54.23% and ICON's ROE at 7.87%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are $3117.96 for AutoZone and $210.84 for ICON. Over the past year, AutoZone's prices ranged from $2510.00 to $3256.37, with a yearly change of 29.74%. ICON's prices fluctuated between $208.65 and $347.72, with a yearly change of 66.65%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.