Wall Street analysts are showing strong conviction in AutoZone, Allstate, and CSW Industrials this June, with all three carrying predominantly Buy ratings and recent earnings beats. AutoZone holds 21 Buy ratings despite a 10% year-to-date share decline, after fiscal Q3 EPS of $38.07 beat the $36.17 consensus and revenue grew 8% to $4.84 billion. Allstate smashed Q1 estimates by 47% with EPS of $10.65 versus $7.25, driven by a 15.4-point improvement in its Property-Liability combined ratio to 82.0, and trades at a forward P/E of just 9. CSW Industrials crossed $1 billion in annual revenue for the first time in its fiscal Q4, with adjusted EPS of $3.14 crushing the $2.34 consensus and revenue up 34% to $308.96 million. Each company faces upcoming catalysts in the next five to nine weeks that could validate or break their upgrade cycles.
The Allstate CorporationAllstate smashed Q1 estimates by 47% with EPS of $10.65 versus $7.25, driven by a 15.4-point improvement in its Property-Liability combined ratio to 82.0, and trades at a forward P/E of just 9.
AutoZone IncAutoZone fiscal Q3 EPS of $38.07 beat the $36.17 consensus and revenue grew 8% to $4.84 billion.
CSW Industrials, Inc.CSW Industrials crossed $1 billion in annual revenue for the first time in its fiscal Q4, with adjusted EPS of $3.14 crushing the $2.34 consensus and revenue up 34% to $308.96 million.