AutoZone, Inc. (AZO) Analysts See $12.17 EPS

November 11, 2018 - By Richard Conner

AutoZone, Inc. (NYSE:AZO) LogoInvestors sentiment decreased to 0.97 in 2018 Q2. Its down 0.03, from 1 in 2018Q1. It turned negative, as 35 investors sold AutoZone, Inc. shares while 176 reduced holdings. 65 funds opened positions while 139 raised stakes. 23.51 million shares or 0.08% more from 23.49 million shares in 2018Q1 were reported.
Beck Mack Oliver Llc holds 4,500 shares or 0.1% of its portfolio. Shufro Rose & Co Lc reported 12,975 shares or 0.83% of all its holdings. Fincl Architects, a New Jersey-based fund reported 70 shares. Jennison Associate Lc stated it has 0% of its portfolio in AutoZone, Inc. (NYSE:AZO). Highland Capital Mgmt Ltd Liability Co accumulated 436 shares. Commonwealth State Bank Of Australia reported 0% of its portfolio in AutoZone, Inc. (NYSE:AZO). Vigilant Management Limited Liability Co stated it has 0% in AutoZone, Inc. (NYSE:AZO). Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 5,771 shares. Amica Retiree Medical Trust owns 165 shares or 0.1% of their US portfolio. Schroder Inv Group Inc stated it has 0.05% in AutoZone, Inc. (NYSE:AZO). Garrison Fincl reported 5,488 shares. Neuberger Berman Grp Ltd Liability Corporation, a New York-based fund reported 2,122 shares. Manchester Capital Ltd Limited Liability Company holds 238 shares. Ftb holds 438 shares. Victory Cap Management reported 3,949 shares stake.

Since June 22, 2018, it had 0 insider buys, and 2 sales for $7.72 million activity. 740 shares were sold by Daniele Philip B., worth $505,821.

Analysts expect AutoZone, Inc. (NYSE:AZO) to report $12.17 EPS on December, 4.They anticipate $2.21 EPS change or 22.19 % from last quarter’s $9.96 EPS. AZO’s profit would be $311.06M giving it 16.31 P/E if the $12.17 EPS is correct. After having $18.54 EPS previously, AutoZone, Inc.’s analysts see -34.36 % EPS growth. The stock decreased 0.63% or $5.07 during the last trading session, reaching $793.87. About 341,286 shares traded or 10.33% up from the average. AutoZone, Inc. (NYSE:AZO) has risen 38.52% since November 11, 2017 and is uptrending. It has outperformed by 22.90% the S&P500.

AutoZone, Inc. (NYSE:AZO) Ratings Coverage

Among 10 analysts covering AutoZone (NYSE:AZO), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. AutoZone had 12 analyst reports since May 22, 2018 according to SRatingsIntel. As per Wednesday, May 23, the company rating was maintained by JP Morgan. The firm has “Outperform” rating given on Wednesday, May 23 by Wedbush. The firm has “Neutral” rating given on Monday, September 17 by Bank of America. Wedbush maintained AutoZone, Inc. (NYSE:AZO) rating on Friday, July 20. Wedbush has “Outperform” rating and $770 target. The firm has “Buy” rating given on Wednesday, August 1 by Deutsche Bank. Citigroup maintained the shares of AZO in report on Wednesday, September 19 with “Buy” rating. The firm has “Outperform” rating by Wells Fargo given on Tuesday, June 12. The rating was upgraded by Stephens to “Overweight” on Wednesday, August 15. The rating was maintained by Wedbush on Wednesday, June 27 with “Buy”. The stock has “Equal-Weight” rating by Morgan Stanley on Tuesday, November 6.

AutoZone, Inc. retails and distributes automotive replacement parts and accessories. The company has market cap of $20.29 billion. It offers various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. It has a 16.28 P/E ratio. The company's products include A/C compressors, batteries and accessories, bearings, belts and hoses, calipers, carburetors, chassis, clutches, CV axles, engines, fuel pumps, fuses, ignition and lighting products, mufflers, radiators, thermostats, starters and alternators, and water pumps.

More news for AutoZone, Inc. (NYSE:AZO) were recently published by: Globenewswire.com, which released: “AutoZone Announces Upcoming Board of Directors Retirement” on October 19, 2018. Investorplace.com‘s article titled: “The Massive Growth in AAP Stock Could Stall Out” and published on November 09, 2018 is yet another important article.

AutoZone, Inc. (NYSE:AZO) Institutional Positions Chart

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