TOday’s Movers: AutoZone (NYSE:AZO) Stock Rating Kept by Analysts at Credit Suisse; $854.0000 Target Price Indicates 5.55 % Potential

AutoZone, Inc. (NYSE:AZO) Logo

Investors sentiment decreased to 0.97 in 2018 Q2. Its down 0.03, from 1 in 2018Q1. It fall, 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.

6,700 were reported by S Muoio And Lc. Burgundy Asset Mgmt owns 615,202 shares. Raymond James And Associate reported 4,382 shares. Fjarde Ap has 8,023 shares for 0.08% of their portfolio. Price T Rowe Assoc Md invested in 140,367 shares or 0.01% of the stock. 112,291 are owned by Swiss Comml Bank. Apg Asset Nv owns 172,384 shares. Gyroscope Mgmt Grp Inc Ltd Liability Corp holds 0.18% or 613 shares. Cibc World reported 6,154 shares. Washington Cap Mngmt Incorporated stated it has 650 shares or 0.45% of all its holdings. Washington Tru reported 4 shares or 0% of all its holdings. Sei Investments Co has 4,891 shares for 0.01% of their portfolio. Nfc Invs Ltd Liability reported 20,487 shares. Fisher Asset Mgmt Ltd Co holds 326 shares or 0% of its portfolio. 19,021 are owned by Gam Hldg Ag.

Since June 22, 2018, it had 0 insider purchases, and 6 insider sales for $47.17 million activity. Another trade for 5,387 shares valued at $4.05M was made by Halsell Rodney C. on Friday, November 2. Graves William W also sold $14.67 million worth of AutoZone, Inc. (NYSE:AZO) shares. RHODES WILLIAM C III sold $18.49M worth of stock. Another trade for 3,000 shares valued at $2.24 million was made by MCKENNA WILLIAM ANDREW on Tuesday, October 30. PLEAS CHARLES III had sold 9,500 shares worth $7.22M.

AutoZone (NYSE:AZO) Rating Reaffirmed

They currently have a $854.0000 PT on AutoZone (NYSE:AZO). The target price by Credit Suisse would suggest a potential upside of 5.55 % from the company’s last close price. This has been revealed to clients and investors in an analyst report on Wednesday, 28 November.

AutoZone, Inc. (NYSE:AZO) Ratings Coverage

Among 8 analysts covering AutoZone (NYSE:AZO), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. AutoZone has $94000 highest and $74000 lowest target. $819.86’s average target is 1.33% above currents $809.07 stock price. AutoZone had 12 analyst reports since June 12, 2018 according to SRatingsIntel. The firm has “Buy” rating by Wedbush given on Wednesday, November 21. The rating was maintained by Wedbush on Wednesday, June 27 with “Buy”. Stephens upgraded the stock to “Overweight” rating in Wednesday, August 15 report. The rating was downgraded by Bank of America on Monday, September 17 to “Neutral”. Credit Suisse maintained it with “Outperform” rating and $810 target in Wednesday, September 5 report. Wells Fargo maintained AutoZone, Inc. (NYSE:AZO) rating on Tuesday, June 12. Wells Fargo has “Outperform” rating and $800 target. As per Wednesday, November 28, the company rating was maintained by Credit Suisse. The rating was maintained by Citigroup with “Buy” on Wednesday, September 19. The firm has “Outperform” rating by Wedbush given on Friday, July 20. The stock of AutoZone, Inc. (NYSE:AZO) has “Buy” rating given on Wednesday, August 1 by Deutsche Bank.

The stock decreased 2.03% or $16.76 during the last trading session, reaching $809.07. About 602,896 shares traded or 76.93% up from the average. AutoZone, Inc. (NYSE:AZO) has risen 38.52% since December 2, 2017 and is uptrending. It has outperformed by 22.90% the S&P500.

Analysts await AutoZone, Inc. (NYSE:AZO) to report earnings on December, 4. They expect $12.17 earnings per share, up 22.19 % or $2.21 from last year’s $9.96 per share. AZO’s profit will be $311.05 million for 16.62 P/E if the $12.17 EPS becomes a reality. After $18.54 actual earnings per share reported by AutoZone, Inc. for the previous quarter, Wall Street now forecasts -34.36 % negative EPS growth.

AutoZone, Inc. retails and distributes automotive replacement parts and accessories. The company has market cap of $20.68 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 16.59 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 notable recent AutoZone, Inc. (NYSE:AZO) news were published by: Globenewswire.com which released: “AutoZone Announces Senior Vice President Promotion NYSE:AZO – GlobeNewswire” on November 16, 2018, also Benzinga.com with their article: “Q3 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolio – Benzinga” published on November 15, 2018, Investorplace.com published: “The Massive Growth in AAP Stock Could Stall Out – Investorplace.com” on November 08, 2018. More interesting news about AutoZone, Inc. (NYSE:AZO) were released by: Seekingalpha.com and their article: “Advance Auto Parts and peers rally – Seeking Alpha” published on November 13, 2018 as well as Schaeffersresearch.com‘s news article titled: “Analyst Tunes Up These Auto Parts Stocks – Schaeffers Research” with publication date: November 06, 2018.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.