AutoZone, Inc. (NYSE:AZO) VP Richard Craig Smith sold 2,700 shares of the stock in a transaction on Thursday, January 4th. The shares were sold at an average price of $760.00, for a total value of $2,052,000.00. Following the completion of the sale, the vice president now owns 4,500 shares of the company’s stock, valued at approximately $3,420,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
AutoZone, Inc. (NYSE AZO) opened at $775.50 on Monday. AutoZone, Inc. has a one year low of $491.13 and a one year high of $800.00. The company has a quick ratio of 0.14, a current ratio of 0.93 and a debt-to-equity ratio of -3.27. The firm has a market cap of $21,210.00, a price-to-earnings ratio of 17.27, a PEG ratio of 1.42 and a beta of 0.71.
AutoZone (NYSE:AZO) last posted its quarterly earnings results on Tuesday, December 5th. The company reported $10.00 earnings per share for the quarter, topping the Zacks’ consensus estimate of $9.90 by $0.10. AutoZone had a net margin of 11.66% and a negative return on equity of 78.83%. The business had revenue of $2.59 billion for the quarter, compared to the consensus estimate of $2.54 billion. During the same period in the prior year, the business posted $9.36 earnings per share. AutoZone’s revenue for the quarter was up 4.9% compared to the same quarter last year. research analysts predict that AutoZone, Inc. will post 46.73 EPS for the current fiscal year.
AZO has been the subject of a number of research analyst reports. Credit Suisse Group set a $640.00 target price on AutoZone and gave the company a “buy” rating in a report on Wednesday, November 1st. Citigroup restated a “buy” rating and issued a $700.00 target price on shares of AutoZone in a report on Wednesday, September 20th. Zacks Investment Research lowered AutoZone from a “hold” rating to a “sell” rating in a report on Tuesday, November 21st. UBS Group restated a “buy” rating and issued a $655.00 target price (down previously from $725.00) on shares of AutoZone in a report on Wednesday, September 20th. Finally, Barclays increased their target price on AutoZone from $710.00 to $800.00 in a report on Thursday, December 7th. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and eight have assigned a buy rating to the company’s stock. AutoZone presently has an average rating of “Hold” and a consensus target price of $726.06.
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Autozone, Inc is a retailer and distributor of automotive replacement parts and accessories in the United States. The Company operates through the Auto Parts Locations segment. The Auto Parts Locations segment is a retailer and distributor of automotive parts and accessories. As of August 27, 2016, the Company operated through 5,814 locations in the United States, Puerto Rico, Mexico and Brazil.
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