AutoZone, Inc. (NYSE:AZO) insider James C. Griffith sold 1,547 shares of the stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $783.00, for a total value of $1,211,301.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
AutoZone, Inc. (NYSE:AZO) traded down $3.27 during trading hours on Friday, hitting $784.79. The stock had a trading volume of 297,600 shares, compared to its average volume of 454,383. The company has a market cap of $21,650.00, a price-to-earnings ratio of 17.48, a price-to-earnings-growth ratio of 1.27 and a beta of 0.71. AutoZone, Inc. has a 1-year low of $491.13 and a 1-year high of $791.64. The company has a debt-to-equity ratio of -3.27, a current ratio of 0.93 and a quick ratio of 0.14.
AutoZone (NYSE:AZO) last issued its quarterly earnings results on Tuesday, December 5th. The company reported $10.00 earnings per share for the quarter, topping the consensus estimate of $9.90 by $0.10. AutoZone had a negative return on equity of 78.83% and a net margin of 11.66%. The firm 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. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. analysts expect that AutoZone, Inc. will post 47.25 earnings per share for the current year.
Several analysts recently issued reports on the company. Credit Suisse Group set a $790.00 target price on AutoZone and gave the stock a “hold” rating in a research report on Thursday, January 4th. Moffett Nathanson assumed coverage on AutoZone in a research report on Monday, December 4th. They set a “neutral” rating for the company. Royal Bank of Canada increased their target price on AutoZone and gave the stock a “sector perform” rating in a research report on Wednesday, December 6th. UBS Group reiterated a “buy” rating and set a $750.00 target price (down previously from $810.00) on shares of AutoZone in a research report on Wednesday, December 6th. Finally, Stephens reiterated a “hold” rating and set a $550.00 target price (down previously from $620.00) on shares of AutoZone in a research report on Thursday, September 21st. Three investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $734.56.
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AutoZone Company Profile
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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