AutoZone, Inc. (AZO) Analysts See $9.81 EPS

November 14, 2017 - By Marie Mckinney

 AutoZone, Inc. (AZO) Analysts See $9.81 EPS
Investors sentiment decreased to 0.85 in 2017 Q2. Its down 0.02, from 0.87 in 2017Q1. It dived, as 81 investors sold AutoZone, Inc. shares while 174 reduced holdings. 70 funds opened positions while 147 raised stakes. 26.61 million shares or 3.74% less from 27.65 million shares in 2017Q1 were reported.
Farmers And Merchants Invs has invested 0.12% of its portfolio in AutoZone, Inc. (NYSE:AZO). Raymond James And Assocs reported 0.01% of its portfolio in AutoZone, Inc. (NYSE:AZO). Btg Pactual Glob Asset Mngmt Ltd reported 0.78% of its portfolio in AutoZone, Inc. (NYSE:AZO). 225,733 were reported by Bancshares Of Mellon. Tiaa Cref Invest Llc invested in 0.05% or 121,485 shares. Assetmark Inc holds 1 shares or 0% of its portfolio. Advsr Asset stated it has 0.02% of its portfolio in AutoZone, Inc. (NYSE:AZO). Plante Moran Fincl Advsrs Limited Liability Company has invested 0% in AutoZone, Inc. (NYSE:AZO). Oppenheimer & Incorporated accumulated 5,292 shares. The Pennsylvania-based Veritable Limited Partnership has invested 0.01% in AutoZone, Inc. (NYSE:AZO). 39,734 are owned by Prudential. Korea Investment holds 8,968 shares or 0.02% of its portfolio. Axa reported 37,937 shares or 0.1% of all its holdings. Mirae Asset Glob Invests invested in 0% or 422 shares. Thrivent For Lutherans holds 0% or 1,165 shares in its portfolio.

Since June 8, 2017, it had 0 buys, and 1 insider sale for $602,495 activity.

Analysts await AutoZone, Inc. (NYSE:AZO) to report earnings on December, 5. They expect $9.81 earnings per share, up 4.81 % or $0.45 from last year’s $9.36 per share. AZO’s profit will be $269.78M for 15.48 P/E if the $9.81 EPS becomes a reality. After $15.18 actual earnings per share reported by AutoZone, Inc. for the previous quarter, Wall Street now forecasts -35.38 % negative EPS growth. The stock increased 2.07% or $12.32 during the last trading session, reaching $607.63. About 692,393 shares traded or 85.50% up from the average. AutoZone, Inc. (NYSE:AZO) has declined 10.95% since November 15, 2016 and is downtrending. It has underperformed by 27.65% the S&P500.

AutoZone, Inc. (NYSE:AZO) Ratings Coverage

Among 22 analysts covering Autozone Inc. (NYSE:AZO), 12 have Buy rating, 0 Sell and 10 Hold. Therefore 55% are positive. Autozone Inc. had 59 analyst reports since August 24, 2015 according to SRatingsIntel. The firm has “Hold” rating by Robert W. Baird given on Thursday, October 26. The stock of AutoZone, Inc. (NYSE:AZO) earned “Hold” rating by Deutsche Bank on Wednesday, September 23. Oppenheimer maintained it with “Buy” rating and $61000 target in Thursday, July 20 report. The rating was maintained by RBC Capital Markets on Wednesday, December 7 with “Sector Perform”. The firm earned “Buy” rating on Tuesday, August 25 by Citigroup. The rating was maintained by Deutsche Bank on Wednesday, December 7 with “Hold”. The firm has “Hold” rating by Jefferies given on Friday, September 8. The stock of AutoZone, Inc. (NYSE:AZO) has “Hold” rating given on Tuesday, September 19 by RBC Capital Markets. RBC Capital Markets maintained AutoZone, Inc. (NYSE:AZO) rating on Wednesday, September 23. RBC Capital Markets has “Sector Perform” rating and $726.0 target. Jefferies maintained AutoZone, Inc. (NYSE:AZO) rating on Wednesday, April 19. Jefferies has “Hold” rating and $810 target.

Autozone, Inc. is a retailer and distributor of automotive replacement parts and accessories in the United States. The company has market cap of $16.71 billion. The Firm operates through the Auto Parts Locations segment. It has a 13.73 P/E ratio. The Auto Parts Locations segment is a retailer and distributor of automotive parts and accessories.

More notable recent AutoZone, Inc. (NYSE:AZO) news were published by: Investorplace.com which released: “Trade of the Day: AutoZone, Inc. May Not Yet Be Out of Gas” on November 13, 2017, also Seekingalpha.com with their article: “AutoZone’s Negative Book Value” published on November 08, 2017, Nasdaq.com published: “AutoZone Inc (AZO) Files 10-K for the Fiscal Year Ended on August 31, 2017” on October 26, 2017. More interesting news about AutoZone, Inc. (NYSE:AZO) were released by: Seekingalpha.com and their article: “AutoZone: A Rare Opportunity Is Now Available” published on November 02, 2017 as well as Seekingalpha.com‘s news article titled: “AutoZone Is A Great Business At A Good Price” with publication date: October 26, 2017.

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