AutoZone (AZO) Announces Quarterly Results
AutoZone (NYSE:AZO) posted its quarterly earnings results on Wednesday. The company reported $10.42 EPS for the quarter, beating the Thomson Reuters consensus estimate of $10.38 by $0.04, AnalystRatings.Net reports. The company had revenue of $3.10 billion for the quarter, compared to the consensus estimate of $3.10 billion. During the same quarter last year, the company posted $8.46 earnings per share.
On the ratings front, analysts at Zacks reiterated a “neutral” rating on shares of AutoZone (NYSE:AZO) in a research note to investors on Thursday, September 19th. They now have a $442.00 price target on the stock.
One research analyst has rated the stock with a sell rating, six have assigned a hold rating and ten have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $441.53.
Shares of AutoZone (NYSE:AZO) opened at 414.31 on Wednesday. AutoZone has a 52 week low of $341.98 and a 52 week high of $452.19. The stock has a 50-day moving average of $422.7 and a 200-day moving average of $414.9. The company has a market cap of $14.717 billion and a P/E ratio of 15.91.
AutoZone, Inc (NYSE:AZO) is a retailer and a distributor of automotive replacement parts and accessories in the United States.
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