AutoZone (NYSE:AZO) posted its earnings results on Monday. The company reported $10.00 EPS for the quarter, beating the Zacks’ consensus estimate of $9.90 by $0.10, RTT News reports. AutoZone had a negative return on equity of 74.48% and a net margin of 11.76%. The firm had revenue of $2.59 billion for the quarter, compared to analysts’ expectations of $2.54 billion. During the same period last year, the firm earned $9.36 EPS. The company’s quarterly revenue was up 4.9% on a year-over-year basis.

AutoZone (NYSE AZO) opened at $709.77 on Tuesday. The company has a quick ratio of 0.15, a current ratio of 0.97 and a debt-to-equity ratio of -3.56. AutoZone has a 12 month low of $491.13 and a 12 month high of $813.70. The firm has a market cap of $18,650.93, a P/E ratio of 15.40, a price-to-earnings-growth ratio of 1.25 and a beta of 0.72.

In other AutoZone news, Director William Andrew Mckenna sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 28th. The shares were sold at an average price of $584.96, for a total value of $1,754,880.00. Following the transaction, the director now directly owns 8,131 shares of the company’s stock, valued at approximately $4,756,309.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 2.80% of the company’s stock.

A number of research firms have recently commented on AZO. Stephens restated a “hold” rating and set a $550.00 target price (down from $620.00) on shares of AutoZone in a research report on Thursday, September 21st. Moffett Nathanson assumed coverage on AutoZone in a research report on Monday. They set a “neutral” rating on the stock. Royal Bank Of Canada lowered their price objective on AutoZone from $577.00 to $571.00 and set a “sector perform” rating on the stock in a report on Wednesday, September 20th. Wedbush reiterated a “hold” rating and issued a $580.00 price objective (down from $590.00) on shares of AutoZone in a report on Wednesday, September 20th. Finally, Raymond James Financial reiterated a “hold” rating on shares of AutoZone in a report on Saturday. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. AutoZone presently has an average rating of “Hold” and an average target price of $729.20.

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About AutoZone

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.

Earnings History for AutoZone (NYSE:AZO)

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