$12.17 EPS Expected for AutoZone, Inc. (AZO)

November 11, 2018 - By Kristen Paramore

AutoZone, Inc. (NYSE:AZO) LogoInvestors sentiment decreased to 0.97 in Q2 2018. Its down 0.03, from 1 in 2018Q1. It turned negative, as 35 investors sold AutoZone, Inc. shares while 176 reduced holdings. 65 funds opened positions while 139 raised stakes. 23.51 million shares or 0.08% more from 23.49 million shares in 2018Q1 were reported.
Jpmorgan Chase & stated it has 1.95M shares or 0.27% of all its holdings. 1832 Asset Mgmt L P has invested 0% of its portfolio in AutoZone, Inc. (NYSE:AZO). Everence Cap Management reported 420 shares. Natixis has invested 0.02% in AutoZone, Inc. (NYSE:AZO). Arizona State Retirement has 0.04% invested in AutoZone, Inc. (NYSE:AZO) for 6,544 shares. Reliance Tru Of Delaware stated it has 592 shares or 0.06% of all its holdings. Kentucky Retirement Trust Fund reported 502 shares stake. Norinchukin Savings Bank The reported 0.03% of its portfolio in AutoZone, Inc. (NYSE:AZO). Jane Street Gp Limited Liability owns 0.02% invested in AutoZone, Inc. (NYSE:AZO) for 12,873 shares. Asset Mngmt Inc owns 0.06% invested in AutoZone, Inc. (NYSE:AZO) for 1,843 shares. Federated Investors Pa has invested 0.05% in AutoZone, Inc. (NYSE:AZO). Moreover, Acadian Asset Lc has 0% invested in AutoZone, Inc. (NYSE:AZO) for 144 shares. Beutel Goodman Ltd has invested 1.16% in AutoZone, Inc. (NYSE:AZO). Numerixs Inv accumulated 600 shares. Hsbc Hldg Public Ltd reported 0.04% of its portfolio in AutoZone, Inc. (NYSE:AZO).

Since June 22, 2018, it had 0 insider buys, and 2 selling transactions for $7.72 million activity. Daniele Philip B. had sold 740 shares worth $505,821 on Friday, June 22.

Analysts expect AutoZone, Inc. (NYSE:AZO) to report $12.17 EPS on December, 4.They anticipate $2.21 EPS change or 22.19 % from last quarter’s $9.96 EPS. AZO’s profit would be $311.06M giving it 16.31 P/E if the $12.17 EPS is correct. After having $18.54 EPS previously, AutoZone, Inc.’s analysts see -34.36 % EPS growth. The stock decreased 0.63% or $5.07 during the last trading session, reaching $793.87. About 341,286 shares traded or 10.33% up from the average. AutoZone, Inc. (NYSE:AZO) has risen 38.52% since November 11, 2017 and is uptrending. It has outperformed by 22.90% the S&P500.

AutoZone, Inc. (NYSE:AZO) Ratings Coverage

Among 10 analysts covering AutoZone (NYSE:AZO), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. AutoZone had 12 analyst reports since May 22, 2018 according to SRatingsIntel. Deutsche Bank upgraded the shares of AZO in report on Wednesday, August 1 to “Buy” rating. Citigroup maintained the stock with “Buy” rating in Wednesday, September 19 report. Wedbush maintained the shares of AZO in report on Friday, July 20 with “Outperform” rating. The stock of AutoZone, Inc. (NYSE:AZO) has “Outperform” rating given on Wednesday, May 23 by Wedbush. The company was maintained on Wednesday, September 5 by Credit Suisse. The stock of AutoZone, Inc. (NYSE:AZO) earned “Buy” rating by Wedbush on Wednesday, June 27. Stephens upgraded the shares of AZO in report on Wednesday, August 15 to “Overweight” rating. The company was maintained on Wednesday, May 23 by JP Morgan. The stock has “Outperform” rating by Wells Fargo on Tuesday, June 12. Morgan Stanley maintained the shares of AZO in report on Tuesday, November 6 with “Equal-Weight” rating.

AutoZone, Inc. retails and distributes automotive replacement parts and accessories. The company has market cap of $20.29 billion. It offers various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. It has a 16.28 P/E ratio. The company's products include A/C compressors, batteries and accessories, bearings, belts and hoses, calipers, carburetors, chassis, clutches, CV axles, engines, fuel pumps, fuses, ignition and lighting products, mufflers, radiators, thermostats, starters and alternators, and water pumps.

More news for AutoZone, Inc. (NYSE:AZO) were recently published by: Investorplace.com, which released: “The Massive Growth in AAP Stock Could Stall Out” on November 09, 2018. Globenewswire.com‘s article titled: “AutoZone Announces Upcoming Board of Directors Retirement” and published on October 19, 2018 is yet another important article.

AutoZone, Inc. (NYSE:AZO) Institutional Positions Chart

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