AutoZone (NYSE: AZO)‘s stock had its “market perform” rating reaffirmed by Sanford C. Bernstein in a research note issued on Tuesday. They currently have a $426.00 price target on the stock.
Several other analysts have also recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of AutoZone in a research note to investors on Monday. They now have a $405.00 price target on the stock. Separately, analysts at TheStreet reiterated a “buy” rating on shares of AutoZone in a research note to investors on Friday. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of AutoZone in a research note to investors on Monday, March 4th. They now have a $440.00 price target on the stock.
Twelve research analysts have rated the stock with a buy rating, two have assigned an overweight rating, eight have issued a hold rating, and one has assigned a sell rating to the stock. The stock currently has a consensus rating of “overweight” and a consensus price target of $417.22.
AutoZone traded down 0.26% on Tuesday, hitting $387.31. AutoZone has a 52-week low of $341.98 and a 52-week high of $399.10. The stock’s 50-day moving average is currently $374.7. The company has a market cap of $13.973 billion and a price-to-earnings ratio of 15.49.
AutoZone last issued its quarterly earnings data on Tuesday, February 26th. The company reported $4.78 EPS for the quarter, beating the Thomson Reuters consensus estimate of $4.76 by $0.02. The company had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.88 billion. During the same quarter last year, the company posted $4.15 earnings per share. AutoZone’s revenue was up 2.8% compared to the same quarter last year. Analysts expect that AutoZone will post $27.62 EPS for the current fiscal year.
AutoZone, Inc. (AutoZone) is a retailer and a distributor of automotive replacement parts and accessories in the United States.
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