AutoZone, Inc. (AZO) EPS Estimated At $9.81

November 14, 2017 - By Peter Erickson

 AutoZone, Inc. (AZO) EPS Estimated At $9.81
Investors sentiment decreased to 0.85 in Q2 2017. Its down 0.02, from 0.87 in 2017Q1. It is negative, 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.
Stifel stated it has 13,235 shares. World Asset Mgmt invested 0.05% of its portfolio in AutoZone, Inc. (NYSE:AZO). British Columbia Invest Corp reported 0.04% in AutoZone, Inc. (NYSE:AZO). Exxonmobil Invest Mgmt Incorporated Tx reported 5,406 shares. Qcm Cayman Limited reported 0.88% stake. Lombard Odier Asset (Europe) Ltd invested 0.01% of its portfolio in AutoZone, Inc. (NYSE:AZO). King Luther Capital Mngmt Corporation owns 2,459 shares. The France-based Credit Agricole S A has invested 0.07% in AutoZone, Inc. (NYSE:AZO). Fjarde Ap owns 0.08% invested in AutoZone, Inc. (NYSE:AZO) for 7,033 shares. Citadel Advsr Limited Liability stated it has 43,170 shares. 210 are owned by First Personal Finance Services. Endurance Wealth Management Inc invested 1.01% in AutoZone, Inc. (NYSE:AZO). National Bank Of Nova Scotia, Ontario – Canada-based fund reported 6,759 shares. United Cap Advisers Ltd Llc owns 0.01% invested in AutoZone, Inc. (NYSE:AZO) for 2,544 shares. 505 are held by Atria Invests Limited Liability Corp.

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

Wall Street await AutoZone, Inc. (NYSE:AZO) to release earnings on December, 5. Analysts forecast EPS of $9.81, up exactly $0.45 or 4.81 % from 2014’s $9.36 EPS. The expected AZO’s profit could reach $269.78M giving the stock 15.48 P/E in the case that $9.81 earnings per share is reported. After posting $15.18 EPS for the previous quarter, AutoZone, Inc.’s analysts now forecast -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. RBC Capital Markets maintained AutoZone, Inc. (NYSE:AZO) on Friday, September 23 with “Sector Perform” rating. The rating was initiated by Atlantic Securities with “Neutral” on Wednesday, December 14. Jefferies maintained AutoZone, Inc. (NYSE:AZO) rating on Friday, September 8. Jefferies has “Hold” rating and $660.0 target. The rating was maintained by IBC on Thursday, May 25 with “Buy”. The firm has “Equal-Weight” rating given on Wednesday, May 24 by Stephens. The stock of AutoZone, Inc. (NYSE:AZO) earned “Hold” rating by Jefferies on Wednesday, April 19. Bank of America maintained it with “Buy” rating and $625 target in Tuesday, September 5 report. The firm has “Neutral” rating given on Tuesday, May 30 by Wedbush. The stock of AutoZone, Inc. (NYSE:AZO) earned “Outperform” rating by Oppenheimer on Tuesday, March 22. The stock of AutoZone, Inc. (NYSE:AZO) has “Hold” rating given on Tuesday, September 19 by Jefferies.

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: Seekingalpha.com which released: “AutoZone’s Negative Book Value” on November 08, 2017, also Investorplace.com with their article: “Trade of the Day: AutoZone, Inc. May Not Yet Be Out of Gas” published on November 13, 2017, Globenewswire.com published: “AutoZone to Release First Quarter Earnings December 5, 2017” on November 14, 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.