Economy

AutoZone Stock Fell after Its Fiscal 4Q17 Earnings Release

AutoZone Stock Fell after Its Fiscal 4Q17 Earnings Release”

Therefore 57% are positive. Autozone Inc. has $900 highest and $571.0 lowest target. The shares were sold at an average price of $581.10, for a total value of $5,811,000.00. Raymond James Financial, Inc. downgraded shares of AutoZone from a "strong-buy" rating to a "market perform" rating in a report on Tuesday, May 23rd. UBS Asset Management Americas Inc. raised its position in AutoZone by 5.4% during the 1st quarter. (NYSE:AZO) earned "Hold" rating by Jefferies on Tuesday, September 15. The firm has "Neutral" rating by Wedbush given on Tuesday, May 30. (NYSE:AZO) has "Hold" rating given on Friday, September 8 by Jefferies. Salem Investment Counselors Inc. now owns 264 shares of the company's stock worth $151,000 after buying an additional 9 shares during the last quarter. Credit Suisse maintained the shares of AZO in report on Tuesday, February 9 with "Outperform" rating. The firm has "Hold" rating given on Friday, September 8 by RBC Capital Markets.

05/24/2017 - AutoZone, Inc. had its "buy" rating reiterated by analysts at Citigroup.

A number of institutional investors have recently made changes to their positions in AZO. The company was upgraded on Monday, August 24 by Bank of America. ValuEngine downgraded shares of AutoZone from a "buy" rating to a "hold" rating in a report on Friday, June 2nd. The stock of Renishaw plc (LON:RSW) earned "Sell" rating by N+1 Singer on Thursday, October 15. Barclays Capital maintained Renishaw plc (LON:RSW) rating on Monday, July 18. The stock of Tutor Perini Corp (NYSE:TPC) has "Sector Weight" rating given on Friday, January 27 by KeyBanc Capital Markets. (NYSE:AZO) has "Equal-Weight" rating given on Thursday, July 6 by Morgan Stanley. The rating was maintained by UBS on Wednesday, November 18 with "Neutral". The stock rose 1.67% or $8.93 reaching $544.8. 673,167 shares of the company traded hands. Renishaw plc (LON:RSW) has 0.00% since September 20, 2016 and is. On Tuesday, March 21 Halsell Rodney C. sold $10.36 million worth of AutoZone, Inc. Alpha Windward LLC boosted its holdings in shares of AutoZone by 3.2% in the second quarter.

Investors sentiment increased to 0.88 in Q4 2016. Its up 0.06, from 0.82 in 2016Q3. It increased, as 37 investors sold AZO shares while 209 reduced holdings. Pacer Advisors Inc. now owns 507 shares of the company's stock valued at $367,000 after buying an additional 11 shares during the last quarter. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of global trademark and copyright laws. (NYSE:AZO) for 60 shares. Fdx Advsr reported 426 shares. State of Wisconsin Investment Board raised its position in AutoZone by 21.9% during the 1st quarter. Salem Investment Counselors Inc. grew its position in AutoZone by 3.5% during the second quarter. (NYSE:AZO) for 208,904 shares. Point View Wealth Management Inc. now owns 596 shares of the company's stock valued at $431,000 after buying an additional 55 shares during the last quarter. First Manhattan Communication owns 65,446 shares or 0.31% of their USA portfolio. 167,950 are owned by Bessemer Group. Comerica Bank invested in 10,295 shares. Moreover, Tudor Invest Et Al has 0.03% invested in AutoZone, Inc. National Bank Of Nova Scotia Co owns 1,570 shares.

Natixis decreased its stake in Autozone Inc (AZO) by 13.75% based on its latest 2016Q4 regulatory filing with the SEC. (NYSE:AZO) for 228,763 shares. Btg Pactual Glob Asset Mgmt Limited stated it has 1,370 shares.

39,874 are held by Federated Invsts Pa. Millennium Mgmt Lc invested in 19,743 shares. More interesting news about AutoZone, Inc. About shares traded. Tutor Perini Corp (TPC) has risen 25.83% since September 21, 2016 and is uptrending.

The share price of the company (NYSE:AZO) was up +1.57% during the last trading session, with a high of 550.85 and the volume of AutoZone, Inc. shares traded was 673167. It has underperformed by 27.65% the S&P500.

In company news, AutoZone (AZO) declined Tuesday despite the auto-part retailer today reporting adjusted fiscal Q4 net income and revenue exceeding Wall Street projections.

Excluding one-time items, the company earned $15.18 per share during the three months ended August 26, improving on a $14.30 per share profit during the same quarter a year ago and beating the Capital IQ consensus by $0.06 per share. The Firm operates through the Auto Parts Locations segment.



Like this

Latest


22 September 2017
Porsche 911 GT2 RS might be looking for a Nurburgring record
The most important is the addition of all-wheel steering which undoubtedly helps grip through the demanding corners. Bridge to Gantry speculates it's likely the Porsche was able to lay down a time as low as 6:54.00 or less.

22 September 2017
Arsenal's Welbeck out for three weeks with groin injury
The game is likely to be a chance for fringe players to make their mark - including returning midfielder Jack Wilshere. We've got a couple of home games now and hopefully we can win them and put ourselves in a good position again".

22 September 2017
USA stocks close higher ahead as Fed meeting starts
A separate report released by the Labor Department showed increases in US import and export prices in the month of August. Semiconductor and natural gas stocks are also seeing modest weakness, while some strength has emerged among gold stocks.

22 September 2017
Insurer Saga reports 5.5 percent rise in profits
Batchelor also revealed the launch of Saga Possibilities, a new membership programme available to all Saga customers. Saga reported strong travel profit growth of 63% to £11.9m, compared to £7.3m in the first half of past year .

22 September 2017
Jimmy Kimmel transforms debate, and shows comedy's new role
Cassidy's spokesman didn't immediately return a request for comment Wednesday from The Associated Press. He added, "There are more people who will be covered under this bill than under the status quo".

22 September 2017
Stocks To Invest: Endo International plc (ENDP), The Buckle, Inc. (BKE)
Endo International PLC (NASDAQ: ENDP ) (TSE:ENL) last issued its quarterly earnings results on Tuesday, August 8th. Volume is the basic fuel of the market since stocks move up or down in price only when shares are trading hands.

22 September 2017
Earnings Analysis Of The Blackstone Group LP (BX)
If you are accessing this piece on another site, it was stolen and republished in violation of global copyright & trademark laws. COPYRIGHT VIOLATION WARNING: This piece of content was first posted by Equities Focus and is the property of of Equities Focus.

22 September 2017
Chelsea boost ahead of Saturday's Premier League clash at Stoke
That's where we find ourselves and it's coincided with the fact we can't play Kurt Zouma. Stoke City boss Mark Hughes says the Premier League will miss Diego Costa .

22 September 2017
Stephen Colbert Shows Hillary Clinton His Unused Election Night Jokes
She also touched on Trump's first speech at the United Nations General Assembly Monday, calling his words "dark" and "dangerous". Eventually, she decided that as a former first lady, it was important for her to attend. "She wants, still, to be relatable".

22 September 2017
Katrina, Shah Rukh Khan starts shooting for Aanand L Rai's next
We already saw the chemistry between Anushka and SRK in JHMS for the second time; it's time to Kat with him now. Batlaa conveys the story and is slightly light-hearted too, so people don't think it's a very serious film.



Recommended