AutoZone Inc. (NYSE:AZO)’s share price was up 3.2% on Thursday . The company traded as high as $818.00 and last traded at $815.60, with a volume of 211,588 shares traded. The stock had previously closed at $790.32.

A number of research firms have issued reports on AZO. Argus restated a “buy” rating on shares of AutoZone in a research note on Monday, May 2nd. Gabelli restated a “buy” rating and set a $935.00 price target on shares of AutoZone in a research note on Friday, April 15th. Zacks Investment Research upgraded AutoZone from a “hold” rating to a “buy” rating and set a $880.00 price target for the company in a research note on Thursday, May 5th. BTIG Research began coverage on AutoZone in a research note on Wednesday, June 1st. They set a “buy” rating and a $900.00 price target for the company. Finally, Credit Suisse Group AG restated a “buy” rating on shares of AutoZone in a research note on Thursday, May 26th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $846.58.

The stock has a 50 day moving average of $784.86 and a 200 day moving average of $770.61. The stock has a market cap of $23.79 billion and a price-to-earnings ratio of 20.68.

AutoZone (NYSE:AZO) last announced its earnings results on Tuesday, May 24th. The company reported $10.77 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $10.92 by $0.15. The firm had revenue of $2.60 billion for the quarter, compared to the consensus estimate of $2.65 billion. During the same period in the prior year, the company posted $9.57 EPS. AutoZone’s revenue was up 4.0% compared to the same quarter last year. Equities analysts predict that AutoZone Inc. will post $40.76 earnings per share for the current fiscal year.

In related news, Director William Andrew Mckenna sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, July 5th. The shares were sold at an average price of $800.25, for a total transaction of $2,400,750.00. Following the completion of the sale, the director now owns 7,597 shares in the company, valued at $6,079,499.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Philip B. Daniele sold 6,700 shares of the firm’s stock in a transaction dated Monday, June 13th. The stock was sold at an average price of $755.40, for a total transaction of $5,061,180.00. Following the sale, the vice president now owns 3,638 shares of the company’s stock, valued at approximately $2,748,145.20. The disclosure for this sale can be found here.

A number of hedge funds recently bought and sold shares of the company. BlackRock Advisors LLC increased its stake in AutoZone by 19.9% in the fourth quarter. BlackRock Advisors LLC now owns 51,587 shares of the company’s stock worth $38,273,000 after buying an additional 8,570 shares during the period. Utah Retirement Systems increased its stake in AutoZone by 1.8% in the fourth quarter. Utah Retirement Systems now owns 5,734 shares of the company’s stock worth $4,254,000 after buying an additional 100 shares during the period. Marco Investment Management LLC increased its stake in AutoZone by 1.4% in the fourth quarter. Marco Investment Management LLC now owns 2,205 shares of the company’s stock worth $1,636,000 after buying an additional 30 shares during the period. KBC Group NV increased its stake in AutoZone by 45.1% in the fourth quarter. KBC Group NV now owns 25,672 shares of the company’s stock worth $19,046,000 after buying an additional 7,977 shares during the period. Finally, Employees Retirement System of Texas increased its stake in AutoZone by 59.6% in the fourth quarter. Employees Retirement System of Texas now owns 8,300 shares of the company’s stock worth $6,158,000 after buying an additional 3,100 shares during the period.

AutoZone, Inc is a retailer and distributor of automotive replacement parts and accessories in the United States. The Company’s operating segments include Auto Parts Locations and Other. The Auto Parts Locations segment comprises Domestic Auto Parts, Mexico, Brazil and Interamerican Motor Corporation (IMC).

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