News headlines about AutoZone (NYSE:AZO) have been trending somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. AutoZone earned a news impact score of 0.15 on Accern’s scale. Accern also gave news coverage about the company an impact score of 45.4437251513431 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

AZO has been the subject of a number of research analyst reports. Robert W. Baird reaffirmed a “hold” rating and issued a $590.00 target price on shares of AutoZone in a research report on Friday, October 27th. Credit Suisse Group set a $640.00 target price on shares of AutoZone and gave the stock a “buy” rating in a research report on Wednesday, November 1st. Zacks Investment Research downgraded shares of AutoZone from a “hold” rating to a “sell” rating in a research report on Wednesday, November 1st. UBS Group reaffirmed a “buy” rating and issued a $750.00 target price (up previously from $655.00) on shares of AutoZone in a research report on Wednesday, November 29th. Finally, Raymond James Financial reissued a “hold” rating on shares of AutoZone in a research report on Saturday, December 2nd. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and ten have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $747.06.

Shares of AutoZone (AZO) traded down $18.75 during mid-day trading on Tuesday, hitting $711.88. 359,999 shares of the stock were exchanged, compared to its average volume of 429,461. AutoZone has a 12-month low of $491.13 and a 12-month high of $797.89. The company has a debt-to-equity ratio of -3.27, a quick ratio of 0.14 and a current ratio of 0.93. The company has a market cap of $19,470.00, a P/E ratio of 15.85, a price-to-earnings-growth ratio of 1.11 and a beta of 0.74.

AutoZone (NYSE:AZO) last issued its quarterly earnings data on Tuesday, December 5th. The company reported $10.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $9.90 by $0.10. AutoZone had a net margin of 11.66% and a negative return on equity of 78.83%. The firm had revenue of $2.59 billion during the quarter, compared to the consensus estimate of $2.54 billion. During the same quarter in the previous year, the firm posted $9.36 EPS. The company’s revenue for the quarter was up 4.9% compared to the same quarter last year. sell-side analysts expect that AutoZone will post 49.64 earnings per share for the current fiscal year.

In related news, insider James C. Griffith sold 1,250 shares of AutoZone stock in a transaction on Friday, January 19th. The shares were sold at an average price of $794.70, for a total transaction of $993,375.00. Following the transaction, the insider now owns 1,353 shares in the company, valued at approximately $1,075,229.10. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Chairman William C. Rhodes III sold 26,500 shares of AutoZone stock in a transaction on Thursday, December 7th. The shares were sold at an average price of $701.84, for a total transaction of $18,598,760.00. Following the transaction, the chairman now owns 11,464 shares in the company, valued at approximately $8,045,893.76. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 96,710 shares of company stock worth $69,098,826. 2.80% of the stock is owned by corporate insiders.

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About AutoZone

Autozone, Inc is a retailer and distributor of automotive replacement parts and accessories in the United States. The Company operates through the Auto Parts Locations segment. The Auto Parts Locations segment is a retailer and distributor of automotive parts and accessories. As of August 27, 2016, the Company operated through 5,814 locations in the United States, Puerto Rico, Mexico and Brazil.

Insider Buying and Selling by Quarter for AutoZone (NYSE:AZO)

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