Autozone Inc (NYSE:AZO) Institutional Investor Sentiment Analysis

August 24, 2017 - By Ellis Scott

 Autozone Inc (NYSE:AZO) Institutional Investor Sentiment Analysis

Sentiment for Autozone Inc (NYSE:AZO)

Autozone Inc (NYSE:AZO) institutional sentiment increased to 0.88 in 2016 Q4. Its up 0.06, from 0.82 in 2016Q3. The ratio increased, as 216 institutional investors started new or increased equity positions, while 246 sold and decreased holdings in Autozone Inc. The institutional investors in our partner’s database now own: 26.74 million shares, up from 26.74 million shares in 2016Q3. Also, the number of institutional investors holding Autozone Inc in their top 10 equity positions was flat from 17 to 17 for the same number . Sold All: 37 Reduced: 209 Increased: 145 New Position: 71.

Autozone, Inc. is a retailer and distributor of automotive replacement parts and accessories in the United States. The company has market cap of $14.46 billion. The Firm operates through the Auto Parts Locations segment. It has a 11.92 P/E ratio. The Auto Parts Locations segment is a retailer and distributor of automotive parts and accessories.

About 108,944 shares traded. AutoZone, Inc. (NYSE:AZO) has declined 10.95% since August 24, 2016 and is downtrending. It has underperformed by 27.65% the S&P500.

Analysts expect AutoZone, Inc. (NYSE:AZO) to report $15.22 EPS on September, 28.They anticipate $0.92 EPS change or 6.43 % from last quarter’s $14.3 EPS. AZO’s profit would be $426.69M giving it 8.47 P/E if the $15.22 EPS is correct. After having $11.44 EPS previously, AutoZone, Inc.’s analysts see 33.04 % EPS growth.

Petrus Trust Company Lta holds 6.44% of its portfolio in AutoZone, Inc. for 33,200 shares. Seatown Holdings Pte. Ltd. owns 34,324 shares or 6.24% of their US portfolio. Moreover, Td Capital Management Llc has 6.22% invested in the company for 25,697 shares. The Connecticut-based Chilton Investment Co Llc has invested 4.44% in the stock. Forester Capital Management Ltd, a Illinois-based fund reported 4,885 shares.#img1#

Since January 1, 0001, it had 0 insider purchases, and 4 insider sales for $20.52 million activity.

AutoZone, Inc. (NYSE:AZO) Ratings Coverage

Ratings analysis reveals 52% of Autozone Inc.’s analysts are positive. Out of 21 Wall Street analysts rating Autozone Inc., 11 give it “Buy”, 0 “Sell” rating, while 10 recommend “Hold”. The lowest target is $57700 while the high is $900. The stock’s average target of $728.57 is 41.21% above today’s ($515.95) share price. AZO was included in 47 notes of analysts from August 24, 2015. The firm has “Buy” rating by IBC given on Thursday, May 25. The stock of AutoZone, Inc. (NYSE:AZO) earned “Hold” rating by Jefferies on Wednesday, April 19. Oppenheimer maintained AutoZone, Inc. (NYSE:AZO) on Thursday, July 20 with “Buy” rating. As per Wednesday, May 24, the company rating was downgraded by Stephens. The firm has “Neutral” rating given on Friday, July 7 by Bank of America. The firm has “Hold” rating by Deutsche Bank given on Wednesday, September 23. The rating was maintained by RBC Capital Markets on Thursday, July 6 with “Hold”. The stock has “Outperform” rating by Oppenheimer on Monday, October 5. Deutsche Bank maintained AutoZone, Inc. (NYSE:AZO) rating on Wednesday, December 9. Deutsche Bank has “Hold” rating and $770 target. The rating was maintained by BTIG Research with “Buy” on Thursday, May 25.

More notable recent AutoZone, Inc. (NYSE:AZO) news were published by: Bizjournals.com which released: “AutoZone to celebrate retail milestone” on August 22, 2017, also Globenewswire.com with their article: “AutoZone to Release Fourth Quarter Earnings September 19, 2017” published on August 23, 2017, Nasdaq.com published: “Gates Capital Management, Inc. Buys AutoZone Inc, Snap-on Inc, Lamb Weston …” on August 14, 2017. More interesting news about AutoZone, Inc. (NYSE:AZO) were released by: Bizjournals.com and their article: “Meet the AutoZone exec now chairing Memphis in May” published on August 17, 2017 as well as Gurufocus.com‘s news article titled: “Gates Capital Management, Inc. Buys AutoZone Inc, Snap-on Inc, Lamb Weston …” with publication date: August 14, 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.