AutoZone (AZO) Issues Earnings Results, Beats Estimates By $0.10 EPS

Marco Green
December 6, 2017

Marathon Asset Management Llp sold 9,570 shares as Autozone Inc (AZO)'s stock declined 9.10%. Cetera Investment Advisers now owns 730 shares of the company's stock valued at $417,000 after purchasing an additional 8 shares in the last quarter. Jefferies maintained AutoZone, Inc.

WARNING: "AutoZone, Inc. (NYSE:AZO) Stake Lessened by CIBC Asset Management Inc" was first reported by TrueBlueTribune and is the sole property of of TrueBlueTribune. About 852,483 shares traded or 79.60% up from the average. AutoZone, Inc. (NYSE:AZO) has declined 10.95% since December 4, 2016 and is downtrending.

RE/MAX Holdings Incorporated (NYSE:RMAX) had a decrease of 1.21% in short interest. Corporate insiders own 2.80% of the company's stock. About 81,306 shares traded. It is up 3.29% since December 5, 2016 and is uptrending. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company's stock. Autozone Inc. had 62 analyst reports since August 24, 2015 according to SRatingsIntel. (NYSE:AZO) has "Equal-Weight" rating given on Wednesday, May 24 by Stephens. The rating was initiated by Gabelli on Friday, April 15 with "Buy". The company has market cap of $20.02 billion. The firm offers its real estate franchise services under the RE/MAX brand name; and mortgage brokerage services under the Motto Mortgage brand. It has a 25.11 P/E ratio.

Investors sentiment increased to 1.19 in Q2 2017. Its down 0.02, from 0.87 in 2017Q1. Capstone Asset Management invested in 0.04% or 2,315 shares. Barclays Public Limited holds 83,207 shares.

More notable recent AutoZone, Inc. (NYSE:RMAX) for 13,713 shares. If you are viewing this news story on another site, it was illegally copied and reposted in violation of United States & worldwide copyright legislation. The stock had a trading volume of 265,471 shares. (NYSE:RMAX) for 17,601 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has 0.03% invested in AutoZone, Inc. (NYSE:AZO) or 3,443 shares. Ftb Advsr owns 300 shares. Bahl & Gaynor stated it has 0.02% of its portfolio in RE/MAX Holdings, Inc. (NYSE:AZO) for 6,716 shares. CIBC Asset Management Inc's holdings in AutoZone were worth $2,355,000 at the end of the most recent reporting period.

TRADEMARK VIOLATION NOTICE: "AutoZone (NYSE:AZO) Stock Rating Lowered by Zacks Investment Research" was first reported by StockNewsTimes and is the property of of StockNewsTimes. Therefore 55% are positive. Oppenheimer maintained it with "Buy" rating and $61000 target in Thursday, July 20 report. The rating was maintained by Deutsche Bank on Wednesday, September 23 with "Hold". Credit Suisse Group restated a buy rating and set a $583.00 target price on shares of AutoZone in a research note on Wednesday, September 20th. The rating was maintained by IBC with "Buy" on Thursday, May 25. The rating was upgraded by UBS to "Buy" on Monday, September 12. RBC Capital Markets maintained AutoZone, Inc. (NYSE:AZO) on Tuesday, February 16 to "Outperform" rating. Morgan Stanley downgraded AutoZone, Inc. (NYSE:AZO) earned "Hold" rating by RBC Capital Markets on Friday, September 8.

Investors sentiment decreased to 0.85 in Q2 2017. Its down 0.02, from 0.87 in 2017Q1. These holdings make up 59.51% of the company's outstanding shares. 70 funds opened positions while 147 raised stakes. Alliancebernstein Lp accumulated 0.03% or 76,744 shares. 27,997 are held by Marathon Asset Ltd Liability Partnership. Highland Cap Limited has 426 shares. 747 are held by Commonwealth Equity. Family Firm Inc., a Maryland-based fund reported 61,485 shares. AutoZone, Inc. The company has a current ratio of 0.97, a quick ratio of 0.15 and a debt-to-equity ratio of -3.56. California-based California State Teachers Retirement has invested 0.06% in AutoZone, Inc. State Treasurer State Of Michigan reported 0.04% of its portfolio in AutoZone, Inc. It also upped Goldman Sachs Group Inc Com (NYSE:GS) stake by 1,982 shares and now owns 7,525 shares. Commonwealth Savings Bank Of Aus holds 0% or 117 shares. Strs Ohio raised its stake in shares of AutoZone by 7.0% in the 2nd quarter. Ls Investment Advsrs Ltd Liability Company accumulated 1,738 shares. The shares were sold at an average price of $584.96, for a total value of $1,754,880.00. (NYSE:BKD) was reduced too.

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