AutoZone (NYSE:AZO) is set to give its latest quarterly earnings report on Monday, 2022-09-19. Here's what investors need to know before the announcement.
Analysts estimate that AutoZone will report an earnings per share (EPS) of $38.38.
Over the past 3 months, 5 analysts have published their opinion on AutoZone (NYSE:AZO) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
Wells Fargo has decided to maintain its Overweight rating of AutoZone (NYSE:AZO) and raise its price target from $2350.00 to $2450.00.
Shares of AutoZone are trading up 0.35% over the last 24 hours, at $2201.00 per share.
A move to $2450.00 would account for a 11.31% increase from the current share price.
AutoZone (NYSE:AZO) has outperformed the market over the past 20 years by 10.92% on an annualized basis producing an average annual return of 18.62%. Currently, AutoZone has a market capitalization of $44.26 billion.
AutoZone's (NYSE:AZO) short percent of float has fallen 6.81% since its last report. The company recently reported that it has 424 thousand shares sold short, which is 2.19% of all regular shares that are available for trading.
AutoZone (NYSE:AZO) has outperformed the market over the past 5 years by 24.29% on an annualized basis producing an average annual return of 33.66%. Currently, AutoZone has a market capitalization of $42.12 billion.
A whale with a lot of money to spend has taken a noticeably bearish stance on AutoZone.
Looking at options history for AutoZone (NYSE:AZO) we detected 10 strange trades.