AutoZone (NYSE:AZO) posted its quarterly earnings results on Tuesday. The company reported $22.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $21.80 by $0.79, Fidelity Earnings reports. AutoZone had a negative return on equity of 98.67% and a net margin of 13.63%. The business had revenue of $3.99 billion for the quarter, compared to analyst estimates of $3.93 billion. During the same period last year, the company earned $18.54 EPS. AutoZone’s revenue for the quarter was up 12.1% compared to the same quarter last year.
NYSE AZO opened at $1,085.69 on Friday. AutoZone has a fifty-two week low of $705.01 and a fifty-two week high of $1,186.60. The stock has a 50 day simple moving average of $1,110.60 and a two-hundred day simple moving average of $1,075.06. The stock has a market cap of $26.90 billion, a P/E ratio of 17.12, a price-to-earnings-growth ratio of 1.37 and a beta of 0.65.
In other AutoZone news, Director Earl G. Graves, Jr. sold 500 shares of the stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $1,077.04, for a total value of $538,520.00. Following the completion of the sale, the director now owns 4,607 shares in the company, valued at approximately $4,961,923.28. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 2.80% of the company’s stock.
AutoZone, Inc retails and distributes automotive replacement parts and accessories. The company offers various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. Its products include A/C compressors, batteries and accessories, bearings, belts and hoses, calipers, carburetors, chassis, clutches, CV axles, engines, fuel pumps, fuses, ignition and lighting products, mufflers, radiators, starters and alternators, thermostats, and water pumps.
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