AutoZone (AZO) October 3040 straddle priced into quarter results

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AutoZone (AZO) PT Raised to $3,300 at CFRA

September 24, 2024 9:13 AM EDT

CFRA analyst Garrett Nelson raised the price target on AutoZone (NYSE: AZO) to $3,300.00 (from $3,250.00) while maintaining a Buy rating.

The analyst comments "We raise our 12-month target by $50 to $3,300, based on a FY 26 (Aug.) P/E of 18.0x, a slight... More

AutoZone shares fall as Q4 earnings miss expectations

September 24, 2024 7:10 AM EDT

AutoZone (NYSE: AZO) reported fourth-quarter earnings that fell short of analyst estimates, sending shares down 2.7% in premarket trading.

The auto parts retailer posted adjusted earnings per share of $48.11 for the quarter ended August 31, missing the consensus estimate of $53.61. Revenue came in at $6.2 billion, slightly... More