Over a week ago |
Hot Stocks
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In a regulatory filing… In a regulatory filing last night, AutoZone disclosed that its CEO William Rhodes sold 5K shares of common stock on January 9th in a total transaction size of $12.2M. ShowHide Related Items >><< - $2,432.38 /
-0.435 (-0.02%) - 12/06/22
- AutoZone opened 28 new stores in the U.S in Q1
- 12/06/22
- AutoZone reports inventory up 17.6% y/y
- 11/14/22
- Tiger Global takes stakes in Visa, Mastercard, exits position in Flywire
- 10/11/22
- AutoZone CEO sells $33.0M in common stock
- $2,432.38 /
-0.435 (-0.02%) - 01/12/23 Wedbush
- Wedbush downgrades Advance Auto Parts to Neutral, cuts price target to $145
- 12/07/22 DA Davidson
- AutoZone price target raised to $2,360 from $1,950 at DA Davidson
- 12/07/22 MKM Partners
- AutoZone price target raised to $2,650 from $2,350 at MKM Partners
- 12/07/22 Evercore ISI
- AutoZone removed from 'Tactical Outperform' list at Evercore ISI
- $2,432.38 /
-0.435 (-0.02%) - 12/06/22
- AutoZone reports Q1 EPS $27.45, consensus $25.27
- 09/19/22
- AutoZone reports Q4 EPS $40.51, consensus $38.38
- $2,432.38 /
-0.435 (-0.02%) - 09/19/22
- What You Missed On Wall Street On Monday
- 09/19/22
- What You Missed On Wall Street This Morning
- 09/19/22
- Fly Intel: Pre-market Movers
- $2,432.38 /
-0.435 (-0.02%) - 09/20/22
- Early notable gainers among liquid option names on September 20th
- 09/16/22
- Early notable gainers among liquid option names on September 16th
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Downgrade
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As previously reported,… As previously reported, Wedbush analyst Seth Basham downgraded Advance Auto Parts (AAP) to Neutral from Outperform with a price target of $145, down from $165. While shares have sharply underperformed peers in the past six months, the analyst sees mounting risks to consensus expectations as the company embarks on price and inventory investments to improve market share performance and faces enormous LIFO charges. In conjunction with its Q3 results, Advance Auto Parts indicated that it concluded from a strategic review that it needed to invest in price and increase inventory availability in its Pro segment to stop losing market share. On the surface, this strategy does not align with the fact that company has lower gross margins and more inventory per location than peers, Basham says. Even considering that the company's Pro segment includes its Worldpac business that operates differently than peers, the analyst still notes that sales have grown in line with inventory since 2017 versus much stronger sales versus inventory growth performance for peers O'Reilly Auto (ORLY) and AutoZone (AZO). To that end, he is concerned that price and inventory investments may not provide adequate returns. ShowHide Related Items >><< - 01/06/23
- O'Reilly Automotive names Beckham, Kirby co-presidents
- 11/09/22
- O'Reilly Automotive director sells $9.2M in common stock
- 09/18/22
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- 08/03/22
- O'Reilly Automotive sees strong sales, company growth with early 2022 momentum
- $2,432.38 /
-0.435 (-0.02%) - 12/06/22
- AutoZone opened 28 new stores in the U.S in Q1
- 12/06/22
- AutoZone reports inventory up 17.6% y/y
- 11/14/22
- Tiger Global takes stakes in Visa, Mastercard, exits position in Flywire
- 10/11/22
- AutoZone CEO sells $33.0M in common stock
- 11/16/22
- Advance Auto Parts falls -17.0%
- 11/16/22
- Advance Auto Parts falls -14.6%
- 11/15/22
- Advance Auto Parts falls 10% after Q3 results miss estimates, FY22 EPS view cut
- 09/26/22
- Dollar Tree names Michael Creedon, Jr. as COO
- 01/12/23 Wedbush
- Advance Auto Parts downgraded to Neutral from Outperform at Wedbush
- 01/05/23 Wells Fargo
- Advance Auto Parts price target lowered to $150 from $180 at Wells Fargo
- 12/05/22 Argus
- Advance Auto Parts price target lowered to $185 from $220 at Argus
- 11/17/22 Morgan Stanley
- Advance Auto Parts price target lowered to $165 from $205 at Morgan Stanley
- 01/05/23 Wells Fargo
- O'Reilly Automotive price target raised to $925 from $850 at Wells Fargo
- 12/09/22 MKM Partners
- O'Reilly Automotive price target raised to $900 from $865 at MKM Partners
- 11/23/22 Citi
- O'Reilly Automotive price target raised to $855 from $770 at Citi
- $2,432.38 /
-0.435 (-0.02%) - 12/07/22 DA Davidson
- AutoZone price target raised to $2,360 from $1,950 at DA Davidson
- 12/07/22 MKM Partners
- AutoZone price target raised to $2,650 from $2,350 at MKM Partners
- 12/07/22 Evercore ISI
- AutoZone removed from 'Tactical Outperform' list at Evercore ISI
- 12/07/22 Citi
- AutoZone price target raised to $2,782 from $2,520 at Citi
- 10/26/22
- O'Reilly Automotive sees FY22 EPS $32.35-$32.85, consensus $31.87
- 10/26/22
- O'Reilly Automotive reports Q3 EPS $9.17, consensus $8.51
- 10/26/22
- Notable companies reporting after market close
- 07/27/22
- O'Reilly Automotive sees FY22 EPS $31.25-$31.75, consensus $32.92
- $2,432.38 /
-0.435 (-0.02%) - 12/06/22
- AutoZone reports Q1 EPS $27.45, consensus $25.27
- 09/19/22
- AutoZone reports Q4 EPS $40.51, consensus $38.38
- 11/15/22
- Advance Auto Parts cuts FY22 EPS view to $12.60-$12.80 from $12.75-$13.25
- 11/15/22
- Advance Auto Parts reports Q3 adjusted EPS $2.84, consensus $3.34
- 11/15/22
- Notable companies reporting after market close
- 08/23/22
- Advance Auto Parts sees FY22 adjusted EPS $12.75-$13.25, consensus $13.60
- 09/17/22
- IBM, CVS among cheap stocks not deserving to be in bargain bin, Barron's says
- 10/26/22
- Fly Intel: After-Hours Movers
- 07/27/22
- Fly Intel: After-Hours Movers
- $2,432.38 /
-0.435 (-0.02%) - 09/19/22
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- 09/19/22
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- 09/19/22
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- 11/16/22
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- 11/16/22
- What You Missed On Wall Street This Morning
- 11/16/22
- Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations
- 11/16/22
- Fly Intel: Pre-market Movers
- 12/19/22
- Early notable gainers among liquid option names on December 19th
- 10/27/22
- Early notable gainers among liquid option names on October 27th
- $2,432.38 /
-0.435 (-0.02%) - 09/20/22
- Early notable gainers among liquid option names on September 20th
- 09/16/22
- Early notable gainers among liquid option names on September 16th
- 11/15/22
- Advance Auto Parts options imply 6.1% move in share price post-earnings
- 10/11/22
- Early notable gainers among liquid option names on October 11th
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Over a month ago |
Recommendations
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DA Davidson analyst… DA Davidson analyst Michael Baker raised the firm's price target on AutoZone to $2,360 from $1,950 but keeps a Neutral rating on the shares after its Q1 earnings beat. The company saw improving trends in their retail business along with double digit growth in commercial, which slowed but continues to show strong share gains, the analyst tells investors in a research note. Baker adds however that operating profits were down year over year, which led to a bit of a pause in the stock after strong year to date outperformance. ShowHide Related Items >><< - $2,453.60 /
-76.07 (-3.01%) - 12/06/22
- AutoZone opened 28 new stores in the U.S in Q1
- 12/06/22
- AutoZone reports inventory up 17.6% y/y
- 11/14/22
- Tiger Global takes stakes in Visa, Mastercard, exits position in Flywire
- 10/11/22
- AutoZone CEO sells $33.0M in common stock
- $2,453.60 /
-76.07 (-3.01%) - 12/07/22 MKM Partners
- AutoZone price target raised to $2,650 from $2,350 at MKM Partners
- 12/07/22 Evercore ISI
- AutoZone removed from 'Tactical Outperform' list at Evercore ISI
- 12/07/22 Citi
- AutoZone price target raised to $2,782 from $2,520 at Citi
- 12/07/22 UBS
- AutoZone price target raised to $2,540 from $2,260 at UBS
- $2,453.60 /
-76.07 (-3.01%) - 12/06/22
- AutoZone reports Q1 EPS $27.45, consensus $25.27
- 09/19/22
- AutoZone reports Q4 EPS $40.51, consensus $38.38
- $2,453.60 /
-76.07 (-3.01%) - 07/02/22
- AutoZone, O'Reilly among good buys in auto parts space, Barron's says
- 06/11/22
- Costco, Home Depot worth a look, Barron's says
- $2,453.60 /
-76.07 (-3.01%) - 09/19/22
- What You Missed On Wall Street On Monday
- 09/19/22
- What You Missed On Wall Street This Morning
- 09/19/22
- Fly Intel: Pre-market Movers
- 06/27/22
- What You Missed On Wall Street On Monday
- $2,453.60 /
-76.07 (-3.01%) - 09/20/22
- Early notable gainers among liquid option names on September 20th
- 09/16/22
- Early notable gainers among liquid option names on September 16th
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Recommendations
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MKM Partners analyst… MKM Partners analyst David Bellinger raised the firm's price target on AutoZone to $2,650 from $2,350 and keeps a Buy rating on the shares. The 3% stock price decline after the company's Q1 earnings beat was a "sell the news" event, with shares significantly outperforming year-to-date, the analyst tells investors in a research note. Bellinger continues to see consistent comp sales gains through the balance of the year for AutoZone as DIY segment trends have firmed up, along with the potential for gross margins to rebound in the back half now that elevated freight/LIFO charges seem to be fading off. ShowHide Related Items >><< - $2,453.60 /
-76.07 (-3.01%) - 12/06/22
- AutoZone opened 28 new stores in the U.S in Q1
- 12/06/22
- AutoZone reports inventory up 17.6% y/y
- 11/14/22
- Tiger Global takes stakes in Visa, Mastercard, exits position in Flywire
- 10/11/22
- AutoZone CEO sells $33.0M in common stock
- $2,453.60 /
-76.07 (-3.01%) - 12/07/22 Evercore ISI
- AutoZone removed from 'Tactical Outperform' list at Evercore ISI
- 12/07/22 Citi
- AutoZone price target raised to $2,782 from $2,520 at Citi
- 12/07/22 UBS
- AutoZone price target raised to $2,540 from $2,260 at UBS
- 12/01/22 Truist
- AutoZone price target raised to $2,792 from $2,533 at Truist
- $2,453.60 /
-76.07 (-3.01%) - 12/06/22
- AutoZone reports Q1 EPS $27.45, consensus $25.27
- 09/19/22
- AutoZone reports Q4 EPS $40.51, consensus $38.38
- $2,453.60 /
-76.07 (-3.01%) - 07/02/22
- AutoZone, O'Reilly among good buys in auto parts space, Barron's says
- 06/11/22
- Costco, Home Depot worth a look, Barron's says
- $2,453.60 /
-76.07 (-3.01%) - 09/19/22
- What You Missed On Wall Street On Monday
- 09/19/22
- What You Missed On Wall Street This Morning
- 09/19/22
- Fly Intel: Pre-market Movers
- 06/27/22
- What You Missed On Wall Street On Monday
- $2,453.60 /
-76.07 (-3.01%) - 09/20/22
- Early notable gainers among liquid option names on September 20th
- 09/16/22
- Early notable gainers among liquid option names on September 16th
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Recommendations
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Evercore ISI analyst Greg… Evercore ISI analyst Greg Melich is removing AutoZone from the firm's "Tactical Outperform" list, noting that the stock is up 1% since he put on the call on November 10 versus the S&P being flat and the SP Retail Index being up 1%. Melich has an In Line rating on AutoZone with a $2,440 price target, down from a prior $2,520. The lower target reflects "the reality that even" AutoZone do-it-for-me business "can't escape the law of large numbers, with growth moderating to LDD-Mid-teens vs. the prior 20%+ run-rate," Melich stated. ShowHide Related Items >><< - $2,453.60 /
-76.07 (-3.01%) - 12/06/22
- AutoZone opened 28 new stores in the U.S in Q1
- 12/06/22
- AutoZone reports inventory up 17.6% y/y
- 11/14/22
- Tiger Global takes stakes in Visa, Mastercard, exits position in Flywire
- 10/11/22
- AutoZone CEO sells $33.0M in common stock
- $2,453.60 /
-76.07 (-3.01%) - 12/07/22 Citi
- AutoZone price target raised to $2,782 from $2,520 at Citi
- 12/07/22 UBS
- AutoZone price target raised to $2,540 from $2,260 at UBS
- 12/01/22 Truist
- AutoZone price target raised to $2,792 from $2,533 at Truist
- 11/29/22 Wells Fargo
- AutoZone price target raised to $2,850 from $2,450 at Wells Fargo
- $2,453.60 /
-76.07 (-3.01%) - 12/06/22
- AutoZone reports Q1 EPS $27.45, consensus $25.27
- 09/19/22
- AutoZone reports Q4 EPS $40.51, consensus $38.38
- $2,453.60 /
-76.07 (-3.01%) - 07/02/22
- AutoZone, O'Reilly among good buys in auto parts space, Barron's says
- 06/11/22
- Costco, Home Depot worth a look, Barron's says
- $2,453.60 /
-76.07 (-3.01%) - 09/19/22
- What You Missed On Wall Street On Monday
- 09/19/22
- What You Missed On Wall Street This Morning
- 09/19/22
- Fly Intel: Pre-market Movers
- 06/27/22
- What You Missed On Wall Street On Monday
- $2,453.60 /
-76.07 (-3.01%) - 09/20/22
- Early notable gainers among liquid option names on September 20th
- 09/16/22
- Early notable gainers among liquid option names on September 16th
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Recommendations
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Citi analyst Steven… Citi analyst Steven Zaccone raised the firm's price target on AutoZone to $2,782 from $2,520 and keeps a Buy rating on the shares. The analyst came away more positive on AutoZone post the Q3 earnings report. The business is seeing steady momentum and the LIFO headwind is proving to be less severe than initial guidance, Zaccone tells investors in a research note. The analyst likes the shares at current levels. ShowHide Related Items >><< - $2,453.60 /
-76.07 (-3.01%) - 12/06/22
- AutoZone opened 28 new stores in the U.S in Q1
- 12/06/22
- AutoZone reports inventory up 17.6% y/y
- 11/14/22
- Tiger Global takes stakes in Visa, Mastercard, exits position in Flywire
- 10/11/22
- AutoZone CEO sells $33.0M in common stock
- $2,453.60 /
-76.07 (-3.01%) - 12/07/22 UBS
- AutoZone price target raised to $2,540 from $2,260 at UBS
- 12/01/22 Truist
- AutoZone price target raised to $2,792 from $2,533 at Truist
- 11/29/22 Wells Fargo
- AutoZone price target raised to $2,850 from $2,450 at Wells Fargo
- 11/28/22 Wedbush
- AutoZone price target raised to $2,600 from $2,350 at Wedbush
- $2,453.60 /
-76.07 (-3.01%) - 12/06/22
- AutoZone reports Q1 EPS $27.45, consensus $25.27
- 09/19/22
- AutoZone reports Q4 EPS $40.51, consensus $38.38
- $2,453.60 /
-76.07 (-3.01%) - 07/02/22
- AutoZone, O'Reilly among good buys in auto parts space, Barron's says
- 06/11/22
- Costco, Home Depot worth a look, Barron's says
- $2,453.60 /
-76.07 (-3.01%) - 09/19/22
- What You Missed On Wall Street On Monday
- 09/19/22
- What You Missed On Wall Street This Morning
- 09/19/22
- Fly Intel: Pre-market Movers
- 06/27/22
- What You Missed On Wall Street On Monday
- $2,453.60 /
-76.07 (-3.01%) - 09/20/22
- Early notable gainers among liquid option names on September 20th
- 09/16/22
- Early notable gainers among liquid option names on September 16th
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Recommendations
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UBS analyst Michael… UBS analyst Michael Lasser raised the firm's price target on AutoZone to $2,540 from $2,260 but keeps a Neutral rating on the shares. The company's Q1 earnings beat showed "resiliency of business" and reflect a retailer that is "as reliable as one might find in the sector", the analyst tells investors in a research note. Lasser adds that in the DIFM segment, AutoZone's growth was below 20% for the first time in six quarters, though it accelerated about 90bps sequentially on a 3-year CAGR to 18.5%. The analyst notes however that the stock will still offer a "better entry point" in keeping a neutral stance. ShowHide Related Items >><< - $2,453.60 /
-76.07 (-3.01%) - 12/06/22
- AutoZone opened 28 new stores in the U.S in Q1
- 12/06/22
- AutoZone reports inventory up 17.6% y/y
- 11/14/22
- Tiger Global takes stakes in Visa, Mastercard, exits position in Flywire
- 10/11/22
- AutoZone CEO sells $33.0M in common stock
- $2,453.60 /
-76.07 (-3.01%) - 12/01/22 Truist
- AutoZone price target raised to $2,792 from $2,533 at Truist
- 11/29/22 Wells Fargo
- AutoZone price target raised to $2,850 from $2,450 at Wells Fargo
- 11/28/22 Wedbush
- AutoZone price target raised to $2,600 from $2,350 at Wedbush
- 11/17/22 Morgan Stanley
- Advance Auto Parts price target lowered to $165 from $205 at Morgan Stanley
- $2,453.60 /
-76.07 (-3.01%) - 12/06/22
- AutoZone reports Q1 EPS $27.45, consensus $25.27
- 09/19/22
- AutoZone reports Q4 EPS $40.51, consensus $38.38
- $2,453.60 /
-76.07 (-3.01%) - 07/02/22
- AutoZone, O'Reilly among good buys in auto parts space, Barron's says
- 06/11/22
- Costco, Home Depot worth a look, Barron's says
- $2,453.60 /
-76.07 (-3.01%) - 09/19/22
- What You Missed On Wall Street On Monday
- 09/19/22
- What You Missed On Wall Street This Morning
- 09/19/22
- Fly Intel: Pre-market Movers
- 06/27/22
- What You Missed On Wall Street On Monday
- $2,453.60 /
-76.07 (-3.01%) - 09/20/22
- Early notable gainers among liquid option names on September 20th
- 09/16/22
- Early notable gainers among liquid option names on September 16th
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Hot Stocks
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During the quarter ended… During the quarter ended November 19, 2022, AutoZone opened 28 new stores in the U.S., opened three stores in Mexico and four stores in Brazil. As of November 19, 2022, the company had 6,196 stores in the U.S., 706 in Mexico and 76 in Brazil for a total store count of 6,978. ShowHide Related Items >><< - $2,533.33 /
-37.97 (-1.48%) - 12/06/22
- AutoZone reports inventory up 17.6% y/y
- 11/14/22
- Tiger Global takes stakes in Visa, Mastercard, exits position in Flywire
- 10/11/22
- AutoZone CEO sells $33.0M in common stock
- 10/04/22
- AutoZone announces additional stock repurchase authorization of $2.5B
- $2,533.33 /
-37.97 (-1.48%) - 12/01/22 Truist
- AutoZone price target raised to $2,792 from $2,533 at Truist
- 11/29/22 Wells Fargo
- AutoZone price target raised to $2,850 from $2,450 at Wells Fargo
- 11/28/22 Wedbush
- AutoZone price target raised to $2,600 from $2,350 at Wedbush
- 11/17/22 Morgan Stanley
- Advance Auto Parts price target lowered to $165 from $205 at Morgan Stanley
- $2,533.33 /
-37.97 (-1.48%) - 12/06/22
- AutoZone reports Q1 EPS $27.45, consensus $25.27
- 09/19/22
- AutoZone reports Q4 EPS $40.51, consensus $38.38
- $2,533.33 /
-37.97 (-1.48%) - 07/02/22
- AutoZone, O'Reilly among good buys in auto parts space, Barron's says
- 06/11/22
- Costco, Home Depot worth a look, Barron's says
- $2,533.33 /
-37.97 (-1.48%) - 09/19/22
- What You Missed On Wall Street On Monday
- 09/19/22
- What You Missed On Wall Street This Morning
- 09/19/22
- Fly Intel: Pre-market Movers
- 06/27/22
- What You Missed On Wall Street On Monday
- $2,533.33 /
-37.97 (-1.48%) - 09/20/22
- Early notable gainers among liquid option names on September 20th
- 09/16/22
- Early notable gainers among liquid option names on September 16th
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Hot Stocks
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The company's… The company's inventory increased 17.6% over the same period last year, driven by inflation and growth initiatives. Net inventory, defined as merchandise inventories less accounts payable, on a per store basis, was negative $249 thousand versus negative $207 thousand last year and negative $240 thousand last quarter. ShowHide Related Items >><< - $2,533.33 /
-37.97 (-1.48%) - 11/14/22
- Tiger Global takes stakes in Visa, Mastercard, exits position in Flywire
- 10/11/22
- AutoZone CEO sells $33.0M in common stock
- 10/04/22
- AutoZone announces additional stock repurchase authorization of $2.5B
- 09/19/22
- AutoZone sees up to $100M in LIFO charges in Q1 and Q2
- $2,533.33 /
-37.97 (-1.48%) - 12/01/22 Truist
- AutoZone price target raised to $2,792 from $2,533 at Truist
- 11/29/22 Wells Fargo
- AutoZone price target raised to $2,850 from $2,450 at Wells Fargo
- 11/28/22 Wedbush
- AutoZone price target raised to $2,600 from $2,350 at Wedbush
- 11/17/22 Morgan Stanley
- Advance Auto Parts price target lowered to $165 from $205 at Morgan Stanley
- $2,533.33 /
-37.97 (-1.48%) - 12/06/22
- AutoZone reports Q1 EPS $27.45, consensus $25.27
- 09/19/22
- AutoZone reports Q4 EPS $40.51, consensus $38.38
- $2,533.33 /
-37.97 (-1.48%) - 07/02/22
- AutoZone, O'Reilly among good buys in auto parts space, Barron's says
- 06/11/22
- Costco, Home Depot worth a look, Barron's says
- $2,533.33 /
-37.97 (-1.48%) - 09/19/22
- What You Missed On Wall Street On Monday
- 09/19/22
- What You Missed On Wall Street This Morning
- 09/19/22
- Fly Intel: Pre-market Movers
- 06/27/22
- What You Missed On Wall Street On Monday
- $2,533.33 /
-37.97 (-1.48%) - 09/20/22
- Early notable gainers among liquid option names on September 20th
- 09/16/22
- Early notable gainers among liquid option names on September 16th
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