AutoZone found using ticker (AZO) have now 17 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 2500 and 1620 with the average target price sitting at 2160.41. Given that the stocks previous close was at 1945.3 this now indicates there is a potential upside of 11.1%. The 50 day MA is 1938.08 and the 200 moving average now moves to 1759.32. The market cap for the company is $38,991m. You can visit the company’s website by visiting: https://www.autozone.com
The potential market cap would be $43,302m based on the market concensus.
AutoZone retails and distributes automotive replacement parts and accessories. The company offers various products for cars, sport utility vehicles, vans, and light trucks, luding new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. Its products lude A/C compressors, batteries and accessories, bearings, belts and hoses, calipers, chassis, clutches, CV axles, engines, fuel pumps, fuses, ignition and lighting products, mufflers, radiators, starters and alternators, thermostats, and water pumps, as well as tire repairs. In addition, the company offers maintenance products, such as antifreeze and windshield washer fluids; brake drums, rotors, shoes, and pads; brake and power steering fluids, and oil and fuel additives; oil and transmission fluids; oil, cabin, air, fuel, and transmission filters; oxygen sensors; paints and accessories; refrigerants and accessories; shock absorbers and struts; spark plugs and wires; and windshield wipers. Further, it provides air fresheners, cell phone accessories, drinks and snacks, floor mats and seat covers, interior and exterior accessories, mirrors, performance products, protectants and cleaners, sealants and adhesives, steering wheel covers, stereos and radios, tools, and wash and wax products, as well as towing services. Additionally, the company provides a sales program that offers commercial credit and delivery of parts and other products; sells automotive diagnostic and repair software under the ALLDATA brand through alldata.com and alldatadiy.com; and automotive hard parts, maintenance items, accessories, and non-automotive products through autozone.com. As of November 20, 2021, it operated 6,066 stores in the United States; 666 stores in Mexico; and 53 stores in Brazil. The company was founded in 1979 and is based in Memphis, Tennessee.
