AutoZone found using ticker (AZO) have now 20 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 2850 and 1850 calculating the average target price we see 2634.2. Now with the previous closing price of 2443.55 this indicates there is a potential upside of 7.8%. The 50 day MA is 2436.02 and the 200 moving average now moves to 2244.47. The market cap for the company is $45,010m. You can visit the company’s website by visiting: https://www.autozone.com
The potential market cap would be $48,521m 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, 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, 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 automotive hard parts, maintenance items, accessories, and non-automotive products through autozone.com. As of August 27, 2022, it operated 6,168 stores in the United States; 703 stores in Mexico; and 72 stores in Brazil. The company was founded in 1979 and is based in Memphis, Tennessee.
