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Advance Auto Parts Earnings Preview
Tuesday, August 9, 2011 - 7:54am | 605Read More...Advance Auto Parts (NYSE: AAP) is scheduled to report second-quarter 2011 results Wednesday, August 10, after the markets close. While first-quarter earnings were disappointing, the company has a high gross margin and has opened 37 new stores, which should help boost the top line. Analysts are...
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Monro Muffler Brake and O'Reilly Automotive to Open Near 52-Week Highs
Wednesday, June 29, 2011 - 8:56am | 323Read More...Monro Muffler Brake (NASDAQ: MNRO) and O'Reilly Automotive (NASDAQ: ORLY) reached new 52-week highs of $36.77 and $65.11 per share, respectively, in yesterday's trading session. Monro Muffler Brake recently completed its acquisition of Vespia Tire Centers, and in May reported record quarterly and...
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Citi Maintains Hold on AutoZone
Friday, May 27, 2011 - 7:50am | 138Read More...Citi is out with its report today on AutoZone (NYSE: AZO), maintaining Hold. In a note to clients, Citi writes, "AutoZone appears to have side stepped some of issues that have weighed on competitors recently. We believe that as industry headwinds continue to mount, effective sales execution in...
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J.P. Morgan Comments On Impressive Quarter For AutoZone
Wednesday, May 25, 2011 - 8:45am | 121Read More...According to J.P. Morgan, AutoZone (NYSE: AZO) delivered a solid quarter with comps up 5.3% and solid margin expansion. J.P. Morgan said that this compares to recent same-store sales results from competitors AAP at 1.3% and ORLY at 5.7% and suggests AZO is gaining share as growth in the...
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UPDATE: Goldman Sachs Raises PT on AutoZone to $292
Wednesday, May 25, 2011 - 7:28am | 81Read More...Goldman Sachs is out with its report today on Autozone (NYSE: AZO), raising its PT from $262 to $292. In a note to clients, Goldman Sachs writes, "We base our 12-month price target on a blend of 75% EV/EBITDA and 25% DCF. We raise our price target to $292 from $262 on our higher estimates and cash...
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JP Morgan Raises PT On AutoZone To $265
Wednesday, May 25, 2011 - 6:48am | 26Read More...JP Morgan has raised the price target on AutoZone (NYSE: AZO) from $240 to $265 and maintains its Neutral rating.
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Goldman Sachs Raises PT On AutoZone To $292
Wednesday, May 25, 2011 - 6:09am | 26Read More...Goldman Sachs has raised the price target on AutoZone (NYSE: AZO) from $262 to $292 and maintains its Sell rating.
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ISI Maintains Hold on AutoZone
Tuesday, May 24, 2011 - 9:53am | 115Read More...ISI is out with its report today on AutoZone (NYSE: AZO), maintaining Hold. In a note to clients, ISI writes, "AZO continues to churn out strong free cash flow, and attack its share count. A 5.3% comp was stronger than anticipated and will likely take the stock higher. That said, comps have slowed...
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J.P. Morgan Comments On AutoZone 3Q11 Operating EPS
Tuesday, May 24, 2011 - 9:46am | 92Read More...According to J.P. Morgan, AutoZone (NYSE: AZO) reported 3Q11 operating EPS of $5.29 vs. consensus of $4.97 and $4.67E. J.P. Morgan said that total sales increased 8.6% to $1.97B with same-store sales of 5.3% vs. 0.0%E. “Gross margin expansion of 57 bps was slightly ahead of expectations on...
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Goldman Sachs Maintains Neutral on AutoZone
Tuesday, May 24, 2011 - 9:15am | 125Read More...Goldman Sachs is out with its report today on AutoZone (NYSE: AZO), maintaining Neutral. In a note to clients, Goldman Sachs writes, "Better retail sales momentum drove the earnings beat vs. GS and consensus. We continue to expect retail same-store sales to slow on higher gas and food prices. Our...
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Earnings Preview: AutoZone Still Running on All Cylinders
Monday, May 23, 2011 - 10:18am | 242Read More...AutoZone (NYSE: AZO) is scheduled to report fiscal third-quarter 2011 results before the opening bell on Tuesday, May 24. Analysts expect the specialty retailer to announce that earnings came to $4.99 per share. The consensus estimate was $4.85 per share 90 days ago, and per-share earnings came in...
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Earnings Highlights for the Week Ahead
Sunday, May 22, 2011 - 11:19am | 793Read More...This week, quarterly results are due from Campbell Soup (NYSE: CPB) and Polo Ralph Lauren (NYSE: RL), which are expected to report that earnings are lower than they were a year ago. From AutoZone (NYSE: AZO), Big Lots (NYSE: BIG), DSW (NYSE: DSW), H.J. Heinz (NYSE: HNZ), Hormel Foods (NYSE: HRL),...
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J.P. Morgan Maintains Neutral on AutoZone (AZO)
Thursday, March 3, 2011 - 9:55am | 101Read More...J.P. Morgan is out with its report today on AutoZone (NYSE: AZO), maintaining Neutral. In a note to clients, J.P. Morgan writes, "Maintain Neutral Rating, December 2011 PT of $240. While secular tailwinds remain strong and AZO is effectively growing its commercial business rapidly, we expect sales...
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Deutsche Bank Raises AutoZone PT To $250
Wednesday, December 8, 2010 - 9:53am | 65Read More...AutoZone, Inc. (NYSE: AZO) is increasing its FY11 and FY 12 estimates to $18.10 and $19.98 from $17.01 and $18.65. “We are raising our price target to $250,” Deutsche Bank writes. “Our new price target is based on 12x our revised CY12 EPS estimate, in line with AZO's long term average multiple and...
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New PT For AutoZone
Wednesday, September 22, 2010 - 10:27am | 41Read More...Wedbush has raised the price target for AutoZone (NYSE: AZO) from $200 to $228 and maintains its Neutral rating. Get free trades at tradeMONSTER!

