AZO - Shares of AutoZone Inc. (AZO) Exceed 52-Week High
Shares of AutoZone Inc. (NYSE:AZO) traded today at $1704.02, eclipsing its 52-week high. This new high was reached on below average trading volume as 73,000 shares traded hands, while the average 30-day volume is approximately 164,000 shares.
AutoZone is the premier seller of aftermarket automotive parts, tools, and accessories to do-it-yourself customers in the United States. The company derives an increasing proportion of its sales from domestic commercial customers, roughly three quarters in fiscal 2020, and has a growing presence in Mexico and Brazil. AutoZone had 6,549 stores in the U.S. (5,885), Mexico (621), and Brazil (43) as of the end of fiscal 2020.
In the past 52 weeks, AutoZone Inc. share prices are bracketed by a low of $1085.85 and a high of $1704.02 and is now at $1690.24, 56% above that low price.
Potential upside of 2.5% exists for AutoZone Inc., based on a current level of $1690.24 and analysts' average consensus price target of $1732.89.
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