Pre-Market Technical Scan on Services Equities -- O'Reilly Automotive, AutoZone, Advance Auto Parts, and Magna
NEW YORK, December 11, 2017 /PRNewswire/ --
In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on ORLY, AZO, AAP, and MGA which is a click away at http://www.wallstequities.com/registration. For today, WallStEquities.com covers the Services sector, which is involved in the provision of services to businesses as well as final consumers. Such services include accounting, tradesmanship, computer services, restaurants, and tourism, among others. Equities under review this morning are: O'Reilly Automotive Inc. (NASDAQ: ORLY), AutoZone Inc. (NYSE: AZO), Advance Auto Parts Inc. (NYSE: AAP), and Magna International Inc. (NYSE: MGA). Get you free stock reports on these stock by registering now on Wall St. Equities at: http://www.wallstequities.com/registration
O'Reilly Automotive
Last Friday, Springfield, Missouri headquartered O'Reilly Automotive Inc.'s stock climbed 2.54%, to close the day at $251.07. A total volume of 609,387 shares was traded. The Company's shares have advanced 19.76% in the last month and 27.83% in the previous three months. The stock is trading 15.78% above its 50-day moving average and 10.68% above its 200-day moving average. Additionally, shares of O'Reilly Automotive, which together with its subsidiaries, engages in the retail of automotive aftermarket parts, tools, supplies, equipment, and accessories in the US, have a Relative Strength Index (RSI) of 73.94.
On November 13th, 2017, O'Reilly Automotive announced the addition of Greg L. Henslee and Dana Perlman to its Board of Directors, bringing the total number of Board members to 11, with six members designated as independent directors under the Nasdaq Stock Market rules. Mr. Henslee has served as the Company's CEO since 2005. Ms. Perlman has served as Senior Vice President, Treasurer, Business Development and Investor Relations of PVH Corp. since 2011.
On December 04th, 2017, research firm MoffettNathanson initiated a 'Buy' rating on the Company's stock. Get started with a complimentary subscription and access to the free report on ORLY at: http://www.wallstequities.com/registration/?symbol=ORLY
AutoZone
Shares in Memphis, Tennessee-based AutoZone Inc. climbed 2.78%, finishing Friday's session at $721.89. The stock recorded a trading volume of 541,588 shares, which was above its three months average volume of 490,360 shares. The Company's shares have gained 21.12% in the last month and 33.60% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 17.08% and 17.32%, respectively. Furthermore, shares of AutoZone, which retails and distributes automotive replacement parts and accessories, have an RSI of 76.52.
On November 14th, 2017, AutoZone announced that it will hold its Annual Meeting of Stockholders on December 20th, 2017, at the J.R. Hyde III Store Support Center in Memphis, Tennessee. The meeting will begin at 9:00 a.m. EST. The event will be webcast and can be accessed, along with supporting slides, on the Company's website.
On December 06th, 2017, research firm Guggenheim downgraded the Company's stock rating from 'Buy' to 'Neutral'. Free research on AZO can be accessed at: http://www.wallstequities.com/registration/?symbol=AZO
Advance Auto Parts
Roanoke, Virginia headquartered Advance Auto Parts Inc.'s stock finished 2.77% higher at $100.31 last Friday at the close. A total volume of 917,369 shares was traded. The Company's shares have advanced 26.32% in the past month and 6.26% in the previous three months. The stock is trading above its 50-day moving average by 11.89%. Additionally, shares of the Company have an RSI of 61.72.
On November 14th, 2017, Advance Auto Parts announced its financial results for Q3 ended October 07th, 2017. Total net sales for the quarter were $2.18 billion; gross profit margin decreased to $947.7 million; and SG&A expenses were $791.1 million. Operating income for Q3 2017 was $156.6 million, and operating cash flow decreased to $401.0 million.
On December 04th, 2017, research firm MoffettNathanson initiated a 'Neutral' rating on the Company's stock. Visit WallStEquities.com now and sign up for the free research on AAP at: http://www.wallstequities.com/registration/?symbol=AAP
Magna International
Aurora, Canada headquartered Magna International Inc.'s shares ended the session 0.92% higher at $56.16. The stock recorded a trading volume of 679,952 shares. Shares of the Company have advanced 5.17% in the last month, 14.94% over the previous three months, and 29.40% on an YTD basis. The stock is trading 3.25% above its 50-day moving average and 17.88% above its 200-day moving average. Moreover, shares of Magna International have an RSI of 62.01.
On December 06th, 2017, Magna International ("MGA") announced the completion of the first of two share repurchase programs (the "Program"). The Program was commenced pursuant to an issuer bid exemption order issued to the Company by the Ontario Securities Commission on November 21st, 2017. MGA repurchased a total of 1,472,000 Common Shares under the Program directly from a third party, for an aggregate purchase price of $101.2 million. All Common Shares acquired under the Program were canceled. The free technical report on MGA is available at: http://www.wallstequities.com/registration/?symbol=MGA
--
Wall St. Equities:
Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
WSE has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit https://wallstequities.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: 21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Wall St. Equities
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article