Auto Parts Stocks: Advance Auto Parts (NYSE:AAP), O’Reilly Automotive (NASDAQ:ORLY), AutoZone (NYSE:AZO), PBY

Advance Auto Parts (NYSE:AAP) announced its earnings results on Thursday. The company reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.16, Stock Ratings Network reports. The company had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.33 billion. During the same quarter in the previous year, the company posted $0.88 earnings per share. The company’s revenue for the quarter was up 6.0% on a year-over-year basis. Advance Auto Parts updated its FY14 guidance to $7.20-7.40 EPS. Advance Auto Parts, Inc. (NYSE:AAP) stock opened at $125.63 in last trading session, and closed at $125.00, trading in the range of $124.56 – $128.10. The stock showed a positive weekly performance of 8.88%.

Equities research analysts at Wedbush lifted their price target on shares of O’Reilly Automotive (NASDAQ:ORLY) from $140.00 to $160.00 in a research note issued to investors on Friday, American Banking News reports. Wedbush’s price objective indicates a potential upside of 9.05% from the company’s current price. O’Reilly Automotive Inc (NASDAQ:ORLY) shares closed at $149.20 on last trade day, by gaining 1.69%. Stock 52 week range is $97.76 – $149.99. Company’s market capitalization is $16.01 billion.

AutoZone (NYSE:AZO)‘s stock had its “positive” rating restated by investment analysts at Bank of America Corp. in a note issued to investors on Friday, American Banking News.com reports. AutoZone, Inc. (NYSE:AZO) stock advanced 3.33% and finished the last session at $534.40. The EPS of the stock remained 28.85. Company’s market capitalization is $18.01 billion.

The Pep Boys – Manny, Moe & Jack (NYSE:PBY) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a note issued to investors on Monday, AnalystRatingsNetwork.com reports. They currently have a $11.40 target price on the stock. Zacks‘ price objective would suggest a potential downside of 5.08% from the company’s current price. The Pep Boys – Manny, Moe & Jack (NYSE:PBY) stock opened at $11.96 in last trading session and closed at $12.15. The 52 week range of the stock is $10.21 – $14.07 and the day range was $11.83 – $12.18.