AutoZone FY2025 EPS Forecast Reduced by Zacks Research

AutoZone, Inc. (NYSE:AZO - Free Report) - Equities research analysts at Zacks Research lowered their FY2025 EPS estimates for shares of AutoZone in a report issued on Monday, June 9th. Zacks Research analyst R. Department now expects that the company will post earnings per share of $145.85 for the year, down from their prior forecast of $152.39. The consensus estimate for AutoZone's current full-year earnings is $152.94 per share. Zacks Research also issued estimates for AutoZone's Q4 2025 earnings at $49.68 EPS, Q2 2026 earnings at $31.58 EPS and Q3 2027 earnings at $43.17 EPS.

AZO has been the subject of several other reports. Wells Fargo & Company set a $4,200.00 target price on shares of AutoZone and gave the company an "overweight" rating in a research note on Monday, May 19th. Oppenheimer raised shares of AutoZone from a "market perform" rating to an "outperform" rating and set a $4,600.00 price target for the company in a report on Friday, May 2nd. Evercore ISI set a $3,950.00 price objective on shares of AutoZone in a report on Monday, May 19th. UBS Group increased their price target on AutoZone from $4,025.00 to $4,260.00 and gave the stock a "buy" rating in a research report on Friday, May 23rd. Finally, Mizuho increased their price target on AutoZone from $3,600.00 to $3,740.00 and gave the company an "outperform" rating in a research note on Wednesday, March 5th. Two equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and three have given a strong buy rating to the company. According to MarketBeat, AutoZone presently has an average rating of "Buy" and a consensus price target of $4,072.24.

AutoZone Price Performance

Shares of NYSE:AZO traded up $17.13 during trading on Thursday, reaching $3,675.72. 156,625 shares of the company's stock traded hands, compared to its average volume of 128,827. AutoZone has a 12 month low of $2,792.14 and a 12 month high of $3,916.81. The stock has a market capitalization of $61.69 billion, a P/E ratio of 24.56, a price-to-earnings-growth ratio of 1.86 and a beta of 0.40. The company has a 50 day moving average of $3,689.09 and a 200-day moving average of $3,499.76.

AutoZone (NYSE:AZO - Get Free Report) last posted its earnings results on Tuesday, May 27th. The company reported $35.36 earnings per share for the quarter, missing the consensus estimate of $37.07 by ($1.71). The business had revenue of $4.46 billion for the quarter, compared to analyst estimates of $4.41 billion. AutoZone had a net margin of 14.18% and a negative return on equity of 53.89%. The business's revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $36.69 EPS.

Insider Activity at AutoZone

In other news, Chairman William C. Rhodes III sold 27,500 shares of the stock in a transaction dated Tuesday, June 10th. The shares were sold at an average price of $3,708.93, for a total transaction of $101,995,575.00. Following the transaction, the chairman now owns 8,546 shares of the company's stock, valued at $31,696,515.78. This represents a 76.29% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Richard Craig Smith sold 2,850 shares of the company's stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $3,610.00, for a total transaction of $10,288,500.00. Following the completion of the sale, the vice president now owns 2,924 shares in the company, valued at $10,555,640. This represents a 49.36% decrease in their position. The disclosure for this sale can be found here. Insiders sold 39,762 shares of company stock worth $147,189,762 over the last three months. Company insiders own 2.10% of the company's stock.

Institutional Investors Weigh In On AutoZone

Several large investors have recently modified their holdings of the stock. Colonial Trust Co SC boosted its holdings in AutoZone by 24.5% in the 4th quarter. Colonial Trust Co SC now owns 61 shares of the company's stock worth $197,000 after buying an additional 12 shares during the period. Comerica Bank lifted its holdings in shares of AutoZone by 5.4% during the 4th quarter. Comerica Bank now owns 4,262 shares of the company's stock worth $13,647,000 after acquiring an additional 217 shares during the last quarter. Barclays PLC raised its position in AutoZone by 82.6% in the 4th quarter. Barclays PLC now owns 170,216 shares of the company's stock worth $545,033,000 after purchasing an additional 77,015 shares during the period. Envestnet Asset Management Inc. raised its position in AutoZone by 13.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 66,016 shares of the company's stock worth $211,383,000 after purchasing an additional 7,586 shares during the period. Finally, Russell Investments Group Ltd. increased its position in shares of AutoZone by 41.1% in the fourth quarter. Russell Investments Group Ltd. now owns 73,044 shares of the company's stock valued at $233,718,000 after acquiring an additional 21,266 shares during the period. Hedge funds and other institutional investors own 92.74% of the company's stock.

AutoZone Company Profile

AutoZone, Inc retails and distributes automotive replacement parts and accessories in the United States, Mexico, and Brazil. The company provides 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.