DA Davidson Estimates AutoZone's Q1 Earnings (NYSE:AZO)

Key Points

• DA Davidson has estimated that AutoZone will report earnings per share of $33.37 for Q1 2026, maintaining a "Buy" rating with a target price of $4,850.00.
• AutoZone recently reported $48.71 EPS for its last quarter, missing expectations by $1.81, while its revenue was $6.24 billion.
• Analyst ratings for AutoZone show strong support, with one Strong Buy, twenty-two Buy ratings, and a consensus target price averaging $4,538.21.

AutoZone, Inc. (NYSE:AZO - Free Report) - Research analysts at DA Davidson issued their Q1 2026 EPS estimates for shares of AutoZone in a report released on Wednesday, October 1st. DA Davidson analyst M. Baker expects that the company will post earnings per share of $33.37 for the quarter. DA Davidson currently has a "Buy" rating and a $4,850.00 price target on the stock. The consensus estimate for AutoZone's current full-year earnings is $152.94 per share. DA Davidson also issued estimates for AutoZone's FY2026 earnings at $174.26 EPS.

AutoZone (NYSE:AZO - Get Free Report) last issued its quarterly earnings results on Tuesday, September 23rd. The company reported $48.71 earnings per share for the quarter, missing analysts' consensus estimates of $50.52 by ($1.81). The business had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6.26 billion. AutoZone had a negative return on equity of 60.49% and a net margin of 13.19%.The firm's revenue for the quarter was up .6% on a year-over-year basis. During the same quarter in the prior year, the company earned $51.58 EPS.

A number of other analysts have also recently weighed in on the stock. The Goldman Sachs Group increased their price target on shares of AutoZone from $3,894.00 to $4,090.00 and gave the stock a "neutral" rating in a research note on Wednesday, September 24th. Guggenheim increased their price target on shares of AutoZone from $4,100.00 to $4,600.00 and gave the stock a "buy" rating in a research note on Wednesday, September 24th. JPMorgan Chase & Co. increased their price target on shares of AutoZone from $4,200.00 to $4,850.00 and gave the stock an "overweight" rating in a research note on Monday, September 15th. Wolfe Research assumed coverage on shares of AutoZone in a research note on Thursday, September 18th. They set an "outperform" rating and a $4,741.00 price target for the company. Finally, BNP Paribas Exane raised their target price on shares of AutoZone from $4,155.00 to $4,811.00 and gave the stock an "outperform" rating in a research note on Wednesday, September 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $4,538.21.

AutoZone Price Performance

Shares of NYSE:AZO opened at $4,244.71 on Thursday. The stock has a market cap of $71.23 billion, a P/E ratio of 29.30, a P/E/G ratio of 2.03 and a beta of 0.40. The firm has a fifty day moving average price of $4,109.81 and a 200 day moving average price of $3,832.21. AutoZone has a 1-year low of $2,980.10 and a 1-year high of $4,388.11.

Institutional Trading of AutoZone

Hedge funds and other institutional investors have recently made changes to their positions in the stock. AlphaCore Capital LLC acquired a new stake in shares of AutoZone in the first quarter valued at about $27,000. Saudi Central Bank acquired a new stake in shares of AutoZone in the first quarter valued at about $27,000. Aspect Partners LLC lifted its stake in shares of AutoZone by 700.0% in the second quarter. Aspect Partners LLC now owns 8 shares of the company's stock valued at $30,000 after purchasing an additional 7 shares during the period. Bank of Jackson Hole Trust acquired a new stake in shares of AutoZone in the second quarter valued at about $33,000. Finally, NewSquare Capital LLC lifted its stake in shares of AutoZone by 50.0% in the second quarter. NewSquare Capital LLC now owns 9 shares of the company's stock valued at $33,000 after purchasing an additional 3 shares during the period. Institutional investors and hedge funds own 92.74% of the company's stock.

Insider Buying and Selling at AutoZone

In other news, VP John Scott Murphy sold 2,860 shares of the firm's stock in a transaction on Wednesday, September 24th. The shares were sold at an average price of $4,175.70, for a total value of $11,942,502.00. Following the completion of the sale, the vice president owned 1,244 shares in the company, valued at approximately $5,194,570.80. This trade represents a 69.69% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Richard Craig Smith sold 3,000 shares of the firm's stock in a transaction dated Thursday, July 24th. The shares were sold at an average price of $3,875.90, for a total transaction of $11,627,700.00. Following the completion of the sale, the vice president owned 2,925 shares of the company's stock, valued at $11,337,007.50. This trade represents a 50.63% decrease in their position. The disclosure for this sale can be found here. 2.10% of the stock is currently owned by company insiders.

About AutoZone

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.

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