Q1 Earnings Estimate for AutoZone Issued By Roth Capital

Key Points

• Roth Capital has projected AutoZone's Q1 2027 earnings at $41.00 per share, maintaining a "Buy" rating with a target price of $4,750.00.
• In the most recent quarterly report, AutoZone missed earnings expectations, reporting $48.71 EPS, below the consensus estimate of $50.52 EPS.
• Analysts' ratings for AutoZone vary, with notable adjustments from firms like UBS and JPMorgan, reflecting an overall consensus rating of "Buy" and a target price average of $4,538.21.

AutoZone, Inc. (NYSE:AZO - Free Report) - Equities researchers at Roth Capital issued their Q1 2027 earnings per share (EPS) estimates for shares of AutoZone in a note issued to investors on Thursday, September 25th. Roth Capital analyst S. Stember expects that the company will earn $41.00 per share for the quarter. Roth Capital currently has a "Buy" rating and a $4,750.00 target price on the stock. The consensus estimate for AutoZone's current full-year earnings is $152.94 per share. Roth Capital also issued estimates for AutoZone's Q2 2027 earnings at $37.26 EPS and Q4 2027 earnings at $64.40 EPS.

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

Several other analysts also recently weighed in on AZO. UBS Group cut their price objective on shares of AutoZone from $4,925.00 to $4,800.00 and set a "buy" rating on the stock in a research report on Wednesday. JPMorgan Chase & Co. raised their price target on shares of AutoZone from $4,200.00 to $4,850.00 and gave the company an "overweight" rating in a research note on Monday, September 15th. The Goldman Sachs Group lifted their price target on AutoZone from $3,894.00 to $4,090.00 and gave the company a "neutral" rating in a report on Wednesday. Barclays increased their price objective on AutoZone from $3,916.00 to $4,610.00 and gave the stock an "overweight" rating in a report on Thursday, September 11th. Finally, BNP Paribas Exane lifted their target price on AutoZone from $4,155.00 to $4,811.00 and gave the company an "outperform" rating in a research note on Wednesday. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $4,538.21.

AutoZone Stock Performance

Shares of AZO opened at $4,131.49 on Friday. AutoZone has a 1 year low of $2,980.10 and a 1 year high of $4,388.11. The company has a market cap of $69.33 billion, a price-to-earnings ratio of 28.52, a price-to-earnings-growth ratio of 2.31 and a beta of 0.41. The firm has a fifty day moving average of $4,069.65 and a 200-day moving average of $3,812.91.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. AlphaCore Capital LLC bought a new stake in shares of AutoZone during the 1st quarter worth $27,000. Saudi Central Bank purchased a new stake in shares of AutoZone during the first quarter valued at $27,000. Aspect Partners LLC boosted its position in shares of AutoZone by 700.0% in the 2nd 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 purchased a new position in AutoZone in the 2nd quarter worth about $33,000. Finally, NewSquare Capital LLC raised its holdings in AutoZone by 50.0% during the 2nd quarter. NewSquare Capital LLC now owns 9 shares of the company's stock worth $33,000 after buying an additional 3 shares during the period. Institutional investors own 92.74% of the company's stock.

Insider Activity at AutoZone

In related news, VP Richard Craig Smith sold 3,000 shares of the stock in a transaction that occurred on 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 directly owned 2,925 shares of the company's stock, valued at $11,337,007.50. This represents a 50.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.10% of the stock is owned by 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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