AutoZone Stock Price, News & Analysis (NYSE:AZO)

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AutoZone in the last twelve months. There are currently 4 hold ratings, 13 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AZO shares.
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18 Wall Street analysts have issued 12-month target prices for AutoZone's shares. Their AZO share price targets range from $2,465.00 to $3,100.00. On average, they predict the company's share price to reach $2,843.17 in the next year. This suggests a possible upside of 4.9% from the stock's current price.
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AutoZone's stock was trading at $2,466.18 at the start of the year. Since then, AZO stock has increased by 9.9% and is now trading at $2,710.62.
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AutoZone saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 473,800 shares, an increase of 12.9% from the October 15th total of 419,500 shares. Based on an average daily volume of 133,200 shares, the short-interest ratio is currently 3.6 days. Approximately 2.7% of the company's shares are short sold.
View AutoZone's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024.
View our AZO earnings forecast.

AutoZone, Inc. (NYSE:AZO) released its quarterly earnings data on Tuesday, December, 5th. The company reported $32.55 earnings per share for the quarter, topping analysts' consensus estimates of $31.57 by $0.98. The company had revenue of $4.19 billion for the quarter, compared to analysts' expectations of $4.19 billion. AutoZone had a net margin of 14.48% and a negative trailing twelve-month return on equity of 60.66%. The firm's quarterly revenue was up 5.1% compared to the same quarter last year. During the same period last year, the firm earned $27.45 EPS.
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ETFs with the largest weight of AutoZone (NYSE:AZO) stock in their portfolio include VanEck Retail ETF (RTH), First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL), SEI Enhanced U.S. Large Cap Momentum Factor ETF (SEIM), AB US Low Volatility Equity ETF (LOWV), Alpha Intelligent - Large Cap Growth ETF (AILG), ASYMshares ASYMmetric S&P 500 ETF (ASPY), Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) and Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD).

1,445 employees have rated AutoZone Chief Executive Officer Bill Rhodes III on Glassdoor.com. Bill Rhodes III has an approval rating of 66% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other AutoZone investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Hawkins (HWKN), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH), Micron Technology (MU), Accenture (ACN) and Och-Ziff Capital Management Group (OZM).

AutoZone's stock is owned by many different retail and institutional investors. Top institutional investors include FMR LLC (3.49%), Fiera Capital Corp (2.87%), Royal Bank of Canada (2.50%), Boston Partners (2.44%), Wellington Management Group LLP (1.90%) and Morgan Stanley (1.47%). Insiders that own company stock include Albert Saltiel, Brian Hannasch, Charles Pleas III, Dennis W Leriche, Domingo Hurtado, Eric S Gould, George R Mrkonic Jr, Grant E Mcgee, Jane Huang, John Scott Murphy, K Michelle Borninkhof, Kristen C Wright, Mark A Finestone, Mitchell C Major, Philip B Daniele, Preston Frazer, Ronald B Griffin, William C Rhodes III, William C Rhodes III, William R Hackney and William T Giles.
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Shares of AZO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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