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S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Last chance to set up your portfolio for OPEC cuts
What does consumer price index measure?
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Last chance to set up your portfolio for OPEC cuts
What does consumer price index measure?
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Last chance to set up your portfolio for OPEC cuts
What does consumer price index measure?

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

$2,710.62
+39.49 (+1.48%)
(As of 12/6/2023 ET)
Compare
Today's Range
$2,696.53
$2,730.64
50-Day Range
$2,415.03
$2,710.62
52-Week Range
$2,277.88
$2,750.00
Volume
172,733 shs
Average Volume
155,774 shs
Market Capitalization
$47.80 billion
P/E Ratio
20.43
Dividend Yield
N/A
Price Target
$2,797.50

AutoZone MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.78 Rating Score
Upside/​Downside
4.9% Upside
$2,843.17 Price Target
Short Interest
Healthy
2.96% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.59
Upright™ Environmental Score
News Sentiment
0.52mentions of AutoZone in the last 14 days
Based on 51 Articles This Week
Insider Trading
Selling Shares
$30.65 M Sold Last Quarter
Proj. Earnings Growth
9.75%
From $147.96 to $162.38 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.23 out of 5 stars

Retail/Wholesale Sector

76th out of 168 stocks

Auto & Home Supply Stores Industry

2nd out of 4 stocks


AZO stock logo

About AutoZone Stock (NYSE:AZO)

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. It also offers A/C compressors, batteries and accessories, bearings, belts and hoses, calipers, chassis, clutches, CV axles, engines, fuel pumps, fuses, ignition and lighting products, mufflers, radiators, starters and alternators, thermostats, and water pumps, as well as tire repairs. In addition, the company provides maintenance products, such as antifreeze and windshield washer fluids; brake drums, rotors, shoes, and pads; brake and power steering fluids, and oil and fuel additives; oil and transmission fluids; oil, cabin, air, fuel, and transmission filters; oxygen sensors; paints and accessories; refrigerants and accessories; shock absorbers and struts; spark plugs and wires; and windshield wipers. Further, it offers air fresheners, cell phone accessories, drinks and snacks, floor mats and seat covers, interior and exterior accessories, mirrors, performance products, protectants and cleaners, sealants and adhesives, steering wheel covers, tools, vehicle entertainment systems, and wash and wax products, as well as towing services. Additionally, the company provides a sales program that offers commercial credit and delivery of parts and other products; sells automotive diagnostic and repair software under the ALLDATA brand through alldata.com and alldatadiy.com; and automotive hard parts, maintenance items, accessories, and non-automotive products through autozone.com. AutoZone, Inc. was founded in 1979 and is headquartered in Memphis, Tennessee.

AZO Stock Price History

AZO Stock News Headlines

Suddenly markets are betting on Hagerty, AutoZone after UAW
Markets are betting on these two stocks to come out winning after UAW strike resolutions, analysts are backing the story of what could be a new rally
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Advanced Auto Parts Inc. has dramatically underperformed its competitors in 2023 but a new CEO and cost-cutting measures may make the stock worth a look
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You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
AutoZone (NYSE:AZO) Given New $2,800.00 Price Target at Barclays
AutoZone (NYSE:AZO) Upgraded to Strong-Buy at Raymond James
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
What To Know About Raymond James's Upgrade of AutoZone
Strong Buy: AutoZone’s Sustained Growth and Market Positioning
AutoZone (AZO) Q1 Earnings & Revenues Surpass Estimates
Q1 2024 Autozone Inc Earnings Call
AutoZone Stock Falls After Earnings Beat Estimates
Pre-Markets Stay Negative Ahead of JOLTS Report
Wall Street Awaits Jobs Data
AutoZone Stalls Out Despite an Earnings Beat
See More Headlines
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Company Calendar

Last Earnings
12/05/2023
Today
12/06/2023
Next Earnings (Estimated)
2/27/2024
Fiscal Year End
8/31/2024

Industry, Sector and Symbol

Industry
Auto & home supply stores
Sub-Industry
Automotive Retail
CUSIP
05333210
Employees
119,000
Year Founded
1979

Price Target and Rating

Average Stock Price Target
$2,833.00
High Stock Price Target
$3,100.00
Low Stock Price Target
$2,465.00
Potential Upside/Downside
+3.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
19 Analysts

Profitability

Net Income
$2.53 billion
Pretax Margin
18.15%

Debt

Sales & Book Value

Annual Sales
$17.46 billion
Cash Flow
$171.56 per share
Book Value
($239.59) per share

Miscellaneous

Free Float
17,193,000
Market Cap
$47.80 billion
Optionable
Optionable
Beta
0.63

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Should I Buy AutoZone Stock? AZO Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of AutoZone was last updated on Monday, November 27, 2023 at 10:33 AM.

Pros

Here are some ways that investors could benefit from investing in AutoZone, Inc.:

  • Strong Market Position: AutoZone, Inc. is a leading retailer and distributor of automotive replacement parts and accessories in the United States, Mexico, and Brazil. With a wide range of products for cars, sport utility vehicles, vans, and light trucks, the company has established a strong market presence.
  • Revenue Growth: AutoZone, Inc. has shown consistent revenue growth over the recent periods. This indicates a strong demand for its products and services, which can be a positive sign for investors.
  • Profitability: The company has maintained a healthy level of profitability, with strong gross margins and operating margins. This suggests efficient operations and effective cost management.
  • Expansion Opportunities: AutoZone, Inc. operates in multiple countries, providing opportunities for further expansion and growth. The company's presence in Mexico and Brazil offers access to emerging markets with potential for increased sales.
  • Stock Performance: The current stock price of AutoZone, Inc. is favorable for investors. The stock has shown positive performance in recent periods, indicating potential for capital appreciation.

Cons

Investors should be bearish about investing in AutoZone, Inc. for these reasons:

  • Competition: The automotive retail industry is highly competitive, with numerous players vying for market share. AutoZone, Inc. faces competition from both traditional brick-and-mortar stores and online retailers, which could impact its market position and profitability.
  • Economic Factors: AutoZone, Inc.'s performance is influenced by economic conditions, such as consumer spending and automotive sales. Economic downturns or fluctuations could affect the demand for its products and impact the company's financial performance.
  • Regulatory Environment: The automotive industry is subject to various regulations, including environmental and safety standards. Compliance with these regulations can increase costs and pose challenges for AutoZone, Inc.
  • Supply Chain Risks: AutoZone, Inc. relies on a complex supply chain to source its products. Disruptions in the supply chain, such as delays or shortages, could impact the company's ability to meet customer demand and affect its financial performance.
  • Foreign Exchange Risk: As AutoZone, Inc. operates in multiple countries, it is exposed to foreign exchange risk. Fluctuations in currency exchange rates can impact the company's financial results, especially in markets like Mexico and Brazil.














AZO Stock Analysis - Frequently Asked Questions

Should I buy or sell AutoZone stock right now?

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.
View AZO analyst ratings
or view top-rated stocks.

What is AutoZone's stock price target for 2024?

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.
View analysts price targets for AZO
or view top-rated stocks among Wall Street analysts.

How have AZO shares performed in 2023?

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.
View the best growth stocks for 2023 here
.

Are investors shorting AutoZone?

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
.

When is AutoZone's next earnings date?

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

How were AutoZone's earnings last quarter?

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.
Read the conference call transcript
.

What is Bill Rhodes III's approval rating as AutoZone's CEO?

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.

What other stocks do shareholders of AutoZone own?

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).

Who are AutoZone's major shareholders?

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.
View institutional ownership trends
.

How do I buy shares of AutoZone?

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.
Compare Top Brokerages Here.

Does AutoZone have any subsidiaries?
The following companies are subsidiares of AutoZone: ALLDATA LLC, Alldata, Auto Palace, AutoAnything, AutoZone Development LLC, AutoZone IP LLC, AutoZone Northeast LLC, AutoZone Parts Inc., AutoZone Puerto Rico Inc., AutoZone Stores LLC, AutoZone Texas LLC, AutoZone West, AutoZone West LLC, AutoZone de México S. de R.L. de C.V., AutoZone.com Inc., Interamerican Motor Corporation, and Riverside Captive Insurance Company.
Read More
This page (NYSE:AZO) was last updated on 12/7/2023 by MarketBeat.com Staff

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