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NVDA   819.14 (+3.54%)
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AMD   199.76 (+3.76%)
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CGC   3.27 (-0.61%)
GE   158.65 (+1.12%)
DIS   111.47 (-0.10%)
AMC   4.40 (+1.85%)
PFE   26.64 (+0.30%)
PYPL   60.62 (+0.46%)
XOM   106.34 (+1.74%)
QQQ   442.92 (+0.89%)
AAPL   177.81 (-1.63%)
MSFT   412.43 (-0.29%)
META   499.53 (+1.92%)
GOOGL   137.76 (-0.51%)
AMZN   177.79 (+0.58%)
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NVDA   819.14 (+3.54%)
NIO   5.82 (+1.22%)
AMD   199.76 (+3.76%)
BABA   74.86 (+1.12%)
T   16.95 (+0.12%)
F   12.49 (+0.40%)
MU   95.47 (+5.36%)
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GE   158.65 (+1.12%)
DIS   111.47 (-0.10%)
AMC   4.40 (+1.85%)
PFE   26.64 (+0.30%)
PYPL   60.62 (+0.46%)
XOM   106.34 (+1.74%)
QQQ   442.92 (+0.89%)
AAPL   177.81 (-1.63%)
MSFT   412.43 (-0.29%)
META   499.53 (+1.92%)
GOOGL   137.76 (-0.51%)
AMZN   177.79 (+0.58%)
TSLA   200.84 (-0.52%)
NVDA   819.14 (+3.54%)
NIO   5.82 (+1.22%)
AMD   199.76 (+3.76%)
BABA   74.86 (+1.12%)
T   16.95 (+0.12%)
F   12.49 (+0.40%)
MU   95.47 (+5.36%)
CGC   3.27 (-0.61%)
GE   158.65 (+1.12%)
DIS   111.47 (-0.10%)
AMC   4.40 (+1.85%)
PFE   26.64 (+0.30%)
PYPL   60.62 (+0.46%)
XOM   106.34 (+1.74%)
NYSE:AZO

AutoZone (AZO) Stock Price, News & Analysis

$3,003.01
-3.01 (-0.10%)
(As of 11:38 AM ET)
Today's Range
$2,983.09
$3,015.44
50-Day Range
$2,521.28
$3,016.84
52-Week Range
$2,277.88
$3,025.96
Volume
35,301 shs
Average Volume
166,129 shs
Market Capitalization
$51.92 billion
P/E Ratio
21.80
Dividend Yield
N/A
Price Target
$3,020.76

AutoZone MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.81 Rating Score
Upside/​Downside
0.6% Upside
$3,020.76 Price Target
Short Interest
Healthy
2.36% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.59
Upright™ Environmental Score
News Sentiment
0.61mentions of AutoZone in the last 14 days
Based on 84 Articles This Week
Insider Trading
Selling Shares
$38.83 M Sold Last Quarter
Proj. Earnings Growth
9.79%
From $149.92 to $164.59 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.06 out of 5 stars

Retail/Wholesale Sector

51st out of 208 stocks

Auto & Home Supply Stores Industry

3rd out of 6 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

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AZO Jun 2024 2680.000 call
AutoZone, Inc. (AZO) Q2 2024 Earnings Call Transcript
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AutoZone, Inc. (NYSE:AZO) Q2 2024 Earnings Call Transcript
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See More Headlines
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Company Calendar

Last Earnings
2/27/2024
Today
3/01/2024
Next Earnings (Estimated)
5/21/2024
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
$3,020.76
High Stock Price Target
$3,425.00
Low Stock Price Target
$2,465.00
Potential Upside/Downside
+0.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.81
Research Coverage
16 Analysts

Profitability

Net Income
$2.53 billion
Pretax Margin
18.45%

Debt

Sales & Book Value

Annual Sales
$17.46 billion
Cash Flow
$170.10 per share
Book Value
($239.59) per share

Miscellaneous

Free Float
16,860,000
Market Cap
$52.00 billion
Optionable
Optionable
Beta
0.70

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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 Thursday, February 22, 2024 at 9:04 PM.

Pros

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

  • AutoZone stock has shown resilience with a 52-week high of $2,849.99, indicating potential for growth.
  • Analysts predict AutoZone, Inc. will post 150.5 earnings per share for the current fiscal year, showing strong financial performance.
  • Recent insider transactions, such as VP Charles Pleas III selling shares at a high price, may indicate confidence in the company's future.
  • Positive analyst ratings and price target upgrades suggest a favorable outlook for AutoZone's stock.
  • Institutional investors and hedge funds have significantly increased their holdings in AutoZone, indicating strong market interest.

Cons

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

  • AutoZone's stock price has experienced fluctuations, which may pose risks for short-term investors.
  • The company's negative return on equity of 57.23% raises concerns about its profitability and financial health.
  • AutoZone's PEG ratio of 1.45 may indicate overvaluation, potentially leading to a correction in stock price.
  • Market volatility and economic uncertainties could impact AutoZone's performance and stock price in the future.
  • While revenue has increased, the firm's net margin of 14.62% may be a point of concern for investors looking for higher profitability.














AZO Stock Analysis - Frequently Asked Questions

Should I buy or sell AutoZone stock right now?

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AutoZone in the last twelve months. There are currently 4 hold ratings, 11 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?

16 Wall Street analysts have issued 1-year target prices for AutoZone's stock. Their AZO share price targets range from $2,465.00 to $3,425.00. On average, they expect the company's share price to reach $3,020.76 in the next year. This suggests a possible upside of 0.6% 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 2024?

AutoZone's stock was trading at $2,585.61 at the beginning of 2024. Since then, AZO stock has increased by 16.1% and is now trading at $3,003.01.
View the best growth stocks for 2024 here
.

Are investors shorting AutoZone?

AutoZone saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 329,900 shares, an increase of 5.1% from the December 31st total of 314,000 shares. Based on an average trading volume of 147,000 shares, the days-to-cover ratio is presently 2.2 days. Approximately 1.9% of the company's shares are sold short.
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, May 21st 2024.
View our AZO earnings forecast
.

How were AutoZone's earnings last quarter?

AutoZone, Inc. (NYSE:AZO) released its quarterly earnings data on Tuesday, February, 27th. The company reported $28.89 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $26.08 by $2.81. The firm had revenue of $3.86 billion for the quarter, compared to analyst estimates of $4.32 billion. AutoZone had a negative trailing twelve-month return on equity of 57.23% and a net margin of 14.62%. The firm's revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $24.64 earnings per share.
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?
Who are AutoZone's major shareholders?

AutoZone's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.10%), International Assets Investment Management LLC (4.23%), Fiera Capital Corp (2.73%), Royal Bank of Canada (2.44%), Boston Partners (2.17%) and Price T Rowe Associates Inc. MD (1.90%). 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, Philip B Daniele, Preston Frazer, Ronald B Griffin, Thomas B Newbern, William C Rhodes III, William C Rhodes III and William R Hackney.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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 3/1/2024 by MarketBeat.com Staff