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NYSE:AZO

AutoZone (AZO) Stock Price, News & Analysis

$2,827.65
-96.39 (-3.30%)
(As of 05/21/2024 ET)
Today's Range
$2,796.85
$2,895.50
50-Day Range
$2,900.99
$3,239.06
52-Week Range
$2,277.88
$3,256.37
Volume
292,975 shs
Average Volume
154,077 shs
Market Capitalization
$48.97 billion
P/E Ratio
19.91
Dividend Yield
N/A
Price Target
$3,115.24

AutoZone MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
10.4% Upside
$3,115.24 Price Target
Short Interest
Healthy
2.91% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.59
Upright™ Environmental Score
News Sentiment
0.71mentions of AutoZone in the last 14 days
Based on 28 Articles This Week
Insider Trading
Selling Shares
$50.34 M Sold Last Quarter
Proj. Earnings Growth
9.63%
From $152.40 to $167.08 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.

4.55 out of 5 stars

Retail/Wholesale Sector

68th out of 190 stocks

Auto & Home Supply Stores Industry

4th 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

AZO Stock News Headlines

AutoZone Pulling Back Into the Buy Zone
AutoZone NYSE: AZO share prices are declining because the Q3 results weren't strong enough. The company says the timing of tax payments and cold weather impacted the results, which are one-off, non-recurring factors that have little to do with the outlook.
AutoZone Pulling Back Into the Buy Zone
Autozone is buying back shares like mad, supporting the uptrend in its share prices, and a new all-time high is likely by year-end.
AutoZone (NYSE:AZO) Misses Q2 Revenue Estimates
AutoZone stock falls despite beating earnings estimates
Wells Fargo Reaffirms Their Buy Rating on AutoZone (AZO)
AutoZone's (AZO) Outperform Rating Reiterated at Wedbush
AutoZone: Continuing On The Path To Success
AutoZone (AZO) to Release Quarterly Earnings on Tuesday
AutoZone (NYSE:AZO) Knows How To Allocate Capital
See More Headlines

Company Calendar

Today
5/21/2024
Last Earnings
5/21/2024
Next Earnings (Confirmed)
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
$3,115.24
High Stock Price Target
$3,523.00
Low Stock Price Target
$2,465.00
Potential Upside/Downside
+10.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
18 Analysts

Profitability

Net Income
$2.53 billion
Pretax Margin
18.48%

Debt

Sales & Book Value

Annual Sales
$17.46 billion
Cash Flow
$161.88 per share
Book Value
($239.59) per share

Miscellaneous

Free Float
16,886,000
Market Cap
$48.93 billion
Optionable
Optionable
Beta
0.72

Social Links


AZO Stock Analysis - Frequently Asked Questions

Should I buy or sell AutoZone stock right now?

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AutoZone in the last year. There are currently 4 hold ratings, 13 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities 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 stock. Their AZO share price targets range from $2,465.00 to $3,523.00. On average, they anticipate the company's share price to reach $3,115.24 in the next year. This suggests a possible upside of 10.4% 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 shares have increased by 9.1% and is now trading at $2,820.83.
View the best growth stocks for 2024 here
.

Are investors shorting AutoZone?

AutoZone saw a increase in short interest in April. As of April 30th, there was short interest totaling 502,400 shares, an increase of 25.3% from the April 15th total of 400,900 shares. Based on an average daily volume of 147,600 shares, the days-to-cover ratio is currently 3.4 days. Approximately 2.9% of the shares of the stock 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) issued its quarterly earnings data on Tuesday, May, 21st. The company reported $36.69 EPS for the quarter, beating analysts' consensus estimates of $35.75 by $0.94. The firm earned $4.24 billion during the quarter, compared to analyst estimates of $4.29 billion. AutoZone had a negative trailing twelve-month return on equity of 56.06% and a net margin of 14.70%. The business's revenue was up 3.6% on a year-over-year basis. During the same period last year, the company posted $34.12 EPS.

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 number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.99%), Price T Rowe Associates Inc. MD (1.23%), Nordea Investment Management AB (1.17%), Captrust Financial Advisors (0.88%), Bank of New York Mellon Corp (0.77%) and Bessemer Group Inc. (0.68%). 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, Richard Craig Smith, 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 5/21/2024 by MarketBeat.com Staff

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