NYSE:AZOAutoZone Stock Price, Forecast & News

AutoZone's stock was trading at $1,089.03 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, AZO stock has increased by 7.6% and is now trading at $1,171.56.
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18 Wall Street 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, resulting in a consensus recommendation of "Buy."
View analyst ratings for AutoZone.

AutoZone is scheduled to release its next quarterly earnings announcement on Tuesday, September 22nd 2020.
View our earnings forecast for AutoZone.

AutoZone, Inc. (NYSE:AZO) issued its quarterly earnings results on Tuesday, May, 26th. The company reported $14.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $13.80 by $0.59. The company had revenue of $2.78 billion for the quarter, compared to analysts' expectations of $2.65 billion. AutoZone had a net margin of 12.90% and a negative return on equity of 91.18%. The firm's revenue was down .1% on a year-over-year basis. During the same quarter in the previous year, the company earned $15.99 EPS.
View AutoZone's earnings history.

AutoZone declared that its board has initiated a share repurchase program on Wednesday, September 26th 2018, which permits the company to buyback $1,250,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 6.1% of its stock through open market purchases. Stock buyback programs are often a sign that the company's board of directors believes its stock is undervalued.

18 Wall Street analysts have issued 12 month target prices for AutoZone's shares. Their forecasts range from $1,015.00 to $1,415.00. On average, they anticipate AutoZone's share price to reach $1,223.69 in the next year. This suggests a possible upside of 4.4% from the stock's current price.
View analysts' price targets for AutoZone.

Headlines about AZO stock have been trending extremely negative this week, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. AutoZone earned a news impact score of -4.1 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near future.
View the latest news about AutoZone.

AutoZone saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 423,900 shares, a decline of 19.8% from the April 15th total of 528,500 shares. Based on an average trading volume of 336,400 shares, the days-to-cover ratio is currently 1.3 days. Currently, 1.8% of the company's shares are sold short.
View AutoZone's Short Interest.

Some companies that are related to AutoZone include O'Reilly Automotive (ORLY), CarMax (KMX), Advance Auto Parts (AAP), Lithia Motors (LAD), AutoNation (AN), Penske Automotive Group (PAG), Asbury Automotive Group (ABG), Monro (MNRO), Sonic Automotive (SAH), Group 1 Automotive (GPI), PROSPECT CAPITAL 6.25 NTS (PBY) and America's Car-Mart (CRMT).
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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), Och-Ziff Capital Management Group (OZM) and Accenture (ACN).

AutoZone trades on the New York Stock Exchange (NYSE) under the ticker symbol "AZO."

AutoZone's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include California Public Employees Retirement System (0.85%), Bank of New York Mellon Corp (0.82%), Swiss National Bank (0.53%), Robeco Institutional Asset Management B.V. (0.51%), Bank of Montreal Can (0.51%) and LSV Asset Management (0.47%). Company insiders that own AutoZone stock include Albert Saltiel, Charles Pleas III, Domingo Hurtado, Earl G Graves Jr, Kristen C Wright, Mark A Finestone, Michael M Calbert, Philip B Daniele, Richard Craig Smith, Rodney C Halsell, Ronald B Griffin, Thomas B Newbern, William Andrew Mckenna, William C Rhodes III, William R Hackney, William T Giles and William W Graves.
View institutional ownership trends for AutoZone.

AZO stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Sumitomo Mitsui Trust Holdings Inc., Robeco Institutional Asset Management B.V., PNC Financial Services Group Inc., State of Michigan Retirement System, Hexavest Inc., Ensign Peak Advisors Inc, and NorthCoast Asset Management LLC. Company insiders that have sold AutoZone company stock in the last year include Earl G Graves Jr, Kristen C Wright, Philip B Daniele, and William R Hackney.
View insider buying and selling activity for AutoZone.

AZO stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Ardevora Asset Management LLP, Unigestion Holding SA, First Eagle Investment Management LLC, Victory Capital Management Inc., State of Wisconsin Investment Board, Teacher Retirement System of Texas, and Macquarie Group Ltd..
View insider buying and selling activity for AutoZone.

Shares of AZO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of AZO stock can currently be purchased for approximately $1,171.56.

AutoZone has a market capitalization of $27.36 billion and generates $11.86 billion in revenue each year. The company earns $1.62 billion in net income (profit) each year or $63.43 on an earnings per share basis. AutoZone employs 96,000 workers across the globe.

The official website for AutoZone is www.autozone.com.

AutoZone's mailing address is 123 SOUTH FRONT ST, MEMPHIS TN, 38101. The company can be reached via phone at 901-495-6500 or via email at [email protected]