NYSE:AZO - AutoZone Stock Price, News, & Analysis

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

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

AutoZone, Inc. (NYSE:AZO) issued its quarterly earnings data on Tuesday, September, 18th. The company reported $18.54 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $17.92 by $0.62. The firm had revenue of $3.56 billion for the quarter, compared to analysts' expectations of $3.60 billion. AutoZone had a negative return on equity of 99.70% and a net margin of 11.92%. The company's revenue for the quarter was up 1.3% on a year-over-year basis. During the same period last year, the firm earned $15.27 EPS. View AutoZone's Earnings History.

AutoZone is scheduled to release their next quarterly earnings announcement on Tuesday, December 4th 2018. View Earnings Estimates for AutoZone.

AutoZone will be holding an earnings conference call on Tuesday, December 4th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 2108398923.

18 analysts have issued 1 year price objectives for AutoZone's stock. Their forecasts range from $491.13 to $880.00. On average, they expect AutoZone's stock price to reach $786.3206 in the next twelve months. This suggests that the stock has a possible downside of 2.9%. View Analyst Price Targets for AutoZone.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AutoZone in the last year. There are currently 7 hold ratings, 10 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for AutoZone.

Media headlines about AZO stock have been trending somewhat positive recently, InfoTrie reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. AutoZone earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days.

Some companies that are related to AutoZone include O'Reilly Automotive (ORLY), Advance Auto Parts (AAP), HALFORDS Grp PL/ADR (HLFDY), MarineMax (HZO) and U.S. Auto Parts Network (PRTS).

AutoZone's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (7.96%), BlackRock Inc. (7.32%), FMR LLC (5.30%), Burgundy Asset Management Ltd. (2.41%), Alliancebernstein L.P. (1.69%) and Massachusetts Financial Services Co. MA (1.47%). Company insiders that own AutoZone stock include Albert Saltiel, Charles Pleas III, Douglas H Brooks, Earl G Graves Jr, James C Griffith, Mark A Finestone, Philip B Daniele, Richard Craig Smith, Rodney C Halsell, William Andrew Mckenna, William C Rhodes III, 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 Massachusetts Financial Services Co. MA, Bessemer Group Inc., Beutel Goodman & Co Ltd., The Manufacturers Life Insurance Company , Point72 Asset Management L.P., Credit Suisse AG, Mitsubishi UFJ Trust & Banking Corp and AQR Capital Management LLC. Company insiders that have sold AutoZone company stock in the last year include Albert Saltiel, Charles Pleas III, James C Griffith, Mark A Finestone, Philip B Daniele, Richard Craig Smith, Rodney C Halsell, William Andrew Mckenna, William C Rhodes III, William T Giles and William W Graves. View Insider Buying and Selling for AutoZone.

AZO stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, JPMorgan Chase & Co., Eagle Asset Management Inc., First Manhattan Co., Carillon Tower Advisers Inc., Alliancebernstein L.P., Victory Capital Management Inc. and Smith Asset Management Group LP. Company insiders that have bought AutoZone stock in the last two years include Douglas H Brooks and William Andrew Mckenna. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of AZO stock can currently be purchased for approximately $810.04.

AutoZone has a market capitalization of $20.79 billion and generates $11.22 billion in revenue each year. The company earns $1.34 billion in net income (profit) each year or $50.34 on an earnings per share basis. AutoZone employs 90,000 workers across the globe.

The official website for AutoZone is http://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]