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

AutoZone, Inc. (NYSE:AZO) released its earnings results on Tuesday, December, 4th. The company reported $13.47 earnings per share for the quarter, beating the Zacks' consensus estimate of $12.21 by $1.26. The company earned $2.64 billion during the quarter, compared to the consensus estimate of $2.64 billion. AutoZone had a net margin of 12.49% and a negative return on equity of 102.31%. The business's revenue was up 2.0% on a year-over-year basis. During the same period last year, the business posted $10.00 EPS. View AutoZone's Earnings History.

AutoZone is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for AutoZone.

14 brokers have issued 12-month price objectives for AutoZone's stock. Their forecasts range from $491.13 to $985.00. On average, they anticipate AutoZone's stock price to reach $877.3946 in the next year. This suggests a possible upside of 5.3% from the stock's current price. View Analyst Price Targets for AutoZone.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AutoZone in the last year. There are currently 4 hold ratings, 9 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for AutoZone.

News coverage about AZO stock has trended somewhat positive on Thursday, InfoTrie Sentiment reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. AutoZone earned a news impact score of 1.5 on InfoTrie's scale. They also gave media stories about the company a news buzz of 7.0 out of 10, meaning that recent press coverage is 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 many different of institutional and retail investors. Top institutional investors include Fenimore Asset Management Inc. (0.28%), State of Alaska Department of Revenue (0.05%), CHURCHILL MANAGEMENT Corp (0.03%), Gulf International Bank UK Ltd (0.02%), Hennessy Advisors Inc. (0.01%) and Virtu Financial LLC (0.01%). Company insiders that own AutoZone stock include Albert Saltiel, Charles Pleas III, Domingo Hurtado, Douglas H Brooks, Earl G Graves Jr, James C Griffith, Kristen C Wright, Mark A Finestone, Philip B Daniele, Richard Craig Smith, Rodney C Halsell, Ronald B Griffin, 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 Fenimore Asset Management Inc., Gulf International Bank UK Ltd, Hennessy Advisors Inc., Louisiana State Employees Retirement System, Tealwood Asset Management Inc., Gateway Investment Advisers LLC, Cozad Asset Management Inc. and Endurance Wealth Management Inc.. Company insiders that have sold AutoZone company stock in the last year include Albert Saltiel, Charles Pleas III, Domingo Hurtado, James C Griffith, Kristen C Wright, Philip B Daniele, Rodney C Halsell, Ronald B Griffin, William Andrew Mckenna, William C Rhodes III, William R Hackney, 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 State of Alaska Department of Revenue, Virtu Financial LLC, CHURCHILL MANAGEMENT Corp, Polianta Ltd, Fox Run Management L.L.C., First Hawaiian Bank, Clarus Wealth Advisors and Clarus Wealth Advisors. 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 $832.96.

AutoZone has a market capitalization of $20.91 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]