NYSE:AZO AutoZone - AZO Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding AutoZone, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $2,428.09 -15.46 (-0.63%) (As of 02/3/2023 10:45 AM ET) Add Compare Share Share Today's Range$2,412.42▼$2,454.9950-Day Range$2,318.96▼$2,579.0052-Week Range$1,703.32▼$2,610.05Volume38,998 shsAverage Volume145,795 shsMarket Capitalization$45.58 billionP/E Ratio20.35Dividend YieldN/APrice Target$2,597.88 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability AutoZone MarketRank™ ForecastAnalyst RatingModerate Buy2.76 Rating ScoreUpside/Downside6.3% Upside$2,597.88 Price TargetShort InterestHealthy1.80% of Float Sold ShortDividend StrengthN/ASustainability-1.59Upright™ Environmental ScoreNews Sentiment0.08Based on 3 Articles This WeekInsider TradingSelling Shares$19.02 M Sold Last QuarterProj. Earnings Growth13.44%From $124.97 to $141.76 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.03 out of 5 starsRetail/Wholesale Sector113th out of 212 stocksAuto & Home Supply Stores Industry5th out of 6 stocks 2.4 Analyst's Opinion Consensus RatingAutoZone has received a consensus rating of Buy. The company's average rating score is 2.76, and is based on 14 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $2,597.88, AutoZone has a forecasted upside of 6.3% from its current price of $2,443.55.Amount of Analyst CoverageAutoZone has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.80% of the float of AutoZone has been sold short.Short Interest Ratio / Days to CoverAutoZone has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in AutoZone has recently increased by 3.83%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldAutoZone does not currently pay a dividend.Dividend GrowthAutoZone does not have a long track record of dividend growth. Previous Next 1.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAutoZone has received a -27.46% net impact score from Upright. The largest negative impact of AutoZone in category "GHG emissions" seems to be driven mostly by its "Physical retail of automotive servicing tools at an auto parts store", "Physical retail of parts common to all road vehicles at an auto parts store", and "Physical retail of bus parts at an auto parts store" products. See details.Environmental SustainabilityThe Environmental Impact score for AutoZone is -1.59. Previous Next 1.2 News and Social Media Coverage News SentimentAutoZone has a news sentiment score of 0.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.45 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 3 news articles for AutoZone this week, compared to 7 articles on an average week.Search InterestOnly 19 people have searched for AZO on MarketBeat in the last 30 days. This is a decrease of -17% compared to the previous 30 days.MarketBeat FollowsOnly 9 people have added AutoZone to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, AutoZone insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $19,016,045.00 in company stock.Percentage Held by InsidersOnly 2.59% of the stock of AutoZone is held by insiders.Percentage Held by Institutions91.12% of the stock of AutoZone is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for AutoZone are expected to grow by 13.44% in the coming year, from $124.97 to $141.76 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of AutoZone is 20.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.64.Price to Earnings Ratio vs. SectorThe P/E ratio of AutoZone is 20.48, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 38.84.Price to Earnings Growth RatioAutoZone has a PEG Ratio of 1.77. PEG Ratios above 1 indicate that a company could be overvalued. Previous Next See Top Rated MarketRank™ Stocks Here About AutoZone (NYSE:AZO) StockAutoZone, Inc. engages in the retail and distribution of automotive replacement parts and accessories. The firm offers ALLDATA, which produces, sells, and maintains diagnostic and repair information software used in the automotive repair industry and E-commerce, which includes direct sales to customers. The company was founded by Joseph R. Hyde, III on July 4, 1979 and is headquartered in Memphis, TN.Read More Receive AZO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for AutoZone and its competitors with MarketBeat's FREE daily newsletter. Email Address AZO Stock News HeadlinesFebruary 1, 2023 | finance.yahoo.comALLDATA launches ALLDATA Labour TimesJanuary 29, 2023 | americanbankingnews.comBrokerages Set AutoZone, Inc. (NYSE:AZO) Price Target at $2,597.88February 3, 2023 | Investing Trends (Ad)Elon Musk Claims Solar Will Soon Power the WorldThe world's wealthiest person -- Elon Musk -- is a visionary investor. And he fully expects solar power to be our #1 energy source within a few decades. Utility-scale solar is already becoming the cheapest option for electricity generation globally. So with the push toward clean, renewable energy, it's no wonder solar is also becoming one of the fastest growing sectors in the U.S. stock market.January 25, 2023 | finance.yahoo.comAutoZone Stock Drives Higher; Turning A Corner To New Run?January 20, 2023 | finance.yahoo.comFactors to Note Ahead of Tractor Supply's (TSCO) Q4 EarningsJanuary 10, 2023 | stocknews.com3 Consumer Stocks Investors Shouldn’t Write Off in 2023January 6, 2023 | finance.yahoo.comPossible bearish signals as AutoZone, Inc. (NYSE:AZO) insiders disposed of US$6.3m worth of stockJanuary 5, 2023 | finance.yahoo.comAutoZone (AZO) Down 0.4% Since Last Earnings Report: Can It Rebound?February 3, 2023 | Tradewins (Ad)Know Your Profit Potential BEFORE You Trade!I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! December 25, 2022 | finance.yahoo.comIs This Monster Stock a Buy for Growth Investors?December 19, 2022 | finance.yahoo.comMemphis-based VC firm Ridgeline co-leads $12M seed round for sustainability startupDecember 10, 2022 | finance.yahoo.comAn Investor's Look at the Energy PictureDecember 9, 2022 | finance.yahoo.comAutoZone, Inc. (NYSE:AZO) Q1 2023 Earnings Call TranscriptDecember 8, 2022 | finance.yahoo.comAutoZone First Quarter 2023 Earnings: Beats ExpectationsDecember 7, 2022 | finance.yahoo.comAutoZone's Solid Q1 Beat & Industry Fundamentals Trigger 4% Price Target Boost By This AnalystDecember 6, 2022 | finance.yahoo.comAutoZone 1st Quarter Same Store Sales Increase 5.6%; EPS Increases to $27.45December 6, 2022 | finance.yahoo.comAutoZone tops expectations on revenue and earningsDecember 6, 2022 | finance.yahoo.comAutoZone (AZO) Beats Q1 Earnings and Revenue EstimatesDecember 6, 2022 | finance.yahoo.comAutoZone Q1 Earnings Exceed ExpectationsDecember 6, 2022 | finance.yahoo.comAutoZone posts earnings beat, grows sales annuallyDecember 6, 2022 | finance.yahoo.com'Where we are competitively:' AutoZone execs like what they see as sales surgeDecember 6, 2022 | finance.yahoo.comAutoZone Stock Skids After Earnings Beat As Inflation Boosts InventoryDecember 5, 2022 | finance.yahoo.comAutoZone (AZO) Likely to Maintain its Earnings Beat Run in Q1December 1, 2022 | finance.yahoo.comWhy Earnings Season Could Be Great for AutoZone (AZO)November 28, 2022 | finance.yahoo.comAutoZone (AZO) Stock Moves -0.63%: What You Should KnowNovember 25, 2022 | finance.yahoo.comTitan Machinery (TITN) to Post Q3 Earnings: What's in Store?November 25, 2022 | finance.yahoo.comSalesforce (CRM) to Report Q3 Earnings: What's in Store?See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive AZO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for AutoZone and its competitors with MarketBeat's FREE daily newsletter. Email Address AZO Company Calendar Last Earnings12/06/2022Today2/03/2023Next Earnings (Estimated)3/07/2023Fiscal Year End8/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Auto & home supply stores Sub-IndustryAutomotive Retail SectorRetail/Wholesale Current SymbolNYSE:AZO CUSIP05333210 CIK866787 Webwww.autozone.com Phone(901) 495-6500Fax901-495-8300Employees112,000Year Founded1979Price Target and Rating Average Stock Price Forecast$2,597.88 High Stock Price Forecast$2,850.00 Low Stock Price Forecast$2,330.00 Forecasted Upside/Downside+7.0%Consensus RatingModerate Buy Rating Score (0-4)2.76 Research Coverage17 Analysts Profitability EPS (Most Recent Fiscal Year)$119.29 Trailing P/E Ratio20.35 Forward P/E Ratio19.43 P/E Growth1.77Net Income$2.43 billion Net Margins14.57% Pretax Margin18.31% Return on Equity-69.45% Return on Assets16.31% Debt Debt-to-Equity RatioN/A Current Ratio0.76 Quick Ratio0.12 Sales & Book Value Annual Sales$16.25 billion Price / Sales2.80 Cash Flow$143.93 per share Price / Cash Flow16.87 Book Value($204.52) per share Price / Book-11.87Miscellaneous Outstanding Shares18,770,000Free Float18,280,000Market Cap$45.58 billion OptionableOptionable Beta0.73 Social Links Key ExecutivesWilliam C. RhodesChairman, President & Chief Executive OfficerJamere JacksonCFO, Executive VP-Finance & Store DevelopmentThomas B. NewbernEVP-International & Information TechnologyK. Michelle BorninkhofChief Information Officer & Senior Vice PresidentAlex OliphantDirector-Research & Business AnalysisKey CompetitorsO'Reilly AutomotiveNASDAQ:ORLYChipotle Mexican GrillNYSE:CMGRoss StoresNASDAQ:ROSTDollar GeneralNYSE:DGYum! BrandsNYSE:YUMView All CompetitorsInsiders & InstitutionsFarmers & Merchants Investments Inc.Sold 14 shares on 2/2/2023Ownership: 0.009%Montag A & Associates Inc.Bought 5 shares on 2/2/2023Ownership: 0.007%Stock Yards Bank & Trust Co.Sold 6 shares on 2/2/2023Ownership: 0.004%ARGI Investment Services LLCSold 5 shares on 2/2/2023Ownership: 0.002%TobamBought 15 shares on 2/2/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions AZO Stock - Frequently Asked Questions Should I buy or sell AutoZone stock right now? 17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AutoZone in the last year. There are currently 1 sell rating, 2 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AZO shares. View AZO analyst ratings or view top-rated stocks. What is AutoZone's stock price forecast for 2023? 17 analysts have issued 12 month target prices for AutoZone's stock. Their AZO share price forecasts range from $2,330.00 to $2,850.00. On average, they predict the company's stock price to reach $2,597.88 in the next twelve months. This suggests a possible upside of 6.3% 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 2023? AutoZone's stock was trading at $2,466.18 at the beginning of the year. Since then, AZO stock has decreased by 0.9% and is now trading at $2,443.55. View the best growth stocks for 2023 here. Are investors shorting AutoZone? AutoZone saw a drop in short interest during the month of December. As of December 30th, there was short interest totaling 328,700 shares, a drop of 25.5% from the December 15th total of 441,100 shares. Based on an average daily trading volume, of 149,800 shares, the days-to-cover ratio is currently 2.2 days. Currently, 1.7% of the shares of the company are short sold. 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, March 7th 2023. View our AZO earnings forecast. How were AutoZone's earnings last quarter? AutoZone, Inc. (NYSE:AZO) posted its earnings results on Tuesday, December, 6th. The company reported $27.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $25.15 by $2.30. The company earned $3.99 billion during the quarter, compared to analysts' expectations of $3.87 billion. AutoZone had a negative trailing twelve-month return on equity of 69.45% and a net margin of 14.57%. The company's quarterly revenue was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $25.69 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? 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), Accenture (ACN) and Och-Ziff Capital Management Group (OZM). What is AutoZone's stock symbol? AutoZone trades on the New York Stock Exchange (NYSE) under the ticker symbol "AZO." Who are AutoZone's major shareholders? AutoZone's stock is owned by many different institutional and retail investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.32%), Allspring Global Investments Holdings LLC (0.25%), Bank of Montreal Can (0.25%), AustralianSuper Pty Ltd (0.24%), Fenimore Asset Management Inc. (0.19%) and Assenagon Asset Management S.A. (0.16%). Insiders that own company stock include Albert Saltiel, Brian Hannasch, Charles Pleas III, 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, Michael M Calbert, Mitchell C Major, Philip B Daniele, Preston Frazer, Ronald B Griffin, Thomas B Newbern, William C Rhodes III, William C Rhodes III and William T Giles. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is AutoZone's stock price today? One share of AZO stock can currently be purchased for approximately $2,443.55. How much money does AutoZone make? AutoZone (NYSE:AZO) has a market capitalization of $45.87 billion and generates $16.25 billion in revenue each year. The company earns $2.43 billion in net income (profit) each year or $119.29 on an earnings per share basis. How many employees does AutoZone have? The company employs 112,000 workers across the globe. 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 How can I contact AutoZone? AutoZone's mailing address is 123 SOUTH FRONT ST, MEMPHIS TN, 38101. The official website for the company is www.autozone.com. The company can be reached via phone at (901) 495-6500, via email at investor.relations@autozone.com, or via fax at 901-495-8300. This page (NYSE:AZO) was last updated on 2/3/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.