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 stock repurchase plan on Wednesday, September 26th 2018, which allows the company to repurchase $1,250,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 6.1% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's leadership believes its stock is undervalued.

AutoZone, Inc. (NYSE:AZO) announced its quarterly earnings results on Tuesday, February, 26th. The company reported $11.49 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $9.98 by $1.51. The company earned $2.45 billion during the quarter, compared to analysts' expectations of $2.45 billion. AutoZone had a net margin of 12.49% and a negative return on equity of 98.24%. AutoZone's revenue was up 1.6% on a year-over-year basis. During the same quarter last year, the business posted $8.47 earnings per share. View AutoZone's Earnings History.

AutoZone is scheduled to release their next quarterly earnings announcement on Tuesday, May 28th 2019. View Earnings Estimates for AutoZone.

15 Wall Street analysts have issued twelve-month price objectives for AutoZone's stock. Their predictions range from $491.13 to $1,050.00. On average, they anticipate AutoZone's share price to reach $933.4087 in the next year. This suggests that the stock has a possible downside of 4.7%. View Analyst Price Targets for AutoZone.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AutoZone in the last year. There are currently 4 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 coverage about AZO stock has been trending somewhat negative this week, InfoTrie Sentiment reports. The research group scores the sentiment of 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 positive five, with scores closest to five being the most favorable. AutoZone earned a news sentiment score of -1.1 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an impact on the company's share price in the near future.

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).

Based on aggregate information from My MarketBeat watchlists, some companies that other AutoZone investors own include CA (CA), Endologix (ELGX), Hawkins (HWKN), Chipotle Mexican Grill (CMG), BlackRock (BLK), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH), Accenture (ACN), Micron Technology (MU) and Black Diamond Group (BDI).

AutoZone's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.48%), FMR LLC (5.57%), Nordea Investment Management AB (2.16%), Fiera Capital Corp (1.87%), Geode Capital Management LLC (1.40%) and Northern Trust Corp (1.20%). 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 Nordea Investment Management AB, Bessemer Group Inc., Massachusetts Financial Services Co. MA, American Century Companies Inc., Beutel Goodman & Co Ltd., Check Capital Management Inc. CA, Bank of America Corp DE and Fenimore Asset Management Inc.. Company insiders that have sold AutoZone company stock in the last year include Albert Saltiel, Charles Pleas III, Domingo Hurtado, Kristen C Wright, 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 Insider Buying and Selling for AutoZone.

AZO stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Two Sigma Advisers LP, Ackerman Capital Advisors LLC, Iridian Asset Management LLC CT, PNC Financial Services Group Inc., Investec Asset Management LTD, PGGM Investments and FMR LLC. 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 $978.99.

AutoZone has a market capitalization of $24.37 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]