NYSE:AZOAutoZone Stock Price, Forecast & News

$1,152.82

+26.83 (+2.38 %)

(As of 06/3/2020 12:47 PM ET)

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Today's Range

$1,126.00

Now: $1,152.82▼

$1,165.02

50-Day Range

$932.66

MA: $1,050.66▼

$1,164.42

52-Week Range

$684.91

Now: $1,152.82▼

$1,274.41

Volume5,600 shs

Average Volume267,395 shs

Market Capitalization$26.92 billion

P/E Ratio18.11

Dividend YieldN/A

Beta0.91

AutoZone, Inc. retails and distributes automotive replacement parts and accessories. The company offers various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. Its products include A/C compressors, batteries and accessories, bearings, belts and hoses, calipers, carburetors, chassis, clutches, CV axles, engines, fuel pumps, fuses, ignition and lighting products, mufflers, radiators, starters and alternators, thermostats, and water pumps. The company also offers maintenance products, such as antifreeze and windshield washer fluids; brake drums, rotors, shoes, and pads; brake and power steering fluids, and oil and fuel additives; oil and transmission fluids; oil, air, fuel, and transmission filters; oxygen sensors; paints and accessories; refrigerants and accessories; shock absorbers and struts; spark plugs and wires; and windshield wipers, as well as air fresheners, cell phone accessories, drinks and snacks, floor mats and seat covers, interior and exterior accessories, mirrors, performance products, protectants and cleaners, sealants and adhesives, steering wheel covers, stereos and radios, tools, and wash and wax products. In addition, it provides a sales program that offers commercial credit and delivery of parts and other products; and tire repair services. Further, it sells automotive diagnostic and repair software under the ALLDATA brand through alldata.com and alldatadiy.com; and automotive hard parts, maintenance items, accessories, and non-automotive products through autozone.com. As of August 25, 2018, it operated 5,618 stores in the United States, including Puerto Rico; 564 stores in Mexico; 20 stores in Brazil; and 26 Interamerican Motor Corporation branches. AutoZone, Inc. was founded in 1979 and is based in Memphis, Tennessee.

Beat the Market (BTM) Rank^™

2.4 Analyst's Opinion

Consensus Rating
AutoZone has received a consensus rating of Buy. The company's average rating score is 2.84, and is based on 14 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $1,215.88, AutoZone has a potential upside of 6.0% from its current price of $1,147.13.
Amount of Analyst Coverage
AutoZone has been the subject of 16 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.6 Community Rank

Outperform Votes
AutoZone has received 645 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
AutoZone has received 605 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
AutoZone has received 51.60% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about AutoZone and other stocks. Vote “Outperform” if you believe AZO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AZO will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
AutoZone does not currently pay a dividend.
Dividend Growth
AutoZone does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, AutoZone insiders have sold 21.59% more of their company's stock than they have bought. Specifically, they have bought $1,772,000.00 in company stock and sold $2,154,600.00 in company stock.
Percentage Held by Insiders
Only 2.50% of the stock of AutoZone is held by insiders.
Percentage Held by Institutions
91.75% of the stock of AutoZone is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for AutoZone are expected to grow by 8.67% in the coming year, from $62.39 to $67.80 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of AutoZone is 18.02, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.05.
Price to Earnings Ratio vs. Sector
The P/E ratio of AutoZone is 18.02, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 43.40.
Price to Earnings Growth Ratio
AutoZone has a PEG Ratio of 1.94. PEG Ratios above 1 indicate that a company could be overvalued.

Overall Beat the Market Rank^™

1.45 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Auto & home supply stores

Sub-IndustryAutomotive Retail

SectorRetail/Wholesale

Current SymbolNYSE:AZO

Previous Symbol

CUSIP05333210

CIK866787

Webwww.autozone.com

Phone901-495-6500

Debt

Debt-to-Equity RatioN/A

Current Ratio0.92

Quick Ratio0.12

Price-To-Earnings

Trailing P/E Ratio18.11

Forward P/E Ratio18.48

P/E Growth1.94

Sales & Book Value

Annual Sales$11.86 billion

Price / Sales2.27

Cash Flow$82.40 per share

Price / Cash Flow13.99

Book Value($69.87) per share

Price / Book-16.50

Profitability

EPS (Most Recent Fiscal Year)$63.43

Net Income$1.62 billion

Net Margins12.90%

Return on Equity-89.85%

Return on Assets13.18%

Miscellaneous

Employees96,000

Outstanding Shares23,350,000

Market Cap$26.92 billion

Next Earnings Date9/22/2020 (Estimated)

OptionableOptionable

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AutoZone (NYSE:AZO) Frequently Asked Questions

How has AutoZone's stock been impacted by COVID-19 (Coronavirus)?

AutoZone's stock was trading at $1,089.03 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, AZO stock has increased by 5.3% and is now trading at $1,147.13. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of AutoZone?

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

When is AutoZone's next earnings date?

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

How were AutoZone's earnings last quarter?

AutoZone, Inc. (NYSE:AZO) posted its quarterly earnings data on Tuesday, May, 26th. The company reported $14.39 earnings per share (EPS) for the quarter, topping 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 negative return on equity of 89.85% and a net margin of 12.90%. AutoZone's revenue was down .1% on a year-over-year basis. During the same quarter last year, the business posted $15.99 earnings per share. View AutoZone's earnings history.

How will AutoZone's stock buyback program work?

AutoZone announced that its Board of Directors has authorized a share buyback plan on Wednesday, September 26th 2018, which authorizes the company to buyback $1,250,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 6.1% of its stock through open market purchases. Stock buyback plans are often an indication that the company's management believes its stock is undervalued.

What price target have analysts set for AZO?

19 brokers have issued 1-year target prices for AutoZone's stock. Their forecasts range from $1,015.00 to $1,415.00. On average, they expect AutoZone's share price to reach $1,215.88 in the next twelve months. This suggests a possible upside of 6.0% from the stock's current price. View analysts' price targets for AutoZone.

Has AutoZone been receiving favorable news coverage?

Headlines about AZO stock have been trending somewhat positive on Wednesday, InfoTrie reports. InfoTrie identifies positive and negative news coverage by monitoring 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 1.7 on InfoTrie's scale. They also gave news articles about the company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the immediate future. View the latest news aboutAutoZone.

Are investors shorting AutoZone?

AutoZone saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 423,900 shares, a decline of 19.8% from the April 30th total of 528,500 shares. Based on an average daily trading volume, of 336,400 shares, the days-to-cover ratio is presently 1.3 days. Approximately 1.8% of the shares of the stock are short sold. View AutoZone's Current Options Chain.

Who are some of AutoZone's key competitors?

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

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), Och-Ziff Capital Management Group (OZM) and Belden (BDC).

Who are AutoZone's key executives?

AutoZone's management team includes the following people:

Mr. William C. Rhodes III, Chairman, Pres & CEO (Age 54)
Mr. William T. Giles, CFO and Exec. VP of Fin., Information Technology, ALLDATA & Store Devel. (Age 60)
Mr. Mark A. Finestone, Exec. VP of Merchandising, Supply Chain & Marketing (Age 58)
Mr. Thomas B. Newbern, Exec. VP of Store Operations, Commercial, Loss Prevention & ALLDATA (Age 57)
Mr. Ronald B. Griffin, Sr. VP & Chief Information Officer (Age 65)

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 a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.74%), State Street Corp (4.68%), JPMorgan Chase & Co. (3.72%), Fiera Capital Corp (2.81%), Caisse DE Depot ET Placement DU Quebec (1.98%) and Geode Capital Management LLC (1.91%). 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.

Which major investors are selling AutoZone stock?

AZO stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., APG Asset Management N.V., BlackRock Inc., Wealth Quarterback LLC, APG Asset Management N.V., AQR Capital Management LLC, Invesco Ltd., and Janus Henderson Group PLC. Company insiders that have sold AutoZone company stock in the last year include Albert Saltiel, Domingo Hurtado, Earl G Graves Jr, Kristen C Wright, Richard Craig Smith, Ronald B Griffin, and William R Hackney. View insider buying and selling activity for AutoZone.

Which major investors are buying AutoZone stock?

AZO stock was acquired by a variety of institutional investors in the last quarter, including Advisor Group Holdings Inc., Fiera Capital Corp, Sumitomo Mitsui Trust Holdings Inc., Alliancebernstein L.P., Unigestion Holding SA, Skandinaviska Enskilda Banken AB publ, Samlyn Capital LLC, and Swiss National Bank. View insider buying and selling activity for AutoZone.

How do I buy shares of 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.

What is AutoZone's stock price today?

One share of AZO stock can currently be purchased for approximately $1,147.13.

How big of a company is AutoZone?

AutoZone has a market capitalization of $26.79 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.

What is AutoZone's official website?

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

How can I contact AutoZone?

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]

This page was last updated on 6/3/2020 by MarketBeat.com Staff