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. $2,349.30 -45.65 (-1.91%) (As of 03/22/2023 12:00 AM ET) Add Compare Share Share Today's Range$2,347.78▼$2,397.6650-Day Range$2,318.96▼$2,605.6252-Week Range$1,703.32▼$2,610.05Volume103,208 shsAverage Volume153,112 shsMarket Capitalization$44.10 billionP/E Ratio19.32Dividend YieldN/APrice Target$2,652.76 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability AutoZone MarketRank™ ForecastAnalyst RatingModerate Buy2.79 Rating ScoreUpside/Downside12.9% Upside$2,652.76 Price TargetShort InterestHealthy1.39% of Float Sold ShortDividend StrengthN/ASustainability-1.59Upright™ Environmental ScoreNews Sentiment0.33Based on 26 Articles This WeekInsider TradingSelling Shares$94.60 M Sold Last QuarterProj. Earnings Growth12.37%From $127.64 to $143.43 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.2.71 out of 5 starsRetail/Wholesale Sector33rd out of 207 stocksAuto & Home Supply Stores Industry2nd out of 6 stocks 3.4 Analyst's Opinion Consensus RatingAutoZone has received a consensus rating of Buy. The company's average rating score is 2.79, and is based on 16 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $2,652.76, AutoZone has a forecasted upside of 12.9% from its current price of $2,349.30.Amount of Analyst CoverageAutoZone has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.39% of the float of AutoZone has been sold short.Short Interest Ratio / Days to CoverAutoZone has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in AutoZone has recently decreased by 7.37%, indicating that investor sentiment is improving significantly. 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 3.0 News and Social Media Coverage News SentimentAutoZone has a news sentiment score of 0.33. 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 news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 26 news articles for AutoZone this week, compared to 7 articles on an average week.Search Interest34 people have searched for AZO on MarketBeat in the last 30 days. This is an increase of 17% compared to the previous 30 days.MarketBeat Follows18 people have added AutoZone to their MarketBeat watchlist in the last 30 days. This is an increase of 157% 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 $94,603,027.00 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 12.37% in the coming year, from $127.64 to $143.43 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of AutoZone is 19.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.17.Price to Earnings Ratio vs. SectorThe P/E ratio of AutoZone is 19.32, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 34.33.Price to Earnings Growth RatioAutoZone has a PEG Ratio of 1.62. 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 HeadlinesMarch 1, 2023 | marketbeat.comAutozone Or Advance You’ve Got A Winner With Auto PartsAdvance Autoparts and Autozone present different opportunities in the same growing sector, one is in an uptrend and the other is a high-yield value.February 24, 2023 | marketbeat.comForget Cathie Wood, Follow These 3 Hedge Fund Managers (AZO)The return and risk profiles of these three ‘hedgies’ are among the best in the business, making them well worth following.March 22, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.March 20, 2023 | americanbankingnews.comAutoZone, Inc. (NYSE:AZO) Receives $2,652.76 Average Price Target from BrokeragesMarch 19, 2023 | americanbankingnews.comInsider Selling: AutoZone, Inc. (NYSE:AZO) CEO Sells $71,631,164.97 in StockMarch 19, 2023 | americanbankingnews.comAutoZone, Inc. to Post FY2023 Earnings of $126.01 Per Share, Zacks Research Forecasts (NYSE:AZO)March 18, 2023 | americanbankingnews.comAutoZone (NYSE:AZO) Now Covered by StockNews.comMarch 17, 2023 | finance.yahoo.comUp More Than 25% in the Past Year, Is AutoZone Stock a Buy?March 22, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.March 13, 2023 | finance.yahoo.comOracle, AutoZone, Costco, FedEx and Lennar are part of Zacks Earnings PreviewMarch 13, 2023 | finance.yahoo.comOracle, AutoZone, Costco, FedEx and Lennar are part of Zacks Earnings PreviewMarch 7, 2023 | finance.yahoo.comAuto Roundup: LKQ's Big Buyout & STLA's Electrification Push Grab EyeballsMarch 2, 2023 | finance.yahoo.comAutoZone, Inc. (NYSE:AZO) Q2 2023 Earnings Call TranscriptFebruary 27, 2023 | finance.yahoo.comIs AutoZone's (AZO) Beat Streak Likely to Snap in Q2 Earnings?February 27, 2023 | finance.yahoo.comWill Advance Auto's (AAP) Q4 Earnings Disappoint Investors?February 27, 2023 | finance.yahoo.comTarget reports, AutoZone earnings, JM Smucker: 3 things to watchFebruary 27, 2023 | finance.yahoo.comWeek Ahead: Resuming a Bear Market, or Time to Buy the Dip?February 27, 2023 | finance.yahoo.comInvesting in AutoZone (NYSE:AZO) five years ago would have delivered you a 287% gainFebruary 14, 2023 | finance.yahoo.comAutoZone Is in the Bullish Zone, So Get In itFebruary 8, 2023 | finance.yahoo.comAutoZone to Release Second Quarter Earnings February 28, 2023February 6, 2023 | finance.yahoo.comIs AutoZone (AZO) a Great Buy?February 1, 2023 | finance.yahoo.comALLDATA launches ALLDATA Labour TimesJanuary 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?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 Earnings2/28/2023Today3/22/2023Next Earnings (Estimated)5/23/2023Fiscal 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$2,652.76 High Stock Price Forecast$2,899.00 Low Stock Price Forecast$2,330.00 Forecasted Upside/Downside+11.5%Consensus RatingModerate Buy Rating Score (0-4)2.79 Research Coverage19 Analysts Profitability EPS (Most Recent Fiscal Year)$121.63 Trailing P/E Ratio19.57 Forward P/E Ratio18.65 P/E Growth1.62Net Income$2.43 billion Net Margins14.32% Pretax Margin18.08% Return on Equity-64.72% Return on Assets15.95% Debt Debt-to-Equity RatioN/A Current Ratio0.79 Quick Ratio0.12 Sales & Book Value Annual Sales$16.25 billion Price / Sales2.75 Cash Flow$148.84 per share Price / Cash Flow15.99 Book Value($181.60) per share Price / Book-13.11Miscellaneous Outstanding Shares18,770,000Free Float18,280,000Market Cap$44.67 billion OptionableOptionable Beta0.69 Social Links Key ExecutivesWilliam C. RhodesChairman, President & Chief Executive OfficerJamere JacksonCFO, Executive VP-Finance & Store DevelopmentThomas B. NewbernEVP-Store Operations & Information TechnologyK. Michelle BorninkhofChief Information Officer & Senior Vice PresidentAlex OliphantDirector-Research & Business AnalysisKey CompetitorsO'Reilly AutomotiveNASDAQ:ORLYChipotle Mexican GrillNYSE:CMGDollar GeneralNYSE:DGJD.comNASDAQ:JDYum! BrandsNYSE:YUMView All CompetitorsInsiders & InstitutionsB. Riley Wealth Advisors Inc.Bought 269 shares on 3/15/2023Ownership: 0.011%William C Rhodes IIISold 29,511 sharesTotal: $71.63 M ($2,427.27/share)Victory Capital Management Inc.Sold 1,782 shares on 3/10/2023Ownership: 0.100%Mather Group LLC.Bought 21 shares on 3/10/2023Ownership: 0.002%Great Lakes Retirement Inc.Bought 262 shares on 3/7/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions AZO Stock - Frequently Asked Questions Should I buy or sell AutoZone stock right now? 19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AutoZone in the last year. There are currently 1 sell rating, 2 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street 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? 19 equities research analysts have issued 1 year price objectives for AutoZone's stock. Their AZO share price forecasts range from $2,330.00 to $2,899.00. On average, they predict the company's share price to reach $2,652.76 in the next twelve months. This suggests a possible upside of 12.9% 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 on January 1st, 2023. Since then, AZO shares have decreased by 4.7% and is now trading at $2,349.30. View the best growth stocks for 2023 here. Are investors shorting AutoZone? AutoZone saw a drop in short interest in the month of February. As of February 28th, there was short interest totaling 262,500 shares, a drop of 7.4% from the February 13th total of 283,400 shares. Based on an average daily volume of 154,900 shares, the days-to-cover ratio is currently 1.7 days. Currently, 1.4% of the shares of the stock 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, May 23rd 2023. View our AZO earnings forecast. How were AutoZone's earnings last quarter? AutoZone, Inc. (NYSE:AZO) posted its earnings results on Tuesday, February, 28th. The company reported $24.64 earnings per share for the quarter, beating the consensus estimate of $21.33 by $3.31. The business earned $3.69 billion during the quarter, compared to analyst estimates of $3.56 billion. AutoZone had a net margin of 14.32% and a negative trailing twelve-month return on equity of 64.72%. The firm's revenue was up 9.5% on a year-over-year basis. During the same period in the previous year, the company earned $22.30 earnings per share. Read the conference call transcript. What ETFs hold AutoZone's stock? ETFs with the largest weight of AutoZone (NYSE:AZO) stock in their portfolio include Alpha Dog ETF (RUFF), Hennessy Stance ESG Large Cap ETF (STNC), VanEck Retail ETF (RTH), SEI Enhanced U.S. Large Cap Momentum Factor ETF (SEIM), Invesco DWA Consumer Cyclicals Momentum ETF (PEZ), Alpha Intelligent - Large Cap Growth ETF (AILG), QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM) and Affinity World Leaders Equity ETF (WLDR). 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 a variety of institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (6.42%), Moneta Group Investment Advisors LLC (3.73%), Fiera Capital Corp (3.08%), Boston Partners (2.82%), Geode Capital Management LLC (2.40%) and Norges Bank (1.42%). 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, 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 $2,349.30. How much money does AutoZone make? AutoZone (NYSE:AZO) has a market capitalization of $44.10 billion and generates $16.25 billion in revenue each year. The company earns $2.43 billion in net income (profit) each year or $121.63 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 3/22/2023 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. 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