NYSE:AZO - AutoZone Stock Price, Price Target & More

AutoZone trades on the New York Stock Exchange (NYSE) under the ticker symbol "AZO."

AutoZone declared that its board has initiated a share buyback plan on Wednesday, March 21st 2018, which permits the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's management believes its shares are undervalued.

AutoZone, Inc. (NYSE:AZO) issued its quarterly earnings data on Tuesday, May, 22nd. The company reported $13.42 EPS for the quarter, beating analysts' consensus estimates of $12.99 by $0.43. The company had revenue of $2.26 billion for the quarter, compared to analyst estimates of $2.71 billion. AutoZone had a negative return on equity of 96.89% and a net margin of 12.27%. The firm's revenue for the quarter was down 13.7% compared to the same quarter last year. During the same period in the prior year, the business posted $11.44 earnings per share. View AutoZone's Earnings History.

AutoZone is scheduled to release their next quarterly earnings announcement on Monday, September, 17th 2018. View Earnings Estimates for AutoZone.

20 Wall Street analysts have issued 1 year price targets for AutoZone's shares. Their predictions range from $491.13 to $850.00. On average, they anticipate AutoZone's share price to reach $728.3831 in the next twelve months. This suggests a possible upside of 6.0% from the stock's current price. View Analyst Ratings for AutoZone.

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

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).

Headlines about AZO stock have been trending positive on Monday, Accern reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. AutoZone earned a news impact score of 0.36 on Accern's scale. They also gave press coverage about the company an impact score of 45.05 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.

AutoZone's stock is owned by a number of of institutional and retail investors. Top institutional investors include Fenimore Asset Management Inc. (0.38%), Manning & Napier Group LLC (0.23%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.03%), Empowered Funds LLC (0.02%), State of Alaska Department of Revenue (0.02%) and CHURCHILL MANAGEMENT Corp (0.01%). Company insiders that own AutoZone stock include Albert Saltiel, Charles Pleas III, Douglas H Brooks, Earl G Graves Jr, James C Griffith, Mark A Finestone, Philip B Daniele, Richard Craig Smith, Rodney C Halsell, Thomas B Newbern, William Andrew Mckenna, William C Rhodes III, 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 Empirical Finance LLC, Fenimore Asset Management Inc., Fjarde AP Fonden Fourth Swedish National Pension Fund, Fisher Asset Management LLC, Gateway Investment Advisers LLC and Legacy Private Trust Co.. Company insiders that have sold AutoZone company stock in the last year include Albert Saltiel, Charles Pleas III, James C Griffith, Mark A Finestone, Philip B Daniele, Richard Craig Smith, William Andrew Mckenna, William C Rhodes III, William T Giles and William W Graves. View Insider Buying and Selling for AutoZone.

AZO stock was purchased by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, Empowered Funds LLC, CHURCHILL MANAGEMENT Corp, CenturyLink Investment Management Co, IFM Investors Pty Ltd, Ledyard National Bank and State of Alaska Department of Revenue. 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 $686.97.

AutoZone has a market capitalization of $18.16 billion and generates $10.89 billion in revenue each year. The company earns $1.28 billion in net income (profit) each year or $43.04 on an earnings per share basis. AutoZone employs 87,000 workers across the globe.

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]