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S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Having Trouble in Your Trading? (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Having Trouble in Your Trading? (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Having Trouble in Your Trading? (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
NYSE:AZO

AutoZone (AZO) Stock Forecast, Price & News

$2,386.84
-67.80 (-2.76%)
(As of 05/31/2023 ET)
Compare
Today's Range
$2,277.88
$2,390.86
50-Day Range
$2,307.82
$2,733.65
52-Week Range
$1,959.58
$2,750.00
Volume
639,552 shs
Average Volume
157,100 shs
Market Capitalization
$43.92 billion
P/E Ratio
19.62
Dividend Yield
N/A
Price Target
$2,683.56

AutoZone MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.82 Rating Score
Upside/​Downside
12.2% Upside
$2,677.72 Price Target
Short Interest
Healthy
1.62% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.59
Upright™ Environmental Score
News Sentiment
0.29mentions of AutoZone in the last 14 days
Based on 23 Articles This Week
Insider Trading
Selling Shares
$90.13 M Sold Last Quarter
Proj. Earnings Growth
10.15%
From $129.46 to $142.60 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.21 out of 5 stars

Retail/Wholesale Sector

149th out of 213 stocks

Auto & Home Supply Stores Industry

6th out of 6 stocks


AZO stock logo

About AutoZone (NYSE:AZO) Stock

AutoZone, 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.

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AZO Stock News Headlines

AutoZone Reports Earnings Beat, Shares Fall, Outlook Positive (AZO)
AutoZone shares are trading lower amid reports for the third quarter 2023 earnings figures. Despite being initially negative, there are other angles pointing up
Stop Trading Like A Turtle
Performing at your best requires quick reaction and adaptability. While slow and steady progress works for some, having a tool that enables informed trading decisions is essential amid volatility. It's 2023. Why trade like a turtle when you could track down new opportunities like a cheetah?
AutoZone (NYSE:AZO) Price Target Cut to $3,020.00
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
AutoZone (NYSE:AZO) PT Lowered to $2,840.00
AutoZone (AZO) Receives a Rating Update from a Top Analyst
Q3 2023 Autozone Inc Earnings Call
AutoZone (NYSE: AZO)
Nasdaq Down 1%; AutoZone Posts Downbeat Sales
See More Headlines
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AZO Company Calendar

Last Earnings
5/23/2023
Today
5/31/2023
Fiscal Year End
8/31/2023

Industry, Sector and Symbol

Industry
Auto & home supply stores
Sub-Industry
Automotive Retail
CUSIP
05333210
Employees
112,000
Year Founded
1979

Price Target and Rating

Average Stock Price Forecast
$2,677.72
High Stock Price Forecast
$3,020.00
Low Stock Price Forecast
$2,120.00
Forecasted Upside/Downside
+12.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.82
Research Coverage
17 Analysts

Profitability

Net Income
$2.43 billion
Pretax Margin
18.08%

Debt

Sales & Book Value

Annual Sales
$16.25 billion
Cash Flow
$143.53 per share
Book Value
($181.60) per share

Miscellaneous

Free Float
17,921,000
Market Cap
$43.92 billion
Optionable
Optionable
Beta
0.68

Social Links


Key Executives

  • William C. RhodesWilliam C. Rhodes
    Chairman, President & Chief Executive Officer
  • Jamere JacksonJamere Jackson
    CFO, Executive VP-Finance & Store Development
  • Thomas B. NewbernThomas B. Newbern
    EVP-Store Operations & Information Technology
  • K. Michelle BorninkhofK. Michelle Borninkhof
    Chief Information Officer & Senior Vice President
  • Alex Oliphant
    Director-Research & Business Analysis













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 twelve months. There are currently 1 sell rating, 1 hold rating and 15 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 brokerages have issued 12 month price objectives for AutoZone's stock. Their AZO share price forecasts range from $2,120.00 to $3,020.00. On average, they predict the company's share price to reach $2,677.72 in the next year. This suggests a possible upside of 12.2% 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 shares have decreased by 3.2% and is now trading at $2,386.84.
View the best growth stocks for 2023 here
.

Are investors shorting AutoZone?

AutoZone saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 295,500 shares, an increase of 9.0% from the March 31st total of 271,100 shares. Based on an average daily volume of 155,400 shares, the short-interest ratio is currently 1.9 days. Approximately 1.6% of the company's stock are sold short.
View AutoZone's Short Interest
.

How were AutoZone's earnings last quarter?

AutoZone, Inc. (NYSE:AZO) announced its earnings results on Tuesday, May, 23rd. The company reported $34.12 earnings per share for the quarter, topping the consensus estimate of $30.84 by $3.28. The company earned $4.09 billion during the quarter, compared to analyst estimates of $4.12 billion. AutoZone had a negative trailing twelve-month return on equity of 64.72% and a net margin of 14.32%. The company's quarterly revenue was up 11.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $29.03 EPS.
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 shareholders include BlackRock Inc. (8.36%), Envestnet Asset Management Inc. (7.57%), JPMorgan Chase & Co. (5.92%), FMR LLC (5.41%), State Street Corp (4.34%) and Fiera Capital Corp (3.13%). Insiders that own company stock include Albert Saltiel, Brian Hannasch, Charles Pleas III, Dennis W Leriche, 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, William R Hackney 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 $2,386.84.

How much money does AutoZone make?

AutoZone (NYSE:AZO) has a market capitalization of $43.92 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 6/1/2023 by MarketBeat.com Staff

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