NYSE:AZO - AutoZone Stock Price, News, & Analysis

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

AutoZone announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, September 26th 2018, which authorizes the company to buyback $1,250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 6.1% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's management believes its stock is undervalued.

AutoZone, Inc. (NYSE:AZO) released its quarterly earnings data on Tuesday, December, 4th. The company reported $13.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $12.21 by $1.26. The business had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.64 billion. AutoZone had a negative return on equity of 102.31% and a net margin of 12.49%. AutoZone's revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $10.00 earnings per share. View AutoZone's Earnings History.

AutoZone is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for AutoZone.

15 brokers have issued twelve-month price targets for AutoZone's shares. Their forecasts range from $491.13 to $985.00. On average, they anticipate AutoZone's share price to reach $881.1521 in the next year. This suggests that the stock has a possible downside of 4.2%. 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 5 hold ratings, 9 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 trended somewhat negative this week, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. AutoZone earned a daily sentiment score of -1.0 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock'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).

AutoZone's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.48%), Fiera Capital Corp (1.87%), Geode Capital Management LLC (1.40%), Northern Trust Corp (1.20%), Massachusetts Financial Services Co. MA (1.14%) and Two Sigma Advisers LP (1.08%). 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 Bessemer Group Inc., Massachusetts Financial Services Co. MA, Beutel Goodman & Co Ltd., Check Capital Management Inc. CA, Bank of America Corp DE, Fenimore Asset Management Inc., Kiltearn Partners LLP and Private Management Group 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 Two Sigma Advisers LP, Ackerman Capital Advisors LLC, Iridian Asset Management LLC CT, PNC Financial Services Group Inc., Investec Asset Management LTD, PGGM Investments, Bank of Montreal Can and Wedge Capital Management L L P NC. 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 $919.75.

AutoZone has a market capitalization of $23.18 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]