NYSE:AZOAutoZone Stock Price, Forecast & News

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AutoZone in the last year. There are currently 4 hold ratings, 13 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for AutoZone.

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

AutoZone, Inc. (NYSE:AZO) released its quarterly earnings results 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 business earned $2.78 billion during the quarter, compared to the consensus estimate of $2.65 billion. AutoZone had a negative return on equity of 91.18% and a net margin of 12.90%. The business's revenue was down .1% on a year-over-year basis. During the same quarter in the previous year, the company posted $15.99 EPS. View AutoZone's earnings history.

AutoZone announced that its board has approved a stock buyback plan on Wednesday, September 26th 2018, which permits the company to buyback $1,250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 6.1% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board believes its stock is undervalued.

18 equities research analysts have issued 12-month price objectives for AutoZone's stock. Their forecasts range from $1,015.00 to $1,415.00. On average, they anticipate AutoZone's share price to reach $1,215.88 in the next twelve months. View analysts' price targets for AutoZone.

News articles about AZO stock have been trending positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded 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 2.1 on InfoTrie's scale. They also gave news articles 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 company's share price in the next few days. View the latest news about AutoZone.

AutoZone saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 459,200 shares, an increase of 11.5% from the June 15th total of 412,000 shares. Based on an average daily volume of 283,500 shares, the days-to-cover ratio is presently 1.6 days. Approximately 2.0% of the shares of the stock are sold short. View AutoZone's Current Options Chain.

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

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).

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

AutoZone's stock is owned by a variety of retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (0.12%), Manning & Napier Group LLC (0.10%), Envestnet Asset Management Inc. (0.10%), State of Alaska Department of Revenue (0.04%), LGT Capital Partners LTD. (0.04%) and Cardan Capital Partners LLC (0.03%). 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.

AZO stock was sold by a variety of institutional investors in the last quarter, including Hexavest Inc., Wedge Capital Management L L P NC, Envestnet Asset Management Inc., IFM Investors Pty Ltd, NuWave Investment Management LLC, Nelson Van Denburg & Campbell Wealth Management Group LLC, Hudson Valley Investment Advisors Inc. ADV, and Fulton Bank N. A.. Company insiders that have sold AutoZone company stock in the last year include Earl G Graves Jr, Kristen C Wright, Philip B Daniele, and William R Hackney. View insider buying and selling activity for AutoZone.

AZO stock was bought by a variety of institutional investors in the last quarter, including LGT Capital Partners LTD., Silverleafe Capital Partners LLC, Red Door Wealth Management LLC, State of Alaska Department of Revenue, American National Bank, Diversified Trust Co, Mount Yale Investment Advisors LLC, and Ellevest Inc.. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

AutoZone has a market capitalization of $0.00 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.

The official website for AutoZone is 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]