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

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

AutoZone announced that its board has initiated a stock repurchase program on Wednesday, March 21st 2018, which allows the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's leadership believes its shares are undervalued.

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

19 Wall Street analysts have issued twelve-month target prices for AutoZone's shares. Their predictions range from $491.13 to $850.00. On average, they expect AutoZone's share price to reach $730.2581 in the next year. This suggests a possible upside of 2.2% from the stock's current price. View Analyst Ratings for AutoZone.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AutoZone in the last year. There are currently 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).

News stories about AZO stock have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. AutoZone earned a news sentiment score of 0.11 on Accern's scale. They also assigned news headlines about the company an impact score of 45.11 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

AutoZone's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Fenimore Asset Management Inc. (0.38%), Bank of Montreal Can (0.26%), Manning & Napier Group LLC (0.23%), Kirr Marbach & Co. LLC IN (0.06%), Retirement Systems of Alabama (0.05%) and Westpac Banking Corp (0.05%). 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 Fred Alger Management Inc., Pendal Group Ltd, Hartford Investment Management Co., Empirical Finance LLC, Fenimore Asset Management Inc., Fjarde AP Fonden Fourth Swedish National Pension Fund, Retirement Systems of Alabama and Westpac Banking Corp. 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 Bank of Montreal Can, Manning & Napier Group LLC, Empowered Funds LLC, Assenagon Asset Management S.A., CHURCHILL MANAGEMENT Corp, CenturyLink Investment Management Co, Fox Run Management L.L.C. and Nisa Investment Advisors LLC. 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 $714.35.

AutoZone has a market capitalization of $18.93 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]