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 approved a stock repurchase plan on Wednesday, March 21st 2018, which authorizes the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company's management believes its stock is undervalued.

AutoZone, Inc. (NYSE:AZO) posted its quarterly earnings results on Tuesday, May, 22nd. The company reported $13.42 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $12.99 by $0.43. The business 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 business's revenue for the quarter was down 13.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $11.44 EPS. 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.

21 brokerages have issued 12-month target prices for AutoZone's shares. Their forecasts range from $491.13 to $850.00. On average, they expect AutoZone's share price to reach $724.6331 in the next twelve months. View Analyst Ratings for AutoZone.

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 articles about AZO stock have been trending somewhat positive recently, according to Accern. The research firm rates the sentiment of press 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 media sentiment score of 0.19 on Accern's scale. They also assigned headlines about the company an impact score of 46.59 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

AutoZone's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.00%), JPMorgan Chase & Co. (6.58%), Caisse DE Depot ET Placement DU Quebec (3.02%), Burgundy Asset Management Ltd. (2.21%), Massachusetts Financial Services Co. MA (1.99%) and Fiera Capital Corp (1.67%). 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, Ronald B Griffin, 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 Millennium Management LLC, Massachusetts Financial Services Co. MA, Wells Fargo & Company MN, Mawer Investment Management Ltd., Manning & Napier Group LLC, The Manufacturers Life Insurance Company, OMERS ADMINISTRATION Corp and Envestnet Asset Management Inc.. 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 JPMorgan Chase & Co., BlackRock Inc., Caisse DE Depot ET Placement DU Quebec, Allianz Asset Management GmbH, Allianz Asset Management GmbH, Russell Investments Group Ltd., Todd Asset Management LLC and Prudential Financial Inc.. 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 $690.06.

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]