Top-Rated StocksTop-RatedNYSE:AZO AutoZone (AZO) Stock Forecast, Price & News $2,381.23 +7.65 (+0.32%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$2,345.08▼$2,398.2650-Day Range$2,368.55▼$2,733.6552-Week Range$1,959.58▼$2,750.00Volume241,901 shsAverage Volume189,065 shsMarket Capitalization$43.81 billionP/E Ratio18.79Dividend YieldN/APrice Target$2,696.89 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability AutoZone MarketRank™ ForecastAnalyst RatingModerate Buy2.88 Rating ScoreUpside/Downside13.3% Upside$2,696.89 Price TargetShort InterestHealthy1.62% of Float Sold ShortDividend StrengthN/ASustainability-1.59Upright™ Environmental ScoreNews Sentiment0.28Based on 16 Articles This WeekInsider TradingSelling Shares$90.34 M Sold Last QuarterProj. Earnings Growth10.38%From $129.46 to $142.90 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.22 out of 5 starsRetail/Wholesale Sector96th out of 208 stocksAuto & Home Supply Stores Industry2nd out of 6 stocks 2.4 Analyst's Opinion Consensus RatingAutoZone has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 15 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $2,696.89, AutoZone has a forecasted upside of 13.3% from its current price of $2,381.23.Amount of Analyst CoverageAutoZone has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.62% of the float of AutoZone has been sold short.Short Interest Ratio / Days to CoverAutoZone has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in AutoZone has recently increased by 4.62%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldAutoZone does not currently pay a dividend.Dividend GrowthAutoZone does not have a long track record of dividend growth. Previous Next 1.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAutoZone has received a -27.46% net impact score from Upright. The largest negative impact of AutoZone in category "GHG emissions" seems to be driven mostly by its "Physical retail of automotive servicing tools at an auto parts store", "Physical retail of parts common to all road vehicles at an auto parts store", and "Physical retail of bus parts at an auto parts store" products. See details.Environmental SustainabilityThe Environmental Impact score for AutoZone is -1.59. Previous Next 2.9 News and Social Media Coverage News SentimentAutoZone has a news sentiment score of 0.28. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.44 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 16 news articles for AutoZone this week, compared to 7 articles on an average week.Search Interest20 people have searched for AZO on MarketBeat in the last 30 days. This is an increase of 82% compared to the previous 30 days.MarketBeat Follows9 people have added AutoZone to their MarketBeat watchlist in the last 30 days. This is an increase of 125% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, AutoZone insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $90,341,976.00 in company stock.Percentage Held by InsidersOnly 2.59% of the stock of AutoZone is held by insiders.Percentage Held by Institutions91.12% of the stock of AutoZone is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for AutoZone are expected to grow by 10.38% in the coming year, from $129.46 to $142.90 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of AutoZone is 18.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.81.Price to Earnings Ratio vs. SectorThe P/E ratio of AutoZone is 18.79, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 31.77.Price to Earnings Growth RatioAutoZone has a PEG Ratio of 1.56. PEG Ratios above 1 indicate that a company could be overvalued. Previous Next See Top Rated MarketRank™ Stocks Here About AutoZone (NYSE:AZO) StockAutoZone, 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.Read More Receive AZO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for AutoZone and its competitors with MarketBeat's FREE daily newsletter. Email Address AZO Stock News HeadlinesMay 23, 2023 | marketbeat.comAutoZone 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 upJune 4, 2023 | americanbankingnews.comInsider Selling: AutoZone, Inc. (NYSE:AZO) VP Sells 90 Shares of StockJune 4, 2023 | Legacy Research (Affiliate) (Ad)“Amazon Loophole” could hand you $28,544 in “royalty” payoutsThanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.June 4, 2023 | americanbankingnews.comAutoZone (NYSE:AZO) Lifted to "Neutral" at Bank of AmericaJune 3, 2023 | americanbankingnews.comBrokerages Set AutoZone, Inc. (NYSE:AZO) Target Price at $2,677.72June 2, 2023 | msn.comB of A Securities Upgrades Autozone (AZO)June 2, 2023 | americanbankingnews.comAutoZone (NYSE:AZO) Shares Gap Down After Analyst DowngradeJune 1, 2023 | msn.comWhy Shares in AutoZone Fell TodayJune 4, 2023 | Legacy Research (Affiliate) (Ad)“Amazon Loophole” could hand you $28,544 in “royalty” payoutsThanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.May 30, 2023 | finance.yahoo.comAuto Roundup: TSLA & F's Game-Changing Deal, AZO's Quarterly Results & MoreMay 30, 2023 | americanbankingnews.comAutoZone (NYSE:AZO) Price Target Cut to $3,020.00May 28, 2023 | finance.yahoo.comLooking to Build Wealth? Buy This Proven Growth StockMay 27, 2023 | americanbankingnews.comAutoZone (NYSE:AZO) Given New $2,886.00 Price Target at Truist FinancialMay 27, 2023 | americanbankingnews.comAutoZone (NYSE:AZO) Price Target Cut to $2,340.00 by Analysts at DA DavidsonMay 26, 2023 | americanbankingnews.comFY2024 Earnings Forecast for AutoZone, Inc. (NYSE:AZO) Issued By DA DavidsonMay 26, 2023 | americanbankingnews.comAutoZone (NYSE:AZO) PT Raised to $2,120.00 at Bank of AmericaMay 25, 2023 | americanbankingnews.comResearch Analysts Issue Forecasts for AutoZone, Inc.'s Q4 2023 Earnings (NYSE:AZO)May 25, 2023 | americanbankingnews.comAutoZone (NYSE:AZO) Shares Gap Down Following Analyst DowngradeMay 25, 2023 | americanbankingnews.comAutoZone (NYSE:AZO) PT Lowered to $2,840.00May 24, 2023 | msn.comB of A Securities Maintains Autozone (AZO) Underperform RecommendationMay 24, 2023 | markets.businessinsider.comAnalysts Offer Insights on Consumer Goods Companies: Allego (ALLG) and AutoZone (AZO)May 24, 2023 | msn.comEvercore ISI Group Maintains Autozone (AZO) In-Line RecommendationMay 24, 2023 | msn.comTruist Securities Maintains Autozone (AZO) Buy RecommendationMay 24, 2023 | msn.comGoldman Sachs Maintains Autozone (AZO) Buy RecommendationMay 24, 2023 | markets.businessinsider.comAutoZone (AZO) Receives a Rating Update from a Top AnalystMay 24, 2023 | finance.yahoo.comQ3 2023 Autozone Inc Earnings CallMay 24, 2023 | finance.yahoo.comAutoZone 3rd Quarter Same Store Sales Increase 1.9%; EPS Increases to $34.12See More Headlines AZO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AZO Company Calendar Last Earnings5/23/2023Today6/04/2023Fiscal Year End8/31/2023Next Earnings (Estimated)9/18/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Auto & home supply stores Sub-IndustryAutomotive Retail SectorRetail/Wholesale Current SymbolNYSE:AZO CUSIP05333210 CIK866787 Webwww.autozone.com Phone(901) 495-6500Fax901-495-8300Employees112,000Year Founded1979Price Target and Rating Average Stock Price Forecast$2,696.89 High Stock Price Forecast$3,020.00 Low Stock Price Forecast$2,330.00 Forecasted Upside/Downside+13.3%Consensus RatingModerate Buy Rating Score (0-4)2.88 Research Coverage17 Analysts Profitability EPS (Most Recent Fiscal Year)$126.72 Trailing P/E Ratio18.79 Forward P/E Ratio18.39 P/E Growth1.56Net Income$2.43 billion Net Margins14.45% Pretax Margin18.08% Return on Equity-64.19% Return on Assets16.08% Debt Debt-to-Equity RatioN/A Current Ratio0.79 Quick Ratio0.12 Sales & Book Value Annual Sales$16.25 billion Price / Sales2.70 Cash Flow$147.90 per share Price / Cash Flow16.10 Book Value($181.60) per share Price / Book-13.11Miscellaneous Outstanding Shares18,400,000Free Float17,921,000Market Cap$43.81 billion OptionableOptionable Beta0.68 Social Links Key ExecutivesWilliam C. RhodesChairman, President & Chief Executive OfficerJamere JacksonCFO, Executive VP-Finance & Store DevelopmentThomas B. NewbernEVP-Store Operations & Information TechnologyK. Michelle BorninkhofChief Information Officer & Senior Vice PresidentAlex OliphantDirector-Research & Business AnalysisKey CompetitorsO'Reilly AutomotiveNASDAQ:ORLYDollar GeneralNYSE:DGJD.comNASDAQ:JDYum! BrandsNYSE:YUMRoss StoresNASDAQ:ROSTView All CompetitorsInsiders & InstitutionsOntario Teachers Pension Plan BoardSold 97 shares on 6/1/2023Ownership: 0.005%Domingo HurtadoSold 90 sharesTotal: $213,884.10 ($2,376.49/share)ProShare Advisors LLCBought 342 shares on 5/26/2023Ownership: 0.015%Sheets Smith Wealth ManagementSold 18 shares on 5/26/2023Ownership: 0.001%Empower Advisory Group LLCBought 111 shares on 5/25/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions AZO Stock - Frequently Asked Questions Should I buy or sell AutoZone stock right now? 17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AutoZone in the last twelve months. There are currently 2 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street 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 equities research analysts have issued twelve-month price objectives for AutoZone's stock. Their AZO share price forecasts range from $2,330.00 to $3,020.00. On average, they expect the company's stock price to reach $2,696.89 in the next twelve months. This suggests a possible upside of 13.3% 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 start of the year. Since then, AZO stock has decreased by 3.4% and is now trading at $2,381.23. View the best growth stocks for 2023 here. When is AutoZone's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, September 18th 2023. View our AZO earnings forecast. How were AutoZone's earnings last quarter? AutoZone, Inc. (NYSE:AZO) announced its quarterly earnings data on Tuesday, May, 23rd. The company reported $34.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $30.84 by $3.28. The firm 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 64.19% and a net margin of 14.45%. AutoZone's revenue was up 11.0% on a year-over-year basis. During the same quarter last year, the business posted $29.03 EPS. Read the conference call transcript. What ETFs hold AutoZone's stock? ETFs with the largest weight of AutoZone (NYSE:AZO) stock in their portfolio include Hennessy Stance ESG Large Cap ETF (STNC), AB US Low Volatility Equity ETF (LOWV), VanEck Retail ETF (RTH), SEI Enhanced U.S. Large Cap Momentum Factor ETF (SEIM), ASYMmetric Smart S&P 500 ETF (ASPY), Alpha Intelligent - Large Cap Growth ETF (AILG), Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD) and iShares U.S. Consumer Focused ETF (IEDI). 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 a number of 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 $2,381.23. How much money does AutoZone make? AutoZone (NYSE:AZO) has a market capitalization of $43.81 billion and generates $16.25 billion in revenue each year. The company earns $2.43 billion in net income (profit) each year or $126.72 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 6/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding AutoZone, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.