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 has authorized a share buyback program on Wednesday, September 26th 2018, which allows the company to repurchase $1,250,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 6.1% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's board of directors believes its shares are undervalued.

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

14 brokerages have issued twelve-month price objectives for AutoZone's stock. Their forecasts range from $491.13 to $985.00. On average, they expect AutoZone's stock price to reach $872.01 in the next twelve months. This suggests a possible upside of 0.1% from the stock's current price. View Analyst Price Targets for AutoZone.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AutoZone in the last year. There are currently 4 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.

News headlines about AZO stock have been trending somewhat positive recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. AutoZone earned a news impact score of 1.0 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely 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 many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.18%), Vanguard Group Inc (9.18%), JPMorgan Chase & Co. (7.96%), BlackRock Inc. (7.32%), FMR LLC (5.30%) and Nordea Investment Management AB (2.68%). 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, 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 Nordea Investment Management AB, Massachusetts Financial Services Co. MA, Morgan Stanley, Bessemer Group Inc., Beutel Goodman & Co Ltd., The Manufacturers Life Insurance Company, Point72 Asset Management L.P. and Credit Suisse AG. Company insiders that have sold AutoZone company stock in the last year include Albert Saltiel, Charles Pleas III, Domingo Hurtado, James C Griffith, Kristen C Wright, Philip B Daniele, Richard Craig Smith, Rodney C Halsell, 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 Renaissance Technologies LLC, JPMorgan Chase & Co., Clearbridge Investments LLC, Eagle Asset Management Inc., First Manhattan Co., Carillon Tower Advisers Inc., Alliancebernstein L.P. and Victory Capital Management 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 $871.24.

AutoZone has a market capitalization of $22.27 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]