NYSE:AZO

AutoZone Stock Forecast, Price & News

Top-Rated Stocks

$1,227.16

-19.25 (-1.54 %)

(As of 01/22/2021 12:00 AM ET)

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Today's Range

$1,225.37

Now: $1,227.16▼

$1,241.39

50-Day Range

$1,095.99

MA: $1,200.86▼

$1,282.15

52-Week Range

$684.91

Now: $1,227.16▼

$1,297.82

Volume181,321 shs

Average Volume220,387 shs

Market Capitalization$27.93 billion

P/E Ratio16.08

Dividend YieldN/A

Beta0.83

AutoZone, Inc. retails and distributes automotive replacement parts and accessories. The company offers various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. Its products include A/C compressors, batteries and accessories, bearings, belts and hoses, calipers, chassis, clutches, CV axles, engines, fuel pumps, fuses, ignition and lighting products, mufflers, radiators, starters and alternators, thermostats, and water pumps. The company also offers maintenance products, such as antifreeze and windshield washer fluids; brake drums, rotors, shoes, and pads; brake and power steering fluids, and oil and fuel additives; oil and transmission fluids; oil, cabin, air, fuel, and transmission filters; oxygen sensors; paints and accessories; refrigerants and accessories; shock absorbers and struts; spark plugs and wires; and windshield wipers, as well as air fresheners, cell phone accessories, drinks and snacks, floor mats and seat covers, interior and exterior accessories, mirrors, performance products, protectants and cleaners, sealants and adhesives, steering wheel covers, stereos and radios, tools, and wash and wax products. In addition, it provides a sales program that offers commercial credit and delivery of parts and other products; and towing and tire repair services. Further, it sells automotive diagnostic and repair software under the ALLDATA brand through alldata.com and alldatadiy.com; and automotive hard parts, maintenance items, accessories, and non-automotive products through autozone.com. As of August 29, 2020, it operated 5,885 stores in the United States; 621 stores in Mexico; and 43 stores in Brazil. AutoZone, Inc. was founded in 1979 and is based in Memphis, Tennessee.

MarketRank^™

Overall MarketRank^™

1.65 out of 5 stars

Retail/Wholesale Sector

66th out of 383 stocks

Auto & Home Supply Stores Industry

3rd out of 7 stocks

1.5 Analyst's Opinion

Consensus Rating
AutoZone has received a consensus rating of Buy. The company's average rating score is 2.95, and is based on 16 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $1,329.75, AutoZone has a forecasted upside of 8.4% from its current price of $1,227.16.
Amount of Analyst Coverage
AutoZone has only been the subject of 2 research reports in the past 90 days.

2.6 Community Rank

Outperform Votes
AutoZone has received 660 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
AutoZone has received 611 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
AutoZone has received 51.93% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about AutoZone and other stocks. Vote “Outperform” if you believe AZO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AZO will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
AutoZone does not currently pay a dividend.
Dividend Growth
AutoZone does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In 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 $56,705,108.00 in company stock.
Percentage Held by Insiders
Only 2.80% of the stock of AutoZone is held by insiders.
Percentage Held by Institutions
91.56% of the stock of AutoZone is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for AutoZone are expected to grow by 12.09% in the coming year, from $75.00 to $84.07 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of AutoZone is 16.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of AutoZone is 16.08, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 34.12.
Price to Earnings Growth Ratio
AutoZone has a PEG Ratio of 2.95. PEG Ratios above 1 indicate that a company could be overvalued.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Auto & home supply stores

Sub-IndustryAutomotive Retail

SectorRetail/Wholesale

Current SymbolNYSE:AZO

Previous Symbol

CUSIP05333210

CIK866787

Webwww.autozone.com

Phone901-495-6500

Employees60,000

Debt

Debt-to-Equity RatioN/A

Current Ratio1.06

Quick Ratio0.34

Price-To-Earnings

Trailing P/E Ratio16.08

Forward P/E Ratio16.36

P/E Growth2.95

Sales & Book Value

Annual Sales$12.63 billion

Price / Sales2.21

Cash Flow$90.17 per share

Price / Cash Flow13.61

Book Value($37.60) per share

Price / Book-32.64

Profitability

EPS (Most Recent Fiscal Year)$71.93

Net Income$1.73 billion

Net Margins14.05%

Return on Equity-139.08%

Return on Assets13.33%

Miscellaneous

Outstanding Shares22,759,000

Market Cap$27.93 billion

Next Earnings Date3/2/2021 (Estimated)

OptionableOptionable

$1,227.16

-19.25 (-1.54 %)

(As of 01/22/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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AutoZone (NYSE:AZO) Frequently Asked Questions

How has AutoZone's stock been impacted by Coronavirus (COVID-19)?

AutoZone's stock was trading at $1,089.03 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, AZO stock has increased by 12.7% and is now trading at $1,227.16.
View which stocks have been most impacted by COVID-19.

Is AutoZone a buy right now?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AutoZone in the last year. There are currently 3 hold ratings, 16 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AutoZone stock.
View analyst ratings for AutoZone or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than AutoZone?

Wall Street analysts have given AutoZone a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but AutoZone wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Larry J. Merlo's approval rating as AutoZone's CEO?

6,978 employees have rated AutoZone CEO Larry J. Merlo on Glassdoor.com. Larry J. Merlo has an approval rating of 37% among AutoZone's employees. This puts Larry J. Merlo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

When is AutoZone's next earnings date?

AutoZone is scheduled to release its next quarterly earnings announcement on Tuesday, March 2nd 2021.
View our earnings forecast for AutoZone.

How were AutoZone's earnings last quarter?

AutoZone, Inc. (NYSE:AZO) posted its earnings results on Monday, December, 7th. The company reported $18.61 EPS for the quarter, topping the consensus estimate of $17.72 by $0.89. The firm earned $3.15 billion during the quarter, compared to analysts' expectations of $2.85 billion. AutoZone had a negative return on equity of 139.08% and a net margin of 14.05%. The company's revenue for the quarter was up 12.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $14.30 earnings per share.
View AutoZone's earnings history.

What price target have analysts set for AZO?

21 equities research analysts have issued 12 month price targets for AutoZone's shares. Their forecasts range from $1,015.00 to $1,570.00. On average, they expect AutoZone's stock price to reach $1,329.75 in the next twelve months. This suggests a possible upside of 8.4% from the stock's current price.
View analysts' price targets for AutoZone or view Wall Street analyst' top-rated stocks.

Who are some of AutoZone's key competitors?

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), Group 1 Automotive (GPI), Sonic Automotive (SAH), Monro (MNRO), Prospect Capital (PBY) and America's Car-Mart (CRMT).
View all of AZO's competitors.

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 Co. (ATH.TO) (ATH), Micron Technology (MU), Accenture (ACN) and Och-Ziff Capital Management Group (OZM).

Who are AutoZone's key executives?

AutoZone's management team includes the following people:

Mr. William C. Rhodes III, Chairman, Pres & CEO (Age 56, Pay $4.17M)
Mr. Mark A. Finestone, Exec. VP of Merchandising, Supply Chain, Marketing & eCommerce (Age 60, Pay $1.44M)
Mr. Thomas B. Newbern, Exec. VP of Store Operations, Commercial, Loss Prevention, ALLDATA & Customer Satisfaction (Age 59, Pay $1.42M)
Mr. Philip B. Daniele, Sr. VP, Commercial, Customer Satisfaction (Age 52, Pay $844.11k)
Mr. Jamere Jackson, Exec. VP, CFO, Fin. & Store Devel. and Customer Satisfaction (Age 52)
Mr. Ronald B. Griffin, Sr. VP, Chief Information Officer & Customer Satisfaction (Age 67)
Brian L. Campbell, VP of Tax, Treasury & Investor Relations
Ms. Kristen Collier Wright, Sr. VP, Gen. Counsel, Sec. & Customer Satisfaction (Age 45)
Mr. Richard C. Smith, Sr. VP of HR & Customer Satisfaction (Age 57)
Mr. Albert Saltiel, Sr. VP of Marketing, E-Commerce & Customer Satisfaction (Age 57)

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 variety of retail and institutional investors. Top institutional investors include Maj Invest Holding A S (0.32%), LGT Capital Partners LTD. (0.22%), Ardevora Asset Management LLP (0.21%), Wedge Capital Management L L P NC (0.11%), Manning & Napier Group LLC (0.11%) and Boston Trust Walden Corp (0.10%). 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, Mitchell C Major, Philip B Daniele, Richard Craig Smith, Ronald B Griffin, Thomas B Newbern, William C Rhodes III, William R Hackney and William T Giles.
View institutional ownership trends for AutoZone.

Which major investors are selling AutoZone stock?

AZO stock was sold by a variety of institutional investors in the last quarter, including British Airways Pensions Investment Management Ltd, Candriam Luxembourg S.C.A., State of Alaska Department of Revenue, Crossmark Global Holdings Inc., Sawgrass Asset Management LLC, Kirr Marbach & Co. LLC IN, Pendal Group Limited, and Diversified Trust Co. Company insiders that have sold AutoZone company stock in the last year include Albert Saltiel, Charles Pleas III, Domingo Hurtado, Kristen C Wright, Mitchell C Major, Philip B Daniele, Ronald B Griffin, Thomas B Newbern, William C Rhodes III, and William T Giles.
View insider buying and selling activity for AutoZone or view top insider-selling stocks.

Which major investors are buying AutoZone stock?

AZO stock was bought by a variety of institutional investors in the last quarter, including LGT Capital Partners LTD., Maj Invest Holding A S, Ardevora Asset Management LLP, Pacer Advisors Inc., International Assets Investment Management LLC, Denali Advisors LLC, Hendley & Co. Inc., and Boston Trust Walden Corp.
View insider buying and selling activity for AutoZone or or view top insider-buying stocks.

How do I buy shares of AutoZone?

Shares of AZO 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.

What is AutoZone's stock price today?

One share of AZO stock can currently be purchased for approximately $1,227.16.

How big of a company is AutoZone?

AutoZone has a market capitalization of $27.93 billion and generates $12.63 billion in revenue each year. The company earns $1.73 billion in net income (profit) each year or $71.93 on an earnings per share basis. AutoZone employs 60,000 workers across the globe.

What is AutoZone's official website?

The official website for AutoZone is www.autozone.com.

How can I contact AutoZone?

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]

This page was last updated on 1/23/2021 by MarketBeat.com Staff

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