NYSE:AZO - AutoZone Stock Price, News, & Analysis

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

AutoZone declared that its board has approved a share repurchase plan on Wednesday, March 21st 2018, which allows the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board believes its stock is undervalued.

AutoZone, Inc. (NYSE:AZO) posted its quarterly earnings results on Tuesday, May, 22nd. The company reported $13.42 EPS for the quarter, topping analysts' consensus estimates of $12.99 by $0.43. The business earned $2.26 billion during the quarter, compared to analysts' expectations of $2.71 billion. AutoZone had a net margin of 12.27% and a negative return on equity of 96.89%. The business's revenue was down 13.7% on a year-over-year basis. During the same period in the prior year, the company posted $11.44 EPS. View AutoZone's Earnings History.

AutoZone is scheduled to release their next quarterly earnings announcement on Tuesday, September, 18th 2018. View Earnings Estimates for AutoZone.

20 brokerages have issued 1-year price targets for AutoZone's shares. Their predictions range from $491.13 to $875.00. On average, they expect AutoZone's share price to reach $742.89 in the next twelve months. This suggests that the stock has a possible downside of 2.9%. View Analyst Price Targets for AutoZone.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AutoZone in the last year. There are currently 7 hold ratings, 12 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." 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 stories about AZO stock have been trending somewhat positive on Monday, Accern reports. The research group rates the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. AutoZone earned a news and rumor sentiment score of 0.13 on Accern's scale. They also gave media headlines about the company an impact score of 47.89 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for AutoZone.

AutoZone's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.03%), FMR LLC (4.97%), Caisse DE Depot ET Placement DU Quebec (3.32%), Burgundy Asset Management Ltd. (2.33%), Massachusetts Financial Services Co. MA (1.99%) and Fiera Capital Corp (1.72%). 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, 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 Vulcan Value Partners LLC, Millennium Management LLC, Canada Pension Plan Investment Board, BlackRock Inc., Russell Investments Group Ltd., FMR LLC, TD Asset Management Inc. and OppenheimerFunds 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 bought by a variety of institutional investors in the last quarter, including American Century Companies Inc., Morgan Stanley, Unigestion Holding SA, Point72 Asset Management L.P., Marshall Wace LLP, Advisors Asset Management Inc., Tweedy Browne Co LLC and Bank of America Corp DE. 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 $765.34.

AutoZone has a market capitalization of $19.54 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]