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

AutoZone, Inc. (NYSE:AZO) posted its quarterly earnings results on Tuesday, February, 26th. The company reported $11.49 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $9.97 by $1.52. The company earned $2.45 billion during the quarter, compared to the consensus estimate of $2.45 billion. AutoZone had a negative return on equity of 98.24% and a net margin of 12.49%. AutoZone's revenue was up 1.6% compared to the same quarter last year. During the same period in the previous year, the company posted $8.47 earnings per share. View AutoZone's Earnings History.

AutoZone is scheduled to release their next quarterly earnings announcement on Tuesday, May 28th 2019. View Earnings Estimates for AutoZone.

15 Wall Street analysts have issued 1-year price objectives for AutoZone's stock. Their forecasts range from $491.13 to $1,206.00. On average, they anticipate AutoZone's stock price to reach $974.6087 in the next year. This suggests that the stock has a possible downside of 6.5%. View Analyst Price Targets for AutoZone.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AutoZone in the last year. There are currently 4 hold ratings, 10 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for AutoZone.

Media headlines about AZO stock have trended neutral this week, according to InfoTrie. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. AutoZone earned a news sentiment score of 0.3 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely 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).

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), Och-Ziff Capital Management Group (OZM), Gran Tierra Energy (GTE) and Belden (BDC).

AutoZone's stock is owned by many different of institutional and retail investors. Top institutional investors include Investec Asset Management LTD (1.01%), First Manhattan Co. (0.74%), PGGM Investments (0.31%), Manning & Napier Group LLC (0.24%), Hexavest Inc. (0.23%) and Fenimore Asset Management Inc. (0.20%). 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, Ronald B Griffin, Thomas B Newbern, 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 Los Angeles Capital Management & Equity Research Inc., Fenimore Asset Management Inc., QV Investors Inc., Manning & Napier Group LLC, First Quadrant L P CA, Virtu Financial LLC, Pensionfund Sabic and Camelot Portfolios LLC. Company insiders that have sold AutoZone company stock in the last year include Albert Saltiel, Charles Pleas III, Domingo Hurtado, Earl G Graves Jr, Kristen C Wright, Philip B Daniele, Richard Craig Smith, Rodney C Halsell, Ronald B Griffin, Thomas B Newbern, 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 bought by a variety of institutional investors in the last quarter, including Investec Asset Management LTD, Hexavest Inc., First Manhattan Co., Investec Asset Management North America Inc., W.E. Donoghue & Co. LLC, BNP Paribas Arbitrage SA, Pacer Advisors Inc. and PGGM Investments. 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 $1,042.35.

AutoZone has a market capitalization of $25.94 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]