NYSE:AZO - AutoZone Stock Price, Forecast & News

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

AutoZone declared that its board has initiated a share repurchase program on Wednesday, September 26th 2018, which allows the company to buyback $1,250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 6.1% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its shares are undervalued.

AutoZone, Inc. (NYSE:AZO) issued its earnings results on Tuesday, December, 10th. The company reported $14.30 EPS for the quarter, beating the consensus estimate of $13.74 by $0.56. The business earned $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. AutoZone had a net margin of 13.45% and a negative return on equity of 96.86%. AutoZone's revenue for the quarter was up 5.7% on a year-over-year basis. During the same period last year, the business posted $13.47 earnings per share. View AutoZone's Earnings History.

AutoZone is scheduled to release their next quarterly earnings announcement on Tuesday, March 3rd 2020. View Earnings Estimates for AutoZone.

AutoZone will be holding an earnings conference call on Tuesday, March 3rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

15 Wall Street analysts have issued 1 year price targets for AutoZone's stock. Their forecasts range from $1,030.00 to $1,415.00. On average, they expect AutoZone's share price to reach $1,263.75 in the next year. This suggests a possible upside of 25.7% from the stock's current price. 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 5 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for AutoZone.

News articles about AZO stock have been trending extremely negative on Friday, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. AutoZone earned a coverage optimism score of -4.4 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for AutoZone.

AutoZone saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 627,100 shares, a decrease of 7.9% from the January 15th total of 681,100 shares. Based on an average daily volume of 214,600 shares, the short-interest ratio is presently 2.9 days. Approximately 2.7% of the shares of the stock are short sold. View AutoZone's Current Options Chain.

Some companies that are related to AutoZone include O'Reilly Automotive (ORLY), CarMax (KMX), Advance Auto Parts (AAP), AutoNation (AN), Penske Automotive Group (PAG), Lithia Motors (LAD), Asbury Automotive Group (ABG), Monro (MNRO), Group 1 Automotive (GPI), PROSPECT CAPITAL 6.25 NTS (PBY), Sonic Automotive (SAH) and America's Car-Mart (CRMT).

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), Micron Technology (MU) and Belden (BDC).

AutoZone's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Wealth Quarterback LLC (223.80%), FMR LLC (5.51%), State Street Corp (4.67%), Fiera Capital Corp (2.54%), Geode Capital Management LLC (1.93%) and Boston Partners (1.91%). Company insiders that own AutoZone stock include Albert Saltiel, Charles Pleas III, Domingo Hurtado, Douglas H Brooks, Earl G Graves Jr, 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 Janus Henderson Group PLC, Investec Asset Management LTD, Schroder Investment Management Group, PGGM Investments, State Street Corp, Iridian Asset Management LLC CT, Massachusetts Financial Services Co. MA and Caisse DE Depot ET Placement DU Quebec. 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, Mark A Finestone, Philip B Daniele, Richard Craig Smith, Ronald B Griffin, Thomas B Newbern and William R Hackney. View Insider Buying and Selling for AutoZone.

AZO stock was acquired by a variety of institutional investors in the last quarter, including Wealth Quarterback LLC, Wealth Quarterback LLC, Fiera Capital Corp, Maj Invest Holding A S, Great West Life Assurance Co. Can, FMR LLC, Man Group plc and AJO LP. 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, Robinhood, Fidelity and Charles Schwab.

One share of AZO stock can currently be purchased for approximately $1,004.98.

AutoZone has a market capitalization of $23.95 billion and generates $11.86 billion in revenue each year. The company earns $1.62 billion in net income (profit) each year or $63.43 on an earnings per share basis. AutoZone employs 96,000 workers across the globe.View Additional Information About AutoZone.

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]