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 stock repurchase plan on Wednesday, September 26th 2018, which allows the company to repurchase $1,250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 6.1% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board of directors believes its stock is undervalued.

AutoZone, Inc. (NYSE:AZO) released its earnings results on Tuesday, September, 18th. The company reported $18.54 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $17.92 by $0.62. The company had revenue of $3.56 billion for the quarter, compared to the consensus estimate of $3.60 billion. AutoZone had a negative return on equity of 99.70% and a net margin of 11.92%. The firm's quarterly revenue was up 1.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $15.27 EPS. View AutoZone's Earnings History.

AutoZone is scheduled to release their next quarterly earnings announcement on Tuesday, December 4th 2018. View Earnings Estimates for AutoZone.

AutoZone will be holding an earnings conference call on Tuesday, December 4th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 2108398923.

18 Wall Street analysts have issued 12-month price objectives for AutoZone's shares. Their forecasts range from $491.13 to $880.00. On average, they anticipate AutoZone's stock price to reach $786.3206 in the next twelve months. This suggests that the stock has a possible downside of 5.0%. View Analyst Price Targets for AutoZone.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AutoZone in the last year. There are currently 7 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 somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. 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 news impact score of 1.0 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near term.

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 a variety of of retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (7.96%), BlackRock Inc. (7.32%), FMR LLC (5.30%), Nordea Investment Management AB (2.68%), Burgundy Asset Management Ltd. (2.41%) and Alliancebernstein L.P. (1.69%). 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 Nordea Investment Management AB, Massachusetts Financial Services Co. MA, Bessemer Group Inc., Beutel Goodman & Co Ltd., The Manufacturers Life Insurance Company , Point72 Asset Management L.P., Credit Suisse AG and Mitsubishi UFJ Trust & Banking Corp. 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, Rodney C Halsell, William Andrew Mckenna, William C Rhodes III, 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., Eagle Asset Management Inc., First Manhattan Co., Carillon Tower Advisers Inc., Alliancebernstein L.P., Victory Capital Management Inc. and TIAA CREF Investment Management LLC. 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 $827.99.

AutoZone has a market capitalization of $21.04 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]