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 has initiated 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 reacquire up to 6.1% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's leadership believes its shares are undervalued.

AutoZone, Inc. (NYSE:AZO) announced its earnings results on Tuesday, December, 4th. The company reported $13.47 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $12.21 by $1.26. The company earned $2.64 billion during the quarter, compared to analyst estimates of $2.64 billion. AutoZone had a negative return on equity of 102.31% and a net margin of 12.49%. The company's quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter last year, the company posted $10.00 earnings per share. View AutoZone's Earnings History.

AutoZone is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for AutoZone.

AutoZone will be holding an earnings conference call on Tuesday, February 26th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 2108398923.

15 Wall Street analysts have issued 12 month price targets for AutoZone's stock. Their predictions range from $491.13 to $985.00. On average, they anticipate AutoZone's share price to reach $881.1521 in the next year. This suggests that the stock has a possible downside of 3.3%. 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 6 hold ratings, 8 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for AutoZone.

News articles about AZO stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. AutoZone earned a news sentiment score of 1.7 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the company'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), Hawkins (HWKN), Chipotle Mexican Grill (CMG), BlackRock (BLK), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH), Accenture (ACN), Black Diamond Group (BDI) and Bank Of The Ozarks (OZRK).

AutoZone's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.48%), Nordea Investment Management AB (2.16%), Fiera Capital Corp (1.87%), Geode Capital Management LLC (1.40%), Northern Trust Corp (1.20%) and Massachusetts Financial Services Co. MA (1.14%). 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, 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 Nordea Investment Management AB, Bessemer Group Inc., Massachusetts Financial Services Co. MA, Beutel Goodman & Co Ltd., Check Capital Management Inc. CA, Bank of America Corp DE, Fenimore Asset Management Inc. and Kiltearn Partners LLP. Company insiders that have sold AutoZone company stock in the last year include Albert Saltiel, Charles Pleas III, Domingo Hurtado, Kristen C Wright, Philip B Daniele, Richard Craig Smith, Rodney C Halsell, Ronald B Griffin, 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 acquired by a variety of institutional investors in the last quarter, including Two Sigma Advisers LP, Ackerman Capital Advisors LLC, Iridian Asset Management LLC CT, PNC Financial Services Group Inc., Investec Asset Management LTD, PGGM Investments, Bank of Montreal Can and Wedge Capital Management L L P NC. 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 $911.36.

AutoZone has a market capitalization of $22.97 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]