NYSE:AZOAutoZone Stock Price, Forecast & News

AutoZone's stock was trading at $1,089.03 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, AZO shares have increased by 7.6% and is now trading at $1,171.56.
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18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AutoZone in the last year. There are currently 4 hold ratings, 13 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
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AutoZone is scheduled to release its next quarterly earnings announcement on Tuesday, September 22nd 2020.
View our earnings forecast for AutoZone.

AutoZone, Inc. (NYSE:AZO) released its quarterly earnings data on Tuesday, May, 26th. The company reported $14.39 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $13.80 by $0.59. The company earned $2.78 billion during the quarter, compared to analysts' expectations of $2.65 billion. AutoZone had a negative return on equity of 91.18% and a net margin of 12.90%. AutoZone's revenue was down .1% compared to the same quarter last year. During the same quarter last year, the business posted $15.99 earnings per share.
View AutoZone's earnings history.

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

18 brokers have issued twelve-month price targets for AutoZone's stock. Their forecasts range from $1,015.00 to $1,415.00. On average, they anticipate AutoZone's stock price to reach $1,223.69 in the next twelve months. This suggests a possible upside of 4.4% from the stock's current price.
View analysts' price targets for AutoZone.

Media stories about AZO stock have been trending very negative this week, InfoTrie reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real-time. 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 media sentiment score of -3.5 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near future.
View the latest news about AutoZone.

AutoZone saw a drop in short interest in the month of July. As of July 31st, there was short interest totaling 350,100 shares, a drop of 11.3% from the July 15th total of 394,700 shares. Based on an average daily trading volume, of 234,800 shares, the days-to-cover ratio is currently 1.5 days. Currently, 1.5% of the shares of the stock are sold short.
View AutoZone's Short Interest.

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

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

AutoZone's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Swiss National Bank (0.53%), Robeco Institutional Asset Management B.V. (0.51%), LSV Asset Management (0.47%), Sumitomo Mitsui Trust Holdings Inc. (0.43%), Assenagon Asset Management S.A. (0.39%) and Russell Investments Group Ltd. (0.37%). Company insiders that own AutoZone stock include Albert Saltiel, Charles Pleas III, Domingo Hurtado, Earl G Graves Jr, Kristen C Wright, Mark A Finestone, Michael M Calbert, 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 Sumitomo Mitsui Trust Holdings Inc., Robeco Institutional Asset Management B.V., PNC Financial Services Group Inc., State of Michigan Retirement System, Hexavest Inc., NorthCoast Asset Management LLC, Russell Investments Group Ltd., and NN Investment Partners Holdings N.V.. Company insiders that have sold AutoZone company stock in the last year include Earl G Graves Jr, Kristen C Wright, Philip B Daniele, and William R Hackney.
View insider buying and selling activity for AutoZone.

AZO stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Ardevora Asset Management LLP, Unigestion Holding SA, First Eagle Investment Management LLC, Victory Capital Management Inc., Teacher Retirement System of Texas, Macquarie Group Ltd., and Candriam Luxembourg S.C.A..
View insider buying and selling activity 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 $1,171.56.

AutoZone has a market capitalization of $27.36 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.

The official website for AutoZone is 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]