NYSE:AZO - AutoZone Stock Price, Price Target & More

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

AutoZone announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, March 21st 2018, which allows the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are often an indication that the company's board of directors believes its stock is undervalued.

AutoZone, Inc. (NYSE:AZO) released its quarterly earnings data on Tuesday, May, 22nd. The company reported $13.42 earnings per share for the quarter, beating analysts' consensus estimates of $12.99 by $0.43. The business earned $2.26 billion during the quarter, compared to analysts' expectations of $2.71 billion. AutoZone had a negative return on equity of 96.89% and a net margin of 12.27%. The company's revenue for the quarter was down 13.7% compared to the same quarter last year. During the same period in the previous year, the company posted $11.44 earnings per share. View AutoZone's Earnings History.

AutoZone is scheduled to release their next quarterly earnings announcement on Monday, September, 17th 2018. View Earnings Estimates for AutoZone.

20 brokers have issued twelve-month price objectives for AutoZone's shares. Their forecasts range from $491.13 to $850.00. On average, they expect AutoZone's stock price to reach $728.3831 in the next twelve months. This suggests a possible upside of 4.1% from the stock's current price. View Analyst Ratings for AutoZone.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AutoZone in the last year. There are currently 1 sell rating, 9 hold ratings, 9 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."

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).

Press coverage about AZO stock has been trending somewhat positive this week, according to Accern. The research group identifies negative and positive press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. AutoZone earned a news sentiment score of 0.06 on Accern's scale. They also assigned media coverage about the company an impact score of 45.61 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

AutoZone's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Fenimore Asset Management Inc. (0.38%), Bank of Montreal Can (0.26%), Manning & Napier Group LLC (0.23%), Kirr Marbach & Co. LLC IN (0.06%), Retirement Systems of Alabama (0.05%) and Assenagon Asset Management S.A. (0.03%). 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, Thomas B Newbern, 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 Empirical Finance LLC, Fenimore Asset Management Inc., Fjarde AP Fonden Fourth Swedish National Pension Fund, Retirement Systems of Alabama, Kirr Marbach & Co. LLC IN, Fisher Asset Management LLC, Carderock Capital Management Inc. and Winslow Evans & Crocker Inc.. 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, William Andrew Mckenna, William C Rhodes III, 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 Bank of Montreal Can, Manning & Napier Group LLC, Empowered Funds LLC, Assenagon Asset Management S.A., CHURCHILL MANAGEMENT Corp, CenturyLink Investment Management Co, Fox Run Management L.L.C. and IFM Investors Pty Ltd. 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 $699.94.

AutoZone has a market capitalization of $18.16 billion and generates $10.89 billion in revenue each year. The company earns $1.28 billion in net income (profit) each year or $43.04 on an earnings per share basis. AutoZone employs 87,000 workers across the globe.

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]