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 authorized a stock repurchase plan on Wednesday, March 21st 2018, which allows the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board believes its shares are undervalued.

AutoZone, Inc. (NYSE:AZO) issued its quarterly earnings results on Tuesday, May, 22nd. The company reported $13.42 earnings per share for the quarter, topping analysts' consensus estimates of $12.99 by $0.43. The firm had revenue of $2.26 billion for 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%. AutoZone's revenue for the quarter was down 13.7% compared to the same quarter last year. During the same quarter last year, the business earned $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.

21 equities research analysts have issued 12-month target prices for AutoZone's shares. Their predictions range from $491.13 to $850.00. On average, they expect AutoZone's share price to reach $724.6331 in the next twelve months. View Analyst Ratings for AutoZone.

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).

Headlines about AZO stock have trended somewhat positive this week, Accern reports. Accern scores the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. AutoZone earned a news sentiment score of 0.18 on Accern's scale. They also assigned news coverage about the company an impact score of 46.47 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

AutoZone's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.00%), JPMorgan Chase & Co. (6.58%), Caisse DE Depot ET Placement DU Quebec (3.02%), Burgundy Asset Management Ltd. (2.21%), Massachusetts Financial Services Co. MA (1.99%) and Fiera Capital Corp (1.67%). 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, Ronald B Griffin, 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 Millennium Management LLC, Massachusetts Financial Services Co. MA, Wells Fargo & Company MN, Mawer Investment Management Ltd., Manning & Napier Group LLC, The Manufacturers Life Insurance Company, OMERS ADMINISTRATION Corp and Envestnet Asset Management 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 acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BlackRock Inc., Caisse DE Depot ET Placement DU Quebec, Allianz Asset Management GmbH, Allianz Asset Management GmbH, Russell Investments Group Ltd., Todd Asset Management LLC and Prudential Financial Inc.. 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 $690.06.

AutoZone has a market capitalization of $18.15 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]