NYSE:AZO - AutoZone Stock Price, News, & Analysis

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$978.99 +3.40 (+0.35 %)
(As of 03/20/2019 08:59 AM ET)
Previous Close$975.59
Today's Range$976.38 - $988.24
52-Week Range$590.76 - $988.24
Volume315,334 shs
Average Volume366,758 shs
Market Capitalization$24.37 billion
P/E Ratio19.45
Dividend YieldN/A
Beta0.68
AutoZone, Inc. retails and distributes automotive replacement parts and accessories. The company offers various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. Its products include A/C compressors, batteries and accessories, bearings, belts and hoses, calipers, carburetors, chassis, clutches, CV axles, engines, fuel pumps, fuses, ignition and lighting products, mufflers, radiators, starters and alternators, thermostats, and water pumps. The company also offers maintenance products, such as antifreeze and windshield washer fluids; brake drums, rotors, shoes, and pads; brake and power steering fluids, and oil and fuel additives; oil and transmission fluids; oil, air, fuel, and transmission filters; oxygen sensors; paints and accessories; refrigerants and accessories; shock absorbers and struts; spark plugs and wires; and windshield wipers, as well as air fresheners, cell phone accessories, drinks and snacks, floor mats and seat covers, interior and exterior accessories, mirrors, performance products, protectants and cleaners, sealants and adhesives, steering wheel covers, stereos and radios, tools, and wash and wax products. In addition, it provides a sales program that offers commercial credit and delivery of parts and other products; and tire repair services. Further, it sells automotive diagnostic and repair software under the ALLDATA brand through alldata.com and alldatadiy.com; and automotive hard parts, maintenance items, accessories, and non-automotive products through autozone.com. As of August 25, 2018, it operated 5,618 stores in the United States, including Puerto Rico; 564 stores in Mexico; 20 stores in Brazil; and 26 Interamerican Motor Corporation branches. AutoZone, Inc. was founded in 1979 and is based in Memphis, Tennessee.

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Industry, Sector and Symbol

Industry Auto & home supply stores
Sub-IndustryAutomotive Retail
SectorRetail/Wholesale
CUSIP05333210
Phone901-495-6500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$11.22 billion
Cash Flow$65.8366 per share
Book Value($64.06) per share

Profitability

Net Income$1.34 billion

Miscellaneous

Employees90,000
Market Cap$24.37 billion
Next Earnings Date5/28/2019 (Estimated)
OptionableOptionable

AutoZone (NYSE:AZO) Frequently Asked Questions

What is AutoZone's stock symbol?

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

How will AutoZone's stock buyback program work?

AutoZone declared 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 shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 6.1% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's leadership believes its stock is undervalued.

How were AutoZone's earnings last quarter?

AutoZone, Inc. (NYSE:AZO) announced its quarterly earnings results on Tuesday, February, 26th. The company reported $11.49 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $9.98 by $1.51. The company earned $2.45 billion during the quarter, compared to analysts' expectations of $2.45 billion. AutoZone had a net margin of 12.49% and a negative return on equity of 98.24%. AutoZone's revenue was up 1.6% on a year-over-year basis. During the same quarter last year, the business posted $8.47 earnings per share. View AutoZone's Earnings History.

When is AutoZone's next earnings date?

AutoZone is scheduled to release their next quarterly earnings announcement on Tuesday, May 28th 2019. View Earnings Estimates for AutoZone.

What price target have analysts set for AZO?

15 Wall Street analysts have issued twelve-month price objectives for AutoZone's stock. Their predictions range from $491.13 to $1,050.00. On average, they anticipate AutoZone's share price to reach $933.4087 in the next year. This suggests that the stock has a possible downside of 4.7%. View Analyst Price Targets for AutoZone.

What is the consensus analysts' recommendation for AutoZone?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AutoZone in the last year. There are currently 4 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.

What are Wall Street analysts saying about AutoZone stock?

Here are some recent quotes from research analysts about AutoZone stock:
  • 1. Wells Fargo & Co analysts commented, "Helped by 5% growth in VOI sales, WYND reported 4Q18 further adjusted EBITDA of $240M, compared to our/Street’s estimates of $239M/$240M. Tours saw a 2% YoY increase while VPG improved 3% and provision for loan losses of 19.3% remained flat YoY. FY2019 guidance calls for revenues of $4,120M-$4,220M (+6% YoY), vs. our/ Street’s $4,143M/$4,157M and adjusted EBITDA of $995M-$1,015M (+5% YoY), vs. our/Street’s $1,025M/$1006M. First-quarter 2019 could see modest revenue growth, as tour growth in 1Q19 (1%-2% YoY) will be soft—new sales centers ramping in 2Q-3Q—and lower exchange revenue per member. We adjust our 2019E EBITDA to $1,005M from $1,025M. Maintain Outperform." (2/26/2019)
  • 2. According to Zacks Investment Research, "Of late, the Zacks Consensus Estimate for AutoZone’s fiscal 2019 is moving up. The company’s revenue is driven by both Do-It-Yourself (DIY) retail and commercial (DIFM) businesses. For fiscal 2019, AutoZone is expected to witness year-over-year growth on the back of new programs in commercial business, store openings and improving online presence. Moreover, it frequently opens new stores and distribution centers to improve market coverage. Over the past three months, shares of AutoZone have outperformed the industry it belongs to. However, continuous rise in capital and operating expenses due to frequent opening of distribution centers and wage expenses are concerns for AutoZone." (2/13/2019)

Has AutoZone been receiving favorable news coverage?

Media coverage about AZO stock has been trending somewhat negative this week, InfoTrie Sentiment reports. The research group scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. AutoZone earned a news sentiment score of -1.1 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an impact on the company's share price in the near future.

Who are some of AutoZone's key competitors?

What other stocks do shareholders of AutoZone own?

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), Micron Technology (MU) and Black Diamond Group (BDI).

Who are AutoZone's key executives?

AutoZone's management team includes the folowing people:
  • Mr. William C. Rhodes III, Chairman, Pres & CEO (Age 54)
  • Mr. William T. Giles, CFO and Exec. VP of Fin., Information Technology, ALLDATA & Store Devel. (Age 60)
  • Mr. Mark A. Finestone, Exec. VP of Merchandising, Supply Chain & Marketing (Age 58)
  • Mr. Thomas B. Newbern, Exec. VP of Store Operations, Commercial, Loss Prevention & ALLDATA (Age 57)
  • Mr. Ronald B. Griffin, Sr. VP & Chief Information Officer (Age 65)

Who are AutoZone's major shareholders?

AutoZone's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.48%), FMR LLC (5.57%), Nordea Investment Management AB (2.16%), Fiera Capital Corp (1.87%), Geode Capital Management LLC (1.40%) and Northern Trust Corp (1.20%). 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.

Which major investors are selling AutoZone stock?

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, American Century Companies Inc., Beutel Goodman & Co Ltd., Check Capital Management Inc. CA, Bank of America Corp DE and Fenimore Asset Management Inc.. 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.

Which major investors are buying AutoZone stock?

AZO stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Two Sigma Advisers LP, Ackerman Capital Advisors LLC, Iridian Asset Management LLC CT, PNC Financial Services Group Inc., Investec Asset Management LTD, PGGM Investments and FMR 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.

How do I buy shares of 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.

What is AutoZone's stock price today?

One share of AZO stock can currently be purchased for approximately $978.99.

How big of a company is AutoZone?

AutoZone has a market capitalization of $24.37 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.

What is AutoZone's official website?

The official website for AutoZone is http://www.autozone.com.

How can I contact AutoZone?

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]


MarketBeat Community Rating for AutoZone (NYSE AZO)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  552 (Vote Outperform)
Underperform Votes:  548 (Vote Underperform)
Total Votes:  1,100
MarketBeat's community ratings are surveys of what our community members think about AutoZone and other stocks. Vote "Outperform" if you believe AZO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AZO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/20/2019 by MarketBeat.com Staff

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