NYSE:AZOAutoZone Stock Price, Forecast & News

AutoZone's stock was trading at $1,089.03 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, AZO stock has increased by 9.8% and is now trading at $1,196.05.
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19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AutoZone in the last year. There are currently 4 hold ratings, 14 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for AutoZone.

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 results on Tuesday, May, 26th. The company reported $14.39 earnings per share for the quarter, topping the Zacks' consensus estimate of $13.80 by $0.59. The business had revenue of $2.78 billion for the quarter, compared to analysts' expectations of $2.65 billion. AutoZone had a net margin of 12.90% and a negative return on equity of 91.18%. The firm's revenue was down .1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $15.99 earnings per share.
View AutoZone's earnings history.

AutoZone announced that its Board of Directors has initiated a stock buyback program on Wednesday, September 26th 2018, which permits the company to repurchase $1,250,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 6.1% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's leadership believes its stock is undervalued.

19 analysts have issued 12 month target prices for AutoZone's shares. Their forecasts range from $1,015.00 to $1,415.00. On average, they anticipate AutoZone's stock price to reach $1,232.88 in the next year. This suggests a possible upside of 3.1% from the stock's current price.
View analysts' price targets for AutoZone.

Headlines about AZO stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. AutoZone earned a news sentiment score of 0.6 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future.
View the latest news about AutoZone.

AutoZone saw a decline in short interest in June. As of June 30th, there was short interest totaling 394,700 shares, a decline of 14.0% from the June 15th total of 459,200 shares. Based on an average trading volume of 249,700 shares, the short-interest ratio is presently 1.6 days. Currently, 1.7% of the company's stock are short sold.
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), Sonic Automotive (SAH), Monro (MNRO), 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 variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.51%), BlackRock Inc. (7.60%), Nordea Investment Management AB (4.58%), FMR LLC (4.45%), California Public Employees Retirement System (0.85%) and Bank of New York Mellon Corp (0.82%). 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 Advisor Group Holdings Inc., Vanguard Group Inc., Bank of Montreal Can, FMR LLC, Sumitomo Mitsui Trust Holdings Inc., Robeco Institutional Asset Management B.V., PNC Financial Services Group Inc., and BlackRock Inc.. 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 bought by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Holocene Advisors LP, Assenagon Asset Management S.A., Point72 Asset Management L.P., Ardevora Asset Management LLP, Man Group plc, FIL Ltd, and Unigestion Holding SA.
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 $1,196.05.

AutoZone has a market capitalization of $27.93 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]