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 approved a share repurchase program on Wednesday, March 21st 2018, which authorizes the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's leadership believes its stock is undervalued.

AutoZone, Inc. (NYSE:AZO) released its quarterly earnings results on Tuesday, May, 22nd. The company reported $13.42 EPS for the quarter, beating the consensus estimate of $12.99 by $0.43. The company earned $2.26 billion during the quarter, compared to the consensus estimate of $2.71 billion. AutoZone had a negative return on equity of 96.89% and a net margin of 12.27%. The firm's revenue was down 13.7% on a year-over-year basis. During the same period last year, the company posted $11.44 EPS. 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 brokerages have issued twelve-month target prices for AutoZone's shares. Their predictions range from $491.13 to $850.00. On average, they anticipate 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 recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of 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 0.06 on Accern's scale. They also assigned news coverage about the company an impact score of 45.13 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company'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 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 purchased 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 $688.50.

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]