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

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

AutoZone declared that its Board of Directors has approved a stock buyback program on Wednesday, September 26th 2018, which authorizes the company to buyback $1,250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 6.1% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's management believes its shares are undervalued.

AutoZone, Inc. (NYSE:AZO) posted its earnings results on Tuesday, December, 4th. The company reported $13.47 EPS for the quarter, beating the Zacks' consensus estimate of $12.21 by $1.26. The business had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $2.64 billion. AutoZone had a negative return on equity of 102.31% and a net margin of 12.49%. The firm's revenue was up 2.0% on a year-over-year basis. During the same period in the prior year, the business posted $10.00 EPS. View AutoZone's Earnings History.

AutoZone is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for AutoZone.

14 brokerages have issued twelve-month target prices for AutoZone's stock. Their forecasts range from $491.13 to $985.00. On average, they anticipate AutoZone's stock price to reach $872.01 in the next twelve months. This suggests a possible upside of 0.1% from the stock's current price. View Analyst Price Targets for AutoZone.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AutoZone in the last year. There are currently 4 hold ratings, 9 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for AutoZone.

Headlines about AZO stock have trended positive on Sunday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media 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 3.0 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 8.0 out of 10, indicating that recent media coverage is very likely to have an impact on the company's share price in the next few days.

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).

AutoZone's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.18%), Vanguard Group Inc (9.18%), JPMorgan Chase & Co. (7.96%), BlackRock Inc. (7.32%), FMR LLC (5.30%) and Nordea Investment Management AB (2.68%). 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, 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 Nordea Investment Management AB, Massachusetts Financial Services Co. MA, Morgan Stanley, Bessemer Group Inc., Beutel Goodman & Co Ltd., The Manufacturers Life Insurance Company, Point72 Asset Management L.P. and Credit Suisse AG. Company insiders that have sold AutoZone company stock in the last year include Albert Saltiel, Charles Pleas III, Domingo Hurtado, James C Griffith, Kristen C Wright, Philip B Daniele, Richard Craig Smith, Rodney C Halsell, William Andrew Mckenna, William C Rhodes III, William R Hackney, 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 Renaissance Technologies LLC, JPMorgan Chase & Co., Clearbridge Investments LLC, Eagle Asset Management Inc., First Manhattan Co., Carillon Tower Advisers Inc., Alliancebernstein L.P. and Victory Capital Management 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 $871.24.

AutoZone has a market capitalization of $22.27 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.

The official website for AutoZone is http://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]