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 has authorized a share 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 purchase up to 6.1% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's board believes its stock is undervalued.

AutoZone, Inc. (NYSE:AZO) posted its quarterly earnings data on Tuesday, December, 4th. The company reported $13.47 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $12.21 by $1.26. The firm had revenue of $2.64 billion for the quarter, compared to analysts' expectations of $2.64 billion. AutoZone had a net margin of 12.49% and a negative return on equity of 102.31%. The business's quarterly revenue was up 2.0% compared to the same quarter last year. During the same period in the prior year, the business earned $10.00 earnings per share. 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.

AutoZone will be holding an earnings conference call on Tuesday, February 26th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 2108398923.

15 brokerages have issued twelve-month target prices for AutoZone's stock. Their forecasts range from $491.13 to $985.00. On average, they expect AutoZone's stock price to reach $881.1521 in the next twelve months. This suggests that the stock has a possible downside of 4.3%. View Analyst Price Targets for AutoZone.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AutoZone in the last year. There are currently 6 hold ratings, 8 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for AutoZone.

News coverage about AZO stock has trended negative recently, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. AutoZone earned a coverage optimism score of -2.1 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next several 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 investors include BlackRock Inc. (7.48%), Nordea Investment Management AB (2.16%), Fiera Capital Corp (1.87%), Geode Capital Management LLC (1.40%), Northern Trust Corp (1.20%) and Massachusetts Financial Services Co. MA (1.14%). 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.

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, Beutel Goodman & Co Ltd., Check Capital Management Inc. CA, Bank of America Corp DE, Fenimore Asset Management Inc. and Kiltearn Partners LLP. 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.

AZO stock was acquired by a variety of institutional investors in the last quarter, including Two Sigma Advisers LP, Ackerman Capital Advisors LLC, Iridian Asset Management LLC CT, PNC Financial Services Group Inc., Investec Asset Management LTD, PGGM Investments, Bank of Montreal Can and Wedge Capital Management L L P NC. 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 $921.14.

AutoZone has a market capitalization of $23.21 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]