DA Davidson Analysts Boost Earnings Estimates for AutoZone

AutoZone, Inc. (NYSE:AZO - Free Report) - DA Davidson raised their Q3 2025 earnings per share (EPS) estimates for AutoZone in a note issued to investors on Tuesday, March 25th. DA Davidson analyst M. Baker now forecasts that the company will post earnings per share of $36.91 for the quarter, up from their prior forecast of $36.84. DA Davidson has a "Buy" rating and a $4,192.00 price objective on the stock. The consensus estimate for AutoZone's current full-year earnings is $152.94 per share.

Several other analysts have also recently commented on AZO. BMO Capital Markets boosted their price target on shares of AutoZone from $3,700.00 to $3,850.00 and gave the stock an "outperform" rating in a research note on Wednesday, March 5th. Raymond James reiterated a "strong-buy" rating on shares of AutoZone in a research report on Wednesday, March 5th. UBS Group increased their price target on AutoZone from $3,875.00 to $4,025.00 and gave the company a "buy" rating in a research note on Wednesday, March 5th. JPMorgan Chase & Co. lifted their price objective on AutoZone from $3,775.00 to $3,830.00 and gave the stock an "overweight" rating in a research note on Wednesday, March 5th. Finally, Roth Mkm increased their target price on AutoZone from $3,634.00 to $3,763.00 and gave the company a "buy" rating in a research report on Wednesday, March 5th. One research analyst has rated the stock with a sell rating, four have issued a hold rating, sixteen have issued a buy rating and four have given a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $3,683.36.

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AutoZone Price Performance

Shares of AZO stock traded down $58.39 during mid-day trading on Wednesday, hitting $3,769.72. The company had a trading volume of 166,671 shares, compared to its average volume of 130,256. The stock's 50 day moving average price is $3,483.80 and its 200-day moving average price is $3,279.56. AutoZone has a 52-week low of $2,728.97 and a 52-week high of $3,838.00. The company has a market capitalization of $63.26 billion, a P/E ratio of 25.19, a P/E/G ratio of 1.86 and a beta of 0.71.

AutoZone (NYSE:AZO - Get Free Report) last posted its quarterly earnings results on Tuesday, March 4th. The company reported $28.29 EPS for the quarter, missing analysts' consensus estimates of $29.11 by ($0.82). AutoZone had a negative return on equity of 53.89% and a net margin of 14.18%. The business had revenue of $3.95 billion during the quarter, compared to analysts' expectations of $3.98 billion.

Insider Transactions at AutoZone

In related news, VP Richard Craig Smith sold 2,850 shares of the company's stock in a transaction on Thursday, March 20th. The stock was sold at an average price of $3,610.00, for a total value of $10,288,500.00. Following the transaction, the vice president now directly owns 2,924 shares of the company's stock, valued at $10,555,640. This represents a 49.36 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Philip B. Daniele sold 2,000 shares of the firm's stock in a transaction on Thursday, March 27th. The stock was sold at an average price of $3,800.01, for a total value of $7,600,020.00. Following the completion of the transaction, the chief executive officer now owns 163 shares of the company's stock, valued at $619,401.63. This trade represents a 92.46 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 6,721 shares of company stock valued at $24,609,331 in the last 90 days. Insiders own 2.10% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of AZO. Headlands Technologies LLC acquired a new stake in AutoZone during the 4th quarter valued at approximately $29,000. Flagship Wealth Advisors LLC acquired a new position in AutoZone during the fourth quarter valued at $32,000. Harbour Investments Inc. boosted its holdings in AutoZone by 42.9% in the fourth quarter. Harbour Investments Inc. now owns 10 shares of the company's stock valued at $32,000 after purchasing an additional 3 shares during the last quarter. Minot DeBlois Advisors LLC purchased a new stake in AutoZone in the fourth quarter valued at $45,000. Finally, Itau Unibanco Holding S.A. grew its position in AutoZone by 750.0% during the 4th quarter. Itau Unibanco Holding S.A. now owns 17 shares of the company's stock worth $54,000 after purchasing an additional 15 shares during the period. 92.74% of the stock is currently owned by hedge funds and other institutional investors.

AutoZone Company Profile

AutoZone, Inc retails and distributes automotive replacement parts and accessories in the United States, Mexico, and Brazil. The company provides 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.