What is DA Davidson's Estimate for AutoZone FY2025 Earnings?

AutoZone, Inc. (NYSE:AZO - Free Report) - Investment analysts at DA Davidson cut their FY2025 EPS estimates for AutoZone in a report issued on Tuesday, March 25th. DA Davidson analyst M. Baker now forecasts that the company will post earnings per share of $147.94 for the year, down from their prior estimate of $149.30. DA Davidson currently has a "Buy" rating and a $4,192.00 target price on the stock. The consensus estimate for AutoZone's current full-year earnings is $152.94 per share. DA Davidson also issued estimates for AutoZone's FY2026 earnings at $174.41 EPS.

Other equities analysts also recently issued reports about the stock. Citigroup increased their price objective on shares of AutoZone from $3,500.00 to $3,900.00 and gave the company a "buy" rating in a research note on Wednesday, December 11th. Roth Capital set a $3,763.00 target price on AutoZone in a research report on Wednesday, March 5th. Barclays boosted their price target on AutoZone from $3,024.00 to $3,585.00 and gave the stock an "overweight" rating in a research report on Thursday, January 9th. Raymond James reissued a "strong-buy" rating on shares of AutoZone in a research report on Wednesday, March 5th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of AutoZone from $3,775.00 to $3,830.00 and gave the stock an "overweight" rating in a research report on Wednesday, March 5th. One analyst has rated the stock with a sell rating, four have issued a hold rating, sixteen have given a buy rating and four have given a strong buy rating to the company. According to MarketBeat.com, AutoZone presently has an average rating of "Moderate Buy" and an average price target of $3,683.36.

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AutoZone Stock Up 1.3 %

NYSE:AZO traded up $47.22 during mid-day trading on Thursday, reaching $3,818.22. The company's stock had a trading volume of 71,218 shares, compared to its average volume of 124,062. AutoZone has a 1 year low of $2,728.97 and a 1 year high of $3,840.91. The stock has a fifty day moving average of $3,483.80 and a 200-day moving average of $3,280.69. The firm has a market capitalization of $64.08 billion, a PE ratio of 25.51, a price-to-earnings-growth ratio of 1.86 and a beta of 0.71.

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

Insider Activity at AutoZone

In related news, CEO Philip B. Daniele sold 2,000 shares of AutoZone stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $3,800.01, for a total value of $7,600,020.00. Following the completion of the sale, the chief executive officer now owns 163 shares in the company, valued at approximately $619,401.63. This trade represents a 92.46 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Dennis W. Leriche sold 1,575 shares of the company's stock in a transaction on Friday, March 7th. The stock was sold at an average price of $3,600.00, for a total value of $5,670,000.00. Following the transaction, the vice president now owns 417 shares in the company, valued at $1,501,200. This trade represents a 79.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 6,721 shares of company stock worth $24,609,331. Insiders own 2.10% of the company's stock.

Hedge Funds Weigh In On AutoZone

Hedge funds have recently bought and sold shares of the company. Headlands Technologies LLC acquired a new stake in shares of AutoZone during the fourth quarter worth about $29,000. Flagship Wealth Advisors LLC purchased a new position in AutoZone in the 4th quarter valued at approximately $32,000. Harbour Investments Inc. increased its position in shares of AutoZone by 42.9% during the fourth quarter. Harbour Investments Inc. now owns 10 shares of the company's stock worth $32,000 after acquiring an additional 3 shares during the period. Minot DeBlois Advisors LLC acquired a new stake in shares of AutoZone in the fourth quarter valued at $45,000. Finally, Itau Unibanco Holding S.A. grew its stake 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 in the last quarter. Institutional investors and hedge funds own 92.74% of the company's stock.

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.