Equities Analysts Offer Predictions for AutoZone Q3 Earnings

AutoZone, Inc. (NYSE:AZO - Free Report) - Equities researchers at Zacks Research lowered their Q3 2025 EPS estimates for AutoZone in a research note issued to investors on Monday, March 17th. Zacks Research analyst N. Saigal now forecasts that the company will earn $37.45 per share for the quarter, down from their prior estimate of $38.32. The consensus estimate for AutoZone's current full-year earnings is $152.94 per share. Zacks Research also issued estimates for AutoZone's FY2025 earnings at $152.39 EPS, Q1 2026 earnings at $37.00 EPS, Q2 2026 earnings at $35.73 EPS, Q3 2026 earnings at $39.62 EPS and FY2026 earnings at $169.91 EPS.

AZO has been the topic of several other reports. Truist Financial increased their target price on shares of AutoZone from $3,753.00 to $3,841.00 and gave the stock a "buy" rating in a research report on Wednesday, March 5th. Argus lowered AutoZone from a "buy" rating to a "hold" rating in a report on Wednesday, March 5th. BMO Capital Markets increased their price target on AutoZone from $3,700.00 to $3,850.00 and gave the company an "outperform" rating in a report on Wednesday, March 5th. DA Davidson upgraded shares of AutoZone from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $3,500.00 to $4,192.00 in a research note on Friday. Finally, Citigroup raised their target price 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. One investment analyst has rated the stock with a sell rating, four have given a hold rating, sixteen have issued a buy rating and four have given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $3,683.36.

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AutoZone Stock Up 0.9 %

Shares of AZO traded up $32.50 during mid-day trading on Wednesday, hitting $3,605.88. 208,657 shares of the company's stock were exchanged, compared to its average volume of 126,390. The stock has a market cap of $60.51 billion, a price-to-earnings ratio of 24.09, a P/E/G ratio of 1.86 and a beta of 0.71. The firm has a fifty day moving average of $3,433.28 and a two-hundred day moving average of $3,258.73. AutoZone has a twelve month low of $2,728.97 and a twelve month high of $3,704.43.

AutoZone (NYSE:AZO - Get Free Report) last announced its quarterly earnings results on Tuesday, March 4th. The company reported $28.29 EPS 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 the consensus estimate of $3.98 billion. AutoZone had a net margin of 14.18% and a negative return on equity of 53.89%.

Insider Buying and Selling

In other news, VP Richard Craig Smith sold 2,850 shares of the stock in a transaction that occurred 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 completion of the transaction, the vice president now directly owns 2,924 shares of the company's stock, valued at approximately $10,555,640. This represents a 49.36 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Bailey L. Childress sold 160 shares of the firm's stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $3,550.00, for a total value of $568,000.00. Following the transaction, the senior vice president now owns 50 shares of the company's stock, valued at $177,500. This trade represents a 76.19 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 4,721 shares of company stock valued at $17,009,311 over the last quarter. Corporate insiders own 2.10% of the company's stock.

Institutional Investors Weigh In On AutoZone

A number of hedge funds have recently made changes to their positions in AZO. Headlands Technologies LLC acquired a new stake in shares of AutoZone during the fourth quarter worth approximately $29,000. Flagship Wealth Advisors LLC acquired a new position in AutoZone in the fourth quarter worth $32,000. Harbour Investments Inc. boosted its stake in AutoZone by 42.9% in the fourth quarter. Harbour Investments Inc. now owns 10 shares of the company's stock worth $32,000 after purchasing an additional 3 shares in the last quarter. Minot DeBlois Advisors LLC bought a new stake in shares of AutoZone during the fourth quarter worth $45,000. Finally, Darwin Wealth Management LLC acquired a new stake in shares of AutoZone in the third quarter valued at $47,000. Institutional investors and hedge funds own 92.74% of the company's stock.

About AutoZone

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.