Roth Capital Has Bearish Forecast for AutoZone Q2 Earnings

AutoZone, Inc. (NYSE:AZO - Free Report) - Stock analysts at Roth Capital decreased their Q2 2025 earnings per share estimates for AutoZone in a research note issued on Wednesday, December 11th. Roth Capital analyst S. Stember now expects that the company will post earnings of $29.16 per share for the quarter, down from their prior estimate of $30.90. Roth Capital currently has a "Strong-Buy" rating on the stock. The consensus estimate for AutoZone's current full-year earnings is $154.29 per share.

A number of other research analysts have also weighed in on AZO. UBS Group raised their target price on shares of AutoZone from $3,340.00 to $3,500.00 and gave the stock a "buy" rating in a research note on Wednesday, September 25th. Wells Fargo & Company raised their price target on shares of AutoZone from $3,450.00 to $3,750.00 and gave the stock an "overweight" rating in a report on Wednesday. Wedbush reiterated an "outperform" rating and issued a $3,200.00 price objective on shares of AutoZone in a report on Thursday, September 19th. Redburn Atlantic upgraded AutoZone to a "strong-buy" rating in a research report on Tuesday, October 1st. Finally, Evercore ISI increased their price target on AutoZone from $3,400.00 to $3,450.00 and gave the stock an "outperform" rating in a report on Wednesday. One investment analyst has rated the stock with a sell rating, three have given a hold rating, fifteen have given a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat.com, AutoZone has an average rating of "Moderate Buy" and a consensus target price of $3,360.47.

AutoZone Stock Up 0.8 %

Shares of NYSE:AZO traded up $27.52 during trading on Friday, reaching $3,368.00. 56,531 shares of the company's stock traded hands, compared to its average volume of 139,269. The company has a 50-day simple moving average of $3,148.28 and a 200-day simple moving average of $3,061.08. The firm has a market cap of $56.92 billion, a PE ratio of 22.35, a P/E/G ratio of 1.73 and a beta of 0.71. AutoZone has a fifty-two week low of $2,510.00 and a fifty-two week high of $3,416.71.

AutoZone (NYSE:AZO - Get Free Report) last issued its earnings results on Tuesday, December 10th. The company reported $32.52 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $33.69 by ($1.17). The firm had revenue of $4.28 billion during the quarter, compared to analysts' expectations of $4.30 billion. AutoZone had a negative return on equity of 53.89% and a net margin of 14.18%. The business's revenue was up 2.1% on a year-over-year basis. During the same quarter last year, the business earned $32.55 EPS.

Institutional Investors Weigh In On AutoZone

Hedge funds have recently added to or reduced their stakes in the stock. The Manufacturers Life Insurance Company lifted its stake in AutoZone by 186.8% in the third quarter. The Manufacturers Life Insurance Company now owns 92,870 shares of the company's stock valued at $292,544,000 after buying an additional 60,483 shares during the last quarter. Verde Capital Management bought a new stake in shares of AutoZone during the third quarter valued at about $1,137,000. Mizuho Securities USA LLC grew its holdings in AutoZone by 592.0% during the third quarter. Mizuho Securities USA LLC now owns 9,210 shares of the company's stock worth $29,012,000 after acquiring an additional 7,879 shares during the period. Swedbank AB lifted its stake in AutoZone by 5.6% during the second quarter. Swedbank AB now owns 16,524 shares of the company's stock valued at $48,979,000 after buying an additional 869 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in AutoZone by 0.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 104,665 shares of the company's stock valued at $329,699,000 after buying an additional 466 shares in the last quarter. 92.74% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Chairman William C. Rhodes III sold 300 shares of the stock in a transaction that occurred on Thursday, October 3rd. The shares were sold at an average price of $3,075.20, for a total transaction of $922,560.00. Following the completion of the sale, the chairman now owns 13,857 shares of the company's stock, valued at approximately $42,613,046.40. This represents a 2.12 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP John Scott Murphy sold 1,580 shares of the business's stock in a transaction that occurred on Wednesday, September 25th. The stock was sold at an average price of $3,107.69, for a total transaction of $4,910,150.20. Following the sale, the vice president now owns 1,218 shares of the company's stock, valued at approximately $3,785,166.42. This represents a 56.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 14,880 shares of company stock valued at $46,225,660 in the last ninety days. Company insiders own 2.10% 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.