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AutoZone (AZO) Stock Price, News & Analysis

$2,964.10
+8.70 (+0.29%)
(As of 04:31 PM ET)
Today's Range
$2,939.79
$2,989.15
50-Day Range
$2,740.00
$3,008.23
52-Week Range
$2,375.35
$3,256.37
Volume
159,631 shs
Average Volume
153,745 shs
Market Capitalization
$50.63 billion
P/E Ratio
20.50
Dividend Yield
N/A
Price Target
$3,112.88

AutoZone MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.94 Rating Score
Upside/​Downside
5.6% Upside
$3,112.88 Price Target
Short Interest
Healthy
2.30% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.59
Upright™ Environmental Score
News Sentiment
0.98mentions of AutoZone in the last 14 days
Based on 12 Articles This Week
Insider Trading
Acquiring Shares
$99,256 Bought Last Quarter
Proj. Earnings Growth
8.13%
From $151.57 to $163.89 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.40 out of 5 stars

Retail/Wholesale Sector

56th out of 192 stocks

Auto & Home Supply Stores Industry

2nd out of 6 stocks

AZO stock logo

About AutoZone Stock (NYSE:AZO)

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. It also offers A/C compressors, batteries and accessories, bearings, belts and hoses, calipers, chassis, clutches, CV axles, engines, fuel pumps, fuses, ignition and lighting products, mufflers, radiators, starters and alternators, thermostats, and water pumps, as well as tire repairs. In addition, the company provides maintenance products, such as antifreeze and windshield washer fluids; brake drums, rotors, shoes, and pads; brake and power steering fluids, and oil and fuel additives; oil and transmission fluids; oil, cabin, air, fuel, and transmission filters; oxygen sensors; paints and accessories; refrigerants and accessories; shock absorbers and struts; spark plugs and wires; and windshield wipers. Further, it offers air fresheners, cell phone accessories, drinks and snacks, floor mats and seat covers, interior and exterior accessories, mirrors, performance products, protectants and cleaners, sealants and adhesives, steering wheel covers, tools, vehicle entertainment systems, and wash and wax products, as well as towing services. Additionally, the company provides a sales program that offers commercial credit and delivery of parts and other products; sells automotive diagnostic and repair software under the ALLDATA brand through alldata.com and alldatadiy.com; and automotive hard parts, maintenance items, accessories, and non-automotive products through autozone.com. AutoZone, Inc. was founded in 1979 and is headquartered in Memphis, Tennessee.

AZO Stock Price History

AZO Stock News Headlines

autozone logo sign on building
3 Powerful Examples of Share Buybacks Boosting Stock Value (AZO)
Stock buybacks over time can create more shareholder wealth than dividends and other reward methods, these 3 stocks' stratospheric returns make a case
NEW RICHMOND, WI, USA - DECEMBER 31, 2023:Advanced Auto Parts exterior and trademark logo.
Advance Auto Parts Pivots Strategy to Compete with Rivals (AZO)
Advance Auto Parts management is making the right calls when it comes to navigating the current economy, analysts recognize these efforts in EPS projections
A new pathway to wealth was born inside my wine-cellar
These days, the “right” to receive a welfare check enjoys greater popularity than the right to make a living. It’s a new development in the financial markets that allows you to profit from a selection of America’s most exciting and potentially lucrative innovations.
Financial markets news icon
MarketBeat Week in Review – 5/20 - 5/24 (AZO)
The market sold off sharply despite a strong earnings report from Nvidia; a short trading week will include economic reports that could bring more volatility
AutoZone (NYSE:AZO) PT Raised to $3,225.00 at Guggenheim
AutoZone's (AZO) Market Perform Rating Reaffirmed at Oppenheimer
AutoZone Authorizes Additional Stock Repurchase
A new pathway to wealth was born inside my wine-cellar
These days, the “right” to receive a welfare check enjoys greater popularity than the right to make a living. It’s a new development in the financial markets that allows you to profit from a selection of America’s most exciting and potentially lucrative innovations.
7 Cash-Cow Stocks Making Money Hand Over Fist
3 Transportation Stocks to Buy Now: May 2024
AutoZone's Q3 Reports Strong EPS Beat
Company News for May 22, 2024
See More Headlines

Company Calendar

Last Earnings
5/21/2024
Today
6/28/2024
Fiscal Year End
8/31/2024
Next Earnings (Estimated)
9/17/2024

Industry, Sector and Symbol

Industry
Auto & home supply stores
Sub-Industry
Automotive Retail
CUSIP
05333210
Employees
119,000
Year Founded
1979

Price Target and Rating

Average Stock Price Target
$3,112.88
High Stock Price Target
$3,394.00
Low Stock Price Target
$2,600.00
Potential Upside/Downside
+5.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.89
Research Coverage
18 Analysts

Profitability

Net Income
$2.53 billion
Pretax Margin
18.40%

Debt

Sales & Book Value

Annual Sales
$17.46 billion
Cash Flow
$168.65 per share
Book Value
($283.22) per share

Miscellaneous

Free Float
16,656,000
Market Cap
$50.47 billion
Optionable
Optionable
Beta
0.71

Social Links


AZO Stock Analysis - Frequently Asked Questions

Should I buy or sell AutoZone stock right now?

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AutoZone in the last twelve months. There are currently 2 hold ratings, 15 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AZO shares.
View AZO analyst ratings
or view top-rated stocks.

What is AutoZone's stock price target for 2024?

18 equities research analysts have issued twelve-month target prices for AutoZone's stock. Their AZO share price targets range from $2,600.00 to $3,394.00. On average, they anticipate the company's share price to reach $3,112.88 in the next year. This suggests a possible upside of 5.6% from the stock's current price.
View analysts price targets for AZO
or view top-rated stocks among Wall Street analysts.

How have AZO shares performed in 2024?

AutoZone's stock was trading at $2,585.61 at the start of the year. Since then, AZO shares have increased by 14.0% and is now trading at $2,947.71.
View the best growth stocks for 2024 here
.

Are investors shorting AutoZone?

AutoZone saw a drop in short interest in the month of June. As of June 15th, there was short interest totaling 391,400 shares, a drop of 13.5% from the May 31st total of 452,500 shares. Based on an average daily trading volume, of 146,000 shares, the days-to-cover ratio is currently 2.7 days. Currently, 2.3% of the shares of the company are short sold.
View AutoZone's Short Interest
.

When is AutoZone's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, September 17th 2024.
View our AZO earnings forecast
.

How were AutoZone's earnings last quarter?

AutoZone, Inc. (NYSE:AZO) released its quarterly earnings data on Tuesday, May, 21st. The company reported $36.69 earnings per share for the quarter, beating analysts' consensus estimates of $35.67 by $1.02. The firm had revenue of $4.24 billion for the quarter, compared to the consensus estimate of $4.29 billion. AutoZone had a net margin of 14.60% and a negative trailing twelve-month return on equity of 54.58%. The company's revenue was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $34.12 earnings per share.
Read the conference call transcript
.

What is Bill Rhodes III's approval rating as AutoZone's CEO?

1,445 employees have rated AutoZone Chief Executive Officer Bill Rhodes III on Glassdoor.com. Bill Rhodes III has an approval rating of 66% among the company's employees.

What other stocks do shareholders of AutoZone own?
Who are AutoZone's major shareholders?

AutoZone's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.99%), Boston Partners (2.21%), Price T Rowe Associates Inc. MD (1.23%), Nordea Investment Management AB (1.17%), Captrust Financial Advisors (0.88%) and Bank of New York Mellon Corp (0.77%). Insiders that own company stock include Albert Saltiel, Brian Hannasch, Charles Pleas III, Dennis W Leriche, Domingo Hurtado, Eric S Gould, George R Mrkonic Jr, Grant E Mcgee, Jane Huang, Jenna M Bedsole, John Scott Murphy, K Michelle Borninkhof, Kristen C Wright, Mark A Finestone, Philip B Daniele, Preston Frazer, Richard Craig Smith, Ronald B Griffin, Thomas B Newbern, William C Rhodes III, William C Rhodes III and William R Hackney.
View institutional ownership trends
.

How do I buy shares of AutoZone?

Shares of AZO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does AutoZone have any subsidiaries?
The following companies are subsidiares of AutoZone: ALLDATA LLC, Alldata, Auto Palace, AutoAnything, AutoZone Development LLC, AutoZone IP LLC, AutoZone Northeast LLC, AutoZone Parts Inc., AutoZone Puerto Rico Inc., AutoZone Stores LLC, AutoZone Texas LLC, AutoZone West, AutoZone West LLC, AutoZone de México S. de R.L. de C.V., AutoZone.com Inc., Interamerican Motor Corporation, and Riverside Captive Insurance Company.
Read More
This page (NYSE:AZO) was last updated on 6/28/2024 by MarketBeat.com Staff

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