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AutoZone (AZO) Stock Price, News & Analysis

AutoZone logo
$3,181.10 +7.70 (+0.24%)
(As of 04:13 PM ET)

About AutoZone Stock (NYSE:AZO)

Key Stats

Today's Range
$3,169.60
$3,218.71
50-Day Range
$2,981.19
$3,218.48
52-Week Range
$2,510.00
$3,256.37
Volume
77,053 shs
Average Volume
138,850 shs
Market Capitalization
$53.76 billion
P/E Ratio
21.25
Dividend Yield
N/A
Price Target
$3,202.71
Consensus Rating
Buy

Company Overview

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.

AutoZone Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
89th Percentile Overall Score

AZO MarketRank™: 

AutoZone scored higher than 89% of companies evaluated by MarketBeat, and ranked 52nd out of 217 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    AutoZone has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 14 buy ratings, 2 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    AutoZone has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about AutoZone's stock forecast and price target.
  • Earnings Growth

    Earnings for AutoZone are expected to grow by 12.15% in the coming year, from $158.09 to $177.30 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of AutoZone is 21.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.29.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of AutoZone is 21.45, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 133.90.

  • Price to Earnings Growth Ratio

    AutoZone has a PEG Ratio of 1.57. PEG Ratios above 1 indicate that a company could be overvalued.

  • Read more about AutoZone's valuation and earnings.
  • Percentage of Shares Shorted

    2.02% of the float of AutoZone has been sold short.
  • Short Interest Ratio / Days to Cover

    AutoZone has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in AutoZone has recently decreased by 20.02%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    AutoZone does not currently pay a dividend.

  • Dividend Growth

    AutoZone does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.02% of the float of AutoZone has been sold short.
  • Short Interest Ratio / Days to Cover

    AutoZone has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in AutoZone has recently decreased by 20.02%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    AutoZone has a news sentiment score of 1.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Retail/Wholesale companies.
  • News Coverage This Week

    MarketBeat has tracked 15 news articles for AutoZone this week, compared to 13 articles on an average week.
  • Search Interest

    Only 10 people have searched for AZO on MarketBeat in the last 30 days. This is a decrease of -58% compared to the previous 30 days.
  • MarketBeat Follows

    Only 11 people have added AutoZone to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, AutoZone insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $46,225,660.00 in company stock.

  • Percentage Held by Insiders

    Only 2.50% of the stock of AutoZone is held by insiders.

  • Percentage Held by Institutions

    92.74% of the stock of AutoZone is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about AutoZone's insider trading history.
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AZO Stock News Headlines

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Trump quietly left open an "off the books" wealth-protection loophole hidden in the 6,871 pages of the IRS Tax Code… And since then… "In the know" patriots have quietly used this same "Trump revenge loophole" to shield their life savings from Bidenomics…
TD Cowen Remains a Buy on AutoZone (AZO)
2 Big Stocks Splits We Could See in November
See More Headlines

AZO Stock Analysis - Frequently Asked Questions

AutoZone's stock was trading at $2,585.61 at the start of the year. Since then, AZO shares have increased by 24.2% and is now trading at $3,211.86.
View the best growth stocks for 2024 here
.

AutoZone, Inc. (NYSE:AZO) posted its quarterly earnings data on Tuesday, September, 24th. The company reported $48.11 EPS for the quarter, missing analysts' consensus estimates of $53.31 by $5.20. The business's revenue for the quarter was up 9.0% compared to the same quarter last year.
Read the conference call transcript
.

AutoZone subsidiaries include these companies: Interamerican Motor Corporation, AutoAnything, AutoZone West, Auto Palace, Alldata, ALLDATA LLC, AutoZone.com Inc., and more.

Top institutional shareholders of AutoZone include International Assets Investment Management LLC (5.82%), Fiera Capital Corp (2.50%), Parnassus Investments LLC (1.77%) and PineStone Asset Management Inc. (1.17%). Insiders that own company stock include William C Rhodes III, George R Mrkonic Jr, Charles Pleas III, Richard Craig Smith, Thomas B Newbern, John Scott Murphy, Eric S Gould, Philip B Daniele, Preston Frazer, Albert Saltiel, K Michelle Borninkhof, Brian Hannasch, Dennis W Leriche, Grant E Mcgee, Kristen C Wright, Domingo Hurtado, Jenna M Bedsole and William R Hackney.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that AutoZone investors own include Xtrackers California Municipal Bond ETF (CA), Chipotle Mexican Grill (CMG), Hawkins (HWKN), NVIDIA (NVDA), Endologix (ELGX), BlackRock (BLK) and Meta Platforms (META).

Company Calendar

Last Earnings
9/24/2024
Today
11/12/2024
Next Earnings (Estimated)
12/03/2024
Fiscal Year End
8/31/2025

Industry, Sector and Symbol

Industry
Auto & home supply stores
Sub-Industry
Automotive Retail
CUSIP
05333210
Employees
126,000
Year Founded
1979

Price Target and Rating

Average Stock Price Target
$3,202.71
High Stock Price Target
$3,634.00
Low Stock Price Target
$2,600.00
Potential Upside/Downside
+0.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
21 Analysts

Profitability

Net Income
$2.66 billion
Pretax Margin
18.05%

Debt

Sales & Book Value

Annual Sales
$18.49 billion
Cash Flow
$190.31 per share
Book Value
($278.04) per share

Miscellaneous

Free Float
16,481,000
Market Cap
$54.00 billion
Optionable
Optionable
Beta
0.71

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This page (NYSE:AZO) was last updated on 11/12/2024 by MarketBeat.com Staff
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