AutoZone, Inc. to Post FY2025 Earnings of $154.26 Per Share, William Blair Forecasts (NYSE:AZO)

AutoZone, Inc. (NYSE:AZO) – Stock analysts at William Blair decreased their FY2025 earnings estimates for shares of AutoZone in a research report issued to clients and investors on Wednesday, September 25th. William Blair analyst P. Blee now forecasts that the company will earn $154.26 per share for the year, down from their previous estimate of $166.80. The consensus estimate for AutoZone’s current full-year earnings is $151.08 per share.

AutoZone (NYSE:AZO) last announced its quarterly earnings data on Tuesday, September 24th. The company reported $48.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $53.31 by ($5.20). AutoZone had a net margin of 14.60% and a negative return on equity of 54.58%. The business had revenue of $6.21 billion for the quarter, compared to analysts’ expectations of $6.25 billion. During the same period in the prior year, the company posted $46.46 EPS. The firm’s revenue was up 9.0% on a year-over-year basis.

AZO has been the subject of several other research reports. DA Davidson reissued a “neutral” rating and issued a $3,025.00 price target on shares of AutoZone in a research note on Monday. Wedbush restated an “outperform” rating and issued a $3,200.00 price objective on shares of AutoZone in a report on Thursday, September 19th. Mizuho upped their price objective on shares of AutoZone from $3,280.00 to $3,350.00 and gave the stock an “outperform” rating in a report on Wednesday, September 25th. BNP Paribas upgraded shares of AutoZone to a “strong-buy” rating in a report on Wednesday, September 25th. Finally, Morgan Stanley upped their price objective on shares of AutoZone from $3,038.00 to $3,125.00 and gave the stock an “overweight” rating in a report on Wednesday, September 25th. Three equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $3,169.38.

AutoZone Price Performance

AutoZone stock opened at $3,149.72 on Monday. The firm has a 50 day simple moving average of $3,125.47 and a 200-day simple moving average of $3,011.61. AutoZone has a 1-year low of $2,375.35 and a 1-year high of $3,256.37. The stock has a market cap of $53.81 billion, a price-to-earnings ratio of 21.78, a price-to-earnings-growth ratio of 1.43 and a beta of 0.71.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Quent Capital LLC grew its position in shares of AutoZone by 4.8% in the 1st quarter. Quent Capital LLC now owns 88 shares of the company’s stock valued at $277,000 after buying an additional 4 shares during the last quarter. Mather Group LLC. grew its position in shares of AutoZone by 1.8% in the 2nd quarter. Mather Group LLC. now owns 224 shares of the company’s stock valued at $706,000 after buying an additional 4 shares during the last quarter. Conning Inc. grew its position in shares of AutoZone by 4.3% in the 2nd quarter. Conning Inc. now owns 98 shares of the company’s stock valued at $290,000 after buying an additional 4 shares during the last quarter. Whittier Trust Co. of Nevada Inc. grew its position in shares of AutoZone by 14.3% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 32 shares of the company’s stock valued at $95,000 after buying an additional 4 shares during the last quarter. Finally, Brighton Jones LLC grew its position in shares of AutoZone by 4.1% in the 2nd quarter. Brighton Jones LLC now owns 101 shares of the company’s stock valued at $299,000 after buying an additional 4 shares during the last quarter. 92.74% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, VP John Scott Murphy sold 1,580 shares of the firm’s stock in a transaction on Wednesday, September 25th. The shares were sold at an average price of $3,107.69, for a total value of $4,910,150.20. Following the sale, the vice president now directly owns 1,218 shares in the company, valued at approximately $3,785,166.42. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 2.50% 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.