What is DA Davidson’s Estimate for AutoZone FY2025 Earnings?

AutoZone, Inc. (NYSE:AZO) – Stock analysts at DA Davidson decreased their FY2025 earnings per share estimates for shares of AutoZone in a research note issued on Wednesday, December 11th. DA Davidson analyst M. Baker now forecasts that the company will earn $153.33 per share for the year, down from their prior estimate of $154.86. DA Davidson has a “Neutral” rating and a $3,025.00 price target on the stock. The consensus estimate for AutoZone’s current full-year earnings is $154.29 per share. DA Davidson also issued estimates for AutoZone’s FY2026 earnings at $176.23 EPS.

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

Several other equities analysts also recently commented on AZO. Evercore ISI upped their price target on shares of AutoZone from $3,400.00 to $3,450.00 and gave the company an “outperform” rating in a research note on Wednesday. Citigroup lifted their price objective on AutoZone from $3,500.00 to $3,900.00 and gave the company a “buy” rating in a report on Wednesday. Redburn Atlantic raised AutoZone to a “strong-buy” rating in a report on Tuesday, October 1st. Morgan Stanley raised their price target on AutoZone from $3,038.00 to $3,125.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 25th. Finally, UBS Group upped their price objective on shares of AutoZone from $3,340.00 to $3,500.00 and gave the stock a “buy” rating in a research report on Wednesday, September 25th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, fourteen have assigned a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $3,360.47.

AutoZone Stock Up 0.9 %

Shares of NYSE:AZO opened at $3,369.01 on Thursday. The stock has a market cap of $56.95 billion, a PE ratio of 22.52, a P/E/G ratio of 1.73 and a beta of 0.71. AutoZone has a 12-month low of $2,510.00 and a 12-month high of $3,416.71. The business has a 50 day moving average of $3,148.28 and a 200-day moving average of $3,061.08.

Insider Buying and Selling

In other news, VP John Scott Murphy sold 1,580 shares of the company’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 of the company’s stock, valued at approximately $3,785,166.42. This represents a 56.47 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Chairman William C. Rhodes III sold 300 shares of the stock in a transaction on Thursday, October 3rd. The stock was sold at an average price of $3,075.20, for a total transaction of $922,560.00. Following the sale, the chairman now owns 13,857 shares of the company’s stock, valued at approximately $42,613,046.40. This trade represents a 2.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 14,880 shares of company stock valued at $46,225,660 in the last three months. Insiders own 2.10% of the company’s stock.

Institutional Trading of AutoZone

Institutional investors have recently bought and sold shares of the company. International Assets Investment Management LLC boosted its position in shares of AutoZone by 354,692.5% during the 3rd quarter. International Assets Investment Management LLC now owns 993,419 shares of the company’s stock valued at $31,293,100,000 after purchasing an additional 993,139 shares in the last quarter. Geode Capital Management LLC lifted its stake in AutoZone by 1.8% in the third quarter. Geode Capital Management LLC now owns 421,716 shares of the company’s stock valued at $1,326,545,000 after buying an additional 7,365 shares during the period. Marshfield Associates boosted its holdings in shares of AutoZone by 0.5% during the 3rd quarter. Marshfield Associates now owns 169,586 shares of the company’s stock worth $534,204,000 after buying an additional 796 shares in the last quarter. Legal & General Group Plc boosted its holdings in shares of AutoZone by 2.3% during the 2nd quarter. Legal & General Group Plc now owns 150,698 shares of the company’s stock worth $446,684,000 after buying an additional 3,382 shares in the last quarter. Finally, Strategic Financial Concepts LLC acquired a new stake in shares of AutoZone during the 2nd quarter worth approximately $424,000. Institutional investors 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.