Wedbush Estimates AutoZone’s FY2025 Earnings (NYSE:AZO)

AutoZone, Inc. (NYSE:AZO) – Equities research analysts at Wedbush cut their FY2025 earnings per share (EPS) estimates for AutoZone in a research report issued to clients and investors on Wednesday, March 5th. Wedbush analyst S. Basham now forecasts that the company will post earnings per share of $148.90 for the year, down from their previous estimate of $152.10. Wedbush has a “Outperform” rating and a $3,700.00 price objective on the stock. The consensus estimate for AutoZone’s current full-year earnings is $152.94 per share. Wedbush also issued estimates for AutoZone’s FY2026 earnings at $165.79 EPS and FY2027 earnings at $189.89 EPS.

Other research analysts have also recently issued research reports about the stock. Truist Financial boosted their price target on shares of AutoZone from $3,753.00 to $3,841.00 and gave the stock a “buy” rating in a report on Wednesday. JPMorgan Chase & Co. upped their price objective on shares of AutoZone from $3,775.00 to $3,830.00 and gave the stock an “overweight” rating in a research report on Wednesday. Guggenheim increased their price target on shares of AutoZone from $3,750.00 to $3,850.00 and gave the company a “buy” rating in a report on Wednesday. Citigroup raised their price target on shares of AutoZone from $3,500.00 to $3,900.00 and gave the stock a “buy” rating in a research note on Wednesday, December 11th. Finally, Bank of America raised their target price on shares of AutoZone from $3,600.00 to $3,700.00 and gave the stock a “neutral” rating in a research report on Wednesday. One analyst has rated the stock with a sell rating, five have assigned a hold rating, fifteen have given a buy rating and four have issued a strong buy rating to the company’s stock. According to MarketBeat.com, AutoZone presently has an average rating of “Moderate Buy” and a consensus target price of $3,646.62.

AutoZone Stock Up 0.1 %

Shares of AutoZone stock opened at $3,620.28 on Friday. The firm has a market cap of $60.76 billion, a PE ratio of 24.19, a price-to-earnings-growth ratio of 1.86 and a beta of 0.71. AutoZone has a 52 week low of $2,728.97 and a 52 week high of $3,636.96. The business’s fifty day simple moving average is $3,365.96 and its 200-day simple moving average is $3,229.56.

AutoZone (NYSE:AZO) last posted its quarterly earnings data on Tuesday, March 4th. The company reported $28.29 EPS for the quarter, missing analysts’ consensus estimates of $29.11 by ($0.82). The business had revenue of $3.95 billion during the quarter, compared to analysts’ expectations of $3.98 billion. AutoZone had a net margin of 14.18% and a negative return on equity of 53.89%.

Insider Activity at AutoZone

In other news, SVP Bailey L. Childress sold 160 shares of AutoZone stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $3,550.00, for a total value of $568,000.00. Following the completion of the transaction, the senior vice president now directly owns 50 shares in the company, valued at approximately $177,500. The trade was a 76.19 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.10% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On AutoZone

Several hedge funds have recently added to or reduced their stakes in the company. Headlands Technologies LLC purchased a new position in AutoZone during the 4th quarter valued at about $29,000. Flagship Wealth Advisors LLC bought a new position in AutoZone in the 4th quarter valued at approximately $32,000. Harbour Investments Inc. lifted its position in AutoZone by 42.9% in the 4th quarter. Harbour Investments Inc. now owns 10 shares of the company’s stock valued at $32,000 after acquiring an additional 3 shares in the last quarter. Capital Performance Advisors LLP bought a new position in shares of AutoZone during the 3rd quarter valued at $36,000. Finally, Minot DeBlois Advisors LLC bought a new position in shares of AutoZone during the 4th quarter valued at $45,000. Institutional investors own 92.74% 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.