DA Davidson Issues Optimistic Forecast for AutoZone Earnings

AutoZone, Inc. (NYSE:AZO) – Equities research analysts at DA Davidson boosted their Q3 2025 earnings per share (EPS) estimates for AutoZone in a research note issued to investors on Tuesday, March 25th. DA Davidson analyst M. Baker now anticipates that the company will earn $36.91 per share for the quarter, up from their previous forecast of $36.84. DA Davidson currently has a “Buy” rating and a $4,192.00 target price on the stock. The consensus estimate for AutoZone’s current full-year earnings is $152.94 per share.

A number of other equities research analysts have also commented on the company. UBS Group upped their price target on AutoZone from $3,875.00 to $4,025.00 and gave the company a “buy” rating in a research report on Wednesday, March 5th. Evercore ISI upped their target price on AutoZone from $3,525.00 to $3,700.00 and gave the company an “outperform” rating in a report on Wednesday, March 5th. Bank of America increased their target price on shares of AutoZone from $3,600.00 to $3,700.00 and gave the company a “neutral” rating in a research report on Wednesday, March 5th. Barclays boosted their price target on shares of AutoZone from $3,024.00 to $3,585.00 and gave the stock an “overweight” rating in a research report on Thursday, January 9th. Finally, Roth Mkm upped their price objective on shares of AutoZone from $3,634.00 to $3,763.00 and gave the company a “buy” rating in a research note on Wednesday, March 5th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, sixteen have assigned a buy rating and four have assigned a strong buy rating to the stock. Based on data from MarketBeat, AutoZone has a consensus rating of “Moderate Buy” and an average target price of $3,683.36.

AutoZone Stock Up 0.2 %

NYSE AZO opened at $3,680.19 on Wednesday. The company has a market capitalization of $61.76 billion, a price-to-earnings ratio of 24.59, a PEG ratio of 1.86 and a beta of 0.71. AutoZone has a twelve month low of $2,728.97 and a twelve month high of $3,704.43. The stock has a fifty day simple moving average of $3,460.20 and a 200 day simple moving average of $3,270.12.

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

Institutional Investors Weigh In On AutoZone

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Proficio Capital Partners LLC boosted its stake in AutoZone by 482,040.2% during the 4th quarter. Proficio Capital Partners LLC now owns 419,462 shares of the company’s stock valued at $1,343,117,000 after purchasing an additional 419,375 shares during the last quarter. Norges Bank purchased a new position in shares of AutoZone during the fourth quarter valued at approximately $834,556,000. Strategic Financial Concepts LLC bought a new stake in AutoZone during the fourth quarter worth $471,629,000. Wealthfront Advisers LLC grew its holdings in AutoZone by 6,083.9% during the fourth quarter. Wealthfront Advisers LLC now owns 90,656 shares of the company’s stock worth $290,281,000 after buying an additional 89,190 shares in the last quarter. Finally, Barclays PLC raised its position in AutoZone by 82.6% in the 4th quarter. Barclays PLC now owns 170,216 shares of the company’s stock valued at $545,033,000 after buying an additional 77,015 shares during the last quarter. Institutional investors and hedge funds own 92.74% of the company’s stock.

Insiders Place Their Bets

In other AutoZone news, VP Dennis W. Leriche sold 1,575 shares of the company’s stock in a transaction on Friday, March 7th. The shares were sold at an average price of $3,600.00, for a total transaction of $5,670,000.00. Following the transaction, the vice president now owns 417 shares in the company, valued at approximately $1,501,200. This represents a 79.07 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Bailey L. Childress sold 160 shares of the firm’s stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $3,550.00, for a total transaction of $568,000.00. Following the completion of the transaction, the senior vice president now directly owns 50 shares in the company, valued at $177,500. This trade represents a 76.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 4,721 shares of company stock worth $17,009,311. Corporate insiders own 2.10% 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.