FY2025 Earnings Estimate for AutoZone Issued By DA Davidson

AutoZone, Inc. (NYSE:AZO) – Equities researchers at DA Davidson reduced their FY2025 EPS estimates for shares of AutoZone in a research note issued on Tuesday, March 25th. DA Davidson analyst M. Baker now forecasts that the company will earn $147.94 per share for the year, down from their prior forecast of $149.30. DA Davidson has a “Buy” rating and a $4,192.00 price target on the stock. The consensus estimate for AutoZone’s current full-year earnings is $152.94 per share. DA Davidson also issued estimates for AutoZone’s FY2026 earnings at $174.41 EPS.

Several other equities analysts have also recently issued reports on the stock. JPMorgan Chase & Co. lifted 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 note on Wednesday, March 5th. Roth Mkm upped their price target on AutoZone from $3,634.00 to $3,763.00 and gave the company a “buy” rating in a report on Wednesday, March 5th. Guggenheim increased their price objective on AutoZone from $3,750.00 to $3,850.00 and gave the company a “buy” rating in a research report on Wednesday, March 5th. Morgan Stanley lifted their target price on AutoZone from $3,490.00 to $3,750.00 and gave the stock an “overweight” rating in a report on Wednesday, March 5th. Finally, BMO Capital Markets upped their target price on AutoZone from $3,700.00 to $3,850.00 and gave the company an “outperform” rating in a report on Wednesday, March 5th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, sixteen have assigned a buy rating and four have issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $3,683.36.

AutoZone Trading Down 1.5 %

Shares of AutoZone stock opened at $3,769.72 on Thursday. AutoZone has a 52 week low of $2,728.97 and a 52 week high of $3,838.00. The stock has a market cap of $63.26 billion, a PE ratio of 25.19, a price-to-earnings-growth ratio of 1.86 and a beta of 0.71. The company’s 50-day moving average price is $3,483.80 and its two-hundred day moving average price is $3,278.52.

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

Hedge Funds Weigh In On AutoZone

Institutional investors and hedge funds have recently bought and sold shares of the stock. Headlands Technologies LLC bought a new position in shares of AutoZone during the 4th quarter worth about $29,000. Flagship Wealth Advisors LLC bought a new position in AutoZone during the fourth quarter valued at about $32,000. Harbour Investments Inc. increased its stake in AutoZone by 42.9% during the fourth quarter. Harbour Investments Inc. now owns 10 shares of the company’s stock valued at $32,000 after acquiring an additional 3 shares during the period. Minot DeBlois Advisors LLC acquired a new position in AutoZone in the 4th quarter valued at approximately $45,000. Finally, Itau Unibanco Holding S.A. lifted its position in AutoZone by 750.0% in the fourth quarter. Itau Unibanco Holding S.A. now owns 17 shares of the company’s stock worth $54,000 after purchasing an additional 15 shares during the period. Institutional investors own 92.74% of the company’s stock.

Insider Buying and Selling at AutoZone

In other AutoZone news, SVP K. Michelle Borninkhof sold 136 shares of AutoZone stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $3,550.08, for a total value of $482,810.88. Following the transaction, the senior vice president now directly owns 403 shares of the company’s stock, valued at $1,430,682.24. The trade was a 25.23 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Bailey L. Childress sold 160 shares of the company’s stock in a transaction that occurred 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 transaction, the senior vice president now owns 50 shares of the company’s stock, valued at approximately $177,500. This trade represents a 76.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 6,721 shares of company stock worth $24,609,331 over the last 90 days. 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.