AutoZone, Inc. (NYSE:AZO – Free Report) – Stock analysts at Wedbush dropped their FY2025 EPS estimates for shares of AutoZone in a research note issued 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 prior estimate of $152.10. Wedbush has a “Outperform” rating and a $3,700.00 price target 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.
AutoZone (NYSE:AZO – Get Free Report) 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). AutoZone had a negative return on equity of 53.89% and a net margin of 14.18%. The business had revenue of $3.95 billion during the quarter, compared to analysts’ expectations of $3.98 billion.
AutoZone Price Performance
AZO opened at $3,607.20 on Friday. The company’s 50 day simple moving average is $3,358.39 and its two-hundred day simple moving average is $3,226.46. AutoZone has a 1-year low of $2,728.97 and a 1-year high of $3,615.79. The firm has a market capitalization of $60.54 billion, a price-to-earnings ratio of 24.10, a price-to-earnings-growth ratio of 1.86 and a beta of 0.71.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Pittenger & Anderson Inc. grew its position in AutoZone by 5.2% during the fourth quarter. Pittenger & Anderson Inc. now owns 61 shares of the company’s stock worth $195,000 after buying an additional 3 shares during the period. Sound View Wealth Advisors Group LLC grew its position in shares of AutoZone by 2.0% in the fourth quarter. Sound View Wealth Advisors Group LLC now owns 152 shares of the company’s stock valued at $487,000 after purchasing an additional 3 shares during the last quarter. PDS Planning Inc grew its position in shares of AutoZone by 2.3% in the fourth quarter. PDS Planning Inc now owns 132 shares of the company’s stock valued at $423,000 after purchasing an additional 3 shares during the last quarter. Harbour Investments Inc. lifted its stake in shares of 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 buying an additional 3 shares during the period. Finally, Meeder Advisory Services Inc. lifted its stake in shares of AutoZone by 0.8% during the fourth quarter. Meeder Advisory Services Inc. now owns 371 shares of the company’s stock valued at $1,188,000 after buying an additional 3 shares during the period. 92.74% of the stock is currently owned by institutional investors and hedge funds.
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.
Further Reading
- Five stocks we like better than AutoZone
- Expert Stock Trading Psychology Tips
- Warren Buffett Swaps VOO for This Reliable Dividend Stock
- Why Are These Companies Considered Blue Chips?
- Palantir Bears Sell the Headlines—Time for Bulls to Buy?
- Canadian Penny Stocks: Can They Make You Rich?
- 3 Beaten Down Stocks With Quality Fundamentals and Outlook
Receive News & Ratings for AutoZone Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AutoZone and related companies with MarketBeat.com's FREE daily email newsletter.