Research Analysts Issue Forecasts for AutoZone, Inc.’s FY2025 Earnings (NYSE:AZO)

AutoZone, Inc. (NYSE:AZO) – Equities research analysts at William Blair dropped their FY2025 EPS estimates for AutoZone in a research report issued on Wednesday, September 25th. William Blair analyst P. Blee now expects that the company will post earnings per share of $154.26 for the year, down from their previous forecast of $166.80. The consensus estimate for AutoZone’s current full-year earnings is $151.08 per share.

A number of other brokerages have also recently issued reports on AZO. Truist Financial cut their target price on shares of AutoZone from $3,394.00 to $3,341.00 and set a “buy” rating for the company in a research report on Wednesday, September 25th. StockNews.com cut shares of AutoZone from a “buy” rating to a “hold” rating in a research report on Saturday, September 21st. Morgan Stanley lifted their price target on shares of AutoZone from $3,038.00 to $3,125.00 and gave the stock an “overweight” rating in a report on Wednesday, September 25th. Mizuho lifted their price target on shares of AutoZone from $3,280.00 to $3,350.00 and gave the stock an “outperform” rating in a report on Wednesday, September 25th. Finally, DA Davidson reiterated a “neutral” rating and set a $3,025.00 price target on shares of AutoZone in a report on Monday. Three equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $3,169.38.

AutoZone Trading Up 0.7 %

Shares of AZO opened at $3,173.14 on Monday. The stock has a market cap of $54.21 billion, a P/E ratio of 21.95, a PEG ratio of 1.43 and a beta of 0.71. The company has a 50-day moving average of $3,130.50 and a two-hundred day moving average of $3,011.95. AutoZone has a 12-month low of $2,375.35 and a 12-month high of $3,256.37.

AutoZone (NYSE:AZO) last announced its earnings results on Tuesday, September 24th. The company reported $48.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $53.31 by ($5.20). The business had revenue of $6.21 billion for the quarter, compared to analyst estimates of $6.25 billion. AutoZone had a negative return on equity of 54.58% and a net margin of 14.60%. The business’s revenue was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $46.46 EPS.

Insider Buying and Selling at AutoZone

In other AutoZone news, VP John Scott Murphy sold 1,580 shares of AutoZone stock in a transaction that occurred on Wednesday, September 25th. The shares were sold at an average price of $3,107.69, for a total transaction of $4,910,150.20. Following the transaction, the vice president now directly owns 1,218 shares of the company’s stock, valued at $3,785,166.42. The sale was disclosed in a filing with the SEC, which is available at this link. 2.50% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Boston Partners lifted its position in shares of AutoZone by 1.7% during the first quarter. Boston Partners now owns 382,169 shares of the company’s stock worth $1,202,596,000 after purchasing an additional 6,226 shares in the last quarter. PineStone Asset Management Inc. lifted its position in shares of AutoZone by 137.6% during the second quarter. PineStone Asset Management Inc. now owns 310,043 shares of the company’s stock worth $918,998,000 after purchasing an additional 179,543 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its position in shares of AutoZone by 11.8% during the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 212,831 shares of the company’s stock worth $550,296,000 after purchasing an additional 22,507 shares in the last quarter. Nordea Investment Management AB lifted its position in shares of AutoZone by 4.1% during the first quarter. Nordea Investment Management AB now owns 203,072 shares of the company’s stock worth $643,641,000 after purchasing an additional 7,988 shares in the last quarter. Finally, Captrust Financial Advisors lifted its position in shares of AutoZone by 564.2% during the first quarter. Captrust Financial Advisors now owns 152,091 shares of the company’s stock worth $479,338,000 after purchasing an additional 129,193 shares in the last quarter. 92.74% of the stock is owned by institutional investors and hedge funds.

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.