AutoZone (AZO) Stock Price, News & Analysis

19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AutoZone in the last year. There are currently 4 hold ratings, 14 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AZO shares.
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19 equities research analysts have issued 1 year price targets for AutoZone's shares. Their AZO share price targets range from $2,465.00 to $3,100.00. On average, they predict the company's share price to reach $2,851.50 in the next year. This suggests a possible upside of 10.3% from the stock's current price.
View analysts price targets for AZO or view top-rated stocks among Wall Street analysts.

AutoZone's stock was trading at $2,466.18 on January 1st, 2023. Since then, AZO stock has increased by 4.8% and is now trading at $2,585.61.
View the best growth stocks for 2023 here.

AutoZone saw a drop in short interest in December. As of December 15th, there was short interest totaling 369,500 shares, a drop of 22.5% from the November 30th total of 476,600 shares. Based on an average daily volume of 140,100 shares, the short-interest ratio is presently 2.6 days. Currently, 2.1% of the company's stock are sold short.
View AutoZone's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024.
View our AZO earnings forecast.

AutoZone, Inc. (NYSE:AZO) issued its earnings results on Tuesday, December, 5th. The company reported $32.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $31.57 by $0.98. The business earned $4.19 billion during the quarter, compared to the consensus estimate of $4.19 billion. AutoZone had a net margin of 14.62% and a negative trailing twelve-month return on equity of 57.23%. The company's revenue was up 5.1% on a year-over-year basis. During the same period in the prior year, the company earned $27.45 earnings per share.
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ETFs with the largest weight of AutoZone (NYSE:AZO) stock in their portfolio include VanEck Retail ETF (RTH), First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL), SEI Enhanced U.S. Large Cap Momentum Factor ETF (SEIM), AB US Low Volatility Equity ETF (LOWV), Alpha Intelligent - Large Cap Growth ETF (AILG), ASYMshares ASYMmetric S&P 500 ETF (ASPY), Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) and Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD).

1,445 employees have rated AutoZone Chief Executive Officer Bill Rhodes III on Glassdoor.com. Bill Rhodes III has an approval rating of 66% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other AutoZone investors own include Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Hawkins (HWKN), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH), Micron Technology (MU), Accenture (ACN) and Och-Ziff Capital Management Group (OZM).

Shares of AZO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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