QQQ   414.65 (-2.07%)
AAPL   165.00 (-1.22%)
MSFT   399.12 (-1.27%)
META   481.07 (-4.13%)
GOOGL   154.09 (-1.23%)
AMZN   174.63 (-2.56%)
TSLA   147.05 (-1.92%)
NVDA   762.00 (-10.00%)
AMD   146.64 (-5.44%)
NIO   3.80 (-5.00%)
BABA   69.07 (+0.28%)
T   16.51 (+1.10%)
F   12.14 (+0.66%)
MU   106.77 (-4.61%)
GE   148.06 (-3.19%)
CGC   7.93 (+1.28%)
DIS   112.61 (+0.16%)
AMC   3.16 (+8.22%)
PFE   26.00 (+2.40%)
PYPL   62.31 (+0.34%)
XOM   119.88 (+1.15%)
QQQ   414.65 (-2.07%)
AAPL   165.00 (-1.22%)
MSFT   399.12 (-1.27%)
META   481.07 (-4.13%)
GOOGL   154.09 (-1.23%)
AMZN   174.63 (-2.56%)
TSLA   147.05 (-1.92%)
NVDA   762.00 (-10.00%)
AMD   146.64 (-5.44%)
NIO   3.80 (-5.00%)
BABA   69.07 (+0.28%)
T   16.51 (+1.10%)
F   12.14 (+0.66%)
MU   106.77 (-4.61%)
GE   148.06 (-3.19%)
CGC   7.93 (+1.28%)
DIS   112.61 (+0.16%)
AMC   3.16 (+8.22%)
PFE   26.00 (+2.40%)
PYPL   62.31 (+0.34%)
XOM   119.88 (+1.15%)
QQQ   414.65 (-2.07%)
AAPL   165.00 (-1.22%)
MSFT   399.12 (-1.27%)
META   481.07 (-4.13%)
GOOGL   154.09 (-1.23%)
AMZN   174.63 (-2.56%)
TSLA   147.05 (-1.92%)
NVDA   762.00 (-10.00%)
AMD   146.64 (-5.44%)
NIO   3.80 (-5.00%)
BABA   69.07 (+0.28%)
T   16.51 (+1.10%)
F   12.14 (+0.66%)
MU   106.77 (-4.61%)
GE   148.06 (-3.19%)
CGC   7.93 (+1.28%)
DIS   112.61 (+0.16%)
AMC   3.16 (+8.22%)
PFE   26.00 (+2.40%)
PYPL   62.31 (+0.34%)
XOM   119.88 (+1.15%)
QQQ   414.65 (-2.07%)
AAPL   165.00 (-1.22%)
MSFT   399.12 (-1.27%)
META   481.07 (-4.13%)
GOOGL   154.09 (-1.23%)
AMZN   174.63 (-2.56%)
TSLA   147.05 (-1.92%)
NVDA   762.00 (-10.00%)
AMD   146.64 (-5.44%)
NIO   3.80 (-5.00%)
BABA   69.07 (+0.28%)
T   16.51 (+1.10%)
F   12.14 (+0.66%)
MU   106.77 (-4.61%)
GE   148.06 (-3.19%)
CGC   7.93 (+1.28%)
DIS   112.61 (+0.16%)
AMC   3.16 (+8.22%)
PFE   26.00 (+2.40%)
PYPL   62.31 (+0.34%)
XOM   119.88 (+1.15%)
NYSE:AZO

AutoZone (AZO) Stock Price, News & Analysis

$2,985.54
+12.37 (+0.42%)
(As of 04:37 PM ET)
Today's Range
$2,971.71
$2,999.86
50-Day Range
$2,680.21
$3,239.06
52-Week Range
$2,277.88
$3,256.37
Volume
114,055 shs
Average Volume
155,395 shs
Market Capitalization
$51.71 billion
P/E Ratio
21.02
Dividend Yield
N/A
Price Target
$3,086.61

AutoZone MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.82 Rating Score
Upside/​Downside
3.4% Upside
$3,086.61 Price Target
Short Interest
Healthy
2.27% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.59
Upright™ Environmental Score
News Sentiment
0.62mentions of AutoZone in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$55.53 M Sold Last Quarter
Proj. Earnings Growth
9.63%
From $152.40 to $167.08 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.90 out of 5 stars

Retail/Wholesale Sector

70th out of 197 stocks

Auto & Home Supply Stores Industry

4th out of 6 stocks

AZO stock logo

About AutoZone Stock (NYSE:AZO)

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. It also offers A/C compressors, batteries and accessories, bearings, belts and hoses, calipers, chassis, clutches, CV axles, engines, fuel pumps, fuses, ignition and lighting products, mufflers, radiators, starters and alternators, thermostats, and water pumps, as well as tire repairs. In addition, the company provides maintenance products, such as antifreeze and windshield washer fluids; brake drums, rotors, shoes, and pads; brake and power steering fluids, and oil and fuel additives; oil and transmission fluids; oil, cabin, air, fuel, and transmission filters; oxygen sensors; paints and accessories; refrigerants and accessories; shock absorbers and struts; spark plugs and wires; and windshield wipers. Further, it offers air fresheners, cell phone accessories, drinks and snacks, floor mats and seat covers, interior and exterior accessories, mirrors, performance products, protectants and cleaners, sealants and adhesives, steering wheel covers, tools, vehicle entertainment systems, and wash and wax products, as well as towing services. Additionally, the company provides a sales program that offers commercial credit and delivery of parts and other products; sells automotive diagnostic and repair software under the ALLDATA brand through alldata.com and alldatadiy.com; and automotive hard parts, maintenance items, accessories, and non-automotive products through autozone.com. AutoZone, Inc. was founded in 1979 and is headquartered in Memphis, Tennessee.

AZO Stock Price History

AZO Stock News Headlines

Tiny Biotech Stock Wins $75 Billion Patent
A little-known biotech has been quietly working on revolutionary treatments for neurodegenerative diseases. Most people have never heard of them... but those in the know have been taking notice. Jeff Bezos cut them a check for $130 million. Fidelity Biosciences for a further $217 million. They've even had several collaborative partnerships with much larger companies like Biogen, Sanofi, and Takeda.
This Sector Ready to Outshine Key Rival, Says New Report
That's despite a one-month outperformance of the Consumer Staples Select Sector SPDR Fund NYSEARCA: XLP relative to the Consumer Discretionary Select Sector SPDR Fund NYSEARCA: XLY.
This Sector Ready to Outshine Key Rival, Says New Report (AZO)
Consumer discretionary stocks are likely to outpace consumer staples, says Bank of America. Consumers' resilience and greater automation are driving growth.
Tiny Biotech Stock Wins $75 Billion Patent
A little-known biotech has been quietly working on revolutionary treatments for neurodegenerative diseases. Most people have never heard of them... but those in the know have been taking notice. Jeff Bezos cut them a check for $130 million. Fidelity Biosciences for a further $217 million. They've even had several collaborative partnerships with much larger companies like Biogen, Sanofi, and Takeda.
AutoZone (NYSE:AZO) Cut to "Hold" at StockNews.com
AZO Apr 2024 2750.000 call
Estimating The Fair Value Of AutoZone, Inc. (NYSE:AZO)
AZO Apr 2024 2450.000 put
AZO Apr 2024 2780.000 call
See More Headlines
Receive AZO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for AutoZone and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/27/2024
Today
4/19/2024
Next Earnings (Estimated)
5/28/2024
Fiscal Year End
8/31/2024

Industry, Sector and Symbol

Industry
Auto & home supply stores
Sub-Industry
Automotive Retail
CUSIP
05333210
Employees
119,000
Year Founded
1979

Price Target and Rating

Average Stock Price Target
$3,086.61
High Stock Price Target
$3,523.00
Low Stock Price Target
$2,465.00
Potential Upside/Downside
+3.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.82
Research Coverage
17 Analysts

Profitability

Net Income
$2.53 billion
Pretax Margin
18.48%

Debt

Sales & Book Value

Annual Sales
$17.46 billion
Cash Flow
$169.72 per share
Book Value
($279.31) per share

Miscellaneous

Free Float
16,886,000
Market Cap
$51.68 billion
Optionable
Optionable
Beta
0.70

Social Links

20 Stocks to Sell Now Cover

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.

Get This Free Report

Should I Buy AutoZone Stock? AZO Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in AutoZone, Inc.:

  • AutoZone, Inc. has a strong presence in the automotive replacement parts and accessories market in the United States, Mexico, and Brazil, providing a wide range of products for various vehicles.
  • The company offers commercial credit and delivery services, enhancing customer convenience and potentially increasing sales volume.
  • AutoZone's online sales program and platforms like alldata.com and autozone.com cater to the growing trend of e-commerce in the automotive industry, potentially boosting revenue.
  • With a focus on providing a diverse range of automotive products, including maintenance items, accessories, and non-automotive products, AutoZone maintains a competitive edge in the market.
  • Investors may find AutoZone's stock price attractive, considering the company's solid financial performance and market position.

Cons

Investors should be bearish about investing in AutoZone, Inc. for these reasons:

  • AutoZone operates in a highly competitive industry with other major players, which could lead to pricing pressures and potential margin squeezes.
  • The automotive retail sector is subject to economic fluctuations and consumer spending patterns, impacting AutoZone's sales and profitability.
  • As a retailer heavily reliant on physical stores, AutoZone may face challenges in adapting to changing consumer preferences towards online shopping and digital experiences.
  • The company's performance is influenced by factors like vehicle sales, maintenance trends, and regulatory changes, which can introduce volatility to its financial results.
  • Investing in AutoZone requires monitoring industry trends, competitive dynamics, and macroeconomic conditions to make informed decisions due to the sector's inherent complexities.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these AutoZone pros and cons to contact@marketbeat.com.

AZO Stock Analysis - Frequently Asked Questions

Should I buy or sell AutoZone stock right now?

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AutoZone in the last twelve months. There are currently 4 hold ratings, 12 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AZO shares.
View AZO analyst ratings
or view top-rated stocks.

What is AutoZone's stock price target for 2024?

17 equities research analysts have issued 12 month target prices for AutoZone's shares. Their AZO share price targets range from $2,465.00 to $3,523.00. On average, they anticipate the company's stock price to reach $3,086.61 in the next year. This suggests a possible upside of 3.4% from the stock's current price.
View analysts price targets for AZO
or view top-rated stocks among Wall Street analysts.

How have AZO shares performed in 2024?

AutoZone's stock was trading at $2,585.61 on January 1st, 2024. Since then, AZO stock has increased by 15.5% and is now trading at $2,985.54.
View the best growth stocks for 2024 here
.

When is AutoZone's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 28th 2024.
View our AZO earnings forecast
.

How were AutoZone's earnings last quarter?

AutoZone, Inc. (NYSE:AZO) posted its quarterly earnings results on Tuesday, February, 27th. The company reported $28.89 EPS for the quarter, beating analysts' consensus estimates of $26.08 by $2.81. The company had revenue of $3.86 billion for the quarter, compared to the consensus estimate of $4.32 billion. AutoZone had a negative trailing twelve-month return on equity of 56.06% and a net margin of 14.70%. The company's revenue for the quarter was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $24.64 earnings per share.
Read the conference call transcript
.

What is Bill Rhodes III's approval rating as AutoZone's CEO?

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.

What other stocks do shareholders of AutoZone own?
Who are AutoZone's major shareholders?

AutoZone's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.26%), Los Angeles Capital Management LLC (0.17%), Allspring Global Investments Holdings LLC (0.12%), Pensioenfonds Rail & OV (0.08%), Artemis Investment Management LLP (0.06%) and Diversified Trust Co (0.04%). Insiders that own company stock include Albert Saltiel, Brian Hannasch, Charles Pleas III, Dennis W Leriche, Domingo Hurtado, Eric S Gould, George R Mrkonic Jr, Grant E Mcgee, Jane Huang, John Scott Murphy, K Michelle Borninkhof, Kristen C Wright, Mark A Finestone, Philip B Daniele, Preston Frazer, Richard Craig Smith, Ronald B Griffin, Thomas B Newbern, William C Rhodes III, William C Rhodes III and William R Hackney.
View institutional ownership trends
.

How do I buy shares of AutoZone?

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.
Compare Top Brokerages Here.

Does AutoZone have any subsidiaries?
The following companies are subsidiares of AutoZone: ALLDATA LLC, Alldata, Auto Palace, AutoAnything, AutoZone Development LLC, AutoZone IP LLC, AutoZone Northeast LLC, AutoZone Parts Inc., AutoZone Puerto Rico Inc., AutoZone Stores LLC, AutoZone Texas LLC, AutoZone West, AutoZone West LLC, AutoZone de México S. de R.L. de C.V., AutoZone.com Inc., Interamerican Motor Corporation, and Riverside Captive Insurance Company.
Read More
This page (NYSE:AZO) was last updated on 4/19/2024 by MarketBeat.com Staff

From Our Partners