AutoZone (NYSE:AZO) Receives “Buy” Rating from Roth Capital

Roth Capital reaffirmed their buy rating on shares of AutoZone (NYSE:AZO) in a report released on Thursday morning,Benzinga reports. Roth Capital currently has a $4,750.00 target price on the stock, down from their previous target price of $4,800.00. Roth Capital also issued estimates for AutoZone’s Q4 2025 earnings at $50.82 EPS, Q3 2026 earnings at $41.79 EPS and Q4 2026 earnings at $58.25 EPS.

AZO has been the topic of a number of other research reports. Citigroup lowered their target price on shares of AutoZone from $4,900.00 to $4,775.00 and set a “buy” rating on the stock in a research note on Wednesday. Mizuho raised their price target on AutoZone from $3,740.00 to $4,050.00 and gave the company an “outperform” rating in a report on Thursday, July 3rd. BNP Paribas Exane upped their price objective on AutoZone from $4,155.00 to $4,811.00 and gave the stock an “outperform” rating in a research note on Wednesday. TD Cowen increased their target price on AutoZone from $4,300.00 to $4,900.00 and gave the stock a “buy” rating in a research report on Thursday, September 18th. Finally, JPMorgan Chase & Co. lifted their target price on AutoZone from $4,200.00 to $4,850.00 and gave the company an “overweight” rating in a research note on Monday, September 15th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $4,538.21.

AutoZone Trading Down 1.1%

Shares of NYSE:AZO opened at $4,131.49 on Thursday. The stock has a 50 day moving average of $4,069.65 and a 200 day moving average of $3,812.91. The company has a market cap of $69.33 billion, a PE ratio of 28.52, a price-to-earnings-growth ratio of 2.31 and a beta of 0.41. AutoZone has a 12-month low of $2,980.10 and a 12-month high of $4,388.11.

AutoZone (NYSE:AZO) last issued its quarterly earnings results on Tuesday, September 23rd. The company reported $48.71 earnings per share for the quarter, missing the consensus estimate of $50.52 by ($1.81). The firm had revenue of $6.24 billion for the quarter, compared to analysts’ expectations of $6.26 billion. AutoZone had a net margin of 13.19% and a negative return on equity of 60.49%. AutoZone’s revenue for the quarter was up .6% compared to the same quarter last year. During the same period in the prior year, the firm earned $51.58 EPS. Equities research analysts predict that AutoZone will post 152.94 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other AutoZone news, VP Richard Craig Smith sold 3,000 shares of AutoZone stock in a transaction that occurred on Thursday, July 24th. The stock was sold at an average price of $3,875.90, for a total value of $11,627,700.00. Following the sale, the vice president owned 2,925 shares of the company’s stock, valued at $11,337,007.50. The trade was a 50.63% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 2.10% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On AutoZone

Several institutional investors have recently bought and sold shares of AZO. Vanguard Group Inc. lifted its holdings in shares of AutoZone by 0.6% in the 2nd quarter. Vanguard Group Inc. now owns 1,771,004 shares of the company’s stock valued at $6,574,374,000 after acquiring an additional 11,142 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of AutoZone by 7.5% in the 1st quarter. JPMorgan Chase & Co. now owns 936,401 shares of the company’s stock worth $3,570,296,000 after purchasing an additional 65,368 shares during the period. Laurel Wealth Advisors LLC raised its holdings in AutoZone by 371,123.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 935,482 shares of the company’s stock valued at $3,472,724,000 after buying an additional 935,230 shares during the period. GAMMA Investing LLC lifted its position in AutoZone by 435,031.1% in the first quarter. GAMMA Investing LLC now owns 770,182 shares of the company’s stock worth $2,936,535,000 after buying an additional 770,005 shares during the last quarter. Finally, State Street Corp lifted its position in AutoZone by 1.6% in the second quarter. State Street Corp now owns 714,091 shares of the company’s stock worth $2,650,870,000 after buying an additional 11,088 shares during the last quarter. Institutional investors own 92.74% of the company’s stock.

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.