Q1 Earnings Estimate for AutoZone Issued By Roth Capital

AutoZone, Inc. (NYSE:AZO) – Equities researchers at Roth Capital issued their Q1 2027 earnings estimates for shares of AutoZone in a research report issued to clients and investors on Thursday, September 25th. Roth Capital analyst S. Stember forecasts that the company will post earnings per share of $41.00 for the quarter. Roth Capital has a “Buy” rating and a $4,750.00 price target on the stock. The consensus estimate for AutoZone’s current full-year earnings is $152.94 per share. Roth Capital also issued estimates for AutoZone’s Q2 2027 earnings at $37.26 EPS and Q4 2027 earnings at $64.40 EPS.

Several other brokerages have also recently weighed in on AZO. Truist Financial decreased their price target on AutoZone from $4,504.00 to $4,499.00 and set a “buy” rating for the company in a research note on Wednesday. BMO Capital Markets raised their price target on shares of AutoZone from $4,100.00 to $4,600.00 and gave the stock an “outperform” rating in a report on Thursday. TD Cowen boosted their price target on shares of AutoZone from $4,300.00 to $4,900.00 and gave the stock a “buy” rating in a research report on Thursday, September 18th. Jefferies Financial Group increased their price objective on shares of AutoZone from $4,255.00 to $4,750.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, DA Davidson restated a “buy” rating and issued a $4,850.00 target price on shares of AutoZone in a report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $4,538.21.

AutoZone Stock Up 1.5%

Shares of AutoZone stock opened at $4,196.29 on Friday. The stock has a market cap of $70.41 billion, a price-to-earnings ratio of 28.96, a P/E/G ratio of 1.89 and a beta of 0.41. AutoZone has a twelve month low of $2,980.10 and a twelve month high of $4,388.11. The company’s fifty day moving average is $4,079.31 and its 200 day moving average is $3,817.29.

AutoZone (NYSE:AZO) last announced its quarterly earnings results on Tuesday, September 23rd. The company reported $48.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $50.52 by ($1.81). The business had revenue of $6.24 billion during the quarter, compared to analyst estimates of $6.26 billion. AutoZone had a net margin of 13.19% and a negative return on equity of 60.49%. The company’s revenue was up .6% compared to the same quarter last year. During the same quarter last year, the company posted $51.58 earnings per share.

Institutional Investors Weigh In On AutoZone

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Caldwell Trust Co bought a new position in AutoZone in the 2nd quarter valued at about $1,745,000. Valeo Financial Advisors LLC increased its holdings in AutoZone by 21.7% during the 2nd quarter. Valeo Financial Advisors LLC now owns 84 shares of the company’s stock worth $312,000 after purchasing an additional 15 shares in the last quarter. SevenBridge Financial Group LLC raised its stake in shares of AutoZone by 71.2% in the second quarter. SevenBridge Financial Group LLC now owns 673 shares of the company’s stock worth $2,692,000 after purchasing an additional 280 shares during the last quarter. Thrivent Financial for Lutherans lifted its holdings in shares of AutoZone by 130.4% in the second quarter. Thrivent Financial for Lutherans now owns 2,000 shares of the company’s stock valued at $7,419,000 after purchasing an additional 1,132 shares in the last quarter. Finally, MASTERINVEST Kapitalanlage GmbH purchased a new position in shares of AutoZone during the second quarter valued at approximately $2,469,000. 92.74% of the stock is owned by institutional investors.

Insider Activity at AutoZone

In related news, VP Richard Craig Smith sold 3,000 shares of AutoZone stock in a transaction on Thursday, July 24th. The shares were sold at an average price of $3,875.90, for a total value of $11,627,700.00. Following the completion of the sale, the vice president owned 2,925 shares of the company’s stock, valued at approximately $11,337,007.50. This trade represents a 50.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP John Scott Murphy sold 2,860 shares of the company’s stock in a transaction on Wednesday, September 24th. The stock was sold at an average price of $4,175.70, for a total transaction of $11,942,502.00. Following the transaction, the vice president owned 1,244 shares in the company, valued at approximately $5,194,570.80. The trade was a 69.69% decrease in their position. The disclosure for this sale can be found here. Insiders own 2.10% 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.