DA Davidson Estimates AutoZone’s Q1 Earnings (NYSE:AZO)

AutoZone, Inc. (NYSE:AZO) – DA Davidson issued their Q1 2026 earnings per share (EPS) estimates for AutoZone in a research note issued to investors on Wednesday, October 1st. DA Davidson analyst M. Baker expects that the company will earn $33.37 per share for the quarter. DA Davidson has a “Buy” rating and a $4,850.00 price objective on the stock. The consensus estimate for AutoZone’s current full-year earnings is $152.94 per share. DA Davidson also issued estimates for AutoZone’s FY2026 earnings at $174.26 EPS.

AutoZone (NYSE:AZO) last released its 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). AutoZone had a net margin of 13.19% and a negative return on equity of 60.49%. The company had revenue of $6.24 billion for the quarter, compared to analysts’ expectations of $6.26 billion. During the same quarter last year, the firm posted $51.58 earnings per share. AutoZone’s revenue for the quarter was up .6% on a year-over-year basis.

AZO has been the topic of several other research reports. Guggenheim increased their price target on AutoZone from $4,100.00 to $4,600.00 and gave the company a “buy” rating in a report on Wednesday, September 24th. UBS Group lowered their price objective on shares of AutoZone from $4,925.00 to $4,800.00 and set a “buy” rating for the company in a research note on Wednesday, September 24th. Truist Financial lowered their target price on shares of AutoZone from $4,504.00 to $4,499.00 and set a “buy” rating for the company in a research note on Wednesday, September 24th. BMO Capital Markets increased their price objective on shares of AutoZone from $4,100.00 to $4,600.00 and gave the company an “outperform” rating in a research report on Thursday, September 25th. Finally, Wolfe Research started coverage on AutoZone in a report on Thursday, September 18th. They issued an “outperform” rating and a $4,741.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $4,538.21.

AutoZone Trading Up 0.3%

Shares of AZO stock opened at $4,259.54 on Thursday. The stock has a market capitalization of $71.48 billion, a price-to-earnings ratio of 29.40, a price-to-earnings-growth ratio of 2.00 and a beta of 0.40. AutoZone has a 12-month low of $2,980.10 and a 12-month high of $4,388.11. The stock’s 50-day moving average price is $4,118.04 and its 200-day moving average price is $3,836.62.

Institutional Investors Weigh In On AutoZone

Large investors have recently modified their holdings of the stock. AlphaCore Capital LLC acquired a new position in AutoZone during the 1st quarter worth $27,000. Saudi Central Bank acquired a new position in shares of AutoZone during the first quarter worth approximately $27,000. Aspect Partners LLC grew its stake in shares of AutoZone by 700.0% in the second quarter. Aspect Partners LLC now owns 8 shares of the company’s stock worth $30,000 after purchasing an additional 7 shares in the last quarter. Bank of Jackson Hole Trust acquired a new position in AutoZone during the 2nd quarter valued at about $33,000. Finally, NewSquare Capital LLC raised its holdings in AutoZone by 50.0% during the second quarter. NewSquare Capital LLC now owns 9 shares of the company’s stock worth $33,000 after purchasing an additional 3 shares in the last quarter. Institutional investors and hedge funds own 92.74% of the company’s stock.

Insider Buying and Selling at AutoZone

In other AutoZone news, VP John Scott Murphy sold 2,860 shares of the business’s stock in a transaction on Wednesday, September 24th. The stock was sold at an average price of $4,175.70, for a total value of $11,942,502.00. Following the completion of the transaction, the vice president directly 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 sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Richard Craig Smith sold 3,000 shares of the stock in a transaction dated Thursday, July 24th. The stock was sold at an average price of $3,875.90, for a total transaction of $11,627,700.00. Following the transaction, the vice president owned 2,925 shares in the company, valued at approximately $11,337,007.50. The trade was a 50.63% decrease in their ownership of the stock. 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.