Free Trial

AutoZone (AZO) Stock Price, News & Analysis

$3,203.57
+16.76 (+0.53%)
(As of 08/21/2024 ET)
Today's Range
$3,193.76
$3,213.24
50-Day Range
$2,813.40
$3,212.87
52-Week Range
$2,375.35
$3,256.37
Volume
79,067 shs
Average Volume
144,608 shs
Market Capitalization
$54.73 billion
P/E Ratio
22.16
Dividend Yield
N/A
Price Target
$3,112.71

AutoZone MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.94 Rating Score
Upside/​Downside
2.8% Downside
$3,112.71 Price Target
Short Interest
Healthy
2.39% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.59
Upright™ Environmental Score
News Sentiment
1.04mentions of AutoZone in the last 14 days
Based on 11 Articles This Week
Insider Trading
Acquiring Shares
$99,256 Bought Last Quarter
Proj. Earnings Growth
8.05%
From $151.37 to $163.56 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.

3.44 out of 5 stars

Retail/Wholesale Sector

62nd out of 193 stocks

Auto & Home Supply Stores Industry

3rd 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

Ulta Salon, Cosmetics and Fragrance Retail Location. Ulta Provides Beauty Products and a Salon
3 High-ROIC Stocks to Watch During a Market Sell-Off (AZO)
Three stocks offer high ROIC for investors to consider them during a time when markets are selling off, it is these sort of businesses that outperform
What Is the $7,882 Stimulus Payment 2024?
Biden’s government just announced a new government "stimulus program"... And it could hand you a payment for as much as $7,882 — each quarter.
AZO Sep 2024 3030.000 call (AZO240920C03030000)
What Is the $7,882 Stimulus Payment 2024?
Biden’s government just announced a new government "stimulus program"... And it could hand you a payment for as much as $7,882 — each quarter.
AutoZone, Inc. (AZ5.F)
AZO Aug 2024 3160.000 put
AZO Aug 2024 3450.000 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
5/21/2024
Today
8/21/2024
Fiscal Year End
8/31/2024
Next Earnings (Estimated)
9/17/2024

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
$3,112.71
High Stock Price Target
$3,394.00
Low Stock Price Target
$2,600.00
Potential Upside/Downside
-2.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.94
Research Coverage
18 Analysts

Profitability

Net Income
$2.53 billion
Pretax Margin
18.40%

Debt

Sales & Book Value

Annual Sales
$17.98 billion
Cash Flow
$170.13 per share
Book Value
($283.22) per share

Miscellaneous

Free Float
16,656,000
Market Cap
$54.73 billion
Optionable
Optionable
Beta
0.71

Social Links

10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

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's stock price has been showing positive momentum, currently trading at $3,090.31, indicating potential growth.
  • AutoZone has consistently reported strong earnings, with a recent EPS of $36.69, surpassing analyst estimates.
  • AutoZone has a solid market capitalization of $52.78 billion, reflecting the company's stability and market presence.
  • Analysts have given AutoZone a positive outlook, with a majority of ratings being "buy" or "strong buy," indicating confidence in the company's performance.
  • AutoZone's revenue growth of 3.6% compared to the previous year demonstrates the company's ability to generate consistent income.

Cons

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

  • AutoZone's stock price volatility may pose a risk to investors, as fluctuations could impact investment returns.
  • The negative return on equity of 54.58% indicates potential financial challenges within the company.
  • AutoZone's P/E ratio of 21.42 suggests the stock may be slightly overvalued based on its earnings performance.
  • The company's P/E/G ratio of 1.52 may signal that the stock is not a strong growth opportunity compared to its price.
  • While revenue growth is positive, the net margin of 14.60% raises concerns about the company's profitability and efficiency.
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 Tuesday, August 13, 2024. Please send any questions or comments about these AutoZone pros and cons to contact@marketbeat.com.

AZO Stock Analysis - Frequently Asked Questions

How have AZO shares performed this year?

AutoZone's stock was trading at $2,585.61 at the start of the year. Since then, AZO stock has increased by 23.9% and is now trading at $3,203.57.
View the best growth stocks for 2024 here
.

How were AutoZone's earnings last quarter?

AutoZone, Inc. (NYSE:AZO) issued its earnings results on Tuesday, May, 21st. The company reported $36.69 EPS for the quarter, beating the consensus estimate of $35.67 by $1.02. The company's revenue was up 3.6% compared to the same quarter last year.
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.

Does AutoZone have any subsidiaries?

AutoZone subsidiaries include these companies: Interamerican Motor Corporation, AutoAnything, AutoZone West, Auto Palace, Alldata, ALLDATA LLC, AutoZone.com Inc., and more.

Who are AutoZone's major shareholders?

Top institutional investors of AutoZone include Fiera Capital Corp (2.52%), PineStone Asset Management Inc. (1.82%), Marshfield Associates (0.99%) and Legal & General Group Plc (0.88%). Insiders that own company stock include William C Rhodes III, George R Mrkonic Jr, Charles Pleas III, Richard Craig Smith, Thomas B Newbern, Eric S Gould, Philip B Daniele, Preston Frazer, Albert Saltiel, K Michelle Borninkhof, Brian Hannasch, Dennis W Leriche, Grant E Mcgee, Kristen C Wright, Domingo Hurtado, Jenna M Bedsole, William R Hackney and John Scott Murphy.
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.

What other stocks do shareholders of AutoZone own?

Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and Athabasca Oil (ATH).

This page (NYSE:AZO) was last updated on 8/22/2024 by MarketBeat.com Staff

From Our Partners