Zacks Research Analysts Cut Earnings Estimates for AutoZone, Inc. (NYSE:AZO)

AutoZone, Inc. (NYSE:AZO) – Investment analysts at Zacks Research decreased their Q1 2025 EPS estimates for AutoZone in a report issued on Monday, October 7th. Zacks Research analyst L. Shahu now expects that the company will earn $34.17 per share for the quarter, down from their prior forecast of $36.33. The consensus estimate for AutoZone’s current full-year earnings is $151.08 per share. Zacks Research also issued estimates for AutoZone’s Q2 2025 earnings at $30.90 EPS, Q4 2025 earnings at $53.90 EPS, FY2025 earnings at $159.38 EPS, Q1 2026 earnings at $38.57 EPS, Q2 2026 earnings at $38.96 EPS and FY2026 earnings at $177.74 EPS.

AutoZone (NYSE:AZO) last issued its quarterly earnings data on Tuesday, September 24th. The company reported $48.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $53.31 by ($5.20). The business had revenue of $6.21 billion during the quarter, compared to the consensus estimate of $6.25 billion. AutoZone had a net margin of 14.60% and a negative return on equity of 54.58%. The firm’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same quarter last year, the business earned $46.46 EPS.

Several other analysts also recently issued reports on AZO. Redburn Atlantic raised shares of AutoZone to a “strong-buy” rating in a research report on Tuesday, October 1st. Mizuho lifted their price target on shares of AutoZone from $3,280.00 to $3,350.00 and gave the company an “outperform” rating in a research report on Wednesday, September 25th. UBS Group lifted their price target on shares of AutoZone from $3,340.00 to $3,500.00 and gave the company a “buy” rating in a research report on Wednesday, September 25th. Morgan Stanley lifted their price objective on shares of AutoZone from $3,038.00 to $3,125.00 and gave the stock an “overweight” rating in a report on Wednesday, September 25th. Finally, BNP Paribas raised shares of AutoZone to a “strong-buy” rating in a report on Wednesday, September 25th. Three investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $3,182.33.

AutoZone Stock Down 1.2 %

Shares of AZO stock opened at $3,107.35 on Thursday. The company has a market cap of $53.08 billion, a price-to-earnings ratio of 21.75, a price-to-earnings-growth ratio of 1.43 and a beta of 0.70. AutoZone has a 52 week low of $2,375.35 and a 52 week high of $3,256.37. The firm has a 50 day moving average of $3,132.21 and a 200-day moving average of $3,008.96.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Crestmont Private Wealth LLC lifted its holdings in AutoZone by 8.1% in the 3rd quarter. Crestmont Private Wealth LLC now owns 133 shares of the company’s stock worth $419,000 after purchasing an additional 10 shares in the last quarter. Exchange Traded Concepts LLC raised its holdings in shares of AutoZone by 208.3% during the 3rd quarter. Exchange Traded Concepts LLC now owns 962 shares of the company’s stock worth $3,030,000 after acquiring an additional 650 shares in the last quarter. Carnegie Investment Counsel raised its holdings in shares of AutoZone by 34.5% during the 3rd quarter. Carnegie Investment Counsel now owns 1,120 shares of the company’s stock worth $3,528,000 after acquiring an additional 287 shares in the last quarter. HCR Wealth Advisors raised its holdings in shares of AutoZone by 1.3% during the 3rd quarter. HCR Wealth Advisors now owns 1,606 shares of the company’s stock worth $5,059,000 after acquiring an additional 20 shares in the last quarter. Finally, Code Waechter LLC purchased a new stake in shares of AutoZone during the 3rd quarter worth approximately $302,000. 92.74% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, VP John Scott Murphy sold 1,580 shares of the stock in a transaction on Wednesday, September 25th. The stock was sold at an average price of $3,107.69, for a total value of $4,910,150.20. Following the sale, the vice president now directly owns 1,218 shares of the company’s stock, valued at approximately $3,785,166.42. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, VP John Scott Murphy sold 1,580 shares of the stock in a transaction on Wednesday, September 25th. The stock was sold at an average price of $3,107.69, for a total transaction of $4,910,150.20. Following the sale, the vice president now directly owns 1,218 shares of the company’s stock, valued at $3,785,166.42. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Chairman William C. Rhodes III sold 300 shares of the stock in a transaction on Thursday, October 3rd. The shares were sold at an average price of $3,075.20, for a total value of $922,560.00. Following the sale, the chairman now directly owns 13,857 shares in the company, valued at $42,613,046.40. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.50% of the stock is owned by corporate insiders.

About AutoZone

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.