Roth Capital Has Optimistic Outlook of AutoZone Q3 Earnings

AutoZone, Inc. (NYSE:AZO) – Equities research analysts at Roth Capital raised their Q3 2025 earnings per share (EPS) estimates for AutoZone in a research note issued to investors on Wednesday, December 11th. Roth Capital analyst S. Stember now anticipates that the company will post earnings of $37.72 per share for the quarter, up from their prior forecast of $37.65. Roth Capital has a “Strong-Buy” rating on the stock. The consensus estimate for AutoZone’s current full-year earnings is $154.29 per share. Roth Capital also issued estimates for AutoZone’s Q4 2025 earnings at $58.82 EPS, FY2025 earnings at $157.61 EPS, Q1 2026 earnings at $38.60 EPS, Q2 2026 earnings at $36.26 EPS, Q3 2026 earnings at $41.98 EPS and Q4 2026 earnings at $65.47 EPS.

Several other equities research analysts also recently commented on AZO. Truist Financial upped their target price on AutoZone from $3,501.00 to $3,753.00 and gave the company a “buy” rating in a report on Wednesday. DA Davidson reiterated a “neutral” rating and set a $3,025.00 price target on shares of AutoZone in a report on Monday, September 30th. Citigroup increased their price objective on AutoZone from $3,500.00 to $3,900.00 and gave the stock a “buy” rating in a research note on Wednesday. UBS Group lifted their target price on AutoZone from $3,340.00 to $3,500.00 and gave the company a “buy” rating in a research note on Wednesday, September 25th. Finally, StockNews.com lowered shares of AutoZone from a “buy” rating to a “hold” rating in a research report on Saturday, September 21st. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, fourteen have assigned a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $3,360.47.

AutoZone Stock Performance

Shares of NYSE:AZO opened at $3,369.01 on Thursday. The company has a market capitalization of $56.95 billion, a PE ratio of 22.52, a price-to-earnings-growth ratio of 1.73 and a beta of 0.71. The stock has a fifty day moving average of $3,148.28 and a 200-day moving average of $3,061.08. AutoZone has a one year low of $2,510.00 and a one year high of $3,416.71.

AutoZone (NYSE:AZO) last released its earnings results on Tuesday, December 10th. The company reported $32.52 EPS for the quarter, missing analysts’ consensus estimates of $33.69 by ($1.17). The business had revenue of $4.28 billion during the quarter, compared to the consensus estimate of $4.30 billion. AutoZone had a negative return on equity of 53.89% and a net margin of 14.18%. The firm’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $32.55 earnings per share.

Insider Transactions at AutoZone

In related news, Chairman William C. Rhodes III sold 300 shares of the company’s stock in a transaction on Thursday, October 3rd. The shares were sold at an average price of $3,075.20, for a total transaction of $922,560.00. Following the completion of the sale, the chairman now directly owns 13,857 shares of the company’s stock, valued at approximately $42,613,046.40. This represents a 2.12 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP John Scott Murphy sold 1,580 shares of AutoZone 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 completion of the transaction, the vice president now owns 1,218 shares in the company, valued at $3,785,166.42. This trade represents a 56.47 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 14,880 shares of company stock worth $46,225,660. 2.10% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On AutoZone

Several large investors have recently bought and sold shares of the stock. ORG Partners LLC bought a new stake in shares of AutoZone in the second quarter valued at about $50,000. Envestnet Portfolio Solutions Inc. grew its holdings in shares of AutoZone by 39.2% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 387 shares of the company’s stock worth $1,147,000 after purchasing an additional 109 shares in the last quarter. Swedbank AB increased its position in shares of AutoZone by 5.6% during the second quarter. Swedbank AB now owns 16,524 shares of the company’s stock valued at $48,979,000 after purchasing an additional 869 shares during the period. Fiduciary Financial Group LLC acquired a new position in shares of AutoZone in the second quarter valued at $334,000. Finally, Assenagon Asset Management S.A. lifted its position in AutoZone by 39.3% in the second quarter. Assenagon Asset Management S.A. now owns 49,818 shares of the company’s stock worth $147,666,000 after purchasing an additional 14,050 shares during the period. 92.74% of the stock is currently owned by institutional investors and hedge funds.

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.