Wedbush Issues Negative Estimate for AutoZone Earnings

AutoZone, Inc. (NYSE:AZO) – Equities researchers at Wedbush cut their Q3 2025 earnings estimates for shares of AutoZone in a research report issued on Wednesday, March 5th. Wedbush analyst S. Basham now expects that the company will earn $38.13 per share for the quarter, down from their prior estimate of $39.25. Wedbush has a “Outperform” rating and a $3,700.00 price target on the stock. The consensus estimate for AutoZone’s current full-year earnings is $152.94 per share. Wedbush also issued estimates for AutoZone’s Q4 2025 earnings at $49.95 EPS.

AutoZone (NYSE:AZO) last issued its quarterly earnings data on Tuesday, March 4th. The company reported $28.29 EPS for the quarter, missing analysts’ consensus estimates of $29.11 by ($0.82). AutoZone had a negative return on equity of 53.89% and a net margin of 14.18%. The company had revenue of $3.95 billion for the quarter, compared to analyst estimates of $3.98 billion.

A number of other analysts have also issued reports on the stock. Wells Fargo & Company lifted their price objective on shares of AutoZone from $3,750.00 to $3,850.00 and gave the company an “overweight” rating in a research note on Wednesday. JPMorgan Chase & Co. lifted their price target on shares of AutoZone from $3,775.00 to $3,830.00 and gave the stock an “overweight” rating in a research note on Wednesday. Roth Mkm boosted their price objective on shares of AutoZone from $3,634.00 to $3,763.00 and gave the stock a “buy” rating in a report on Wednesday. Mizuho raised their target price on AutoZone from $3,600.00 to $3,740.00 and gave the company an “outperform” rating in a research note on Wednesday. Finally, Bank of America lifted their target price on AutoZone from $3,600.00 to $3,700.00 and gave the stock a “neutral” rating in a research report on Wednesday. One analyst has rated the stock with a sell rating, five have issued a hold rating, fifteen have given a buy rating and four have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $3,646.62.

AutoZone Stock Performance

AutoZone stock opened at $3,607.20 on Thursday. The firm has a market capitalization of $60.54 billion, a PE ratio of 24.10, a price-to-earnings-growth ratio of 1.86 and a beta of 0.71. AutoZone has a one year low of $2,728.97 and a one year high of $3,615.79. The stock’s 50 day moving average price is $3,358.39 and its 200 day moving average price is $3,226.46.

Institutional Investors Weigh In On AutoZone

Large investors have recently added to or reduced their stakes in the stock. Headlands Technologies LLC acquired a new position in shares of AutoZone during the fourth quarter valued at $29,000. Flagship Wealth Advisors LLC bought a new stake in AutoZone in the 4th quarter valued at about $32,000. Harbour Investments Inc. boosted its stake in AutoZone by 42.9% during the 4th quarter. Harbour Investments Inc. now owns 10 shares of the company’s stock valued at $32,000 after purchasing an additional 3 shares during the period. Capital Performance Advisors LLP bought a new position in AutoZone in the 3rd quarter worth about $36,000. Finally, Minot DeBlois Advisors LLC acquired a new stake in shares of AutoZone in the fourth quarter valued at approximately $45,000. 92.74% of the stock is owned by institutional investors and hedge funds.

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.