Research Analysts Set Expectations for AutoZone Q3 Earnings

AutoZone, Inc. (NYSE:AZO) – Equities researchers at DA Davidson increased their Q3 2025 earnings estimates for shares of AutoZone in a report issued on Tuesday, March 25th. DA Davidson analyst M. Baker now anticipates that the company will post earnings of $36.91 per share for the quarter, up from their previous forecast of $36.84. DA Davidson has a “Buy” rating and a $4,192.00 price objective on the stock. The consensus estimate for AutoZone’s current full-year earnings is $152.94 per share.

Other equities analysts have also issued research reports about the stock. Roth Mkm increased their price objective on shares of AutoZone from $3,634.00 to $3,763.00 and gave the company a “buy” rating in a research report on Wednesday, March 5th. Argus lowered AutoZone from a “buy” rating to a “hold” rating in a research report on Wednesday, March 5th. JPMorgan Chase & Co. increased their price target on AutoZone from $3,775.00 to $3,830.00 and gave the company an “overweight” rating in a report on Wednesday, March 5th. Citigroup raised their price objective on shares of AutoZone from $3,500.00 to $3,900.00 and gave the stock a “buy” rating in a research note on Wednesday, December 11th. Finally, TD Cowen increased their price target on AutoZone from $3,450.00 to $3,800.00 and gave the stock a “buy” rating in a report on Monday, December 16th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, sixteen have given a buy rating and four have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $3,683.36.

AutoZone Stock Performance

AZO stock opened at $3,825.31 on Wednesday. The firm has a fifty day moving average price of $3,472.82 and a 200 day moving average price of $3,273.98. AutoZone has a fifty-two week low of $2,728.97 and a fifty-two week high of $3,838.00. The firm has a market cap of $64.20 billion, a PE ratio of 25.56, a price-to-earnings-growth ratio of 1.86 and a beta of 0.71.

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

Insiders Place Their Bets

In related news, VP Richard Craig Smith sold 2,850 shares of the company’s stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $3,610.00, for a total transaction of $10,288,500.00. Following the transaction, the vice president now directly owns 2,924 shares of the company’s stock, valued at $10,555,640. This represents a 49.36 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Bailey L. Childress sold 160 shares of the stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $3,550.00, for a total value of $568,000.00. Following the completion of the sale, the senior vice president now owns 50 shares of the company’s stock, valued at approximately $177,500. This trade represents a 76.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 4,721 shares of company stock worth $17,009,311. 2.10% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On AutoZone

Several hedge funds have recently modified their holdings of AZO. Geode Capital Management LLC increased its stake in AutoZone by 1.8% during the 3rd quarter. Geode Capital Management LLC now owns 421,716 shares of the company’s stock valued at $1,326,545,000 after purchasing an additional 7,365 shares in the last quarter. Proficio Capital Partners LLC increased its position in shares of AutoZone by 482,040.2% in the 4th quarter. Proficio Capital Partners LLC now owns 419,462 shares of the company’s stock valued at $1,343,117,000 after acquiring an additional 419,375 shares during the period. Price T Rowe Associates Inc. MD raised its stake in AutoZone by 5.7% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 324,616 shares of the company’s stock worth $1,039,421,000 after acquiring an additional 17,518 shares during the last quarter. Norges Bank acquired a new stake in AutoZone during the 4th quarter worth about $834,556,000. Finally, PineStone Asset Management Inc. lifted its position in AutoZone by 6.9% during the 4th quarter. PineStone Asset Management Inc. now owns 213,575 shares of the company’s stock worth $683,867,000 after acquiring an additional 13,771 shares during the period. Institutional investors and hedge funds own 92.74% of the company’s stock.

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.