What is DA Davidson’s Estimate for AutoZone FY2025 Earnings?

AutoZone, Inc. (NYSE:AZO) – DA Davidson dropped their FY2025 EPS estimates for AutoZone in a report released on Tuesday, March 25th. DA Davidson analyst M. Baker now anticipates that the company will post earnings per share of $147.94 for the year, down from their prior forecast of $149.30. DA Davidson currently has a “Buy” rating and a $4,192.00 price target on the stock. The consensus estimate for AutoZone’s current full-year earnings is $152.94 per share. DA Davidson also issued estimates for AutoZone’s FY2026 earnings at $174.41 EPS.

AZO has been the topic of a number of other reports. Raymond James restated a “strong-buy” rating on shares of AutoZone in a report on Wednesday, March 5th. BMO Capital Markets boosted their target price on AutoZone from $3,700.00 to $3,850.00 and gave the company an “outperform” rating in a research note on Wednesday, March 5th. Mizuho upped their price target on AutoZone from $3,600.00 to $3,740.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 5th. Barclays lifted their price objective on shares of AutoZone from $3,024.00 to $3,585.00 and gave the company an “overweight” rating in a report on Thursday, January 9th. Finally, Evercore ISI boosted their price objective on shares of AutoZone from $3,525.00 to $3,700.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 5th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, sixteen have assigned a buy rating and four have issued a strong buy rating to the stock. Based on data from MarketBeat.com, AutoZone currently has an average rating of “Moderate Buy” and an average price target of $3,683.36.

AutoZone Stock Performance

Shares of AZO opened at $3,769.72 on Thursday. The firm’s 50 day moving average price is $3,483.80 and its two-hundred day moving average price is $3,278.52. The firm has a market cap of $63.26 billion, a P/E ratio of 25.19, a PEG ratio of 1.86 and a beta of 0.71. AutoZone has a twelve month low of $2,728.97 and a twelve month high of $3,838.00.

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

Institutional Investors Weigh In On AutoZone

Institutional investors and hedge funds have recently modified their holdings of the business. Proficio Capital Partners LLC lifted its position in shares of AutoZone by 482,040.2% during the fourth quarter. Proficio Capital Partners LLC now owns 419,462 shares of the company’s stock valued at $1,343,117,000 after buying an additional 419,375 shares during the last quarter. Norges Bank purchased a new position in AutoZone during the 4th quarter worth approximately $834,556,000. Strategic Financial Concepts LLC acquired a new stake in AutoZone during the 4th quarter valued at approximately $471,629,000. Wealthfront Advisers LLC lifted its stake in AutoZone by 6,083.9% during the 4th quarter. Wealthfront Advisers LLC now owns 90,656 shares of the company’s stock valued at $290,281,000 after acquiring an additional 89,190 shares during the period. Finally, Barclays PLC boosted its holdings in AutoZone by 82.6% in the fourth quarter. Barclays PLC now owns 170,216 shares of the company’s stock valued at $545,033,000 after purchasing an additional 77,015 shares during the last quarter. 92.74% of the stock is owned by institutional investors.

Insider Buying and Selling at AutoZone

In other news, CEO Philip B. Daniele sold 2,000 shares of the business’s stock in a transaction on Thursday, March 27th. The stock was sold at an average price of $3,800.01, for a total value of $7,600,020.00. Following the completion of the transaction, the chief executive officer now owns 163 shares in the company, valued at $619,401.63. The trade was a 92.46 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Richard Craig Smith sold 2,850 shares of AutoZone stock in a transaction on Thursday, March 20th. The stock was sold at an average price of $3,610.00, for a total value of $10,288,500.00. Following the completion of the sale, the vice president now directly owns 2,924 shares of the company’s stock, valued at $10,555,640. The trade was a 49.36 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 6,721 shares of company stock valued at $24,609,331 in the last 90 days. Insiders own 2.10% 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.