AutoZone, Inc. Forecasted to Earn Q1 2025 Earnings of $40.18 Per Share (NYSE:AZO)

AutoZone, Inc. (NYSE:AZO) – Stock analysts at Wedbush lifted their Q1 2025 earnings per share estimates for shares of AutoZone in a research report issued on Wednesday, September 25th. Wedbush analyst S. Basham now forecasts that the company will post earnings per share of $40.18 for the quarter, up from their prior forecast of $34.98. Wedbush currently has a “Outperform” rating and a $3,200.00 price objective on the stock. The consensus estimate for AutoZone’s current full-year earnings is $151.08 per share. Wedbush also issued estimates for AutoZone’s Q2 2025 earnings at $50.31 EPS, Q3 2025 earnings at $156.26 EPS, Q4 2025 earnings at $174.10 EPS and FY2025 earnings at $201.00 EPS.

Other analysts also recently issued reports about the company. Guggenheim raised their price objective on AutoZone from $3,225.00 to $3,350.00 and gave the stock a “buy” rating in a research report on Wednesday, September 25th. Evercore ISI cut their price objective on AutoZone from $3,900.00 to $3,350.00 and set an “outperform” rating for the company in a research report on Friday, September 20th. Truist Financial lowered their target price on AutoZone from $3,394.00 to $3,341.00 and set a “buy” rating for the company in a report on Wednesday, September 25th. UBS Group raised their target price on AutoZone from $3,340.00 to $3,500.00 and gave the company a “buy” rating in a report on Wednesday, September 25th. Finally, Mizuho raised their target price on AutoZone from $3,280.00 to $3,350.00 and gave the company an “outperform” rating in a report on Wednesday, September 25th. Three analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $3,169.38.

AutoZone Trading Down 1.5 %

Shares of NYSE:AZO opened at $3,149.72 on Monday. The business has a 50-day moving average price of $3,125.47 and a 200 day moving average price of $3,011.61. The company has a market capitalization of $53.81 billion, a price-to-earnings ratio of 21.78, a PEG ratio of 1.43 and a beta of 0.71. AutoZone has a 12-month low of $2,375.35 and a 12-month high of $3,256.37.

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 for the quarter, compared to analyst estimates of $6.25 billion. AutoZone had a negative return on equity of 54.58% and a net margin of 14.60%. The firm’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same period in the previous year, the business posted $46.46 earnings per share.

Insider Transactions at AutoZone

In other news, VP John Scott Murphy sold 1,580 shares of the firm’s stock in a transaction dated 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 owns 1,218 shares of the company’s stock, valued at approximately $3,785,166.42. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 2.50% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in AZO. PineStone Asset Management Inc. increased its holdings in shares of AutoZone by 137.6% in the second quarter. PineStone Asset Management Inc. now owns 310,043 shares of the company’s stock valued at $918,998,000 after purchasing an additional 179,543 shares during the period. Strategic Financial Concepts LLC purchased a new stake in AutoZone during the second quarter worth $424,000. Captrust Financial Advisors boosted its position in AutoZone by 564.2% during the first quarter. Captrust Financial Advisors now owns 152,091 shares of the company’s stock worth $479,338,000 after purchasing an additional 129,193 shares in the last quarter. Baillie Gifford & Co. boosted its position in AutoZone by 2,714.8% during the second quarter. Baillie Gifford & Co. now owns 120,194 shares of the company’s stock worth $356,267,000 after purchasing an additional 115,924 shares in the last quarter. Finally, Bessemer Group Inc. boosted its position in AutoZone by 106.7% during the first quarter. Bessemer Group Inc. now owns 117,891 shares of the company’s stock worth $371,552,000 after purchasing an additional 60,852 shares in the last quarter. 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.