Q1 2025 EPS Estimates for AutoZone, Inc. (NYSE:AZO) Reduced by Zacks Research

AutoZone, Inc. (NYSE:AZO) – Equities research analysts at Zacks Research reduced their Q1 2025 earnings per share estimates for shares of AutoZone in a research report issued on Monday, October 7th. Zacks Research analyst L. Shahu now anticipates that the company will post earnings per share of $34.17 for the quarter, down from their prior estimate of $36.33. The consensus estimate for AutoZone’s current full-year earnings is $157.99 per share. Zacks Research also issued estimates for AutoZone’s Q2 2025 earnings at $30.90 EPS, Q4 2025 earnings at $53.90 EPS, FY2025 earnings at $159.38 EPS, Q1 2026 earnings at $38.57 EPS, Q2 2026 earnings at $38.96 EPS and FY2026 earnings at $177.74 EPS.

AZO has been the topic of several other reports. UBS Group increased 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. Evercore ISI boosted their target price on AutoZone from $3,300.00 to $3,350.00 and gave the company an “outperform” rating in a research note on Thursday, October 3rd. Oppenheimer reiterated a “market perform” rating and set a $2,600.00 price target on shares of AutoZone in a report on Wednesday, June 26th. Citigroup reduced their target price on shares of AutoZone from $3,787.00 to $3,500.00 and set a “buy” rating for the company in a research note on Wednesday, September 25th. Finally, Morgan Stanley lifted their price objective on shares of AutoZone from $3,038.00 to $3,125.00 and gave the company an “overweight” rating in a research note on Wednesday, September 25th. Three research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $3,182.33.

AutoZone Trading Up 0.7 %

Shares of AZO opened at $3,129.78 on Thursday. The business’s 50-day moving average price is $3,131.44 and its 200 day moving average price is $3,009.65. AutoZone has a 1-year low of $2,375.35 and a 1-year high of $3,256.37. The stock has a market capitalization of $53.46 billion, a P/E ratio of 20.91, a P/E/G ratio of 1.59 and a beta of 0.70.

AutoZone (NYSE:AZO) last announced its quarterly earnings data on Tuesday, September 24th. The company reported $48.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $53.31 by ($5.20). The business had revenue of $6.21 billion during the quarter, compared to analyst estimates of $6.25 billion. AutoZone had a negative return on equity of 52.99% and a net margin of 14.40%. The business’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same period in the prior year, the firm earned $46.46 EPS.

Insider Activity at AutoZone

In other news, Chairman William C. Rhodes III sold 13,000 shares of AutoZone stock in a transaction that occurred on Thursday, October 10th. The stock was sold at an average price of $3,107.15, for a total transaction of $40,392,950.00. Following the sale, the chairman now owns 13,857 shares of the company’s stock, valued at approximately $43,055,777.55. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Chairman William C. Rhodes III sold 13,000 shares of AutoZone stock in a transaction dated Thursday, October 10th. The shares were sold at an average price of $3,107.15, for a total transaction of $40,392,950.00. Following the sale, the chairman now directly owns 13,857 shares in the company, valued at approximately $43,055,777.55. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman William C. Rhodes III sold 300 shares of the company’s stock in a transaction dated 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 in the company, valued at approximately $42,613,046.40. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 14,880 shares of company stock worth $46,225,660. Company insiders own 2.50% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. PineStone Asset Management Inc. raised its stake 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 acquiring an additional 179,543 shares during the last quarter. Strategic Financial Concepts LLC bought a new position in shares of AutoZone in the second quarter valued at about $424,000. Captrust Financial Advisors lifted its position in AutoZone by 564.2% during the 1st quarter. Captrust Financial Advisors now owns 152,091 shares of the company’s stock worth $479,338,000 after buying an additional 129,193 shares in the last quarter. Baillie Gifford & Co. grew its holdings in AutoZone by 2,714.8% during the 2nd quarter. Baillie Gifford & Co. now owns 120,194 shares of the company’s stock worth $356,267,000 after acquiring an additional 115,924 shares during the last quarter. Finally, Bessemer Group Inc. increased its holdings in shares of AutoZone by 106.7% in the first quarter. Bessemer Group Inc. now owns 117,891 shares of the company’s stock valued at $371,552,000 after purchasing an additional 60,852 shares in the last quarter. 92.74% of the stock is owned by institutional investors.

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.