FY2025 Earnings Forecast for AutoZone Issued By DA Davidson

AutoZone, Inc. (NYSE:AZO) – Analysts at DA Davidson increased their FY2025 earnings per share (EPS) estimates for shares of AutoZone in a research note issued to investors on Tuesday, July 1st. DA Davidson analyst M. Baker now expects that the company will earn $147.51 per share for the year, up from their previous forecast of $143.85. DA Davidson has a “Buy” rating and a $4,850.00 price objective 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 Q4 2025 earnings at $51.54 EPS.

AutoZone (NYSE:AZO) last announced its quarterly earnings results on Tuesday, May 27th. The company reported $35.36 EPS for the quarter, missing analysts’ consensus estimates of $37.07 by ($1.71). The firm had revenue of $4.46 billion for the quarter, compared to the consensus estimate of $4.41 billion. AutoZone had a net margin of 13.56% and a negative return on equity of 56.07%. AutoZone’s quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the company posted $36.69 earnings per share.

A number of other equities analysts have also recently commented on AZO. Wall Street Zen raised AutoZone from a “hold” rating to a “buy” rating in a research report on Wednesday, May 14th. UBS Group upped their price target on shares of AutoZone from $4,025.00 to $4,260.00 and gave the company a “buy” rating in a report on Friday, May 23rd. JPMorgan Chase & Co. upped their price objective on AutoZone from $3,830.00 to $4,350.00 and gave the company an “overweight” rating in a research report on Friday, May 23rd. BMO Capital Markets restated an “outperform” rating and issued a $4,100.00 target price (up from $3,850.00) on shares of AutoZone in a research note on Wednesday, May 28th. Finally, Truist Financial set a $3,995.00 price target on AutoZone in a report on Friday, May 23rd. Two investment analysts have rated the stock with a hold rating, nineteen have given a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $4,087.00.

AutoZone Stock Down 0.5%

Shares of NYSE:AZO opened at $3,667.00 on Thursday. The firm has a fifty day simple moving average of $3,700.47 and a two-hundred day simple moving average of $3,541.64. The stock has a market capitalization of $61.53 billion, a P/E ratio of 24.82, a PEG ratio of 2.20 and a beta of 0.39. AutoZone has a 52 week low of $2,801.49 and a 52 week high of $3,916.81.

Hedge Funds Weigh In On AutoZone

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AZO. AlphaCore Capital LLC acquired a new position in AutoZone in the first quarter worth about $27,000. Saudi Central Bank bought a new position in shares of AutoZone in the 1st quarter worth about $27,000. Headlands Technologies LLC bought a new stake in shares of AutoZone during the 4th quarter valued at about $29,000. Flagship Wealth Advisors LLC acquired a new stake in AutoZone during the fourth quarter worth about $32,000. Finally, Harbour Investments Inc. boosted its stake in AutoZone by 42.9% in the fourth quarter. Harbour Investments Inc. now owns 10 shares of the company’s stock valued at $32,000 after acquiring an additional 3 shares during the period. 92.74% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at AutoZone

In other news, SVP K. Michelle Borninkhof sold 750 shares of the business’s stock in a transaction on Friday, June 20th. The shares were sold at an average price of $3,597.13, for a total transaction of $2,697,847.50. Following the completion of the sale, the senior vice president directly owned 406 shares of the company’s stock, valued at $1,460,434.78. The trade was a 64.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Jamere Jackson sold 2,612 shares of the company’s stock in a transaction on Friday, May 30th. The stock was sold at an average price of $3,728.05, for a total transaction of $9,737,666.60. Following the sale, the chief financial officer directly owned 427 shares of the company’s stock, valued at approximately $1,591,877.35. This trade represents a 85.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 35,662 shares of company stock valued at $131,999,089 in the last ninety days. 2.10% of the stock is owned by company insiders.

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.