DA Davidson Forecasts AutoZone’s FY2025 Earnings (NYSE:AZO)

AutoZone, Inc. (NYSE:AZO) – Equities researchers at DA Davidson reduced their FY2025 EPS estimates for AutoZone in a research note issued on Wednesday, September 3rd. DA Davidson analyst M. Baker now anticipates that the company will earn $146.11 per share for the year, down from their previous forecast of $147.51. DA Davidson currently has a “Buy” rating and a $4,850.00 target price 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 $50.13 EPS.

Several other analysts also recently commented on AZO. Citigroup increased their target price on shares of AutoZone from $3,900.00 to $4,900.00 and gave the company a “buy” rating in a report on Wednesday. Mizuho increased their target price on shares of AutoZone from $3,740.00 to $4,050.00 and gave the company an “outperform” rating in a report on Thursday, July 3rd. JPMorgan Chase & Co. increased their price target on shares of AutoZone from $3,830.00 to $4,350.00 and gave the company an “overweight” rating in a research report on Friday, May 23rd. Evercore ISI increased their price target on shares of AutoZone from $4,060.00 to $4,250.00 and gave the company an “outperform” rating in a research report on Monday, August 18th. Finally, Wall Street Zen upgraded shares of AutoZone from a “hold” rating to a “buy” rating in a research report on Wednesday, May 14th. Three equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $4,148.90.

AutoZone Price Performance

Shares of AZO stock opened at $4,216.31 on Friday. The firm has a 50-day moving average of $3,929.54 and a 200-day moving average of $3,742.59. The company has a market cap of $70.75 billion, a P/E ratio of 28.54, a P/E/G ratio of 2.23 and a beta of 0.41. AutoZone has a one year low of $2,898.57 and a one year high of $4,248.14.

Insiders Place Their Bets

In other AutoZone news, VP Richard Craig Smith sold 3,000 shares of the stock in a transaction dated Thursday, July 24th. The shares were sold at an average price of $3,875.90, for a total transaction of $11,627,700.00. Following the completion of the transaction, the vice president owned 2,925 shares in the company, valued at $11,337,007.50. This trade represents a 50.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Chairman William C. Rhodes III sold 27,500 shares of the stock in a transaction dated Tuesday, June 10th. The stock was sold at an average price of $3,708.93, for a total transaction of $101,995,575.00. Following the transaction, the chairman owned 8,546 shares of the company’s stock, valued at $31,696,515.78. This represents a 76.29% decrease in their position. The disclosure for this sale can be found here. Insiders sold 31,250 shares of company stock worth $116,321,123 over the last quarter. 2.10% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On AutoZone

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Forum Financial Management LP boosted its position in AutoZone by 2.2% during the fourth quarter. Forum Financial Management LP now owns 138 shares of the company’s stock worth $443,000 after purchasing an additional 3 shares during the period. Focus Financial Network Inc. increased its holdings in AutoZone by 2.9% during the 1st quarter. Focus Financial Network Inc. now owns 105 shares of the company’s stock worth $400,000 after acquiring an additional 3 shares during the period. Wealthcare Advisory Partners LLC increased its holdings in AutoZone by 2.2% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 141 shares of the company’s stock worth $538,000 after acquiring an additional 3 shares during the period. Rappaport Reiches Capital Management LLC lifted its stake in AutoZone by 4.8% in the 1st quarter. Rappaport Reiches Capital Management LLC now owns 66 shares of the company’s stock worth $252,000 after purchasing an additional 3 shares in the last quarter. Finally, Blue Trust Inc. boosted its holdings in AutoZone by 3.5% in the 1st quarter. Blue Trust Inc. now owns 89 shares of the company’s stock valued at $339,000 after purchasing an additional 3 shares during the period. Institutional investors own 92.74% of the company’s stock.

AutoZone Company Profile

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.