Roth Capital Issues Optimistic Outlook for AutoZone Earnings

AutoZone, Inc. (NYSE:AZO) – Stock analysts at Roth Capital raised their Q3 2025 earnings estimates for AutoZone in a report released on Wednesday, December 11th. Roth Capital analyst S. Stember now forecasts that the company will earn $37.72 per share for the quarter, up from their prior estimate of $37.65. Roth Capital has a “Strong-Buy” rating on the stock. The consensus estimate for AutoZone’s current full-year earnings is $155.79 per share. Roth Capital also issued estimates for AutoZone’s Q4 2025 earnings at $58.82 EPS, FY2025 earnings at $157.61 EPS, Q1 2026 earnings at $38.60 EPS, Q2 2026 earnings at $36.26 EPS, Q3 2026 earnings at $41.98 EPS and Q4 2026 earnings at $65.47 EPS.

Several other brokerages have also recently issued reports on AZO. Evercore ISI upped their target price on AutoZone from $3,400.00 to $3,450.00 and gave the company an “outperform” rating in a report on Wednesday. Mizuho upped their price objective on shares of AutoZone from $3,350.00 to $3,600.00 and gave the company an “outperform” rating in a report on Wednesday. The Goldman Sachs Group downgraded shares of AutoZone from a “buy” rating to a “sell” rating and reduced their target price for the stock from $3,205.00 to $2,917.00 in a research note on Monday, October 14th. StockNews.com cut shares of AutoZone from a “buy” rating to a “hold” rating in a research note on Saturday, September 21st. Finally, Guggenheim lifted their price target on shares of AutoZone from $3,350.00 to $3,750.00 and gave the company a “buy” rating in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, fourteen have assigned a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, AutoZone presently has a consensus rating of “Moderate Buy” and an average target price of $3,339.25.

AutoZone Price Performance

Shares of NYSE:AZO opened at $3,345.71 on Thursday. The business’s 50 day moving average price is $3,142.71 and its 200-day moving average price is $3,059.09. AutoZone has a 1 year low of $2,510.00 and a 1 year high of $3,416.71. The firm has a market capitalization of $56.56 billion, a PE ratio of 22.35, a P/E/G ratio of 1.70 and a beta of 0.71.

AutoZone (NYSE:AZO) last issued its quarterly earnings results on Tuesday, December 10th. The company reported $32.52 earnings per share for the quarter, missing analysts’ consensus estimates of $33.69 by ($1.17). AutoZone had a net margin of 14.40% and a negative return on equity of 52.99%. The company had revenue of $4.28 billion during the quarter, compared to analysts’ expectations of $4.30 billion. During the same period in the prior year, the business posted $32.55 earnings per share. The company’s quarterly revenue was up 2.1% compared to the same quarter last year.

Insider Buying and Selling

In other AutoZone news, VP John Scott Murphy sold 1,580 shares of the stock in a transaction that occurred on Wednesday, September 25th. The shares were sold at an average price of $3,107.69, for a total value of $4,910,150.20. Following the transaction, the vice president now directly owns 1,218 shares in the company, valued at $3,785,166.42. This represents a 56.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Chairman William C. Rhodes III sold 13,000 shares of the business’s 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 $43,055,777.55. This represents a 48.40 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 14,880 shares of company stock worth $46,225,660 over the last 90 days. 2.10% of the stock is owned by insiders.

Hedge Funds Weigh In On AutoZone

Hedge funds have recently made changes to their positions in the company. ORG Partners LLC purchased a new position in AutoZone during the 2nd quarter worth approximately $50,000. Envestnet Portfolio Solutions Inc. raised its position in AutoZone by 39.2% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 387 shares of the company’s stock valued at $1,147,000 after purchasing an additional 109 shares during the last quarter. Swedbank AB raised its position in AutoZone by 5.6% in the 2nd quarter. Swedbank AB now owns 16,524 shares of the company’s stock valued at $48,979,000 after purchasing an additional 869 shares during the last quarter. Fiduciary Financial Group LLC purchased a new position in AutoZone during the 2nd quarter worth $334,000. Finally, Assenagon Asset Management S.A. increased its stake in AutoZone by 39.3% in the second quarter. Assenagon Asset Management S.A. now owns 49,818 shares of the company’s stock valued at $147,666,000 after purchasing an additional 14,050 shares during the period. Hedge funds and other institutional investors 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.