Roth Capital Issues Negative Outlook for AutoZone Earnings

AutoZone, Inc. (NYSE:AZO) – Research analysts at Roth Capital decreased their Q2 2025 earnings per share estimates for AutoZone in a research report issued on Wednesday, December 11th. Roth Capital analyst S. Stember now expects that the company will post earnings of $29.16 per share for the quarter, down from their previous estimate of $30.90. Roth Capital currently has a “Strong-Buy” rating on the stock. The consensus estimate for AutoZone’s current full-year earnings is $154.29 per share.

AutoZone (NYSE:AZO) last released its quarterly earnings data on Tuesday, December 10th. The company reported $32.52 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $33.69 by ($1.17). The firm had revenue of $4.28 billion during the quarter, compared to the consensus estimate of $4.30 billion. AutoZone had a negative return on equity of 53.89% and a net margin of 14.18%. The business’s revenue was up 2.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $32.55 EPS.

A number of other brokerages have also recently commented on AZO. DA Davidson reissued a “neutral” rating and issued a $3,025.00 price objective on shares of AutoZone in a research note on Monday, September 30th. Guggenheim boosted their price objective on AutoZone from $3,350.00 to $3,750.00 and gave the stock a “buy” rating in a research note on Wednesday. BNP Paribas raised AutoZone to a “strong-buy” rating in a research note on Wednesday, September 25th. Mizuho boosted their target price on AutoZone from $3,350.00 to $3,600.00 and gave the company an “outperform” rating in a research report on Wednesday. Finally, UBS Group raised their price target on AutoZone from $3,340.00 to $3,500.00 and gave the stock a “buy” rating in a research report on Wednesday, September 25th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, fourteen have given a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat, AutoZone has a consensus rating of “Moderate Buy” and a consensus target price of $3,360.47.

AutoZone Stock Performance

Shares of AZO opened at $3,369.01 on Friday. The stock has a market capitalization of $56.95 billion, a PE ratio of 22.52, a P/E/G ratio of 1.73 and a beta of 0.71. The company’s fifty day moving average is $3,148.28 and its 200 day moving average is $3,061.08. AutoZone has a fifty-two week low of $2,510.00 and a fifty-two week high of $3,416.71.

Hedge Funds Weigh In On AutoZone

Hedge funds and other institutional investors have recently modified their holdings of the business. Capital Performance Advisors LLP bought a new position in AutoZone in the third quarter worth about $36,000. Meeder Asset Management Inc. raised its stake in shares of AutoZone by 50.0% during the 2nd quarter. Meeder Asset Management Inc. now owns 15 shares of the company’s stock worth $44,000 after acquiring an additional 5 shares in the last quarter. Carolina Wealth Advisors LLC purchased a new stake in AutoZone during the third quarter valued at approximately $47,000. Darwin Wealth Management LLC purchased a new stake in AutoZone during the third quarter valued at approximately $47,000. Finally, ORG Partners LLC acquired a new stake in AutoZone in the second quarter valued at approximately $50,000. 92.74% of the stock is currently owned by institutional investors.

Insider Activity

In other AutoZone news, VP John Scott Murphy sold 1,580 shares of the stock in a transaction dated Wednesday, September 25th. The shares were sold at an average price of $3,107.69, for a total transaction 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman William C. Rhodes III sold 300 shares of the business’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 owns 13,857 shares of the company’s stock, valued at approximately $42,613,046.40. This represents a 2.12 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 14,880 shares of company stock valued at $46,225,660. Corporate insiders own 2.10% 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.