Research Analysts Offer Predictions for AutoZone Q3 Earnings

AutoZone, Inc. (NYSE:AZO) – Investment analysts at Wedbush reduced their Q3 2025 earnings per share estimates for shares of AutoZone in a research note issued on Wednesday, December 11th. Wedbush analyst S. Basham now anticipates that the company will post earnings per share of $39.25 for the quarter, down from their previous estimate of $40.18. Wedbush has a “Outperform” rating and a $3,200.00 price objective on the stock. The consensus estimate for AutoZone’s current full-year earnings is $154.29 per share.

AutoZone (NYSE:AZO) last released its 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 negative return on equity of 53.89% and a net margin of 14.18%. The business 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 company earned $32.55 earnings per share. The firm’s quarterly revenue was up 2.1% compared to the same quarter last year.

Several other brokerages also recently commented on AZO. Redburn Atlantic upgraded AutoZone to a “strong-buy” rating in a research note on Tuesday, October 1st. Roth Capital raised AutoZone to a “strong-buy” rating in a research report on Tuesday, October 15th. DA Davidson reissued a “neutral” rating and issued a $3,025.00 target price on shares of AutoZone in a research report on Monday, September 30th. Truist Financial upped their target price on shares of AutoZone from $3,501.00 to $3,753.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. Finally, Guggenheim lifted their price target on shares of AutoZone from $3,350.00 to $3,750.00 and gave the stock a “buy” rating in a research note on Wednesday, December 11th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, fourteen have issued a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $3,360.47.

AutoZone Stock Up 0.9 %

NYSE:AZO opened at $3,370.27 on Monday. The stock has a market cap of $56.97 billion, a price-to-earnings ratio of 22.52, a PEG ratio of 1.73 and a beta of 0.71. The company’s 50 day moving average price is $3,155.07 and its 200-day moving average price is $3,069.24. AutoZone has a 52 week low of $2,510.00 and a 52 week high of $3,416.71.

Insider Activity

In related news, VP John Scott Murphy sold 1,580 shares of the company’s stock in a transaction 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 completion of the transaction, the vice president now owns 1,218 shares of the company’s stock, valued at approximately $3,785,166.42. This represents a 56.47 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Chairman William C. Rhodes III sold 13,000 shares of the business’s stock in a transaction dated Thursday, October 10th. The shares were sold at an average price of $3,107.15, for a total value of $40,392,950.00. Following the completion of the transaction, the chairman now owns 13,857 shares in the company, valued at $43,055,777.55. The trade was a 48.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 14,880 shares of company stock valued at $46,225,660 in the last ninety days. Corporate insiders own 2.10% of the company’s stock.

Institutional Trading of AutoZone

Institutional investors and hedge funds have recently bought and sold shares of the stock. Lord Abbett & CO. LLC increased its stake in AutoZone by 108.6% in the 3rd quarter. Lord Abbett & CO. LLC now owns 21,201 shares of the company’s stock worth $66,784,000 after acquiring an additional 11,037 shares during the last quarter. Oddo BHF Asset Management Sas purchased a new position in shares of AutoZone in the third quarter valued at $2,208,000. Franklin Resources Inc. increased its position in AutoZone by 18.1% in the third quarter. Franklin Resources Inc. now owns 44,946 shares of the company’s stock worth $141,717,000 after purchasing an additional 6,898 shares during the last quarter. Asset Advisors Investment Management LLC increased its position in AutoZone by 44.9% in the third quarter. Asset Advisors Investment Management LLC now owns 1,678 shares of the company’s stock worth $5,286,000 after purchasing an additional 520 shares during the last quarter. Finally, Tidal Investments LLC raised its stake in AutoZone by 38.6% during the third quarter. Tidal Investments LLC now owns 1,192 shares of the company’s stock valued at $3,755,000 after purchasing an additional 332 shares in the last quarter. 92.74% of the stock is currently 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.