DA Davidson Issues Optimistic Outlook for AutoZone Earnings

AutoZone, Inc. (NYSE:AZO) – Equities researchers at DA Davidson raised their Q3 2025 earnings estimates for AutoZone in a research note issued on Tuesday, March 25th. DA Davidson analyst M. Baker now expects that the company will post earnings per share of $36.91 for the quarter, up from their prior forecast of $36.84. DA Davidson currently has a “Buy” rating and a $4,192.00 price target on the stock. The consensus estimate for AutoZone’s current full-year earnings is $152.94 per share.

A number of other research firms also recently issued reports on AZO. Wells Fargo & Company lifted their price objective on shares of AutoZone from $3,750.00 to $3,850.00 and gave the company an “overweight” rating in a report on Wednesday, March 5th. Citigroup boosted their price target on shares of AutoZone from $3,500.00 to $3,900.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th. Raymond James restated a “strong-buy” rating on shares of AutoZone in a research note on Wednesday, March 5th. Roth Capital set a $3,763.00 target price on AutoZone in a research report on Wednesday, March 5th. Finally, Bank of America increased their price target on AutoZone from $3,600.00 to $3,700.00 and gave the company a “neutral” rating in a research report on Wednesday, March 5th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, sixteen have given a buy rating and four have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $3,683.36.

AutoZone Stock Performance

NYSE AZO opened at $3,680.19 on Wednesday. AutoZone has a 52 week low of $2,728.97 and a 52 week high of $3,704.43. The stock’s 50 day moving average price is $3,460.20 and its two-hundred day moving average price is $3,270.12. The stock has a market capitalization of $61.76 billion, a price-to-earnings ratio of 24.59, a PEG ratio of 1.86 and a beta of 0.71.

AutoZone (NYSE:AZO) last issued its quarterly earnings results on Tuesday, March 4th. The company reported $28.29 EPS for the quarter, missing analysts’ consensus estimates of $29.11 by ($0.82). The firm had revenue of $3.95 billion during the quarter, compared to the consensus estimate of $3.98 billion. AutoZone had a net margin of 14.18% and a negative return on equity of 53.89%.

Insider Activity at AutoZone

In other AutoZone news, VP Dennis W. Leriche sold 1,575 shares of the firm’s stock in a transaction on Friday, March 7th. The stock was sold at an average price of $3,600.00, for a total value of $5,670,000.00. Following the sale, the vice president now owns 417 shares of the company’s stock, valued at approximately $1,501,200. This trade represents a 79.07 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Richard Craig Smith sold 2,850 shares of the business’s stock in a transaction on Thursday, March 20th. The stock was sold at an average price of $3,610.00, for a total value of $10,288,500.00. Following the transaction, the vice president now directly owns 2,924 shares of the company’s stock, valued at $10,555,640. This trade represents a 49.36 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 4,721 shares of company stock valued at $17,009,311 over the last quarter. 2.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Pittenger & Anderson Inc. boosted its stake in shares of AutoZone by 5.2% in the 4th quarter. Pittenger & Anderson Inc. now owns 61 shares of the company’s stock valued at $195,000 after purchasing an additional 3 shares in the last quarter. Sound View Wealth Advisors Group LLC lifted its stake in AutoZone by 2.0% in the 4th quarter. Sound View Wealth Advisors Group LLC now owns 152 shares of the company’s stock valued at $487,000 after purchasing an additional 3 shares during the last quarter. PDS Planning Inc lifted its stake in AutoZone by 2.3% in the 4th quarter. PDS Planning Inc now owns 132 shares of the company’s stock valued at $423,000 after purchasing an additional 3 shares during the last quarter. Harbour Investments Inc. boosted its position 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 buying an additional 3 shares in the last quarter. Finally, Meeder Advisory Services Inc. grew its stake in shares of AutoZone by 0.8% during the fourth quarter. Meeder Advisory Services Inc. now owns 371 shares of the company’s stock worth $1,188,000 after buying an additional 3 shares during the last quarter. 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.