FY2025 EPS Estimates for AutoZone Reduced by William Blair

AutoZone, Inc. (NYSE:AZO) – Equities research analysts at William Blair lowered their FY2025 earnings estimates for shares of AutoZone in a report released on Tuesday, March 4th. William Blair analyst P. Blee now anticipates that the company will post earnings per share of $148.53 for the year, down from their prior estimate of $152.93. The consensus estimate for AutoZone’s current full-year earnings is $152.94 per share.

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

Several other research firms also recently issued reports on AZO. Guggenheim upped their price objective on AutoZone from $3,750.00 to $3,850.00 and gave the company a “buy” rating in a research note on Wednesday. JPMorgan Chase & Co. lifted their price target on shares of AutoZone from $3,775.00 to $3,830.00 and gave the stock an “overweight” rating in a report on Wednesday. Evercore ISI boosted their price objective on shares of AutoZone from $3,525.00 to $3,700.00 and gave the stock an “outperform” rating in a research note on Wednesday. TD Cowen raised their target price on AutoZone from $3,450.00 to $3,800.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Finally, Mizuho increased their price target on AutoZone from $3,600.00 to $3,740.00 and gave the company an “outperform” rating in a research note on Wednesday. One analyst has rated the stock with a sell rating, five have assigned a hold rating, fifteen have given a buy rating and four have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $3,646.62.

AutoZone Stock Up 1.4 %

Shares of AZO stock opened at $3,607.20 on Thursday. AutoZone has a twelve month low of $2,728.97 and a twelve month high of $3,615.79. The stock’s fifty day simple moving average is $3,358.39 and its 200 day simple moving average is $3,226.46. The firm has a market capitalization of $60.54 billion, a P/E ratio of 24.10, a P/E/G ratio of 1.86 and a beta of 0.71.

Institutional Investors Weigh In On AutoZone

Institutional investors have recently made changes to their positions in the business. Farther Finance Advisors LLC boosted its position in AutoZone by 29.3% during the third quarter. Farther Finance Advisors LLC now owns 75 shares of the company’s stock valued at $236,000 after buying an additional 17 shares during the period. Asset Management One Co. Ltd. lifted its stake in shares of AutoZone by 2.0% in the 3rd quarter. Asset Management One Co. Ltd. now owns 6,813 shares of the company’s stock valued at $21,461,000 after acquiring an additional 131 shares during the last quarter. QRG Capital Management Inc. boosted its holdings in AutoZone by 12.0% during the 3rd quarter. QRG Capital Management Inc. now owns 326 shares of the company’s stock valued at $1,027,000 after acquiring an additional 35 shares during the period. Moloney Securities Asset Management LLC increased its stake in AutoZone by 21.3% in the 3rd quarter. Moloney Securities Asset Management LLC now owns 285 shares of the company’s stock worth $898,000 after purchasing an additional 50 shares during the period. Finally, Pittenger & Anderson Inc. increased its stake in AutoZone by 9.4% in the 3rd quarter. Pittenger & Anderson Inc. now owns 58 shares of the company’s stock worth $183,000 after purchasing an additional 5 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.