Equities Analysts Set Expectations for AutoZone Q2 Earnings

AutoZone, Inc. (NYSE:AZO) – Analysts at Wedbush reduced their Q2 2025 EPS estimates for AutoZone in a research report issued to clients and investors on Wednesday, December 11th. Wedbush analyst S. Basham now anticipates that the company will post earnings per share of $29.83 for the quarter, down from their prior forecast of $31.14. 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. Wedbush also issued estimates for AutoZone’s Q4 2025 earnings at $49.82 EPS, FY2025 earnings at $151.42 EPS, FY2026 earnings at $170.79 EPS and FY2027 earnings at $196.98 EPS.

A number of other research firms have also weighed in on AZO. Roth Mkm reissued a “buy” rating and set a $3,634.00 price objective on shares of AutoZone in a research note on Wednesday, October 16th. The Goldman Sachs Group cut shares of AutoZone from a “buy” rating to a “sell” rating and dropped their price target for the company from $3,205.00 to $2,917.00 in a research report on Monday, October 14th. Roth Capital upgraded shares of AutoZone to a “strong-buy” rating in a research report on Tuesday, October 15th. DA Davidson reiterated a “neutral” rating and set a $3,025.00 target price on shares of AutoZone in a report on Monday, September 30th. Finally, Morgan Stanley boosted their price target on AutoZone from $3,038.00 to $3,125.00 and gave the company an “overweight” rating in a report on Wednesday, September 25th. One 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 given a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $3,360.47.

AutoZone Trading Up 0.9 %

NYSE AZO opened at $3,369.01 on Friday. The stock has a 50-day moving average of $3,148.28 and a 200-day moving average of $3,061.08. AutoZone has a 1-year low of $2,510.00 and a 1-year high of $3,416.71. The firm has a market cap of $56.95 billion, a PE ratio of 22.52, a price-to-earnings-growth ratio of 1.73 and a beta of 0.71.

AutoZone (NYSE:AZO) last posted its quarterly earnings results on Tuesday, December 10th. The company reported $32.52 earnings per share for the quarter, missing the consensus estimate 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 the consensus estimate of $4.30 billion. During the same period in the prior year, the firm earned $32.55 earnings per share. The business’s revenue for the quarter was up 2.1% on a year-over-year basis.

Insider Activity at AutoZone

In other news, VP John Scott Murphy sold 1,580 shares of the firm’s stock in a transaction on Wednesday, September 25th. The stock was sold at an average price of $3,107.69, for a total transaction of $4,910,150.20. Following the completion of the transaction, the vice president now directly owns 1,218 shares in the company, valued at $3,785,166.42. This trade represents a 56.47 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman William C. Rhodes III sold 13,000 shares of the company’s stock in a transaction dated 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 completion of the transaction, the chairman now owns 13,857 shares in the company, valued at approximately $43,055,777.55. The trade was a 48.40 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 14,880 shares of company stock valued at $46,225,660 in the last three months. Company insiders own 2.10% of the company’s stock.

Institutional Investors Weigh In On AutoZone

A number of institutional investors have recently made changes to their positions in the company. The Manufacturers Life Insurance Company lifted its position in AutoZone by 186.8% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 92,870 shares of the company’s stock valued at $292,544,000 after acquiring an additional 60,483 shares in the last quarter. Verde Capital Management bought a new stake in shares of AutoZone in the 3rd quarter worth $1,137,000. Mizuho Securities USA LLC raised its stake in shares of AutoZone by 592.0% in the third quarter. Mizuho Securities USA LLC now owns 9,210 shares of the company’s stock worth $29,012,000 after purchasing an additional 7,879 shares during the last quarter. Swedbank AB lifted its holdings in shares of AutoZone by 5.6% during the second quarter. Swedbank AB now owns 16,524 shares of the company’s stock valued at $48,979,000 after purchasing an additional 869 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of AutoZone by 0.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 104,665 shares of the company’s stock valued at $329,699,000 after buying an additional 466 shares during the last quarter. 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.