NYSE:AZO AutoZone (AZO) Stock Forecast, Price & News $2,648.95 -30.60 (-1.14%) (As of 05/18/2023 ET) Add Compare Share Share Today's Range$2,634.30▼$2,687.1450-Day Range$2,307.82▼$2,733.6552-Week Range$1,703.32▼$2,750.00Volume133,365 shsAverage Volume144,469 shsMarket Capitalization$48.74 billionP/E Ratio21.78Dividend YieldN/APrice Target$2,691.88 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability AutoZone MarketRank™ ForecastAnalyst RatingModerate Buy2.79 Rating ScoreUpside/Downside2.4% Upside$2,712.06 Price TargetShort InterestHealthy1.55% of Float Sold ShortDividend StrengthN/ASustainability-1.59Upright™ Environmental ScoreNews Sentiment0.20Based on 18 Articles This WeekInsider TradingSelling Shares$90.13 M Sold Last QuarterProj. Earnings Growth12.19%From $127.94 to $143.53 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.25 out of 5 starsRetail/Wholesale Sector103rd out of 209 stocksAuto & Home Supply Stores Industry3rd out of 6 stocks 2.4 Analyst's Opinion Consensus RatingAutoZone has received a consensus rating of Buy. The company's average rating score is 2.79, and is based on 16 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $2,712.06, AutoZone has a forecasted upside of 2.4% from its current price of $2,648.95.Amount of Analyst CoverageAutoZone has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.55% of the float of AutoZone has been sold short.Short Interest Ratio / Days to CoverAutoZone has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in AutoZone has recently decreased by 4.09%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldAutoZone does not currently pay a dividend.Dividend GrowthAutoZone does not have a long track record of dividend growth. Previous Next 1.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAutoZone has received a -27.46% net impact score from Upright. The largest negative impact of AutoZone in category "GHG emissions" seems to be driven mostly by its "Physical retail of automotive servicing tools at an auto parts store", "Physical retail of parts common to all road vehicles at an auto parts store", and "Physical retail of bus parts at an auto parts store" products. See details.Environmental SustainabilityThe Environmental Impact score for AutoZone is -1.59. Previous Next 2.3 News and Social Media Coverage News SentimentAutoZone has a news sentiment score of 0.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.34 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 18 news articles for AutoZone this week, compared to 7 articles on an average week.Search Interest14 people have searched for AZO on MarketBeat in the last 30 days. This is an increase of 250% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added AutoZone to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, AutoZone insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $90,128,092.00 in company stock.Percentage Held by InsidersOnly 2.59% of the stock of AutoZone is held by insiders.Percentage Held by Institutions91.12% of the stock of AutoZone is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for AutoZone are expected to grow by 12.19% in the coming year, from $127.94 to $143.53 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of AutoZone is 21.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.04.Price to Earnings Ratio vs. SectorThe P/E ratio of AutoZone is 21.78, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 31.77.Price to Earnings Growth RatioAutoZone has a PEG Ratio of 1.83. PEG Ratios above 1 indicate that a company could be overvalued. Previous Next See Top Rated MarketRank™ Stocks Here About AutoZone (NYSE:AZO) StockAutoZone, Inc. engages in the retail and distribution of automotive replacement parts and accessories. The firm offers ALLDATA, which produces, sells, and maintains diagnostic and repair information software used in the automotive repair industry and E-commerce, which includes direct sales to customers. The company was founded by Joseph R. Hyde, III on July 4, 1979 and is headquartered in Memphis, TN.Read More Receive AZO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for AutoZone and its competitors with MarketBeat's FREE daily newsletter. Email Address AZO Stock News HeadlinesMay 18, 2023 | benzinga.comAutoZone Unusual Options ActivityMay 17, 2023 | msn.comCitigroup Maintains Autozone (AZO) Buy RecommendationMay 18, 2023 | Behind the Markets (Ad)AI Creates New Cancer Drug - In Just 30 Days!On December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...May 17, 2023 | americanbankingnews.comWells Fargo & Company Increases AutoZone (NYSE:AZO) Price Target to $3,000.00May 16, 2023 | msn.comUBS Maintains Autozone (AZO) Neutral RecommendationMay 15, 2023 | nasdaq.comWells Fargo Maintains Autozone (AZO) Overweight RecommendationMay 14, 2023 | americanbankingnews.comAutoZone (NYSE:AZO) Given Maintains Rating at 51jobMay 13, 2023 | americanbankingnews.comAutoZone (NYSE:AZO) Price Target Raised to $2,975.00 at JPMorgan Chase & Co.May 18, 2023 | Behind the Markets (Ad)"Chilling War Games Show US Forces Crushed" – FOX NEWS=== BREAKING === "Chilling War Games Show US Forces Crushed" - FOX NEWS After losing to China in repeated war games, U.S. military to spend billions on new "living missile" for armed forces. Investors stand to reap 35,960% on shares of small defense contractor that makes powerful new weapon. Get the name of the stock here >>>May 12, 2023 | msn.comJP Morgan Maintains Autozone (AZO) Overweight RecommendationMay 11, 2023 | msn.comMorgan Stanley Maintains Autozone (AZO) Overweight RecommendationMay 10, 2023 | thestreet.comWhy AutoZone Isn't Taking the Fast Lane to a Stock SplitMay 10, 2023 | msn.comAutoZone Unusual Options Activity For May 09May 10, 2023 | marketwatch.comAutoZone Inc. stock rises Tuesday, outperforms marketMay 10, 2023 | msn.comAutoZone is tipped by Evercore ISI to see near-term rallyMay 9, 2023 | americanbankingnews.comAutoZone, Inc. (NYSE:AZO) Receives $2,664.53 Average PT from AnalystsMay 7, 2023 | seekingalpha.comAutoZone: A Great Compounder To Keep An Eye OnMay 4, 2023 | finance.yahoo.comAutoZone to Release Third Quarter Earnings May 23, 2023May 3, 2023 | americanbankingnews.comAutoZone, Inc. (NYSE:AZO) Sees Significant Increase in Short InterestApril 29, 2023 | finance.yahoo.comShareholders Are Optimistic That AutoZone (NYSE:AZO) Will Multiply In ValueApril 22, 2023 | seekingalpha.comAutoZone: Overvalued In Light Of Growing Competitive PressureApril 20, 2023 | americanbankingnews.comRaymond James Raises AutoZone (NYSE:AZO) Price Target to $2,850.00April 19, 2023 | finance.yahoo.comWant to Get Richer? These 2 Growth Stocks Have Market-Crushing PotentialApril 19, 2023 | msn.comIf You Invested $100 In This Stock 5 Years Ago, You Would Have $500 TodayApril 18, 2023 | nasdaq.comNoteworthy Tuesday Option Activity: AZO, TGT, ZIONApril 18, 2023 | markets.businessinsider.comAnalysts Offer Insights on Consumer Goods Companies: AutoZone (AZO) and Alibaba (BABA)April 18, 2023 | americanbankingnews.comAnalysts Set AutoZone, Inc. (NYSE:AZO) PT at $2,652.76See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive AZO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for AutoZone and its competitors with MarketBeat's FREE daily newsletter. Email Address AZO Company Calendar Last Earnings2/28/2023Today5/18/2023Next Earnings (Confirmed)5/23/2023Fiscal Year End8/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Auto & home supply stores Sub-IndustryAutomotive Retail SectorRetail/Wholesale Current SymbolNYSE:AZO CUSIP05333210 CIK866787 Webwww.autozone.com Phone(901) 495-6500Fax901-495-8300Employees112,000Year Founded1979Price Target and Rating Average Stock Price Forecast$2,712.06 High Stock Price Forecast$3,125.00 Low Stock Price Forecast$2,330.00 Forecasted Upside/Downside+1.6%Consensus RatingModerate Buy Rating Score (0-4)2.79 Research Coverage19 Analysts Profitability EPS (Most Recent Fiscal Year)$121.63 Trailing P/E Ratio21.78 Forward P/E Ratio20.70 P/E Growth1.83Net Income$2.43 billion Net Margins14.32% Pretax Margin18.08% Return on Equity-64.72% Return on Assets15.95% Debt Debt-to-Equity RatioN/A Current Ratio0.79 Quick Ratio0.12 Sales & Book Value Annual Sales$16.25 billion Price / Sales3.00 Cash Flow$146.59 per share Price / Cash Flow18.07 Book Value($181.60) per share Price / Book-14.59Miscellaneous Outstanding Shares18,400,000Free Float17,921,000Market Cap$48.74 billion OptionableOptionable Beta0.68 Social Links Key ExecutivesWilliam C. RhodesChairman, President & Chief Executive OfficerJamere JacksonCFO, Executive VP-Finance & Store DevelopmentThomas B. NewbernEVP-Store Operations & Information TechnologyK. Michelle BorninkhofChief Information Officer & Senior Vice PresidentAlex OliphantDirector-Research & Business AnalysisKey CompetitorsO'Reilly AutomotiveNASDAQ:ORLYDollar GeneralNYSE:DGJD.comNASDAQ:JDChipotle Mexican GrillNYSE:CMGYum! BrandsNYSE:YUMView All CompetitorsInsiders & InstitutionsJPMorgan Chase & Co.Sold 114,258 shares on 5/18/2023Ownership: 5.923%Centaurus Financial Inc.Bought 44 shares on 5/18/2023Ownership: 0.000%Rockefeller Capital Management L.P.Bought 16 shares on 5/17/2023Ownership: 0.003%Sunbelt Securities Inc.Bought 64 shares on 5/17/2023Ownership: 0.000%KB Financial Partners LLCBought 37 shares on 5/17/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions AZO Stock - Frequently Asked Questions Should I buy or sell AutoZone stock right now? 19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AutoZone in the last year. There are currently 1 sell rating, 2 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AZO shares. View AZO analyst ratings or view top-rated stocks. What is AutoZone's stock price forecast for 2023? 19 brokerages have issued 12-month price targets for AutoZone's shares. Their AZO share price forecasts range from $2,330.00 to $3,125.00. On average, they anticipate the company's share price to reach $2,712.06 in the next year. This suggests a possible upside of 2.4% from the stock's current price. View analysts price targets for AZO or view top-rated stocks among Wall Street analysts. How have AZO shares performed in 2023? AutoZone's stock was trading at $2,466.18 at the start of the year. Since then, AZO stock has increased by 7.4% and is now trading at $2,648.95. View the best growth stocks for 2023 here. Are investors shorting AutoZone? AutoZone saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 295,500 shares, an increase of 9.0% from the March 31st total of 271,100 shares. Based on an average trading volume of 155,400 shares, the days-to-cover ratio is currently 1.9 days. Approximately 1.6% of the shares of the company are short sold. View AutoZone's Short Interest. When is AutoZone's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 23rd 2023. View our AZO earnings forecast. How can I listen to AutoZone's earnings call? AutoZone will be holding an earnings conference call on Tuesday, May 23rd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-481-4010 with passcode "48303". How were AutoZone's earnings last quarter? AutoZone, Inc. (NYSE:AZO) released its earnings results on Tuesday, February, 28th. The company reported $24.64 EPS for the quarter, beating the consensus estimate of $21.33 by $3.31. The business had revenue of $3.69 billion for the quarter, compared to analysts' expectations of $3.56 billion. AutoZone had a negative trailing twelve-month return on equity of 64.72% and a net margin of 14.32%. The business's revenue for the quarter was up 9.5% compared to the same quarter last year. During the same period in the prior year, the business posted $22.30 earnings per share. Read the conference call transcript. What ETFs hold AutoZone's stock? ETFs with the largest weight of AutoZone (NYSE:AZO) stock in their portfolio include Hennessy Stance ESG Large Cap ETF (STNC), AB US Low Volatility Equity ETF (LOWV), VanEck Retail ETF (RTH), SEI Enhanced U.S. Large Cap Momentum Factor ETF (SEIM), ASYMmetric Smart S&P 500 ETF (ASPY), Alpha Intelligent - Large Cap Growth ETF (AILG), Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD) and iShares U.S. Consumer Focused ETF (IEDI). What is Bill Rhodes III's approval rating as AutoZone's CEO? 1,445 employees have rated AutoZone Chief Executive Officer Bill Rhodes III on Glassdoor.com. Bill Rhodes III has an approval rating of 66% among the company's employees. What other stocks do shareholders of AutoZone own? Based on aggregate information from My MarketBeat watchlists, some companies that other AutoZone investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Hawkins (HWKN), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH), Micron Technology (MU), Accenture (ACN) and Och-Ziff Capital Management Group (OZM). What is AutoZone's stock symbol? AutoZone trades on the New York Stock Exchange (NYSE) under the ticker symbol "AZO." Who are AutoZone's major shareholders? AutoZone's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.36%), Envestnet Asset Management Inc. (7.57%), JPMorgan Chase & Co. (5.92%), FMR LLC (5.41%), State Street Corp (4.34%) and Fiera Capital Corp (3.13%). Insiders that own company stock include Albert Saltiel, Brian Hannasch, Charles Pleas III, Dennis W Leriche, Domingo Hurtado, Eric S Gould, George R Mrkonic Jr, Grant E Mcgee, Jane Huang, John Scott Murphy, K Michelle Borninkhof, Kristen C Wright, Mark A Finestone, Mitchell C Major, Philip B Daniele, Preston Frazer, Ronald B Griffin, Thomas B Newbern, William C Rhodes III, William C Rhodes III, William R Hackney and William T Giles. View institutional ownership trends. How do I buy shares of AutoZone? Shares of AZO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is AutoZone's stock price today? One share of AZO stock can currently be purchased for approximately $2,648.95. How much money does AutoZone make? AutoZone (NYSE:AZO) has a market capitalization of $48.74 billion and generates $16.25 billion in revenue each year. The company earns $2.43 billion in net income (profit) each year or $121.63 on an earnings per share basis. How many employees does AutoZone have? The company employs 112,000 workers across the globe. Does AutoZone have any subsidiaries? The following companies are subsidiares of AutoZone: ALLDATA LLC, Alldata, Auto Palace, AutoAnything, AutoZone Development LLC, AutoZone IP LLC, AutoZone Northeast LLC, AutoZone Parts Inc., AutoZone Puerto Rico Inc., AutoZone Stores LLC, AutoZone Texas LLC, AutoZone West, AutoZone West LLC, AutoZone de México S. de R.L. de C.V., AutoZone.com Inc., Interamerican Motor Corporation, and Riverside Captive Insurance Company.Read More How can I contact AutoZone? AutoZone's mailing address is 123 SOUTH FRONT ST, MEMPHIS TN, 38101. The official website for the company is www.autozone.com. The company can be reached via phone at (901) 495-6500, via email at investor.relations@autozone.com, or via fax at 901-495-8300. This page (NYSE:AZO) was last updated on 5/18/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding AutoZone, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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