Zacks Research Has Negative View of AutoZone FY2025 Earnings

AutoZone, Inc. (NYSE:AZO) – Equities researchers at Zacks Research decreased their FY2025 earnings per share (EPS) estimates for AutoZone in a report released on Monday, June 9th. Zacks Research analyst R. Department now anticipates that the company will earn $145.85 per share for the year, down from their previous estimate of $152.39. The consensus estimate for AutoZone’s current full-year earnings is $152.94 per share. Zacks Research also issued estimates for AutoZone’s Q4 2025 earnings at $49.68 EPS, Q2 2026 earnings at $31.58 EPS and Q3 2027 earnings at $43.17 EPS.

AutoZone (NYSE:AZO) last issued its quarterly earnings data on Tuesday, May 27th. The company reported $35.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $37.07 by ($1.71). The business had revenue of $4.46 billion for the quarter, compared to analysts’ expectations of $4.41 billion. AutoZone had a negative return on equity of 53.89% and a net margin of 14.18%. The company’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same period in the previous year, the business posted $36.69 earnings per share.

Several other research analysts also recently weighed in on the company. Guggenheim lifted their target price on AutoZone from $3,850.00 to $4,100.00 and gave the company a “buy” rating in a research note on Wednesday, May 28th. Wells Fargo & Company set a $4,200.00 price objective on shares of AutoZone and gave the company an “overweight” rating in a research note on Monday, May 19th. Argus downgraded shares of AutoZone from a “buy” rating to a “hold” rating in a report on Wednesday, March 5th. Evercore ISI set a $3,950.00 target price on AutoZone in a research report on Monday, May 19th. Finally, Mizuho raised their price target on AutoZone from $3,600.00 to $3,740.00 and gave the company an “outperform” rating in a report on Wednesday, March 5th. Two analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $4,072.24.

AutoZone Stock Down 1.6%

Shares of AZO stock opened at $3,655.89 on Thursday. The stock’s 50-day moving average price is $3,689.09 and its 200 day moving average price is $3,499.76. The stock has a market capitalization of $61.35 billion, a PE ratio of 24.42, a price-to-earnings-growth ratio of 1.86 and a beta of 0.40. AutoZone has a 52-week low of $2,792.14 and a 52-week high of $3,916.81.

Hedge Funds Weigh In On AutoZone

Institutional investors have recently modified their holdings of the company. Colonial Trust Co SC raised its holdings in AutoZone by 24.5% in the 4th quarter. Colonial Trust Co SC now owns 61 shares of the company’s stock valued at $197,000 after acquiring an additional 12 shares during the last quarter. Comerica Bank grew its holdings in AutoZone by 5.4% in the 4th quarter. Comerica Bank now owns 4,262 shares of the company’s stock valued at $13,647,000 after buying an additional 217 shares during the period. Barclays PLC boosted its position in shares of AutoZone by 82.6% in the fourth quarter. Barclays PLC now owns 170,216 shares of the company’s stock worth $545,033,000 after acquiring an additional 77,015 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in AutoZone by 13.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 66,016 shares of the company’s stock valued at $211,383,000 after purchasing an additional 7,586 shares during the period. Finally, Russell Investments Group Ltd. increased its position in AutoZone by 41.1% during the fourth quarter. Russell Investments Group Ltd. now owns 73,044 shares of the company’s stock worth $233,718,000 after purchasing an additional 21,266 shares during the last quarter. Institutional investors and hedge funds own 92.74% of the company’s stock.

Insiders Place Their Bets

In other AutoZone news, VP Richard Craig Smith sold 2,850 shares of the firm’s stock in a transaction on Thursday, March 20th. The stock was sold at an average price of $3,610.00, for a total transaction of $10,288,500.00. Following the completion of the transaction, the vice president now owns 2,924 shares of the company’s stock, valued at approximately $10,555,640. This trade represents a 49.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Jamere Jackson sold 2,612 shares of the company’s stock in a transaction on Friday, May 30th. The shares were sold at an average price of $3,728.05, for a total value of $9,737,666.60. Following the completion of the sale, the chief financial officer now owns 427 shares in the company, valued at $1,591,877.35. This represents a 85.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 12,262 shares of company stock worth $45,194,187. Insiders own 2.10% 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.