AutoZone za rok klesl o 26,9 % a je jen 4,3 % nad 52týdenním minimem, přesto ve 3. fiskálním čtvrtletí fiskálního roku 2026 zvýšil tržby o 8,4 %. Firma zároveň rozšiřuje komerční byznys a MegaHubs.
AutoZone (AZO +1.01%) shares are trading around $3,027 on Aug. 25. That's down 26.9% over the past year and 20% over the past six months, and the stock is hovering just 4.3% above 52-week lows.
For a company that just posted its best quarterly sales growth in three years, that decline invites a question: Is the market seeing a problem that the numbers aren't showing yet, or is this simply a valuation reset for a stock that ran hot?
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What's weighing on the stock AutoZone's stock is down for a couple of sensible reasons.
Foot traffic from do-it-yourselfers has been soft lately due to tight consumer budgets. A weirdly cool, wet May killed demand for air conditioning parts right when summer heat usually kicks that category into gear. Recent quarters saw sharply higher revenue growth as inflation and tariff costs drove up unit prices. Now, AutoZone is guiding to lower top-line growth as the same extra-high sales are becoming the basis for tougher year-over-year comparisons.
Put those headwinds together, and it's easy to see why growth-focused investors got nervous even as headline sales rose 8.4% in the third quarter of fiscal year 2026, which ended May 9.
AutoZone vs. O'Reilly Here's the part that gets me excited, though: Look at AutoZone next to its biggest rival, O'Reilly (ORLY +0.76%). AutoZone trades at a forward P/E of 17.3 versus O'Reilly's 24.7, and O'Reilly's stock has barely budged this year. So this isn't some industrywide freakout; the market specifically discounted AutoZone.
Meanwhile, AutoZone's commercial business posted 10.4% sales growth last quarter. Management sees a serious growth opportunity in this segment, which accounted for just 29% of last quarter's total sales.
"We continue to gain share, and we have really low share on the commercial side of the business," CEO Philip Daniele said on the earnings call.
The MegaHub advantage The engine behind that effort is MegaHubs. AutoZone's largest stores are stocked with over 100,000 parts to restock nearby locations in a snap. The company has 156 of these hubs today, including 14 openings in Q3 alone. That's about halfway to the long-term target of roughly 300 MegaHubs.
On top of all that, the board just tacked on another $1.5 billion to the buyback authorization in June. That's about 3% of AutoZone's current market cap.
And here's a fun wildcard. AutoZone has never split its stock, which trades at more than $3,000 per share. A split wouldn't actually change anything that matters; you'd just own more shares worth proportionally less each, with the same total value.
But there's a practical case for it anyway. If your brokerage doesn't do fractional shares, a split gives you way more flexibility to buy exactly the amount you want instead of aligning your buys with that beefy share price. AutoZone hasn't signaled any plans here, but given how high the share price has climbed, it's the kind of move that wouldn't shock anyone.
Image source: The Motley Fool.
Don't let the sliding chart scare you Sure, there are real things to watch: Inflation's cooling off, international sales are sluggish, and traffic needs to firm up. But a slowdown caused by weird weather and challenging year-ago comparisons isn't the same as a business losing its grip.
The MegaHub strategy makes sense, and I can't complain about the lower buy-in pricing. At the very least, I'd gladly buy AutoZone's stock before O'Reilly's right now.
Bank of New York Mellon Corp bought a new position in shares of AutoZone, Inc. (NYSE:AZO – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 104,870 shares of the company’s stock, valued at approximately $335,157,000. Bank of New York Mellon Corp owned 0.64% of AutoZone at the end of the most recent quarter.
Several other large investors have also added to or reduced their stakes in AZO. Turning Point Benefit Group Inc. bought a new stake in AutoZone in the third quarter worth $25,000. Torren Management LLC purchased a new position in shares of AutoZone in the 4th quarter worth $27,000. Transamerica Financial Advisors LLC increased its holdings in shares of AutoZone by 100.0% in the 4th quarter. Transamerica Financial Advisors LLC now owns 8 shares of the company’s stock worth $28,000 after buying an additional 4 shares during the last quarter. MCF Advisors LLC increased its holdings in shares of AutoZone by 50.0% in the 4th quarter. MCF Advisors LLC now owns 9 shares of the company’s stock worth $31,000 after buying an additional 3 shares during the last quarter. Finally, Bard Associates Inc. purchased a new stake in shares of AutoZone during the 4th quarter valued at about $31,000. Hedge funds and other institutional investors own 92.74% of the company’s stock.
AutoZone Price Performance AZO stock opened at $2,960.64 on Friday. The company has a market capitalization of $48.35 billion, a P/E ratio of 20.36, a price-to-earnings-growth ratio of 1.50 and a beta of 0.33. AutoZone, Inc. has a 12 month low of $2,902.20 and a 12 month high of $4,388.11. The firm’s fifty day simple moving average is $3,054.94 and its 200-day simple moving average is $3,332.00.
AutoZone (NYSE:AZO – Get Free Report) last posted its quarterly earnings results on Tuesday, May 26th. The company reported $38.07 EPS for the quarter, beating the consensus estimate of $36.22 by $1.85. AutoZone had a net margin of 12.40% and a negative return on equity of 80.35%. The company had revenue of $4.84 billion for the quarter, compared to analyst estimates of $4.86 billion. During the same period in the prior year, the company earned $35.36 earnings per share. The firm’s revenue was up 8.4% on a year-over-year basis. As a group, sell-side analysts forecast that AutoZone, Inc. will post 150.39 earnings per share for the current year. AutoZone declared that its board has authorized a share buyback program on Tuesday, June 16th that authorizes the company to buyback $1.50 billion in outstanding shares. This buyback authorization authorizes the company to reacquire up to 3% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.
Wall Street Analyst Weigh In Several research analysts recently commented on the company. Raymond James Financial reiterated a “strong-buy” rating on shares of AutoZone in a research report on Wednesday, May 27th. JPMorgan Chase & Co. cut their target price on AutoZone from $4,300.00 to $3,850.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 27th. Robert W. Baird lowered their price target on AutoZone from $3,900.00 to $3,600.00 and set a “neutral” rating for the company in a research report on Wednesday, May 27th. Jefferies Financial Group cut their price objective on shares of AutoZone from $4,400.00 to $4,000.00 and set a “buy” rating on the stock in a research report on Wednesday, May 27th. Finally, Roth Capital lowered their target price on shares of AutoZone from $4,526.00 to $4,023.00 and set a “buy” rating for the company in a report on Wednesday, May 27th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, AutoZone currently has a consensus rating of “Moderate Buy” and a consensus price target of $4,029.43.
Read Our Latest Analysis on AZO
Insider Activity at AutoZone In other AutoZone news, VP Dennis W. Leriche sold 1,455 shares of the stock in a transaction on Friday, August 7th. The shares were sold at an average price of $3,100.00, for a total transaction of $4,510,500.00. Following the transaction, the vice president directly owned 441 shares of the company’s stock, valued at $1,367,100. This trade represents a 76.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Brian Hannasch bought 165 shares of the business’s stock in a transaction dated Friday, May 29th. The shares were bought at an average cost of $2,987.00 per share, with a total value of $492,855.00. Following the purchase, the director directly owned 1,219 shares of the company’s stock, valued at approximately $3,641,153. This represents a 15.65% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 2.60% of the stock is currently owned by company insiders.
AutoZone Company Profile (Free Report)
AutoZone, Inc (NYSE: AZO) is a retailer and distributor of automotive replacement parts and accessories. Headquartered in Memphis, Tennessee, the company supplies a wide range of aftermarket components, maintenance items and accessories for passenger cars, light trucks and commercial vehicles. Its product assortment includes engine parts, electrical components, batteries, brakes, filters, fluids and interior and exterior accessories, supported by inventory management and logistics systems to serve retail customers and professional service providers.
AutoZone serves both do‑it‑yourself (DIY) consumers and commercial customers such as independent repair shops and service centers.
See Also Five stocks we like better than AutoZone Blueprint for a Boom: SEC Clears the Crypto Runway Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss Advance Auto Parts Plunged, But Its Turnaround Is Still Working Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates?
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Advisors Capital Management LLC purchased a new position in AutoZone, Inc. (NYSE:AZO – Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 645 shares of the company’s stock, valued at approximately $2,063,000.
Several other large investors also recently modified their holdings of the company. BlackRock Inc. bought a new stake in shares of AutoZone during the second quarter valued at approximately $3,938,566,000. Norges Bank acquired a new stake in shares of AutoZone in the 4th quarter worth $939,205,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of AutoZone in the 2nd quarter valued at $572,885,000. Bank of New York Mellon Corp acquired a new stake in AutoZone during the 2nd quarter worth about $335,157,000. Finally, Morgan Stanley increased its holdings in shares of AutoZone by 17.8% during the 4th quarter. Morgan Stanley now owns 492,794 shares of the company’s stock valued at $1,671,323,000 after purchasing an additional 74,555 shares in the last quarter. Institutional investors own 92.74% of the company’s stock.
AutoZone Price Performance Shares of AZO opened at $2,960.64 on Friday. AutoZone, Inc. has a 12 month low of $2,902.20 and a 12 month high of $4,388.11. The stock’s 50-day moving average is $3,054.94 and its two-hundred day moving average is $3,332.00. The stock has a market cap of $48.35 billion, a PE ratio of 20.36, a P/E/G ratio of 1.50 and a beta of 0.33.
AutoZone (NYSE:AZO – Get Free Report) last announced its earnings results on Tuesday, May 26th. The company reported $38.07 earnings per share for the quarter, beating the consensus estimate of $36.22 by $1.85. The company had revenue of $4.84 billion during the quarter, compared to the consensus estimate of $4.86 billion. AutoZone had a negative return on equity of 80.35% and a net margin of 12.40%.The company’s revenue was up 8.4% on a year-over-year basis. During the same period last year, the firm earned $35.36 earnings per share. On average, research analysts anticipate that AutoZone, Inc. will post 150.39 earnings per share for the current year. AutoZone declared that its board has initiated a stock buyback program on Tuesday, June 16th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the company to reacquire up to 3% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s board believes its stock is undervalued.
Insiders Place Their Bets In related news, VP Dennis W. Leriche sold 1,455 shares of the stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $3,100.00, for a total transaction of $4,510,500.00. Following the sale, the vice president owned 441 shares in the company, valued at $1,367,100. This represents a 76.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Brian Hannasch purchased 165 shares of the business’s stock in a transaction that occurred on Friday, May 29th. The stock was bought at an average cost of $2,987.00 per share, for a total transaction of $492,855.00. Following the acquisition, the director owned 1,219 shares in the company, valued at approximately $3,641,153. The trade was a 15.65% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 2.60% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades A number of equities analysts have weighed in on the stock. Morgan Stanley reduced their price objective on shares of AutoZone from $4,020.00 to $3,605.00 and set an “overweight” rating for the company in a research report on Wednesday, May 27th. The Goldman Sachs Group reduced their target price on AutoZone from $4,345.00 to $4,096.00 and set a “buy” rating on the stock in a research report on Wednesday, May 27th. Mizuho reduced their price target on shares of AutoZone from $3,600.00 to $3,200.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 27th. Citigroup lowered their price objective on AutoZone from $4,300.00 to $3,700.00 and set a “buy” rating for the company in a research report on Wednesday, May 27th. Finally, Truist Financial set a $3,700.00 target price on shares of AutoZone in a report on Wednesday, May 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, AutoZone currently has a consensus rating of “Moderate Buy” and an average target price of $4,029.43.
Get Our Latest Research Report on AZO
AutoZone Company Profile (Free Report)
AutoZone, Inc (NYSE: AZO) is a retailer and distributor of automotive replacement parts and accessories. Headquartered in Memphis, Tennessee, the company supplies a wide range of aftermarket components, maintenance items and accessories for passenger cars, light trucks and commercial vehicles. Its product assortment includes engine parts, electrical components, batteries, brakes, filters, fluids and interior and exterior accessories, supported by inventory management and logistics systems to serve retail customers and professional service providers.
AutoZone serves both do‑it‑yourself (DIY) consumers and commercial customers such as independent repair shops and service centers.
Further Reading Five stocks we like better than AutoZone Blueprint for a Boom: SEC Clears the Crypto Runway Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss Advance Auto Parts Plunged, But Its Turnaround Is Still Working Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates?
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BlackRock ve druhém čtvrtletí koupil nový podíl ve společnosti AutoZone: 1 232 366 akcií za zhruba 3 938 566 000 USD. Na konci období držel asi 7,55 % společnosti.
BlackRock Inc. bought a new stake in shares of AutoZone, Inc. (NYSE:AZO – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 1,232,366 shares of the company’s stock, valued at approximately $3,938,566,000. BlackRock Inc. owned approximately 7.55% of AutoZone at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Jupiter Asset Management Ltd. acquired a new stake in shares of AutoZone in the fourth quarter valued at $1,808,000. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund raised its holdings in AutoZone by 15.2% in the fourth quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 14,224 shares of the company’s stock valued at $48,241,000 after acquiring an additional 1,882 shares in the last quarter. CIBC Asset Management Inc raised its holdings in shares of AutoZone by 67.1% in the 4th quarter. CIBC Asset Management Inc now owns 3,941 shares of the company’s stock valued at $13,366,000 after purchasing an additional 1,582 shares in the last quarter. Norges Bank purchased a new stake in AutoZone during the 4th quarter worth about $939,205,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in AutoZone by 387.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 77,792 shares of the company’s stock worth $263,832,000 after purchasing an additional 61,821 shares during the last quarter. 92.74% of the stock is owned by hedge funds and other institutional investors.
AutoZone Trading Up 1.9% NYSE AZO opened at $3,077.21 on Wednesday. The company has a market capitalization of $50.25 billion, a PE ratio of 21.16, a price-to-earnings-growth ratio of 1.54 and a beta of 0.33. AutoZone, Inc. has a twelve month low of $2,902.20 and a twelve month high of $4,388.11. The business’s 50-day moving average price is $3,061.14 and its 200 day moving average price is $3,344.23.
AutoZone (NYSE:AZO – Get Free Report) last issued its quarterly earnings results on Tuesday, May 26th. The company reported $38.07 EPS for the quarter, topping the consensus estimate of $36.22 by $1.85. The firm had revenue of $4.84 billion during the quarter, compared to analyst estimates of $4.86 billion. AutoZone had a net margin of 12.40% and a negative return on equity of 80.35%. AutoZone’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $35.36 earnings per share. Equities analysts predict that AutoZone, Inc. will post 150.39 EPS for the current year. AutoZone announced that its board has initiated a stock repurchase program on Tuesday, June 16th that allows the company to buyback $1.50 billion in outstanding shares. This buyback authorization allows the company to repurchase up to 3% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s leadership believes its shares are undervalued.
Insider Activity In related news, Director Brian Hannasch purchased 165 shares of the stock in a transaction that occurred on Friday, May 29th. The stock was purchased at an average cost of $2,987.00 per share, for a total transaction of $492,855.00. Following the acquisition, the director owned 1,219 shares in the company, valued at approximately $3,641,153. This trade represents a 15.65% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Dennis W. Leriche sold 1,455 shares of the stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $3,100.00, for a total value of $4,510,500.00. Following the completion of the sale, the vice president owned 441 shares of the company’s stock, valued at approximately $1,367,100. This trade represents a 76.74% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 2.60% of the company’s stock.
Analyst Ratings Changes AZO has been the subject of several research analyst reports. Jefferies Financial Group decreased their price objective on shares of AutoZone from $4,400.00 to $4,000.00 and set a “buy” rating for the company in a research note on Wednesday, May 27th. Truist Financial set a $3,700.00 price objective on shares of AutoZone in a research report on Wednesday, May 27th. The Goldman Sachs Group reduced their price target on AutoZone from $4,345.00 to $4,096.00 and set a “buy” rating for the company in a report on Wednesday, May 27th. Roth Capital decreased their price objective on shares of AutoZone from $4,526.00 to $4,023.00 and set a “buy” rating on the stock in a report on Wednesday, May 27th. Finally, Weiss Ratings lowered AutoZone from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, AutoZone has a consensus rating of “Moderate Buy” and an average price target of $4,029.43.
Check Out Our Latest Analysis on AutoZone
About AutoZone (Free Report)
AutoZone, Inc (NYSE: AZO) is a retailer and distributor of automotive replacement parts and accessories. Headquartered in Memphis, Tennessee, the company supplies a wide range of aftermarket components, maintenance items and accessories for passenger cars, light trucks and commercial vehicles. Its product assortment includes engine parts, electrical components, batteries, brakes, filters, fluids and interior and exterior accessories, supported by inventory management and logistics systems to serve retail customers and professional service providers.
AutoZone serves both do‑it‑yourself (DIY) consumers and commercial customers such as independent repair shops and service centers.
Featured Stories Five stocks we like better than AutoZone The AI Boom Is Turning This Cable Maker Into a Stock to Watch A Star Investor Just Trimmed Amazon—Here’s What It means Wendy’s Deal Buzz May Give Fast-Food Investors a New Reason to Look Home Depot Analysts See a Path to $375 and Beyond Want to see what other hedge funds are holding AZO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AutoZone, Inc. (NYSE:AZO – Free Report).
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First Trust Advisors LP v prvním čtvrtletí snížil podíl v AutoZone o 68,3 % a prodal 4 110 akcií. Po prodeji držel 1 906 akcií v hodnotě 6,437 milionu USD.
First Trust Advisors LP decreased its holdings in AutoZone, Inc. (NYSE:AZO – Free Report) by 68.3% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,906 shares of the company’s stock after selling 4,110 shares during the quarter. First Trust Advisors LP’s holdings in AutoZone were worth $6,437,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. Morgan Stanley boosted its stake in shares of AutoZone by 17.8% during the 4th quarter. Morgan Stanley now owns 492,794 shares of the company’s stock worth $1,671,323,000 after acquiring an additional 74,555 shares in the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of AutoZone by 1.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 387,042 shares of the company’s stock worth $1,312,654,000 after purchasing an additional 7,390 shares during the period. Norges Bank purchased a new stake in shares of AutoZone during the fourth quarter valued at $939,205,000. First Manhattan CO. LLC. lifted its holdings in shares of AutoZone by 2.7% during the fourth quarter. First Manhattan CO. LLC. now owns 261,314 shares of the company’s stock valued at $886,246,000 after purchasing an additional 6,765 shares during the last quarter. Finally, Northern Trust Corp boosted its position in shares of AutoZone by 1.2% in the 3rd quarter. Northern Trust Corp now owns 189,789 shares of the company’s stock valued at $814,240,000 after purchasing an additional 2,333 shares during the period. Institutional investors own 92.74% of the company’s stock.
AutoZone Stock Performance Shares of AZO opened at $3,024.42 on Monday. The company has a market capitalization of $49.39 billion, a PE ratio of 20.79, a PEG ratio of 1.53 and a beta of 0.33. The company’s 50 day moving average price is $3,069.68 and its 200 day moving average price is $3,392.87. AutoZone, Inc. has a 52 week low of $2,902.20 and a 52 week high of $4,388.11.
AutoZone (NYSE:AZO – Get Free Report) last issued its earnings results on Tuesday, May 26th. The company reported $38.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $36.22 by $1.85. AutoZone had a net margin of 12.40% and a negative return on equity of 80.35%. The company had revenue of $4.84 billion during the quarter, compared to analyst estimates of $4.86 billion. During the same quarter last year, the business posted $35.36 EPS. The company’s revenue for the quarter was up 8.4% on a year-over-year basis. On average, equities analysts forecast that AutoZone, Inc. will post 150.39 earnings per share for the current fiscal year.
AutoZone announced that its board has initiated a share buyback plan on Tuesday, June 16th that allows the company to repurchase $1.50 billion in shares. This repurchase authorization allows the company to purchase up to 3% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s leadership believes its shares are undervalued.
Wall Street Analyst Weigh In Several research firms have issued reports on AZO. BMO Capital Markets cut their price objective on AutoZone from $4,300.00 to $4,000.00 and set an “outperform” rating on the stock in a report on Wednesday, May 27th. DA Davidson decreased their target price on shares of AutoZone from $4,300.00 to $3,750.00 and set a “buy” rating for the company in a report on Wednesday, May 27th. Robert W. Baird dropped their target price on shares of AutoZone from $3,900.00 to $3,600.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 27th. BNP Paribas Exane cut their price target on shares of AutoZone from $4,478.00 to $3,979.00 and set an “outperform” rating on the stock in a report on Wednesday, May 27th. Finally, Citigroup reduced their price target on shares of AutoZone from $4,300.00 to $3,700.00 and set a “buy” rating for the company in a research report on Wednesday, May 27th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $4,040.87.
Get Our Latest Report on AutoZone
Insider Transactions at AutoZone In other news, Director Brian Hannasch bought 165 shares of the stock in a transaction on Friday, May 29th. The shares were purchased at an average price of $2,987.00 per share, for a total transaction of $492,855.00. Following the completion of the purchase, the director directly owned 1,219 shares of the company’s stock, valued at $3,641,153. This trade represents a 15.65% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 2.60% of the company’s stock.
AutoZone Company Profile (Free Report)
AutoZone, Inc (NYSE: AZO) is a retailer and distributor of automotive replacement parts and accessories. Headquartered in Memphis, Tennessee, the company supplies a wide range of aftermarket components, maintenance items and accessories for passenger cars, light trucks and commercial vehicles. Its product assortment includes engine parts, electrical components, batteries, brakes, filters, fluids and interior and exterior accessories, supported by inventory management and logistics systems to serve retail customers and professional service providers.
AutoZone serves both do‑it‑yourself (DIY) consumers and commercial customers such as independent repair shops and service centers.
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Akcie AutoZone (AZO) v poslední obchodní den klesly o 4,32 % na 3 006,57 USD, zatímco S&P 500 vzrostl o 1,66 %. Za poslední měsíc akcie odepsaly 2,36 %.
AutoZone (AZO - Free Report) closed the most recent trading day at $3,006.57, moving -4.32% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 1.66%. Elsewhere, the Dow saw an upswing of 1.19%, while the tech-heavy Nasdaq appreciated by 2.78%.
Heading into today, shares of the auto parts retailer had lost 2.36% over the past month, lagging the Retail-Wholesale sector's gain of 0.61% and the S&P 500's loss of 1.49%.
The upcoming earnings release of AutoZone will be of great interest to investors. It is anticipated that the company will report an EPS of $55.08, marking a 13.08% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $6.71 billion, reflecting a 7.52% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $150.39 per share and revenue of $20.48 billion, indicating changes of +3.81% and +8.13%, respectively, compared to the previous year.
Any recent changes to analyst estimates for AutoZone should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.08% lower. Currently, AutoZone is carrying a Zacks Rank of #3 (Hold).
Looking at its valuation, AutoZone is holding a Forward P/E ratio of 20.89. This valuation marks a premium compared to its industry average Forward P/E of 20.38.
Also, we should mention that AZO has a PEG ratio of 1.6. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Automotive - Retail and Wholesale - Parts stocks are, on average, holding a PEG ratio of 1.8 based on yesterday's closing prices.
The Automotive - Retail and Wholesale - Parts industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 46, putting it in the top 19% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
A month has gone by since the last earnings report for AutoZone (AZO - Free Report) . Shares have added about 2% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is AutoZone due for a pullback? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent drivers for AutoZone, Inc. before we dive into how investors and analysts have reacted as of late.
AutoZone Q3 Earnings Beat EstimatesAutoZone posted third-quarter fiscal 2026 (ended May 9, 2026) earnings per share of $38.07, topping the Zacks Consensus Estimate of $36.18 by 5.2%. Earnings per share rose 7.7% from $35.36 a year ago.
The company’s net sales increased 8.4% year over year to $4.84 billion, but fell short of the consensus mark of $4.86 billion by about 0.5%. Domestic same-store sales increased 4.1% in the quarter, led by strong commercial momentum.
Sales Growth Accelerates on Commercial MomentumIn the reported quarter, domestic commercial sales totaled $1.4 billion, up from $1.27 billion in the year-ago period. Total sales represented the company’s largest year-over-year growth in more than three years, reflecting faster top-line momentum versus the first half of fiscal 2026. Total company same-store sales rose 3.9% on a constant-currency basis, supported by a 4.1% domestic comp and a 1.6% international comp on the same basis.
The mix of growth also leaned favorably. Domestic do-it-yourself sales rose 2.2% in the quarter, while domestic commercial sales increased 10.4%. The commercial outperformance was driven by better inventory availability at satellite stores, broader Hub and Mega-Hub coverage, and continued gains tied to service speed and delivery improvements.
Profitability Reflects LIFO and Mix PressureGross profit rose to $2.52 billion from $2.35 billion in the prior-year quarter. Gross profit margin was 52.2%, down 57 basis points from the year-ago period. A $20 million non-cash LIFO charge in the quarter, which contrasted with a $16 million LIFO credit in the prior-year quarter, weighed on the year-over-year margin comparison.
Operating profit increased 6.6% to $923.8 million. Operating expenses were 33.1% of sales versus 33.3% last year, indicating modest leverage despite the faster store growth cadence. Net income rose to $641.5 million from $608.4 million a year ago.
Store Growth Push Builds Scale Across RegionsAutoZone continued to add stores at a faster pace. During the quarter, it opened 82 new stores globally, including 57 in the United States, 20 in Mexico and five in Brazil. Total store count ended at 7,856, consisting of 6,766 in the United States, 933 in Mexico and 157 in Brazil.
The company continues to expand its commercial footprint. Mega-Hubs acted as a key driver of improved parts availability, as these locations typically carry a significantly broader SKU count and can lift both commercial and retail demand by shortening delivery times in local markets.
Capital Returns Remain a Key FeatureShare repurchases stayed sizable in the quarter. AutoZone bought back 164,000 shares for $586.3 million at an average price of $3,582 per share, ending the period with $0.8 billion remaining under its current authorization.
Liquidity remained solid alongside a leveraged balance sheet structure typical of the company’s capital strategy. Cash and cash equivalents were $253.7 million as of May 9, 2026, while total debt stood at $9.02 billion, down from $8.8 billion as of May 10, 2025. The company reported a leverage ratio of 2.5x EBITDAR.
Inventory Position Tracks Growth and InflationInventory continued to build as the company invests to support growth initiatives and new stores. Merchandise inventories rose 10.8% year over year to $7.56 billion. Inventory per store increased to $962,000 from $908,000 in the year-ago quarter.
Net inventory, defined as merchandise inventory less accounts payable, remained negative on a per-store basis. Net inventory per store was negative $107,000 compared with negative $142,000 last year, while accounts payable as a percentage of inventory was 111.1% compared with 115.6% a year ago.
Q4 Commentary Centers on Inflation and LIFOThe company expects inflation and ticket growth to moderate in the fourth quarter versus the third quarter, with commentary pointing to a mid-4% range for ticket trends as the company laps higher inflation from the prior year. It also expects a planned non-cash LIFO charge of approximately $30 million for the fourth quarter, which would pressure gross margin and earnings per share versus a more favorable prior-year LIFO comparison.
The company expects weather-related softness late in the quarter, affecting certain heat-driven categories, while reiterating confidence in summer performance given ongoing execution initiatives. Internationally, the company expects a softer macro environment in Mexico and Brazil, with expectations for constant-currency same-store sales in a range similar to the third quarter.
How Have Estimates Been Moving Since Then?It turns out, estimates review have trended upward during the past month.
VGM ScoresCurrently, AutoZone has a average Growth Score of C, however its Momentum Score is doing a lot better with an A. However, the stock was allocated a grade of C on the value side, putting it in the middle 20% for this investment strategy.
Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. Interestingly, AutoZone has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
