DA Davidson Analysts Raise Earnings Estimates for AutoZone

AutoZone, Inc. (NYSE:AZO) – Stock analysts at DA Davidson boosted their Q3 2025 earnings estimates for shares of AutoZone in a report issued on Tuesday, March 25th. DA Davidson analyst M. Baker now anticipates that the company will post earnings per share of $36.91 for the quarter, up from their prior forecast of $36.84. DA Davidson currently has a “Buy” rating and a $4,192.00 price target on the stock. The consensus estimate for AutoZone’s current full-year earnings is $152.94 per share.

A number of other analysts have also weighed in on AZO. JPMorgan Chase & Co. raised their target price on AutoZone from $3,775.00 to $3,830.00 and gave the company an “overweight” rating in a research note on Wednesday, March 5th. TD Cowen upped their target price on shares of AutoZone from $3,450.00 to $3,800.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. BMO Capital Markets upped their target price on shares of AutoZone from $3,700.00 to $3,850.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 5th. Morgan Stanley raised their price target on shares of AutoZone from $3,490.00 to $3,750.00 and gave the company an “overweight” rating in a report on Wednesday, March 5th. Finally, Mizuho upped their price objective on AutoZone from $3,600.00 to $3,740.00 and gave the stock an “outperform” rating in a report on Wednesday, March 5th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, sixteen have issued a buy rating and four have issued a strong buy rating to the company. According to data from MarketBeat.com, AutoZone currently has a consensus rating of “Moderate Buy” and a consensus price target of $3,683.36.

AutoZone Price Performance

AZO stock opened at $3,675.49 on Wednesday. The business has a fifty day moving average price of $3,450.75 and a 200 day moving average price of $3,267.24. AutoZone has a fifty-two week low of $2,728.97 and a fifty-two week high of $3,704.43. The stock has a market capitalization of $61.68 billion, a price-to-earnings ratio of 24.56, a P/E/G ratio of 1.86 and a beta of 0.71.

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

Institutional Trading of AutoZone

Hedge funds and other institutional investors have recently made changes to their positions in the business. Cerity Partners LLC grew its position in AutoZone by 21.9% in the third quarter. Cerity Partners LLC now owns 3,292 shares of the company’s stock valued at $10,371,000 after purchasing an additional 592 shares in the last quarter. Kingsview Wealth Management LLC increased its position in shares of AutoZone by 5.5% in the third quarter. Kingsview Wealth Management LLC now owns 154 shares of the company’s stock valued at $484,000 after acquiring an additional 8 shares during the last quarter. Summit Trail Advisors LLC raised its holdings in AutoZone by 45.1% during the third quarter. Summit Trail Advisors LLC now owns 148 shares of the company’s stock worth $465,000 after acquiring an additional 46 shares in the last quarter. Daiwa Securities Group Inc. boosted its position in AutoZone by 12.7% during the third quarter. Daiwa Securities Group Inc. now owns 2,147 shares of the company’s stock valued at $6,763,000 after purchasing an additional 242 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new position in AutoZone in the third quarter valued at approximately $712,000. 92.74% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, VP Dennis W. Leriche sold 1,575 shares of AutoZone stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $3,600.00, for a total transaction of $5,670,000.00. Following the transaction, the vice president now owns 417 shares in the company, valued at $1,501,200. The trade was a 79.07 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Bailey L. Childress sold 160 shares of the stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $3,550.00, for a total transaction of $568,000.00. Following the sale, the senior vice president now directly owns 50 shares of the company’s stock, valued at $177,500. This represents a 76.19 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 4,721 shares of company stock valued at $17,009,311 in the last quarter. Company insiders own 2.10% of the company’s stock.

AutoZone Company Profile

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.