AZO stock icon

AutoZone
AZO

$2,835.82
0.8%
 

About: AutoZone operates as a leading retailer of aftermarket automotive parts in the United States. The firm operates over 6,300 stores domestically, serving both the do-it-yourself and commercial (do-it-for-me) end markets. Through its vast store footprint and distribution network, AutoZone manages a wide array of stock-keeping units applicable to numerous vehicle makes and models, providing its consumers with ample product availability. The firm drives traffic by providing superior and convenient customer service as AutoZone's team of knowledgeable staff assists consumers with diagnosing a vehicle's problem, selecting the necessary part for replacement, and in some instances, installation. The company also operates internationally, with over 750 stores in Mexico and more than 100 in Brazil.

Employees: 119,000

0
Funds holding %
of 6,689 funds
0
Analysts bullish %
of 24 analysts
0
News positive %
of 27 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

33% more first-time investments, than exits

New positions opened: 142 | Existing positions closed: 107

26% more funds holding in top 10

Funds holding in top 10: 34 [Q4 2023] → 43 (+9) [Q1 2024]

17% more capital invested

Capital invested by funds: $41.5B [Q4 2023] → $48.7B (+$7.25B) [Q1 2024]

3% more funds holding

Funds holding: 1,080 [Q4 2023] → 1,115 (+35) [Q1 2024]

2.61% less ownership

Funds ownership: 92.86% [Q4 2023] → 90.25% (-2.61%) [Q1 2024]

14% less repeat investments, than reductions

Existing positions increased: 347 | Existing positions reduced: 404

23% less call options, than puts

Call options by funds: $910M | Put options by funds: $1.19B

Research analyst outlook

24 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$2,779
2%
downside
Avg. target
$3,236
14%
upside
High target
$3,523
24%
upside

24 analyst ratings

23 positive
96%
neutral
4%
negative
0%
Barclays
Matthew McClintock
7%upside
$3024
Overweight
Maintained
23 May 2024
Citigroup
Steven Zaccone
15%upside
$3250
Buy
Maintained
22 May 2024
Wedbush
Seth Basham
13%upside
$3200
Outperform
Maintained
22 May 2024
UBS
Michael Lasser
18%upside
$3340
Buy
Maintained
22 May 2024
Evercore ISI Group
Greg Melich
15%upside
$3250
Outperform
Maintained
22 May 2024

Financial journalist opinion

Based on 27 articles about AZO published over the past 30 days