AutoZone
AZO

$3,090.31

1.96%

Market Cap: 52.8B

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

Consumer Discretionary Auto & Home Supply Stores

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 30 analysts

0

News positive %

of 7 articles

Fund manager confidence

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

40% more first-time investments, than exits

New positions opened: 143 | Existing positions closed: 102

26% more funds holding in top 10

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

18% more capital invested

Capital invested by funds: $41.5B [Q4 2023] → $48.9B (+$7.44B) [Q1 2024]

4% more funds holding

Funds holding: 1,079 [Q4 2023] → 1,120 (+41) [Q1 2024]

2.27% less ownership

Funds ownership: 92.84% [Q4 2023] → 90.57% (-2.27%) [Q1 2024]

14% less repeat investments, than reductions

Existing positions increased: 348 | Existing positions reduced: 406

21% less call options, than puts

Call options by funds: $989M | Put options by funds: $1.25B

See Fund Rankings

Research analyst outlook

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

Low target

$2,600

16%

downside

Avg. target

$3,218

4%

upside

High target

$3,523

14%

upside

30 analyst ratings

29 positive

97%

1 neutral

3%

0 negative

0%

Wedbush Seth Basham	4%upside $3200	Outperform Reiterated	10 Jul 2024
Evercore ISI Group Greg Melich	6%upside $3275	Outperform Maintained	2 Jul 2024
Oppenheimer Brian Nagel	16%downside $2600	Perform Maintained	26 Jun 2024
Guggenheim Steven Forbes	4%upside $3225	Buy Maintained	26 Jun 2024
Evercore ISI Group Greg Melich	6%upside $3278	Outperform Maintained	20 Jun 2024

See Analyst Rankings

Financial journalist opinion

Based on 7 articles about AZO published over the past 30 days

3 Retail Stocks to Buy on the Dip: July 2024

While the overall market hovers near an all-time high, retail stocks lagged. Take the SPDR S&P Retail ETF (NYSEARCA: XRT ), for instance, the largest ETF in the space, which has yet to reclaim its 2021 highs.

3 Retail Stocks to Buy on the Dip: July 2024

Zacks Investment Research

AutoZone (AZO) Rises As Market Takes a Dip: Key Facts

AutoZone (AZO) concluded the recent trading session at $2,941.73, signifying a +0.69% move from its prior day's close.

AutoZone (AZO) Rises As Market Takes a Dip: Key Facts

Zacks Investment Research

AutoZone, Inc. (AZO) is Attracting Investor Attention: Here is What You Should Know

Recently, Zacks.com users have been paying close attention to AutoZone (AZO). This makes it worthwhile to examine what the stock has in store.

AutoZone, Inc. (AZO) is Attracting Investor Attention: Here is What You Should Know

Zacks Investment Research

AutoZone, Inc. (AZO) Is a Trending Stock: Facts to Know Before Betting on It

AutoZone (AZO) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

AutoZone, Inc. (AZO) Is a Trending Stock: Facts to Know Before Betting on It

5 Stocks With Solid Growth History and a Promising Outlook

Five reasonably priced stocks with solid growth history and a good chance of delivering earnings even if the economy softens.

5 Stocks With Solid Growth History and a Promising Outlook

AutoZone: Long-Term Play With Shareholder Focus And A Growth Plan

AutoZone delivered strong EPS growth in Q3, outperforming analyst estimates by $1.02 per share but fell short of revenue expectations. Despite challenges in the domestic market, AutoZone is focused on growth through store expansion, commercial focus, and international markets. Management is aligned with long-term success, but high leverage and declining free cash flow raise concerns about an aggressive buyback program.

AutoZone: Long-Term Play With Shareholder Focus And A Growth Plan

3 Stocks that Should Follow Nvidia and Go for the Split

Stock splits are popular once again. In June, Nvidia (NASDAQ: NVDA ) split its stock on a 10-for-1 basis and Chipotle Mexican Grill (NYSE: CMG ) executed a 50-for-1 split, the first in the restaurant chain's history.

3 Stocks that Should Follow Nvidia and Go for the Split

Zacks Investment Research

Investors Heavily Search AutoZone, Inc. (AZO): Here is What You Need to Know

Zacks.com users have recently been watching AutoZone (AZO) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Investors Heavily Search AutoZone, Inc. (AZO): Here is What You Need to Know

Zacks Investment Research

Why Is AutoZone (AZO) Up 7.1% Since Last Earnings Report?

AutoZone (AZO) reported earnings 30 days ago. What's next for the stock?

Why Is AutoZone (AZO) Up 7.1% Since Last Earnings Report?

Zacks Investment Research

Should You Buy AutoZone (AZO) After Its Recent Buyback Boost?

As AutoZone (AZO) approves an additional $1.5 billion for share repurchases, we assess the current positioning of the stock to determine if it's a good investment at this juncture.

Should You Buy AutoZone (AZO) After Its Recent Buyback Boost?

See News Rankings