AutoZone (AZO)

• Market cap: $62.9B
• 1 day: 1.56%
• 5 days: 3.75%
• 1 month: -1.32%
• 3 months: 12.28%
• 6 months: 24.67%
• Year to date: 15.77%
• 1 year: 27.27%
• 5 years: 268.77%
• 10 years: 459.36%
• Sector: Consumer Discretionary
• Industry: Auto Parts

About: AutoZone operates as a leading retailer of aftermarket automotive parts in the United States. The firm operates more than 6,400 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 occasionally, installation. The company also operates internationally, with 800 stores in Mexico and more than 100 in Brazil.

Employees: 126,000

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

93% more first-time investments, than exits

New positions opened: 133 | Existing positions closed: 69

8% more capital invested

Capital invested by funds: $48.5B [Q3] → $52.5B (+$3.97B) [Q4]

8% more funds holding in top 10

Funds holding in top 10: 37 [Q3] → 40 (+3) [Q4]

4% more funds holding

Funds holding: 1,143 [Q3] → 1,186 (+43) [Q4]

6% more repeat investments, than reductions

Existing positions increased: 415 | Existing positions reduced: 393

4.14% less ownership

Funds ownership: 96.15% [Q3] → 92.01% (-4.14%) [Q4]

25% less call options, than puts

Call options by funds: $912M | Put options by funds: $1.22B

Research analyst outlook

15 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $3,700 2% downside
• Avg. target: $3,840 2% upside
• High target: $4,192 11% upside

15 analyst ratings

• positive: 13 87%
• neutral: 2 13%
• negative: 0 0%

Goldman Sachs Kate McShane 64% 1-year accuracy 21 / 33 met price target	1% upside $3,811	Neutral Upgraded	1 Apr 2025
DA Davidson Michael Baker 36% 1-year accuracy 17 / 47 met price target	11% upside $4,192	Buy Upgraded	21 Mar 2025
Wells Fargo Zachary Fadem 44% 1-year accuracy 16 / 36 met price target	2% upside $3,850	Overweight Maintained	5 Mar 2025
UBS Michael Lasser 53% 1-year accuracy 21 / 40 met price target	7% upside $4,025	Buy Maintained	5 Mar 2025
B of A Securities Elizabeth Suzuki 54% 1-year accuracy 7 / 13 met price target	2% downside $3,700	Neutral Maintained	5 Mar 2025