Equities Analysts Issue Forecasts for AutoZone Q3 Earnings

AutoZone, Inc. (NYSE:AZO) – Investment analysts at Wedbush lowered their Q3 2025 earnings per share (EPS) estimates for AutoZone in a note issued to investors on Wednesday, March 5th. Wedbush analyst S. Basham now expects that the company will post earnings per share of $38.13 for the quarter, down from their prior estimate of $39.25. Wedbush currently has a “Outperform” rating and a $3,700.00 target price on the stock. The consensus estimate for AutoZone’s current full-year earnings is $152.94 per share. Wedbush also issued estimates for AutoZone’s Q4 2025 earnings at $49.95 EPS.

Other equities research analysts also recently issued reports about the company. Morgan Stanley lifted their target price on AutoZone from $3,490.00 to $3,750.00 and gave the stock an “overweight” rating in a report on Wednesday. BMO Capital Markets lifted their target price on AutoZone from $3,700.00 to $3,850.00 and gave the stock an “outperform” rating in a report on Wednesday. Truist Financial lifted their target price on AutoZone from $3,753.00 to $3,841.00 and gave the stock a “buy” rating in a report on Wednesday. JPMorgan Chase & Co. lifted their target price on AutoZone from $3,775.00 to $3,830.00 and gave the stock an “overweight” rating in a report on Wednesday. Finally, Argus downgraded AutoZone from a “buy” rating to a “hold” rating in a report on Wednesday. One analyst has rated the stock with a sell rating, five have given a hold rating, fifteen have issued a buy rating and four have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $3,646.62.

AutoZone Price Performance

AutoZone stock opened at $3,569.49 on Thursday. The stock’s 50 day moving average is $3,351.07 and its 200 day moving average is $3,223.79. The firm has a market cap of $59.90 billion, a P/E ratio of 23.85, a P/E/G ratio of 1.86 and a beta of 0.71. AutoZone has a one year low of $2,728.97 and a one year high of $3,570.50.

AutoZone (NYSE:AZO) last posted its quarterly earnings data on Tuesday, March 4th. The company reported $28.29 EPS for the quarter, missing analysts’ consensus estimates of $29.11 by ($0.82). The company had revenue of $3.95 billion during 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 Inflows and Outflows

A number of institutional investors have recently made changes to their positions in AZO. Headlands Technologies LLC bought a new position in shares of AutoZone during the 4th quarter valued at about $29,000. Flagship Wealth Advisors LLC purchased a new stake in AutoZone during the 4th quarter valued at about $32,000. Harbour Investments Inc. boosted its holdings in AutoZone by 42.9% during the 4th quarter. Harbour Investments Inc. now owns 10 shares of the company’s stock valued at $32,000 after acquiring an additional 3 shares during the period. Capital Performance Advisors LLP purchased a new stake in AutoZone during the 3rd quarter valued at about $36,000. Finally, Minot DeBlois Advisors LLC purchased a new stake in AutoZone during the 4th quarter valued at about $45,000. Hedge funds and other institutional investors own 92.74% 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.