AutoZone (NYSE:AZO) Posts Earnings Results, Beats Estimates By $2.40 EPS

AutoZone (NYSE:AZO) released its quarterly earnings results on Tuesday. The company reported $56.05 earnings per share for the quarter, topping the consensus estimate of $53.65 by $2.40, Zacks reports. AutoZone had a negative return on equity of 80.35% and a net margin of 12.40%.

AutoZone Stock Performance

NYSE:AZO opened at $2,805.17 on Tuesday. The company has a market cap of $45.81 billion, a price-to-earnings ratio of 19.29, a PEG ratio of 1.43 and a beta of 0.34. AutoZone has a fifty-two week low of $2,796.85 and a fifty-two week high of $4,332.68. The stock has a fifty day moving average price of $2,989.44 and a 200-day moving average price of $3,210.78.

Analysts Set New Price Targets

AZO has been the topic of several recent research reports. UBS Group reiterated a “buy” rating on shares of AutoZone in a research report on Tuesday, September 15th. Truist Financial set a $3,700.00 price target on shares of AutoZone in a research note on Wednesday, May 27th. Robert W. Baird lowered their price target on shares of AutoZone from $3,900.00 to $3,600.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 27th. BMO Capital Markets dropped their price objective on shares of AutoZone from $4,300.00 to $4,000.00 and set an “outperform” rating for the company in a research note on Wednesday, May 27th. Finally, Oppenheimer cut their price objective on shares of AutoZone from $4,300.00 to $3,500.00 and set an “outperform” rating for the company in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $3,887.58.

AutoZone announced that its board has authorized a share repurchase plan on Tuesday, June 16th that authorizes the company to buyback $1.50 billion in shares. This buyback authorization authorizes the company to repurchase up to 3% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board believes its stock is undervalued.

Insider Activity at AutoZone

In related news, VP Dennis LeRiche sold 1,455 shares of the firm’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $3,100.00, for a total value of $4,510,500.00. Following the transaction, the vice president owned 441 shares in the company, valued at approximately $1,367,100. This trade represents a 76.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.60% of the company’s stock.

More AutoZone News

Here are the key news stories impacting AutoZone this week:

• Positive Sentiment: AutoZone reported fourth-quarter diluted EPS of $56.05, exceeding analyst expectations by $2.16 and rising from $48.71 a year earlier. Operating profit increased 10.1% to approximately $1.3 billion. AutoZone GAAP EPS and revenue report
• Positive Sentiment: Fiscal-year sales rose 7.4% to $20.3 billion, while full-year diluted EPS increased 5.3% to $152.55. AutoZone also repurchased 223,000 shares for $697.5 million during the quarter, supporting per-share value. AutoZone fiscal 2026 results
• Positive Sentiment: The company continued expanding its store base, opening 175 locations in the quarter and ending fiscal 2026 with 8,031 stores. International same-store sales were particularly strong, increasing 10.7%. AutoZone fourth-quarter sales release
• Neutral Sentiment: Oppenheimer maintained a Buy view, and AutoZone was added to the Tuttle Capital Heavy Assets Low Obsolescence ETF during its latest rebalance. These developments may provide incremental institutional support but are secondary to the earnings results.
• Negative Sentiment: Fourth-quarter revenue of approximately $6.59 billion missed consensus by $110 million. Total-company same-store sales increased only 1.5% on a reported basis, while domestic same-store sales rose 1.6%, suggesting limited near-term sales momentum. AutoZone earnings snapshot

AutoZone Company Profile

AutoZone, Inc is a retailer and distributor of automotive replacement parts, accessories, and maintenance products. The company serves do-it-yourself customers, professional service technicians, and commercial repair businesses through its stores, distribution network, and online platform.

Its product offerings include replacement parts such as batteries, brakes, engine components, and ignition products, along with tools, fluids, filters, and other automotive accessories. AutoZone also provides services such as parts lookup, diagnostic assistance, battery testing and charging, and loaner tools for eligible repairs.

Founded in 1979 and headquartered in Memphis, Tennessee, AutoZone operates primarily in the United States, with additional locations in Mexico and Brazil.