AutoZone FY2026 EPS Forecast Increased by Zacks Research

AutoZone, Inc. (NYSE:AZO) – Equities researchers at Zacks Research lifted their FY2026 earnings per share (EPS) estimates for shares of AutoZone in a research report issued to clients and investors on Tuesday, March 17th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $149.47 for the year, up from their prior forecast of $146.77. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for AutoZone’s current full-year earnings is $152.94 per share. Zacks Research also issued estimates for AutoZone’s Q2 2027 earnings at $33.21 EPS, Q3 2027 earnings at $42.50 EPS, Q4 2027 earnings at $61.73 EPS, FY2027 earnings at $174.79 EPS and Q1 2028 earnings at $43.43 EPS.

Other analysts also recently issued reports about the stock. Citigroup boosted their target price on shares of AutoZone from $4,200.00 to $4,300.00 and gave the stock a “buy” rating in a research report on Wednesday, March 4th. Wells Fargo & Company reduced their price objective on shares of AutoZone from $4,700.00 to $4,500.00 and set an “overweight” rating for the company in a research note on Wednesday, December 10th. Roth Mkm decreased their price objective on shares of AutoZone from $4,650.00 to $4,526.00 and set a “buy” rating for the company in a report on Wednesday, March 4th. Wolfe Research downgraded shares of AutoZone from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, December 16th. Finally, Oppenheimer restated an “outperform” rating and set a $4,300.00 target price (up from $4,150.00) on shares of AutoZone in a report on Tuesday, March 10th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, AutoZone currently has an average rating of “Moderate Buy” and a consensus target price of $4,312.13.

AutoZone Stock Performance

Shares of AZO opened at $3,287.09 on Thursday. The firm has a market cap of $54.47 billion, a PE ratio of 23.03, a PEG ratio of 1.71 and a beta of 0.41. The firm’s 50 day moving average price is $3,656.84 and its 200 day moving average price is $3,776.69. AutoZone has a twelve month low of $3,210.72 and a twelve month high of $4,388.11.

AutoZone (NYSE:AZO) last announced its quarterly earnings results on Tuesday, March 3rd. The company reported $27.63 EPS for the quarter, beating the consensus estimate of $27.59 by $0.04. AutoZone had a negative return on equity of 72.31% and a net margin of 12.47%.The business had revenue of $4.27 billion during the quarter, compared to analysts’ expectations of $4.31 billion. During the same quarter in the previous year, the business posted $28.29 EPS. The firm’s quarterly revenue was up 8.2% compared to the same quarter last year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in AZO. Meadowbrook Advisors Group LLC bought a new position in AutoZone during the fourth quarter valued at about $2,991,000. Pure Financial Advisors LLC lifted its position in shares of AutoZone by 2.4% in the 4th quarter. Pure Financial Advisors LLC now owns 127 shares of the company’s stock worth $430,000 after acquiring an additional 3 shares during the period. Stenger Family Office LLC lifted its position in shares of AutoZone by 15.9% in the 4th quarter. Stenger Family Office LLC now owns 779 shares of the company’s stock worth $2,642,000 after acquiring an additional 107 shares during the period. S Harris Financial Group LLC acquired a new stake in shares of AutoZone during the 4th quarter worth approximately $298,000. Finally, Reflection Asset Management acquired a new stake in shares of AutoZone during the 4th quarter worth approximately $68,000. Institutional investors and hedge funds own 92.74% of the company’s stock.

Insiders Place Their Bets

In other AutoZone news, Director Michael A. George acquired 145 shares of AutoZone stock in a transaction dated Monday, December 22nd. The stock was bought at an average cost of $3,398.13 per share, with a total value of $492,728.85. Following the completion of the transaction, the director owned 566 shares of the company’s stock, valued at $1,923,341.58. The trade was a 34.44% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Richard Craig Smith sold 5,910 shares of the business’s stock in a transaction on Friday, January 23rd. The stock was sold at an average price of $3,700.00, for a total transaction of $21,867,000.00. Following the transaction, the vice president directly owned 2,627 shares in the company, valued at $9,719,900. This trade represents a 69.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 9,447 shares of company stock valued at $34,179,923 over the last ninety days. 2.60% of the stock is owned by insiders.

AutoZone Company Profile

AutoZone, Inc (NYSE: AZO) is a retailer and distributor of automotive replacement parts and accessories. Headquartered in Memphis, Tennessee, the company supplies a wide range of aftermarket components, maintenance items and accessories for passenger cars, light trucks and commercial vehicles. Its product assortment includes engine parts, electrical components, batteries, brakes, filters, fluids and interior and exterior accessories, supported by inventory management and logistics systems to serve retail customers and professional service providers.

AutoZone serves both do‑it‑yourself (DIY) consumers and commercial customers such as independent repair shops and service centers.