Wedbush Issues Pessimistic Estimate for AutoZone Earnings

AutoZone, Inc. (NYSE:AZO) – Equities research analysts at Wedbush reduced their Q3 2025 earnings per share (EPS) estimates for shares of AutoZone in a report issued on Wednesday, March 5th. Wedbush analyst S. Basham now forecasts that the company will post earnings per share of $38.13 for the quarter, down from their prior forecast 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.

AutoZone (NYSE:AZO) last posted its quarterly earnings data on Tuesday, March 4th. The company reported $28.29 earnings per share for the quarter, missing analysts’ consensus estimates of $29.11 by ($0.82). AutoZone had a net margin of 14.18% and a negative return on equity of 53.89%. The company had revenue of $3.95 billion for the quarter, compared to the consensus estimate of $3.98 billion.

A number of other research firms have also commented on AZO. Evercore ISI lifted their target price on AutoZone from $3,525.00 to $3,700.00 and gave the stock an “outperform” rating in a report on Wednesday. TD Cowen lifted their target price on AutoZone from $3,450.00 to $3,800.00 and gave the stock a “buy” rating in a report on Monday, December 16th. 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. Raymond James lifted their target price on AutoZone from $3,850.00 to $4,000.00 and gave the stock a “strong-buy” rating in a report on Wednesday. Finally, DA Davidson lifted their target price on AutoZone from $3,350.00 to $3,500.00 and gave the stock a “neutral” rating in a report on Wednesday. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, fifteen have issued a buy rating and four have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $3,646.62.

AutoZone Trading Up 2.8 %

AutoZone stock opened at $3,569.49 on Thursday. The firm has a market cap of $59.90 billion, a price-to-earnings ratio of 23.85, a PEG ratio of 1.86 and a beta of 0.71. The stock has a fifty day simple moving average of $3,351.07 and a two-hundred day simple moving average of $3,223.79. AutoZone has a 12 month low of $2,728.97 and a 12 month high of $3,570.50.

Hedge Funds Weigh In On AutoZone

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Geode Capital Management LLC boosted its stake in AutoZone by 1.8% during the third quarter. Geode Capital Management LLC now owns 421,716 shares of the company’s stock valued at $1,326,545,000 after buying an additional 7,365 shares during the last quarter. Proficio Capital Partners LLC boosted its stake in AutoZone by 482,040.2% during the fourth quarter. Proficio Capital Partners LLC now owns 419,462 shares of the company’s stock valued at $1,343,117,000 after buying an additional 419,375 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in AutoZone by 5.7% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 324,616 shares of the company’s stock valued at $1,039,421,000 after buying an additional 17,518 shares during the last quarter. Norges Bank bought a new position in AutoZone during the fourth quarter valued at approximately $834,556,000. Finally, PineStone Asset Management Inc. boosted its stake in AutoZone by 6.9% during the fourth quarter. PineStone Asset Management Inc. now owns 213,575 shares of the company’s stock valued at $683,867,000 after buying an additional 13,771 shares during the last quarter. 92.74% of the stock is owned by institutional investors.

About AutoZone

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.