What is DA Davidson’s Forecast for AutoZone FY2026 Earnings?

AutoZone, Inc. (NYSE:AZO) – Equities researchers at DA Davidson increased their FY2026 earnings estimates for AutoZone in a note issued to investors on Thursday, March 6th. DA Davidson analyst M. Baker now anticipates that the company will post earnings per share of $174.80 for the year, up from their prior estimate of $174.48. DA Davidson has a “Neutral” rating and a $3,500.00 price objective on the stock. The consensus estimate for AutoZone’s current full-year earnings is $152.94 per share.

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 the consensus estimate of $29.11 by ($0.82). The firm had revenue of $3.95 billion during the quarter, compared to analyst estimates of $3.98 billion. AutoZone had a net margin of 14.18% and a negative return on equity of 53.89%.

Several other equities research analysts have also commented on AZO. Argus lowered AutoZone from a “buy” rating to a “hold” rating in a research note on Wednesday, March 5th. JPMorgan Chase & Co. upped their target price on AutoZone from $3,775.00 to $3,830.00 and gave the company an “overweight” rating in a report on Wednesday, March 5th. Wedbush reaffirmed an “outperform” rating and set a $3,700.00 price target on shares of AutoZone in a research note on Wednesday, March 5th. Morgan Stanley increased their price objective on shares of AutoZone from $3,490.00 to $3,750.00 and gave the company an “overweight” rating in a research note on Wednesday, March 5th. Finally, BMO Capital Markets lifted their target price on shares of AutoZone from $3,700.00 to $3,850.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 5th. One 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, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $3,651.91.

AutoZone Stock Down 3.5 %

NYSE AZO opened at $3,561.95 on Monday. The stock has a market capitalization of $59.78 billion, a P/E ratio of 23.80, a P/E/G ratio of 1.86 and a beta of 0.71. AutoZone has a 52-week low of $2,728.97 and a 52-week high of $3,704.43. The firm has a 50-day moving average price of $3,383.15 and a 200 day moving average price of $3,236.73.

Insider Buying and Selling at AutoZone

In other AutoZone news, VP Dennis W. Leriche sold 1,575 shares of the firm’s stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of $3,600.00, for a total transaction of $5,670,000.00. Following the completion of the sale, the vice president now owns 417 shares in the company, valued at $1,501,200. This trade represents a 79.07 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Bailey L. Childress sold 160 shares of AutoZone stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $3,550.00, for a total value of $568,000.00. Following the sale, the senior vice president now owns 50 shares in the company, valued at $177,500. This represents a 76.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.10% of the stock is owned by corporate insiders.

Institutional Trading of AutoZone

Hedge funds have recently made changes to their positions in the stock. Pittenger & Anderson Inc. boosted its stake in AutoZone by 5.2% during the 4th quarter. Pittenger & Anderson Inc. now owns 61 shares of the company’s stock valued at $195,000 after acquiring an additional 3 shares during the last quarter. Sound View Wealth Advisors Group LLC lifted its position in shares of AutoZone by 2.0% during the fourth quarter. Sound View Wealth Advisors Group LLC now owns 152 shares of the company’s stock worth $487,000 after purchasing an additional 3 shares during the last quarter. PDS Planning Inc grew its stake in AutoZone by 2.3% in the fourth quarter. PDS Planning Inc now owns 132 shares of the company’s stock worth $423,000 after purchasing an additional 3 shares in the last quarter. Harbour Investments Inc. grew its stake in AutoZone by 42.9% in the fourth quarter. Harbour Investments Inc. now owns 10 shares of the company’s stock worth $32,000 after purchasing an additional 3 shares in the last quarter. Finally, Meeder Advisory Services Inc. increased its holdings in AutoZone by 0.8% in the fourth quarter. Meeder Advisory Services Inc. now owns 371 shares of the company’s stock valued at $1,188,000 after buying an additional 3 shares during the last quarter. Institutional investors and hedge funds 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.