AutoZone (AZO) Misses Q4 EPS by $5.50, Misses on Revenue

Go back to AutoZone (AZO) Misses Q4 EPS by $5.50, Misses on Revenue

William Blair Reiterates Outperform Rating on AutoZone (AZO)

September 25, 2024 6:57 AM EDT

William Blair analyst Philip Blee reiterated an Outperform rating on AutoZone (NYSE: AZO).

The analyst comments "AutoZone shares are down 3% in premarket trading on the weaker-than-expected fourth-quarter results. We believe that investors are primarily concerned about the softening demand backdrop, where a lack of pricing power could remain a headwind in the first half of fiscal 2025 as the industry normalizes from elevated inflation during the 2021 and 2022 era.... More

DA Davidson Reiterates Neutral Rating on AutoZone (AZO)

September 25, 2024 5:57 AM EDT

DA Davidson analyst Michael Baker reiterated a Neutral rating and $3,025.00 price target on AutoZone (NYSE: AZO).

The analyst comments "AZOs stock has been resilient all year as the stock has missed consensus comps three times in calendar 2024, including today, yet... More

AutoZone (AZO) PT Raised to $3,125 at Morgan Stanley

September 25, 2024 5:52 AM EDT

Morgan Stanley analyst Simeon Gutman raised the price target on AutoZone (NYSE: AZO) to $3,125.00 (from $3,038.00) while maintaining a Overweight rating.

The analyst comments "We are Overweight rated and raise our PT to $3,125 (from $3,038). Risk/reward skews positive with ~34%/~24% upside/downside to our... More

AutoZone (AZO) PT Lowered to $3,500 at Citi

September 25, 2024 5:32 AM EDT

Citi analyst Steven Zaccone lowered the price target on AutoZone (NYSE: AZO) to $3,500.00 (from $3,787.00) while maintaining a Buy rating.

The analyst comments "AZO reported F4Q results that missed on both the top and bottom line. The auto parts retail backdrop is clearly... More

AutoZone (AZO) PT Raised to $3,300 at CFRA

September 24, 2024 9:13 AM EDT

CFRA analyst Garrett Nelson raised the price target on AutoZone (NYSE: AZO) to $3,300.00 (from $3,250.00) while maintaining a Buy rating.

The analyst comments "We raise our 12-month target by $50 to $3,300, based on a FY 26 (Aug.) P/E of 18.0x, a slight... More

AutoZone shares fall as Q4 earnings miss expectations

September 24, 2024 7:10 AM EDT

AutoZone (NYSE: AZO) reported fourth-quarter earnings that fell short of analyst estimates, sending shares down 2.7% in premarket trading.

The auto parts retailer posted adjusted earnings per share of $48.11 for the quarter ended August 31, missing the consensus estimate of $53.61. Revenue came in at $6.2 billion, slightly... More