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NYSE: AZO
Autozone Inc Stock Forecast, Predictions & Price Target

Buy AZO

Analyst price target for AZO

Based on 16 analysts offering 12 month price targets for Autozone Inc.
Min Forecast
$1,785.00-23.37%
Avg Forecast
$2,160.00-7.28%
Max Forecast
$2,420.00+3.88%

Should I buy or sell AZO stock?

Based on 17 analysts offering ratings for Autozone Inc.
Strong Buy
Strong Buy
10 analysts 58.82%
Buy
5 analysts 29.41%
Hold
2 analysts 11.76%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

AZO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Raymond James
Top 6%
95
BuyMaintains$2,350.00+0.88%2022-07-20
Goldman Sachs
Bottom 4%
4
Strong BuyUpgrades$2,296.00-1.44%2022-06-27
MKM Partners
Top 37%
64
Strong BuyInitiates Coverage On$2,350.00+0.88%2022-06-23
Morgan Stanley
Bottom 1%
1
Strong BuyUpgrades$2,420.00+3.88%2022-06-16
Stephens & Co.
Top 9%
92
Strong BuyMaintains$2,285.00-1.91%2022-05-26
Truist Securities
Top 4%
97
Strong BuyMaintains$2,174.00-6.68%2022-05-25
DA Davidson
Top 3%
98
HoldMaintains$1,920.00-17.58%2022-05-25
Citigroup
Top 24%
77
Strong BuyMaintains$2,250.00-3.41%2022-05-13
Argus Research
Bottom 24%
24
Strong BuyUpgrades$2,210.00-5.13%2022-03-29
JP Morgan
Top 11%
90
Strong BuyMaintains$2,200.00-5.56%2022-03-02

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Forecast return on equity

Is AZO forecast to generate an efficient return?
Company
-85.08%
Industry
20.05%
Market
27.69%
AZO's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is AZO forecast to generate an efficient return on assets?
Company
19.85%
Industry
16.32%
AZO is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

AZO earnings per share forecast

What is AZO's earnings per share in the next 3 years based on estimates from 11 analysts?
Avg 1 year Forecast
$115.12-0.54%
Avg 2 year Forecast
$123.32+6.55%
Avg 3 year Forecast
$137.83+19.09%
AZO's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

AZO revenue forecast

What is AZO's revenue in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$16.0B+1.41%
Avg 2 year Forecast
$16.7B+5.7%
Avg 3 year Forecast
$17.6B+11.16%
AZO's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

AZO earnings growth forecast

How is AZO forecast to perform vs Specialty Retail companies and vs the US market?
Company
5.61%
Industry
3.32%
Market
16.25%
AZO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
AZO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
AZO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

AZO revenue growth forecast

How is AZO forecast to perform vs Specialty Retail companies and vs the US market?
Company
3.52%
Industry
8.23%
Market
8.68%
AZO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
AZO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

AZO vs Retail Stocks

TickerPricePrice TargetUp/downsideConsensus
AZO$2,329.52$2,160.00-7.28%Strong Buy
ORLY$742.59$743.60+0.14%Strong Buy
TSCO$204.73$239.88+17.17%Strong Buy
GPC$159.15$138.67-12.87%Hold
ULTA$407.26$464.21+13.98%Buy

Autozone Stock Forecast FAQ

Is Autozone Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 17 Wall Street analysts covering (NYSE: AZO) stock is to Strong Buy AZO stock.

Out of 17 analysts, 10 (58.82%) are recommending AZO as a Strong Buy, 5 (29.41%) are recommending AZO as a Buy, 2 (11.76%) are recommending AZO as a Hold, 0 (0%) are recommending AZO as a Sell, and 0 (0%) are recommending AZO as a Strong Sell.

If you're new to stock investing, here's how to buy Autozone stock.

What is AZO's earnings growth forecast for 2022-2024?

(NYSE: AZO) Autozone's forecast annual earnings growth rate of 5.61% is forecast to beat the US Specialty Retail industry's average forecast earnings growth rate of 3.32%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.25%.

Autozone's earnings in 2022 is $2,405,332,000.On average, 11 Wall Street analysts forecast AZO's earnings for 2022 to be $2,243,412,397, with the lowest AZO earnings forecast at $2,218,663,146, and the highest AZO earnings forecast at $2,288,233,875. On average, 11 Wall Street analysts forecast AZO's earnings for 2023 to be $2,403,210,709, with the lowest AZO earnings forecast at $2,205,021,827, and the highest AZO earnings forecast at $2,533,387,870.

In 2024, AZO is forecast to generate $2,685,975,770 in earnings, with the lowest earnings forecast at $2,622,251,321 and the highest earnings forecast at $2,844,604,826.

What is AZO's revenue growth forecast for 2022-2024?

(NYSE: AZO) Autozone's forecast annual revenue growth rate of 3.52% is not forecast to beat the US Specialty Retail industry's average forecast revenue growth rate of 8.23%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.68%.

Autozone's revenue in 2022 is $15,817,360,000.On average, 8 Wall Street analysts forecast AZO's revenue for 2022 to be $312,588,785,562, with the lowest AZO revenue forecast at $311,764,557,562, and the highest AZO revenue forecast at $314,237,533,875. On average, 8 Wall Street analysts forecast AZO's revenue for 2023 to be $325,820,105,266, with the lowest AZO revenue forecast at $321,845,492,525, and the highest AZO revenue forecast at $337,321,179,518.

In 2024, AZO is forecast to generate $342,639,423,236 in revenue, with the lowest revenue forecast at $335,968,935,024 and the highest revenue forecast at $354,970,318,429.

What is AZO's forecast return on assets (ROA) for 2022-2025?

(NYSE: AZO) forecast ROA is 19.85%, which is higher than the forecast US Specialty Retail industry average of 16.32%.

What is AZO's Price Target?

According to 16 Wall Street analysts that have issued a 1 year AZO price target, the average AZO price target is $2,160.00, with the highest AZO stock price forecast at $2,420.00 and the lowest AZO stock price forecast at $1,785.00.

On average, Wall Street analysts predict that Autozone's share price could fall to $2,160.00 by Jul 20, 2023. The average Autozone stock price prediction forecasts a potential downside of 7.28% from the current AZO share price of $2,329.52.

What is AZO's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: AZO) Autozone's current Earnings Per Share (EPS) is $115.74. On average, analysts forecast that AZO's EPS will be $115.12 for 2022, with the lowest EPS forecast at $113.85, and the highest EPS forecast at $117.42. On average, analysts forecast that AZO's EPS will be $123.32 for 2023, with the lowest EPS forecast at $113.15, and the highest EPS forecast at $130.00. In 2024, AZO's EPS is forecast to hit $137.83 (min: $134.56, max: $145.97).

What is AZO's forecast return on equity (ROE) for 2022-2025?

(NYSE: AZO) forecast ROE is -85.08%, which is considered weak.
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