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

Analyst price target for AZO

Based on 14 analysts offering 12 month price targets for Autozone Inc.
Min Forecast
$1,325.00-29.52%
Avg Forecast
$1,718.36-8.6%
Max Forecast
$2,050.00+9.04%

Should I buy or sell AZO stock?

Based on 15 analysts offering ratings for Autozone Inc.
Buy
Strong Buy
5 analysts 33.33%
Buy
4 analysts 26.67%
Hold
5 analysts 33.33%
Sell
1 analysts 6.67%
Strong Sell
0 analysts 0%

AZO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Wells Fargo
Top 1%
100
Strong BuyMaintains$2,050.00+9.04%2021-11-30
Raymond James
Top 5%
96
BuyMaintains$1,950.00+3.72%2021-11-10
Wedbush
Top 12%
89
BuyMaintains$1,820.00-3.19%2021-09-22
Morgan Stanley
Bottom 1%
1
HoldMaintains$1,710.00-9.04%2021-09-22
Citigroup
Top 16%
85
Strong BuyMaintains$1,950.00+3.72%2021-09-22
Credit Suisse
Top 30%
71
BuyMaintains$1,785.00-5.05%2021-09-22
Oppenheimer
Top 4%
97
BuyMaintains$1,850.00-1.60%2021-09-22
Stephens & Co.
Top 10%
91
Strong BuyMaintains$1,850.00-1.60%2021-09-22
DA Davidson
Top 3%
98
HoldDowngrades$1,600.00-14.89%2021-09-13
Argus Research
Top 15%
86
HoldDowngradesN/AN/A2021-06-07

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Forecast return on equity

Is AZO forecast to generate an efficient return?
Company
-118.55%
Industry
6.75%
Market
37.06%
AZO's Return on Equity is forecast to be low in 3 years (-118.55%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is AZO forecast to generate an efficient return on assets?
Company
14.68%
Industry
9.99%
AZO is forecast to generate higher Return on Assets (14.68%) than the US Specialty Retail industry average (9.99%)
Forecast

AZO earnings per share forecast

What is AZO's earnings per share in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$94.22-3.46%
Avg 2 year Forecast
$106.85+9.48%
Avg 3 year Forecast
$101.63+4.13%
AZO's earnings are forecast to grow at a rate of 6.97% per year, which is not exceptional
Forecast

AZO revenue forecast

What is AZO's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$14.8B+1.44%
Avg 2 year Forecast
$15.6B+6.46%
Avg 3 year Forecast
$16.2B+10.67%
AZO's revenue is forecast to grow at a rate of 3.52% per year, which is not exceptional
Forecast

AZO earnings growth forecast

How is AZO forecast to perform vs Specialty Retail companies and vs the US market?
Company
6.97%
Industry
1.54%
Market
14.37%
AZO's earnings are forecast to grow faster (6.97% per year) than the US Specialty Retail industry average (1.54%)
Forecast
AZO's earnings are forecast to grow slower (6.97% per year) than the US market average (14.37%)
Forecast
AZO's earnings are forecast to grow faster (6.97% per year) than the risk-free savings rate (1.4%)
Forecast

AZO revenue growth forecast

How is AZO forecast to perform vs Specialty Retail companies and vs the US market?
Company
3.52%
Industry
3.8%
Market
10.03%
AZO's revenues are forecast to grow slower (3.52% per year) than the US Specialty Retail industry average (3.8%)
Forecast
AZO's revenues are forecast to grow slower (3.52% per year) than the US market average (10.03%)
Forecast

Autozone Stock Forecast FAQ

Is Autozone Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 15 Wall Street analysts covering (NYSE: AZO) stock is to Buy AZO stock.

Out of 15 analysts, 5 (33.33%) are recommending AZO as a Strong Buy, 4 (26.67%) are recommending AZO as a Buy, 5 (33.33%) are recommending AZO as a Hold, 1 (6.67%) are recommending AZO as a Sell, and 0 (0%) are recommending AZO as a Strong Sell.

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

(NYSE: AZO) Autozone's forecast annual earnings growth rate of 6.97% is forecast to beat the US Specialty Retail industry's average forecast earnings growth rate of 1.54%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 14.37%.

Autozone's earnings in 2021 is $2,170,314,000.On average, 10 Wall Street analysts forecast AZO's earnings for 2022 to be $1,975,601,380, with the lowest AZO earnings forecast at $1,721,679,360, and the highest AZO earnings forecast at $2,117,764,162. On average, 8 Wall Street analysts forecast AZO's earnings for 2023 to be $2,240,426,740, with the lowest AZO earnings forecast at $1,916,891,086, and the highest AZO earnings forecast at $2,413,412,426.

In 2024, AZO is forecast to generate $2,130,973,978 in earnings, with the lowest earnings forecast at $2,130,973,978 and the highest earnings forecast at $2,130,973,978.

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 3.8%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.03%.

Autozone's revenue in 2021 is $14,629,585,000.On average, 7 Wall Street analysts forecast AZO's revenue for 2022 to be $311,180,533,667, with the lowest AZO revenue forecast at $299,944,599,614, and the highest AZO revenue forecast at $318,754,958,324. On average, 7 Wall Street analysts forecast AZO's revenue for 2023 to be $326,579,404,960, with the lowest AZO revenue forecast at $314,141,167,966, and the highest AZO revenue forecast at $340,475,670,160.

In 2024, AZO is forecast to generate $339,482,271,024 in revenue, with the lowest revenue forecast at $328,778,692,558 and the highest revenue forecast at $348,607,045,823.

What is AZO's forecast return on assets (ROA) for 2022-2024?

(NYSE: AZO) forecast ROA is 14.68%, which is higher than the forecast US Specialty Retail industry average of 9.99%.

What is AZO's Price Target?

According to 14 Wall Street analysts that have issued a 1 year AZO price target, the average AZO price target is $1,718.36, with the highest AZO stock price forecast at $2,050.00 and the lowest AZO stock price forecast at $1,325.00.

On average, Wall Street analysts predict that Autozone's share price could stay at $1,718.36 by Nov 30, 2022. The average Autozone stock price prediction forecasts a potential downside of N/A from the current AZO share price of $1,879.99.

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

(NYSE: AZO) Autozone's current Earnings Per Share (EPS) is $97.60. On average, analysts forecast that AZO's EPS will be $94.22 for 2022, with the lowest EPS forecast at $82.11, and the highest EPS forecast at $101.00. On average, analysts forecast that AZO's EPS will be $106.85 for 2023, with the lowest EPS forecast at $91.42, and the highest EPS forecast at $115.10. In 2024, AZO's EPS is forecast to hit $101.63 (min: $101.63, max: $101.63).

What is AZO's forecast return on equity (ROE) for 2022-2024?

(NYSE: AZO) forecast ROE is -118.55%, which is considered weak.
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