Understanding Autozone Stock Symbol AZO

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A night view of an auto repair shop with cars inside, seen through glass windows.
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The Autozone stock symbol AZO is a well-known ticker symbol on the New York Stock Exchange (NYSE). It's a great stock to keep an eye on for investors interested in the automotive industry.

Autozone is a leading retailer of automotive parts and accessories in the US. The company was founded in 1979 and has since grown to become one of the largest auto parts retailers in the country.

As a publicly traded company, Autozone's stock is widely held by individual and institutional investors. The AZO stock symbol is recognized globally and is a popular choice for investors looking to diversify their portfolios.

Autozone's stock performance is closely watched by investors and analysts, who track its earnings, revenue, and other key metrics to gauge the company's financial health.

Autozone Stock Overview

Autozone is a leading retailer of automotive replacement parts and accessories in the United States.

The company was founded in 1979 and is headquartered in Memphis, Tennessee.

Autozone operates over 6,000 stores across the United States and employs over 90,000 people.

NYSE: AZO (56.5B)

Car in an Auto Repair Shop
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The NYSE: AZO, also known as Autozone, has a market capitalization of 56.5 billion dollars.

Autozone is one of the largest retailers of automotive parts and accessories in the United States.

The company operates over 6,500 stores across the US, Puerto Rico, and Mexico.

Autozone has a strong presence in the US market, with a significant share of the automotive aftermarket industry.

The company's revenue has consistently grown over the years, driven by increasing demand for automotive parts and accessories.

Historical Quotes: Inc

Inc magazine once described Autozone's business model as "a masterclass in operational efficiency". The company's focus on logistics and supply chain management allowed it to stay ahead of the competition.

In 1995, Robert H. Brennan, the founder and former CEO of Autozone, was quoted as saying "We are not in the retail business, we are in the auto parts business". This statement highlights the company's focus on providing a wide selection of auto parts to its customers.

Credit: youtube.com, AutoZone Stock Overview Using Guru Focus

Autozone's commitment to customer satisfaction has been a key factor in its success. The company's customer satisfaction ratings have consistently been high, with a rating of 84% in 2020.

Robert H. Brennan also noted that "We've always said we're not going to be the cheapest, we're going to be the best". This philosophy has guided the company's approach to pricing and product selection.

Financial Performance

AutoZone's revenue in 2024 was $18.49 billion, a 5.92% increase from the previous year.

This significant growth is a testament to the company's strong financial performance. The revenue increase is a positive indicator for investors.

AutoZone's earnings in 2024 were $2.66 billion, a 5.30% jump from the previous year. This increase in earnings is a result of the company's solid bottom-line results.

Financial Performance

AutoZone's financial performance is impressive, with revenue reaching $18.49 billion in 2024, a 5.92% increase from the previous year.

This growth is largely due to the company's ability to adapt and expand its operations. The increase in revenue is a testament to AutoZone's strong market position and effective business strategies.

In 2024, AutoZone's earnings were $2.66 billion, a 5.30% increase from the previous year. This steady growth in earnings demonstrates the company's ability to maintain a healthy bottom line.

AutoZone's financial performance is also reflected in its stock performance, with an average rating of "Strong Buy" from 19 analysts.

Strong Dollar Temporarily Hits Ratings

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A strong dollar is creating temporary headwinds for some companies, including AutoZone.

AutoZone's share repurchase program is a strong support for its long-term investment appeal.

AutoZone's earnings have recently missed expectations due to currency headwinds.

AutoZone's balance sheet remains healthy with steady growth.

Despite the current challenges, AutoZone's steady growth supports its long-term investment appeal.

Market Analysis

AutoZone's stock has been trading at a premium valuation, but its strong Moneyball scores suggest it may still have room to run. AutoZone's financial strength is a major selling point.

AutoZone's stock price has been steadily increasing, with a 5-day view showing a rise in price. On February 18, the stock price closed at $3,384.43, and by February 20, it had reached $3,406.66.

Here's a breakdown of the 5-day view:

AutoZone's price action is also bullish, trading above its 30-week EMA and hitting new highs, indicating strong upward momentum.

Quotes 5-Day View

Let's take a closer look at the 5-day view of AutoZone, Inc. from the quotes section.

Detailed view of Suzuki car grille and logo captured at sunset, showcasing modern automotive design.
Credit: pexels.com, Detailed view of Suzuki car grille and logo captured at sunset, showcasing modern automotive design.

AutoZone's stock price has been steadily increasing, with a high of $3,451.00 on 2025-02-18 and a closing price of $3,401.00 on 2025-02-24.

The trading volume has been relatively consistent, ranging from 70,979 to 116,609 shares.

AutoZone's stock price has fluctuated over the past 5 days, with a 1.11% decrease on 2025-02-20 and a 0.95% increase on 2025-02-24.

Here's a summary of the 5-day view:

S&P

The S&P, short for Standard & Poor's, is a widely followed benchmark for the overall performance of the US stock market. Over the past 5 years, the S&P has seen a significant increase of +80.16%.

Breaking down the numbers, we can see that the S&P has had an average annual gain of +12.48% over the past 5 years. This is a respectable return, especially considering the volatility of the market.

In comparison to the AutoZone stock, the S&P has lagged behind in terms of growth. AutoZone has seen a 5-year gain of +215.44%, significantly outpacing the S&P's 5-year gain.

Here's a quick comparison of the S&P's performance over various time periods:

Earnings and Reports

Credit: youtube.com, AutoZone, Advance Auto Parts report earnings

AutoZone releases its earnings calls for specific periods, such as the one ending November 20, 2021, and another ending February 13, 2021.

The company reports its earnings and sales results, like in the fiscal first quarter of 2024, where net income was $564.9 million, down from $593.5 million a year prior.

AutoZone's net sales for its first quarter ended November 23, 2024, were $4.3 billion, an increase of 2.1% from the previous year.

The company releases its first quarter results before the opening bell on a specific day, such as Tuesday, December 10, 2024.

AutoZone's earnings calls provide valuable insights into the company's financial performance, giving investors and analysts a better understanding of its operations.

Investor Insights

AutoZone's price action is bullish, trading above its 30-week EMA and hitting new highs, indicating strong upward momentum.

The stock's momentum indicators show both short-term and long-term bullish trends, with the RSI and MACD indicators supporting this trend.

This suggests that AutoZone is a strong investment opportunity, breaking out to new highs and showing no signs of slowing down.

Company News

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AutoZone has seen impressive growth over the past two decades, with its stock price increasing by a staggering 4,000%. The company has more than 6,400 stores in the United States and over 1,200 locations in Mexico and Brazil.

AutoZone's management team has been able to run the company like clockwork, with a strong track record of financial performance. This is in contrast to Dollar General, which has structural issues that need to be addressed.

AutoZone's growth story is far from over, with many miles to go. The company's large store network and strong brand presence position it well for future growth.

Likely Long-Term Winner

AutoZone has shown strong historical performance through excellent capital allocation and aggressive share buybacks.

The company's ability to allocate capital effectively has been a key driver of its success, allowing it to invest in growth initiatives while also returning value to shareholders through share buybacks.

AutoZone is in a transition phase, which may impact revenue growth rates, but its long-term prospects remain strong.

This transition phase is a natural part of the company's evolution, and its strong historical performance suggests that it will continue to thrive in the long term.

Despite recent slower revenue growth rates, AutoZone's fundamentals remain solid, making it a likely long-term winner in the market.

Strategic Partnerships

Credit: youtube.com, STOCK TO BUY IN 2023? | AutoZone ($AZO) Stock Analysis

Autozone's strategic partnerships have been a key driver of its success. One notable partnership is with its suppliers, which has enabled the company to offer a wide range of products to its customers.

By partnering with over 3,000 suppliers, Autozone is able to offer a vast selection of auto parts and accessories to its customers. This has helped the company to stay competitive in the market.

Autozone's partnership with its suppliers has also helped the company to improve its supply chain efficiency. The company's suppliers are able to provide just-in-time delivery, which has reduced inventory costs and improved customer satisfaction.

The company's focus on partnerships has also helped it to expand its services to customers. Autozone has partnered with other companies to offer services such as oil changes and vehicle inspections.

This has helped the company to increase customer loyalty and retention, as customers can get a wide range of services under one roof.

Frequently Asked Questions

Is AutoZone a good stock to buy now?

AutoZone has a strong buy rating from 16 analysts, with an average price target of $3,590.42, making it a potentially attractive investment opportunity. However, it's essential to do your own research and consider multiple factors before making a buying decision.

Has AutoZone ever paid a dividend?

AutoZone has never paid a dividend to its shareholders. The company's focus has been on reinvesting profits to drive growth and expansion.

What is the symbol for AutoZone?

The stock symbol for AutoZone is AZO, listed on the New York Stock Exchange (NYSE). This symbol is used to identify AutoZone's publicly traded shares.

Who owns the most AutoZone stock?

Vanguard is the largest shareholder of AutoZone, holding a significant portion of the company's stock.

Does BlackRock own AutoZone?

Yes, BlackRock, Inc. owns a significant portion of AutoZone, Inc., specifically 7.4% of the company, as disclosed in a SEC filing. They hold 1,273,656 shares of AutoZone stock.

Abraham Lebsack

Lead Writer

Abraham Lebsack is a seasoned writer with a keen interest in finance and insurance. With a focus on educating readers, he has crafted informative articles on critical illness insurance, providing valuable insights and guidance for those navigating complex financial decisions. Abraham's expertise in the field of critical illness insurance has allowed him to develop comprehensive guides, breaking down intricate topics into accessible and actionable advice.

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