AZO Stock Summary and Trading Ideas (Autozone | NYSE:AZO)

AutoZone operates as a leading retailer of aftermarket automotive parts in the United States. The firm operates more than 6,400 stores domestically, serving both the do-it-yourself and commercial (do-it-for-me) end markets. Through its vast store footprint and distribution network, AutoZone manages a wide array of stock-keeping units applicable to numerous vehicle makes and models, providing its consumers with ample product availability. The firm drives traffic by providing superior and convenient customer service as AutoZone's team of knowledgeable staff assists consumers with diagnosing a vehicle's problem, selecting the necessary part for replacement, and in some instances, installation. The company also operates internationally, with 800 stores in Mexico and more than 100 in Brazil.

Autozone trades on the NYSE stock market under the symbol AZO.

As of January 14, 2025, AZO stock price declined to $3,227.80 with 80,284 million shares trading.

AZO has a beta of 0.45, meaning it tends to be less sensitive to market movements. AZO has a correlation of 0.06 to the broad based SPY ETF.

AZO has a market cap of $54.17 billion. This is considered a Large Cap stock.

Last quarter Autozone reported $4 billion in Revenue and $32.52 earnings per share. This fell short of revenue expectation by $-32 million and missed earnings estimates by -$1.12.

In the last 3 years, AZO traded as high as $3,416.71 and as low as $1,703.32.

The top ETF exchange traded funds that AZO belongs to (by Net Assets): VTI, VOO, SPY, IVV, VUG.

AZO has outperformed the market in the last year with a price return of +25.6% while the SPY ETF gained +23.6%. AZO has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +3.1% and +1.3%, respectively, while the SPY returned +0.8% and -1.0%, respectively.

AZO support price is $3,201.10 and resistance is $3,278.14 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AZO shares will trade within this expected range on the day.