AutoZone Shares Soar to Record High Despite 24.87% Volume Slump Ranks 223rd in Trading Activity

On August 19, 2025, AutoZone (AZO) shares rose 2.20% to a record high of $4,100, despite a 24.87% decline in trading volume to $0.42 billion, ranking it 223rd in market activity. The stock’s performance reflects robust demand amid strategic initiatives and operational expansion.

Analysts highlighted AutoZone’s fiscal third-quarter results, including 5% domestic comparable sales growth driven by both DIY and DIFM segments. Despite margin pressures from one-time costs and long-term investments, firms like Mizuho, TD Cowen, and UBS raised price targets, citing the company’s resilience in tariff challenges and market share strategies. The board also appointed Constantino Spas Montesinos, a FEMSA executive, to enhance international expertise.

AutoZone’s valuation remains above its fair value estimate, supported by a 27.36% annual return and a “GOOD” financial health rating. Analyst price targets range from $2,900 to $4,850, underscoring confidence in its ability to optimize operations and expand its retail footprint.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day from 2022 to 2025 delivered a 1.98% average daily return, with a total annual return of 7.61%. However, the Sharpe ratio of 0.71 indicates modest risk-adjusted performance over the period.