Autozone Stock Performance
| AZO Stock | USD 2,986 12.37 0.42% |
AutoZone has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.25, which signifies not very significant fluctuations relative to the market. As returns on the market increase, AutoZone's returns are expected to increase less than the market. However, during the bear market, the loss of holding AutoZone is expected to be smaller as well. AutoZone right now shows a risk of 1.41%. Please confirm AutoZone value at risk, as well as the relationship between the skewness and day median price , to decide if AutoZone will be following its price patterns.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in AutoZone are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of very weak basic indicators, AutoZone may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
Actual Historical Performance (%)
One Day Return 1.19 | Five Day Return (0.72) | Year To Date Return 15.76 | Ten Year Return 472.42 | All Time Return 40.4 K |
Last Split Factor 2:1 | Last Split Date 1994-04-21 |
1 | Disposition of 714 shares by Lehman Lindsay of AutoZone at 2549.04 subject to Rule 16b-3 | 03/12/2024 |
2 | AutoZone shares upgraded with a 3,450 price target | 03/19/2024 |
3 | Disposition of 2100 shares by Eric Gould of AutoZone at 744.62 subject to Rule 16b-3 | 03/21/2024 |
4 | Disposition of 6750 shares by William Rhodes of AutoZone at 744.85 subject to Rule 16b-3 | 03/25/2024 |
5 | Innova RepairSolutions2 App Now Available in Spanish | 03/27/2024 |
6 | Lucas Oil Named Primary Sponsor of RCRs No. 8 Lucas Oil Chevrolet for Three Races in 2024 - Partnership Highlights On-Track Success, Longstanding Partnership | 04/02/2024 |
7 | AutoZone, Inc. Investors Are Less Pessimistic Than Expected | 04/05/2024 |
8 | New RELEX Study Reveals AIs Untapped Potential Retail and CPGs Yet to Fully Embrace Technology that Drives Demand Forecasting Accuracy | 04/08/2024 |
9 | Why AutoZone is a Top Value Stock for the Long-Term | 04/10/2024 |
10 | Im an Auto Mechanic Here Are the Costs of Delaying Your Cars Maintenance | 04/11/2024 |
11 | Disposition of 5450 shares by Domingo Hurtado of AutoZone at 2610.0 subject to Rule 16b-3 | 04/12/2024 |
12 | OXXO Internacional mejora sus operaciones de retail con las soluciones de pronstico y reabastecimiento de RELEX | 04/15/2024 |
13 | Green Circle Life Expands Availability of Healthy Weight for Life Program for the SmartFHR Platform | 04/16/2024 |
14 | Genuine Parts Company upbeat outlook, rally lifts auto parts sector | 04/18/2024 |
| Begin Period Cash Flow | 264.4 M | |
| Total Cashflows From Investing Activities | -876.2 M |
AutoZone |
AutoZone Relative Risk vs. Return Landscape
If you would invest 277,099 in AutoZone on January 20, 2024 and sell it today you would earn a total of 20,218 from holding AutoZone or generate 7.3% return on investment over 90 days. AutoZone is generating 0.1197% of daily returns assuming volatility of 1.4063% on return distribution over 90 days investment horizon. In other words, 12% of stocks are less volatile than AutoZone, and above 98% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
AutoZone Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for AutoZone's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as AutoZone, and traders can use it to determine the average amount a AutoZone's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0851
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| Cash | Small Risk | AZO | High Risk | Huge Risk |
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Estimated Market Risk
| 1.41 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average AutoZone is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of AutoZone by adding it to a well-diversified portfolio.
AutoZone Fundamentals Growth
AutoZone Stock prices reflect investors' perceptions of the future prospects and financial health of AutoZone, and AutoZone fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on AutoZone Stock performance.
| Return On Asset | 0.14 | ||||
| Profit Margin | 0.15 % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 62.02 B | ||||
| Shares Outstanding | 17.3 M | ||||
| Price To Earning | 21.95 X | ||||
| Price To Book | 13.38 X | ||||
| Price To Sales | 2.87 X | ||||
| Revenue | 17.46 B | ||||
| Gross Profit | 9.07 B | ||||
| EBITDA | 3.97 B | ||||
| Net Income | 2.53 B | ||||
| Cash And Equivalents | 277.05 M | ||||
| Cash Per Share | 16.55 X | ||||
| Total Debt | 10.93 B | ||||
| Debt To Equity | (5.81) % | ||||
| Current Ratio | 0.77 X | ||||
| Book Value Per Share | (279.42) X | ||||
| Cash Flow From Operations | 2.94 B | ||||
| Earnings Per Share | 141.73 X | ||||
| Market Capitalization | 50.36 B | ||||
| Total Asset | 15.99 B | ||||
| Retained Earnings | (2.96 B) | ||||
| Working Capital | (1.73 B) | ||||
| Current Asset | 4.24 B | ||||
| Current Liabilities | 4.69 B | ||||
About AutoZone Performance
To evaluate AutoZone Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when AutoZone generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare AutoZone Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand AutoZone market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents AutoZone's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 286.70 | 168.79 | |
| Return On Tangible Assets | 0.17 | 0.10 | |
| Return On Capital Employed | 0.51 | 0.33 | |
| Return On Assets | 0.16 | 0.10 | |
| Return On Equity | (0.94) | (0.90) |
Things to note about AutoZone performance evaluation
Checking the ongoing alerts about AutoZone for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for AutoZone help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company has 10.93 B in debt. AutoZone has a current ratio of 0.75, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist AutoZone until it has trouble settling it off, either with new capital or with free cash flow. So, AutoZone's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like AutoZone sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for AutoZone to invest in growth at high rates of return. When we think about AutoZone's use of debt, we should always consider it together with cash and equity. | |
| Over 96.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from seekingalpha.com: Genuine Parts Company upbeat outlook, rally lifts auto parts sector |
- Analyzing AutoZone's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether AutoZone's stock is overvalued or undervalued compared to its peers.
- Examining AutoZone's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating AutoZone's management team can have a significant impact on its success or failure. Reviewing the track record and experience of AutoZone's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of AutoZone's stock. These opinions can provide insight into AutoZone's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AutoZone. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. To learn how to invest in AutoZone Stock, please use our How to Invest in AutoZone guide.Note that the AutoZone information on this page should be used as a complementary analysis to other AutoZone's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for AutoZone Stock analysis
When running AutoZone's price analysis, check to measure AutoZone's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AutoZone is operating at the current time. Most of AutoZone's value examination focuses on studying past and present price action to predict the probability of AutoZone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AutoZone's price. Additionally, you may evaluate how the addition of AutoZone to your portfolios can decrease your overall portfolio volatility.
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Is AutoZone's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AutoZone. If investors know AutoZone will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AutoZone listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.172 | Earnings Share 141.73 | Revenue Per Share 999.527 | Quarterly Revenue Growth 0.046 | Return On Assets 0.1423 |
The market value of AutoZone is measured differently than its book value, which is the value of AutoZone that is recorded on the company's balance sheet. Investors also form their own opinion of AutoZone's value that differs from its market value or its book value, called intrinsic value, which is AutoZone's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AutoZone's market value can be influenced by many factors that don't directly affect AutoZone's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AutoZone's value and its price as these two are different measures arrived at by different means. Investors typically determine if AutoZone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AutoZone's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.