Autozone Story

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AZO -- USA Stock  

USD 1,160  10.12  0.86%

AutoZone Operating Margin is quite stable at the moment as compared to the past year. The company's current value of Operating Margin is estimated at 22.11. Cash and Equivalents Turnover is expected to rise to 74.38 this year, although the value of Net Income Per Employee will most likely fall to about 13.8 K. If you are looking to grow your portfolio over time, you may want to outline all of the essential basic indicators of your selected equities before buying their shares. In this article, we will outline AutoZone. We will cover the possibilities of making AutoZone into a steady grower in October. We currently estimate AutoZone as fairly valued. The real value is approaching 1,218 per share.
Published over three months ago
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Will AutoZone (NYSE:AZO) basic indicators remain conflicting in October?
Macroaxis provides advice on AutoZone to complement and cross-verify current analyst consensus on AutoZone. Our investment recommendation engine determines the company's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. This firm dividends can provide a clue to the current value of the stock. AutoZone is not expected to issue dividends this year as it is trying to preserve or re-invest any of the funds available for distribution to stakeholders.
Typically, a company's financial statements are the reports that show the financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Autozone income statement, its balance sheet, and the statement of cash flows. Potential Autozone investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Autozone investors may use each financial statement separately, they are all related. The changes in Autozone's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Autozone's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
The goal of Autozone fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Autozone performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Autozone shares is the value that is considered the true value of the share. If the intrinsic value Autozone is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Autozone.
Please read more on our fundamental analysis page.

What is Autozone Asset Breakdown?

Autozone reports assets on its Balance Sheet. It represents the amount of Autozone resources that either has an existing economic value or will provide some form of benefits in the future. To get a better handle on how balance sheet or income statements item affect Autozone volatility, please check the breakdown of all its fundamentals

Are Autozone Earnings Expected to grow?

The future earnings power of Autozone involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of Autozone factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. Autozone stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of Autozone expected earnings.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
It is good to see analyst projects for Autozone, but it might be worth checking our own buy vs. sell analysis

Autozone Gross Profit

Autozone Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Autozone previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Autozone Gross Profit growth over the last 10 years.
Please check Gross Profit in more details.

Acquisition by Gould Eric S of 1650 shares of Autozone subject to Rule 16b-3

Legal trades by Autozone insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Autozone insider trading alert for grant of non-qualified stock option (right to buy) by Gould Eric S, Sr. Vice President, on 10th of February 2021. This event was filed by Autozone Inc with SEC on 2021-02-10. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Breaking down Autozone Indicators

There are few distinct groups of AutoZone stakehholders that the SEC considers insiders. Investors usually gain information through their work as corporate directors, officers, or employees. If these individuals share the information with a friend, family, or business partner and the person who receives the information exchanges stock in the company, he or shie is also an insider. Let's take a look at how the ownership of AutoZone is distributed among investors.

Ownership Allocation

AutoZone holds a total of twenty-three million three hundred sixty thousand outstanding shares. The majority of AutoZone outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in AutoZone to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in AutoZone. Please pay attention to any change in the institutional holdings of AutoZone as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Retail Investors3.08
 2012 2018 2019 2020 (projected)
Consolidated Income1.34 B1.62 B1.86 B1.63 B
Direct Expenses5.25 B5.5 B4.95 B4.56 B

Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. AutoZone has an asset utilization ratio of 140.35 percent. This suggests that the company is making $1.4 for each dollar of assets. An increasing asset utilization means that AutoZone is more efficient with each dollar of assets it utilizes for everyday operations.

Current Assets
5.2 B
Assets Non Current
5.2 B
Current Assets5.23 Billion48.04
Assets Non Current5.24 Billion48.13
Goodwill381.44 Million3.51
Tax Assets35.19 Million0.32

Can AutoZone correct the latest slide?

Latest Jensen Alpha is up to 0.09. Price may slide again. AutoZone has relatively low volatility with skewness of -0.01 and kurtosis of 0.73. However, we advise all investors to independently investigate AutoZone to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns.

Our Final Perspective on AutoZone

Whereas other entities in the specialty retail industry are either recovering or due for a correction, AutoZone may not be performing as strong as the other in terms of long-term growth potentials. The bottom line, as of the 22nd of September 2020, we believe that at this point, AutoZone is very steady with below average odds of financial turmoil within the next 2 years. From a slightly different point of view, the entity appears to be fairly valued. Our latest 30 days Buy-Hold-Sell recommendation on the company is Cautious Hold.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Autozone. Please refer to our Terms of Use for any information regarding our disclosure principles.

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