AutoZone Story

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AZO -- USA Stock  

USD 1,240  8.06  0.65%

While many traders are getting carried away by overanalyzing consumer cyclical space, it is reasonable to outline AutoZone. We will evaluate why recent AutoZone price moves suggest a bounce in January. Here I will also expose some primary fundamental factors affecting AutoZone's services, and outline how it will impact the outlook for investors this year.
Published over a month ago
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What are the odds of AutoZone to slide in January?
AutoZone reported the last year's revenue of 12.63 B. Total Income to common stockholders was 1.73 B with profit before taxes, overhead, and interest of 6.77 B. The company has Net Profit Margin of 13.72 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is very large. In the same way, it shows Net Operating Margin of 19.8 %, which entails that for every 100 dollars of revenue, it generated 0.2 of operating income.

How important is AutoZone's Liquidity

AutoZone financial leverage refers to using borrowed capital as a funding source to finance AutoZone ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. AutoZone financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between AutoZone's total debt and its cash.

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

What did AutoZone file with SEC?

The SEC filings are financial statements or other formal documents of AutoZone that are regularly submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make SEC filings and fintech professionals rely on these filings for information about companies they are evaluating for investment purposes. Please note, most SEC filings are available online through the SEC's EDGAR database. Please check here for more information.
Please note, although all public domestic companies are required to submit their filings via EDGAR, not all public companies are available through our service. Also, keep in mind that the actual annual reports to AutoZone shareholders may or may not be submitted as SEC does not always require it.
Financial Statements and Exhibits. Submission of Matters to a Vote of Security Holders. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
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Other Events
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Please note, although all public domestic companies are required to submit their filings via EDGAR, not all public companies are available through our service. Also, keep in mind that the actual annual reports to AutoZone shareholders may or may not be submitted as SEC does not always require it.

Sale by Mitchell Major of tradable shares of AutoZone

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 sale of common stock by Mitchell Major, Sr. Vice President, on 18th of January 2021. This event was filed by Autozone Inc with SEC on 2021-01-11. Statement of changes in beneficial ownership - SEC Form 4. Mitchell Major currently serves as senior vice president ? supply chain, customer satisfaction of AutoZone [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

AutoZone retains a total of 23.38 Million 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. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Breakdown

Retail Investors
6.02%
Institutions
93.63%
Retail Investors6.02
Insiders0.35
Institutions93.63

Some AutoZone technical indicators suggest turnaround

The potential upside is down to 2.01 as of today. AutoZone exhibits very low volatility with skewness of -0.26 and kurtosis of 0.02. However, we advise investors to further study AutoZone technical indicators to make sure all market info is available and is reliable.

Whereas many other companies 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. With an optimistic outlook on your 30 days horizon, it may be a good time to buy new shares of AutoZone or increase your existing holdings in the Stock as it seems the potential growth has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to AutoZone.

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 Achuva Shats do not own shares of AutoZone. Please refer to our Terms of Use for any information regarding our disclosure principles.

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