AutoZone Stock Analysis

AZO Stock  USD 2,415  57.46  2.44%   
The small slide in market price for the last few months could raise concerns from institutional investors as the firm is trading at a share price of 2415.27 on 193,757 in volume. The company directors and management did not add much value to AutoZone investors in December. However, diversifying your holdings with AutoZone or similar stocks can still protect your portfolio during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 1.27. The below-average Stock volatility is a good sign for longer-term investment options and for buy-and-hold investors.
Please continue to Trending Equities.
  
The AutoZone stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. AutoZone is usually not traded on Labour Day, Thanksgiving Day, Christmas Day, Christmas Day ( substitute day ), New Year 's Monday, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day. AutoZone Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and AutoZone's ongoing operational relationships across important fundamental and technical indicators.

AutoZone Stock Analysis Notes

About 97.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 1.37. AutoZone recorded earning per share (EPS) of 119.78. The entity last dividend was issued on the 29th of October 2010. The firm had 2:1 split on the 21st of April 1994. AutoZone, Inc. retails and distributes automotive replacement parts and accessories. The company was founded in 1979 and is based in Memphis, Tennessee. Autozone operates under Specialty Retail classification in the United States and is traded on New York Stock Exchange. It employs 69440 people. For more info on AutoZone please contact William Rhodes at 901 495 6500 or go to https://www.autozone.com.

AutoZone Upcoming and Recent Events

Earnings reports are used by AutoZone to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to AutoZone previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report1st of March 2022
Next Financial Report24th of May 2022
Next Fiscal Quarter End28th of February 2022
Next Fiscal Year End20th of September 2022
Last Quarter Report30th of November 2021
Last Financial Announcement28th of February 2021

AutoZone SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. AutoZone prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that AutoZone investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial AutoZone specific information freely available to individual and institutional investors to make a timely investment decision.
2nd of September 2022
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
1st of August 2022
Financial Statements and Exhibits. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Entry into a Material Definitive Agreement
View
20th of July 2022
Financial Statements and Exhibits. Entry into a Material Definitive Agreement
View
24th of May 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View

AutoZone Thematic Classifications

In addition to having AutoZone stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Stores
All types of stores and shopping markets

AutoZone Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as AutoZone is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading AutoZone backward and forwards among themselves. AutoZone's institutional investor refers to the entity that pools money to purchase AutoZone's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Zwj Investment Counsel IncCommon Shares495419 K
Zwj Investment Counsel IncCommon Shares439523 K
Zurich Insurance Group LtdCommon Shares4.5 K4.9 M
Zurich Insurance Group LtdCommon Shares8.7 K9.6 M
Zurich Insurance Group LtdCommon Shares8.4 K8.6 M
Zurich Insurance Group LtdCommon Shares6.8 K4.8 M
Zurich Insurance Group LtdCommon Shares3.6 K2.1 M
Note, although AutoZone's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

AutoZone Market Capitalization

The company currently falls under 'Large-Cap' category with a total capitalization of 44.25 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate AutoZone's market, we take the total number of its shares issued and multiply it by AutoZone's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

AutoZone Profitablity

AutoZone's profitability indicators refer to fundamental financial ratios that showcase AutoZone's ability to generate income relative to its revenue or operating costs. If, let's say, AutoZone is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, AutoZone's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of AutoZone's profitability requires more research than a typical breakdown of AutoZone's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.15 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.2 %, which entails that for every 100 dollars of revenue, it generated 0.0 of operating income.
Last ReportedProjected for 2023
Return on Investment 62.54  61.71 
Return on Average Assets 16.81  15.16 
Return on Invested Capital 0.22  0.22 
Return on Sales 0.17  0.17 

Management Efficiency

The entity has Return on Asset of 0.136 % which means that on every $100 spent on asset, it made $0.136 of profit. This is way below average. AutoZone management efficiency ratios could be used to measure how well autozone manages its routine affairs as well as how well it operates its assets and liabilities. The value of Return on Investment is estimated to slide to 61.71. The value of Return on Average Assets is estimated to slide to 15.16. AutoZone Average Assets are quite stable at the moment as compared to the past year. The company's current value of Average Assets is estimated at 11.22 Billion. Tangible Asset Value is expected to rise to about 11.1 B this year, although the value of Total Assets will most likely fall to about 9.1 B.
Last ReportedProjected for 2023
Book Value per Share(61.78) (66.66) 
Enterprise Value over EBIT 16.10  15.83 
Enterprise Value over EBITDA 14.23  13.83 
Price to Book Value(14.19) (15.31) 
Tangible Assets Book Value per Share 441.89  425.91 
Enterprise Value36.8 B34.7 B
Tangible Asset Value11 B11.1 B
Long Term Debt Total
6.1 B
Non Current Liabilities Total
10.2 B
Short Long Term Debt Total
9.3 B
Interest Expense
197.7 M
Total Operating Expenses
5.2 B

Technical Drivers

As of the 26th of January, AutoZone shows the Risk Adjusted Performance of 0.0666, mean deviation of 1.09, and Downside Deviation of 1.29. AutoZone technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for AutoZone, which can be compared to its rivals. Please confirm AutoZone variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if AutoZone is priced correctly, providing market reflects its regular price of 2415.27 per share. Given that AutoZone has jensen alpha of (0.001914), we suggest you to validate AutoZone's prevailing market performance to make sure the company can sustain itself at a future point.

AutoZone Price Movement Analysis

Study
Start Value
Offset on Reverse
AF Init Long
AF Long
AF Max Long
AF Init Short
AF Short
AF Max Short
Execute Study
The output start index for this execution was one with a total number of output elements of sixty. The Extended Parabolic SAR indicator is used to determine the direction of AutoZone's momentum and the point in time when it has higher than normal probability of directional change. It has more input parameters than standard Parabolic SAR indicator.
.

AutoZone Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific AutoZone insiders, such as employees or executives, is commonly permitted as long as it does not rely on AutoZone's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases AutoZone insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

AutoZone Outstanding Bonds

AutoZone issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. AutoZone uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most AutoZone bonds can be classified according to their maturity, which is the date when AutoZone has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

AutoZone Technical and Predictive Indicators

AutoZone Forecast Models

AutoZone time-series forecasting models is one of many AutoZone's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary AutoZone's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About AutoZone Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how AutoZone prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling AutoZone shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as AutoZone. By using and applying AutoZone Stock analysis, traders can create a robust methodology for identifying AutoZone entry and exit points for their positions.
Last ReportedProjected for 2023
Operating Margin 18.68  17.80 
EBITDA Margin 21.87  20.67 
Gross Margin 53.65  50.26 
Profit Margin 13.63  12.28 

Current AutoZone Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. AutoZone analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. AutoZone analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
2123.15Buy13Odds
AutoZone current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most AutoZone analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand AutoZone stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of AutoZone, talking to its executives and customers, or listening to AutoZone conference calls.
AutoZone Analyst Advice Details

AutoZone Stock Analysis Indicators

AutoZone stock analysis indicators help investors evaluate how AutoZone stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading AutoZone shares will generate the highest return on investment. By understating and applying AutoZone stock analysis, traders can identify AutoZone position entry and exit signals to maximize returns.
Begin Period Cash Flow1.2 B
Total Stockholder Equity-3.5 B
Capital Lease Obligations2.8 B
Property Plant And Equipment Net8.1 B
Retained Earnings-1.3 B
Cash And Short Term Investments264.4 M
Retained Earnings Total Equity-1.3 B
Cash264.4 M
50 Day M A2440.7126
Net Interest Income-191.6 M
Total Current Liabilities8.6 B
Forward Price Earnings18.8324
Common Stock Total Equity207 K
Common Stock Shares Outstanding20.7 M
Total Cashflows From Investing Activities-648.1 M
Tax Provision649.5 M
Quarterly Earnings Growth Y O Y0.069
Accounts Payable7.3 B
Net DebtB
Other Operating Expenses13 B
Non Current Assets Total8.6 B
Liabilities And Stockholders Equity15.3 B
Non Currrent Assets Other203.1 M
Please continue to Trending Equities. 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for AutoZone Stock analysis

When running AutoZone 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 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.
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
CEO Directory
Screen CEOs from public companies around the world
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
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
0.069
Market Capitalization
44.2 B
Quarterly Revenue Growth
0.086
Return On Assets
0.136
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 AutoZone value 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.