AutoZone, Inc retails and distributes automotive replacement parts and accessories.
AutoZone is a large cap stock with a total market cap of 44.24B.
They trade on the NYSE and had their IPO 32 years and 2 months
AutoZone currently employs 69440 people.
News Relating to $AZO
Zacks Investment Research
AutoZone (AZO) Up 0.9% Since Last Earnings Report: Can It Continue?
Thursday Jun 22 2023 at 12:36
AutoZone (AZO) reported earnings 30 days ago. What’s next for the stock?
MarketBeat
AutoZone And Why It Will Soon Be A $3,000 Stock
Wednesday Jun 21 2023 at 09:19
Sometimes a dodgy earnings report can be a blessing in disguise. A revenue miss in last month’s fiscal Q3 report for AutoZone Inc NYSE: AZO sent their shares down more than 10%, upsetting a rally that’s effectively been underway since March 2021.
CNBC Television
Final Trades: Humana, Wabtec, AutoZone & more
Friday Jun 16 2023 at 14:27
The “Halftime Report” traders give their top picks to watch for the second half.
Proactive Investors
AutoZone upgraded to ‘Buy’ as it promises to rally if it navigates price wars
Friday Jun 16 2023 at 12:11
Analysts at UBS have upgraded AutoZone Inc from Neutral to Buy based on their hunch that the underappreciated company could rally hard if it successfully navigates some risks. In a note to clients, UBS also noted that they were upgrading AutoZone as they felt the current valuation has created an “attractive buying opportunity.
MarketBeat
Even at $2,000+ Per Share, These 3 Stocks Are Deals
Friday Jun 09 2023 at 07:20
Sometimes when investors see a share price of $1,000, $2,000 or more, they skip right past it. But there’s no need for such ‘stock sticker shock’ — for two reasons.
Zacks Investment Research
Why AutoZone (AZO) is a Top Value Stock for the Long-Term
Wednesday Jun 07 2023 at 10:48
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Investopedia
Markets Fall Ahead of Key Debt Ceiling Vote
Wednesday May 31 2023 at 16:55
Stocks fell on Wednesday, May 31, 2023 as investors await the outcome of a vote in the House on a bill to raise the debt ceiling and avoid default.
The Motley Fool
Why Shares in AutoZone Fell Today
Wednesday May 31 2023 at 14:47
The problem looks like more of an ongoing issue of underperformance at Advance Auto Parts than anything at AutoZone. AutoZone’s recent earnings report contained some negatives but nothing in line with what Advance Auto Parts reported, while another peer, O’Reilly Automotive, is flying high.
Market Watch
AutoZone’s stock sinks toward 7-month low after rival Advance Auto Parts’ disappointing results, dividend cut
Wednesday May 31 2023 at 08:47
Shares of AutoZone Inc. AZO sank 6.4% toward a 7-month low in premarket trading Wednesday, in the wake of a disappointing earnings report from rival auto parts seller Advance Auto Parts Inc. AAP, which included cuts to its full-year guidance and its dividend amid a competitive pricing environment. AutoZone had reported last week a quarterly profit beat but sales that missed, citing weaker-than-expected March sales.
Market Watch
13 retailers posted a good earnings season based on two key measures. Are their stocks worth a look?
Tuesday May 30 2023 at 10:10
Every earnings season there are retail horror stories but also some companies that stand out in a competitive environment. Below is a list of 13 U.S. retailers that have put up good quarterly numbers.
Insider Trading
(Original Source: SEC.GOV)
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
Over the last 3 months, 1 insider has bought $1.15M and 8 insiders have sold $106.06M of common stock on the stock market. This represents a net trade value of $104.92M sold.
Debt & Income Analysis
(Original Source: SEC.GOV)
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
$AZO’s Income Quality of 1.5 is greater than its Industry Group of 0.94 (59.6% greater)
$AZO’s Income Quality of 1.5 is greater than its Major Industry Group of 0.77 (94.8% greater)
$AZO’s Income Quality of 1.5 is greater than its Sector of 0.9 (66.7% greater)
(Original Source: SEC.GOV)
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
$AZO’s Current Ratio of 0.79 is lower than its Industry Group of 1.13 (-30.1% lower)
$AZO’s Current Ratio of 0.79 is lower than its Major Industry Group of 1.31 (-39.7% lower)
$AZO’s Current Ratio of 0.79 is lower than its Sector of 1.38 (-42.8% lower)
Value Analysis
(Original Source: SEC.GOV)
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
$AZO’s PE Ratio of 20.67 is greater than its Industry Group of 7.85 (163.3% greater)
$AZO’s PE Ratio of 20.67 is greater than its Major Industry Group of 7.85 (163.3% greater)
$AZO’s PE Ratio of 20.67 is greater than its Sector of 7.04 (193.6% greater)
(Original Source: SEC.GOV)
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
Cannot compare a negative PB Ratio (-11.16 & 1.42)
Cannot compare a negative PB Ratio (-11.16 & 1.46)
Cannot compare a negative PB Ratio (-11.16 & 1.48)
Efficiency Analysis
(Original Source: SEC.GOV)
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
$AZO’s ROE of -0.54 is lower than its Industry Group of 0.18 (-400.0% lower)
$AZO’s ROE of -0.54 is lower than its Major Industry Group of 0.17 (-417.6% lower)
$AZO’s ROE of -0.54 is lower than its Sector of 0.09 (-700.0% lower)
(Original Source: SEC.GOV)
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
$AZO’s ROCE of 0.42 is greater than its Industry Group of 0.16 (162.5% greater)
$AZO’s ROCE of 0.42 is greater than its Major Industry Group of 0.12 (250.0% greater)
$AZO’s ROCE of 0.42 is greater than its Sector of 0.07 (500.0% greater)