AutoZone Net Worth
AutoZone Net Worth Breakdown | AZO |
AutoZone Net Worth Analysis
AutoZone's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including AutoZone's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of AutoZone's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform AutoZone's net worth analysis. One common approach is to calculate AutoZone's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares AutoZone's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing AutoZone's net worth. This approach calculates the present value of AutoZone's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of AutoZone's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate AutoZone's net worth. This involves comparing AutoZone's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into AutoZone's net worth relative to its peers.
Enterprise Value |
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To determine if AutoZone is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding AutoZone's net worth research are outlined below:
| AutoZone 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. Note however, debt could still be an excellent tool for AutoZone to invest in growth at high rates of return. | |
| Over 97.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from investing.com: AutoZone VP sells over 4.9 million in company stock |
AutoZone Quarterly Good Will |
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AutoZone uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in AutoZone. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to AutoZone's 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.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 28th of May 2024 Next Financial Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View | |
| 17th of September 2024 Next Fiscal Year End | View | |
| 30th of November 2023 Last Quarter Report | View | |
| 31st of August 2023 Last Financial Announcement | View |
AutoZone Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. AutoZone target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. AutoZone's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 28 | Strong Buy |
Most AutoZone analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand AutoZone stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of AutoZone, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationAutoZone Target Price Projection
AutoZone's current and average target prices are 3,198 and 2,850, respectively. The current price of AutoZone is the price at which AutoZone is currently trading. On the other hand, AutoZone's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
AutoZone Market Quote on 30th of September 2024
Target Price
Analyst Consensus On AutoZone Target Price
Know AutoZone's Top 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.
| Shares | T. Rowe Price Associates, Inc. | 2024-06-30 | 268.4 K | First Manhattan Co. Llc | 2024-06-30 | 258.8 K | Norges Bank | 2024-06-30 | 257 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 220.4 K | Northern Trust Corp | 2024-06-30 | 175 K | Deutsche Bank Ag | 2024-06-30 | 170.6 K | Marshfield Associates | 2024-06-30 | 168.8 K | Nordea Investment Mgmt Bank Demark A/s | 2024-06-30 | 168.4 K | Alliancebernstein L.p. | 2024-06-30 | 167.7 K | Vanguard Group Inc | 2024-06-30 | 1.8 M | Jpmorgan Chase & Co | 2024-06-30 | 1.3 M |
Follow AutoZone's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 54.11 B.Market Cap |
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Project AutoZone's profitablity
| Last Reported | Projected for Next Year | ||
| 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) |
When accessing AutoZone's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures AutoZone's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of AutoZone's profitability and make more informed investment decisions.
Evaluate AutoZone's management efficiency
AutoZone has Return on Asset of 0.1428 % which means that on every $100 spent on assets, it made $0.1428 of profit. This is way below average. AutoZone's 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. As of the 30th of September 2024, Return On Tangible Assets is likely to drop to 0.10. In addition to that, Return On Capital Employed is likely to drop to 0.33. At this time, AutoZone's Intangibles To Total Assets are very stable compared to the past year. As of the 30th of September 2024, Fixed Asset Turnover is likely to grow to 3.32, while Intangible Assets are likely to drop about 1.6 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | (68.65) | (65.22) | |
| Tangible Book Value Per Share | (80.99) | (76.94) | |
| Enterprise Value Over EBITDA | 14.71 | 12.98 | |
| Price Book Value Ratio | (16.05) | (15.25) | |
| Enterprise Value Multiple | 14.71 | 12.98 | |
| Price Fair Value | (16.05) | (15.25) | |
| Enterprise Value | 7.9 B | 8.3 B |
The analysis of AutoZone's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze AutoZone's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of AutoZone Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Enterprise Value Revenue 9.1482 | Revenue 18.5 B | Quarterly Revenue Growth 0.09 | Revenue Per Share 1.1 K |
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 Corporate Filings
F4 | 27th of September 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 24th of September 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 31st of July 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
| 26th of June 2024 Prospectus used primarily for registering securities for public sale. | ViewVerify |
AutoZone Earnings Estimation Breakdown
The calculation of AutoZone's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of AutoZone is estimated to be 34.29 with the future projection ranging from a low of 32.69 to a high of 36.58. Please be aware that this consensus of annual earnings estimates for AutoZone is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
32.69 Lowest | Expected EPS | 36.58 Highest |
AutoZone Earnings Projection Consensus
Suppose the current estimates of AutoZone's value are higher than the current market price of the AutoZone stock. In this case, investors may conclude that AutoZone is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and AutoZone's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 30th of November 2024 | Current EPS (TTM) | |
| 27 | 94.11% | 51.58 | 34.29 | 51.47 |
AutoZone Earnings History
Earnings estimate consensus by AutoZone analysts from Wall Street is used by the market to judge AutoZone's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only AutoZone's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.AutoZone Quarterly Gross Profit |
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AutoZone's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
AutoZone Earnings per Share Projection vs Actual
Actual Earning per Share of AutoZone refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering AutoZone predict the company's earnings will be in the future. The higher the earnings per share of AutoZone, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.AutoZone Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as AutoZone, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of AutoZone should always be considered in relation to other companies to make a more educated investment decision.AutoZone Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact AutoZone's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-09-24 | 2024-08-31 | 53.53 | 51.58 | -1.95 | 3 | ||
2024-05-31 | 2024-05-31 | 35.96 | 36.69 | 0.73 | 2 | ||
2024-05-21 | 2024-02-29 | 35.96 | 36.69 | 0.73 | 2 | ||
2024-02-27 | 2023-11-30 | 26.28 | 28.89 | 2.61 | 9 | ||
2023-09-19 | 2023-08-31 | 45.12 | 46.46 | 1.34 | 2 | ||
2023-08-02 | 2023-05-31 | 31.41 | 34.12 | 2.71 | 8 | ||
2023-05-23 | 2023-02-28 | 31.42 | 34.12 | 2.7 | 8 | ||
2022-12-06 | 2022-11-30 | 25.27 | 27.45 | 2.18 | 8 | ||
2022-09-19 | 2022-08-31 | 38.41 | 40.51 | 2.1 | 5 | ||
2022-05-31 | 2022-05-31 | 26.05 | 29.03 | 2.98 | 11 | ||
2022-03-01 | 2022-02-28 | 17.79 | 22.3 | 4.51 | 25 | ||
2021-12-07 | 2021-11-30 | 20.87 | 25.69 | 4.82 | 23 | ||
2021-09-21 | 2021-08-31 | 29.92 | 35.72 | 5.8 | 19 | ||
2021-03-02 | 2021-02-28 | 12.84 | 14.93 | 2.09 | 16 | ||
2020-12-08 | 2020-11-30 | 17.85 | 18.61 | 0.76 | 4 | ||
2020-09-22 | 2020-08-31 | 25.01 | 30.93 | 5.92 | 23 | ||
2020-05-26 | 2020-02-29 | 13.8 | 14.39 | 0.59 | 4 | ||
2019-12-10 | 2019-11-30 | 13.74 | 14.3 | 0.56 | 4 | ||
2019-09-24 | 2019-08-31 | 21.8 | 22.59 | 0.79 | 3 | ||
2019-05-21 | 2019-02-28 | 15.14 | 15.99 | 0.85 | 5 | ||
2018-12-04 | 2018-11-30 | 12.21 | 13.04 | 0.83 | 6 | ||
2018-09-18 | 2018-08-31 | 17.92 | 18.54 | 0.62 | 3 | ||
2018-05-22 | 2018-02-28 | 12.94 | 13.42 | 0.48 | 3 | ||
2018-02-27 | 2017-11-30 | 8.93 | 8.47 | -0.46 | 5 | ||
2017-09-19 | 2017-08-31 | 15.11 | 15.27 | 0.16 | 1 | ||
2017-05-23 | 2017-02-28 | 12 | 11.44 | -0.56 | 4 | ||
2016-12-06 | 2016-11-30 | 9.31 | 9.36 | 0.05 | 0 | ||
2016-09-22 | 2016-08-31 | 14.25 | 14.3 | 0.05 | 0 | ||
2016-05-24 | 2016-02-29 | 10.92 | 10.77 | -0.15 | 1 | ||
2015-12-08 | 2015-11-30 | 8.24 | 8.29 | 0.05 | 0 | ||
2015-09-22 | 2015-08-31 | 12.69 | 12.75 | 0.06 | 0 | ||
2015-05-26 | 2015-02-28 | 9.52 | 9.57 | 0.05 | 0 | ||
2014-12-09 | 2014-11-30 | 7.16 | 7.27 | 0.11 | 1 | ||
2014-09-22 | 2014-08-31 | 11.26 | 11.28 | 0.02 | 0 | ||
2014-03-04 | 2014-02-28 | 5.55 | 5.63 | 0.08 | 1 | ||
2013-12-10 | 2013-11-30 | 6.28 | 6.29 | 0.01 | 0 | ||
2013-09-25 | 2013-08-31 | 10.34 | 10.42 | 0.08 | 0 | ||
2013-05-21 | 2013-02-28 | 7.21 | 7.27 | 0.06 | 0 | ||
2012-12-04 | 2012-11-30 | 5.39 | 5.41 | 0.02 | 0 | ||
2012-09-19 | 2012-08-31 | 8.4 | 8.46 | 0.06 | 0 | ||
2012-05-22 | 2012-02-29 | 6.25 | 6.28 | 0.03 | 0 | ||
2011-12-06 | 2011-11-30 | 4.44 | 4.68 | 0.24 | 5 | ||
2011-09-20 | 2011-08-31 | 6.97 | 7.18 | 0.21 | 3 | ||
2011-05-24 | 2011-02-28 | 4.98 | 5.29 | 0.31 | 6 | ||
2010-12-07 | 2010-11-30 | 3.44 | 3.77 | 0.33 | 9 | ||
2010-09-21 | 2010-08-31 | 5.44 | 5.66 | 0.22 | 4 | ||
2010-05-25 | 2010-02-28 | 3.61 | 4.12 | 0.51 | 14 | ||
2009-12-08 | 2009-11-30 | 2.66 | 2.82 | 0.16 | 6 | ||
2009-09-23 | 2009-08-31 | 4.45 | 4.47 | 0.02 | 0 | ||
2009-05-27 | 2009-02-28 | 2.89 | 3.13 | 0.24 | 8 | ||
2008-12-09 | 2008-11-30 | 2.18 | 2.23 | 0.05 | 2 | ||
2008-09-22 | 2008-08-31 | 3.9 | 3.88 | -0.02 | 0 | ||
2008-05-20 | 2008-02-29 | 2.43 | 2.49 | 0.06 | 2 | ||
2007-12-04 | 2007-11-30 | 1.91 | 2.02 | 0.11 | 5 | ||
2007-09-18 | 2007-08-31 | 3.25 | 3.23 | -0.02 | 0 | ||
2007-05-22 | 2007-02-28 | 2.15 | 2.17 | 0.02 | 0 | ||
2006-12-05 | 2006-11-30 | 1.68 | 1.73 | 0.05 | 2 | ||
2006-09-19 | 2006-08-31 | 2.79 | 2.92 | 0.13 | 4 | ||
2006-05-24 | 2006-02-28 | 1.95 | 1.89 | -0.06 | 3 | ||
2005-12-06 | 2005-11-30 | 1.55 | 1.48 | -0.07 | 4 | ||
2005-09-21 | 2005-08-31 | 2.84 | 2.59 | -0.25 | 8 | ||
2005-05-25 | 2005-02-28 | 1.8 | 1.86 | 0.06 | 3 | ||
2004-12-08 | 2004-11-30 | 1.44 | 1.52 | 0.08 | 5 | ||
2004-09-21 | 2004-08-31 | 2.55 | 2.53 | -0.02 | 0 | ||
2004-05-26 | 2004-02-29 | 1.55 | 1.68 | 0.13 | 8 | ||
2003-12-09 | 2003-11-30 | 1.28 | 1.35 | 0.07 | 5 | ||
2003-09-22 | 2003-08-31 | 1.93 | 2.27 | 0.34 | 17 | ||
2003-05-27 | 2003-02-28 | 1.27 | 1.3 | 0.03 | 2 | ||
2002-12-12 | 2002-11-30 | 0.95 | 1.04 | 0.09 | 9 | ||
2002-09-25 | 2002-08-31 | 1.41 | 1.73 | 0.32 | 22 | ||
2002-05-21 | 2002-02-28 | 0.78 | 0.96 | 0.18 | 23 | ||
2001-12-04 | 2001-11-30 | 0.6 | 0.76 | 0.16 | 26 | ||
2001-09-25 | 2001-08-31 | 1.07 | 1.07 | 0.0 | 0 | ||
2001-05-23 | 2001-02-28 | 0.55 | 0.56 | 0.01 | 1 | ||
2000-12-05 | 2000-11-30 | 0.46 | 0.46 | 0.0 | 0 | ||
2000-09-21 | 2000-08-31 | 0.83 | 0.84 | 0.01 | 1 | ||
2000-05-19 | 2000-02-29 | 0.5 | 0.5 | 0.0 | 0 | ||
2000-02-29 | 1999-11-30 | 0.28 | 0.28 | 0.0 | 0 | ||
1999-09-29 | 1999-08-31 | 0.67 | 0.67 | 0.0 | 0 | ||
1999-05-26 | 1999-02-28 | 0.4 | 0.4 | 0.0 | 0 | ||
1998-12-10 | 1998-11-30 | 0.34 | 0.34 | 0.0 | 0 | ||
1998-10-07 | 1998-08-31 | 0.61 | 0.6 | -0.01 | 1 | ||
1998-05-26 | 1998-02-28 | 0.35 | 0.35 | 0.0 | 0 |
AutoZone Corporate Directors
| Michael Calbert | Independent Director | Profile | |
| Enderson Guimaraes | Independent Director | Profile | |
| David Jordan | Independent Director | Profile | |
| Jill Soltau | Independent Director | Profile |
Already Invested in AutoZone?
The danger of trading AutoZone is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of AutoZone is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than AutoZone. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AutoZone is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additional Information and Resources on Investing in AutoZone Stock
When determining whether AutoZone offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AutoZone's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Autozone Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Autozone Stock: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 closely tied 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.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Automotive Retail space 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 0.117 | Earnings Share 51.47 | Revenue Per Share 1.1 K | Quarterly Revenue Growth 0.09 | Return On Assets 0.1428 |
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.