Autozone Earnings per Basic Share USD Trend from 2010 to 2022

AZO
 Stock
  

USD 2,125  43.94  2.03%   

Autozone Earnings per Basic Share USD yearly trend continues to be quite stable with very little volatility. The value of Earnings per Basic Share USD are projected to decrease to 61.11. From the period between 2010 and 2022, Autozone, Earnings per Basic Share USD regression line of its data series had standard deviation of 24.97 and standard deviation of  24.97. Autozone Operating Income is quite stable at the moment as compared to the past year. The company's current value of Operating Income is estimated at 2.34 Billion. Revenues is expected to rise to about 12.4 B this year, although the value of Direct Expenses will most likely fall to about 5 B.
  
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Check Autozone financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Autozone main balance sheet or income statement drivers, such as Direct Expenses of 5 B, Consolidated Income of 1.6 B or Cost of Revenue of 5.8 B, as well as many exotic indicators such as Interest Coverage of 11.11, Calculated Tax Rate of 28.37 or PPandE Turnover of 3.14. Autozone financial statements analysis is a perfect complement when working with Autozone Valuation or Volatility modules. It can also supplement various Autozone Technical models. Please continue to the analysis of Autozone Correlation against competitors.

Autozone Quarterly Earnings per Basic Share USD

29.93

Share

Autozone Earnings per Basic Share USD Breakdown

Showing smoothed Earnings per Basic Share USD of Autozone with missing and latest data points interpolated. [EPS] in USD; converted by US Dollar Exchange Rate.Autozone's Earnings per Basic Share USD historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Autozone's overall financial position and show how it may be relating to other accounts over time.
Earnings per Basic Share USD10 Years Trend
Increasing
Slightly volatile
 Earnings per Basic Share USD 
Share
      Timeline 

Autozone Earnings per Basic Share USD Regression Statistics

Arithmetic Mean 58.79
Geometric Mean 53.80
Coefficient Of Variation 42.47
Mean Deviation 19.19
Median 49.59
Standard Deviation 24.97
Sample Variance 623.57
Range 73.56
R-Value 0.74
Mean Square Error 312.36
R-Squared 0.54
Significance 0.004174
Slope 4.72
Total Sum of Squares 7,483

Autozone Earnings per Basic Share USD History

2012 49.59
2018 97.6
2021 64.78
2022 61.11

About Autozone Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Autozone income statement, its balance sheet, and the statement of cash flows. Autozone investors use historical funamental indicators, such as Autozone's Earnings per Basic Share USD, 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. We offer a historical overview of the basic patterns found on Autozone Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Autozone. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Earnings Before Interest Taxes and Depreciation Amortization EBITDA2.6 B2.7 B
Earnings before TaxB2.1 B
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 65100 people.

Autozone Investors Sentiment

The influence of Autozone's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Autozone. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Autozone in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Autozone's short interest history, or implied volatility extrapolated from Autozone options trading.

Current Sentiment - AZO

Autozone Investor Sentiment

Greater number of Macroaxis users are presently bullish on Autozone. What is your sentiment towards investing in Autozone? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Pair Trading with Autozone

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Autozone position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Autozone will appreciate offsetting losses from the drop in the long position's value.

Autozone Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Autozone could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Autozone when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Autozone - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Autozone to buy it.
The correlation of Autozone is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Autozone moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Autozone moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Autozone can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to the analysis of Autozone Correlation against competitors. 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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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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.
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.