Autozone Stock Price on December 7, 2021 Breakdown

AZO -  USA Stock  

USD 2,159  50.27  2.38%

As of today, the current price of Autozone is  2,159 , as last reported on the 24th of June, with the highest price reaching  2,175  and the lowest price hitting  2,109  during the day.
We consider Autozone very steady. Autozone secures Sharpe Ratio (or Efficiency) of 0.054, which signifies that the company had 0.054% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Autozone, which you can use to evaluate the future volatility of the firm. Please confirm Autozone Downside Deviation of 3.22, mean deviation of 1.85, and Risk Adjusted Performance of 0.1095 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%.
  
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The value of Net Income Common Stock is estimated to slide to about 1.6 B. Autozone Price to Earnings Ratio are quite stable at the moment as compared to the past year. The company's current value of Price to Earnings Ratio is estimated at 18.22. Price to Sales Ratio is expected to rise to 2.34 this year, although Price to Book Value will most likely fall to (17.01) . Autozone Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Most Recent Activity

Shares Float
19.4 M
Shares Outstanding
19.5 M
Shares Short Prior Month
422.1 K
Earnings Share
113.3
Shares Short
481.7 K
Revenue Per Share
767.65

Autozone Valuation on December 7, 2021

It is possible to determine the worth of Autozone on a given historical date. On December 7, 2021 Autozone was worth 1914.37 at the beginning of the trading date compared to the closed value of 2023.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Autozone stock. Still, in general, we apply an absolute valuation method to find Autozone's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Autozone's related companies.
 Open High Low Close Volume
  1,878    1,886    1,858    1,880    171,538  
12/07/2021
  1,914    2,029    1,891    2,024    277,043  
  2,014    2,020    1,941    1,989    251,100  
Backtest Autozone  |  Autozone History  |  Autozone Valuation   PreviousNext  
Open Value 1914.37
2023.57
Closing Value
1,922
Upside

Autozone Trading Date Momentum on December 7, 2021

On December 08 2021 Autozone was traded for  1,989  at the closing time. Highest Autozone's price during the trading hours was 2,020  and the lowest price during the day was  1,941 . The net volume was 251.1 K. The overall trading history on the 8th of December contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 1.72% . The overall trading delta to current price is 0.36% .

Autozone Fundamentals Correlations and Trends

By evaluating Autozone's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Autozone's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Autozone financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Autozone Stock history

Autozone investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Autozone is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Autozone will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Autozone historical stock prices may prove useful in developing a viable investing in Autozone
Last ReportedProjected for 2022
Weighted Average Shares25 M26.1 M
Weighted Average Shares Diluted25.5 M26.6 M
Issuance Purchase of Equity Shares-1.8 B-2 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 Quarterly Market Capitalization

39.7 Billion

Share

Autozone Stock Technical Analysis

Autozone technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Autozone technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Autozone trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Autozone Period Price Range

Low
December 7, 2021
High

 1,914 

  

 2,024 

109.205.70%

Autozone June 24, 2022 Market Strength

Market strength indicators help investors to 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 undertsting and applying Autozone stock market strength indicators, traders can identify Autozone entry and exit signals to maximize returns

Autozone Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Autozone stock's direction in advance. Along with the technical and fundamental analysis of Autozone Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Autozone to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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.
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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.
Quarterly Earnings Growth YOY
0.096
Market Capitalization
41.1 B
Quarterly Revenue Growth YOY
0.059
Return On Assets
0.14
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.