AUTOZONE INC (Austria) Today

AUTOZONE INC is trading at 1596.00 as of the 4th of July 2022. This is a 1.79 percent up since the beginning of the trading day. The stock's open price was 1568.0. Equity ratings for AUTOZONE INC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of June 2022 and ending today, the 4th of July 2022. Click here to learn more.
Valuation
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AUTOZONE INC Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. AUTOZONE INC's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding AUTOZONE INC or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
AUTOZONE INC is not yet fully synchronised with the market data
The company has accumulated 8.12 B in total debt. AUTOZONE INC has a current ratio of 0.87, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist AUTOZONE INC until it has trouble settling it off, either with new capital or with free cash flow. So, AUTOZONE INC's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like AUTOZONE INC sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for AUTOZONE to invest in growth at high rates of return. When we think about AUTOZONE INC's use of debt, we should always consider it together with cash and equity.
Over 91.0% of the company shares are held by institutions such as insurance companies
ChairmanWilliam Rhodes
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of AUTOZONE INC's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
AUTOZONE INC (AZO) is traded on Vienna Stock Exchange in Austria and employs 60,000 people. The company currently falls under 'Large-Cap' category with current market capitalization of 32.84 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate AUTOZONE INC's market, we take the total number of its shares issued and multiply it by AUTOZONE INC'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 these looking for more risk prefer small-cap and mid-cap equities. AUTOZONE INC operates under Consumer Cyclical sector and is part of Specialty Retail industry. The entity has 21.54 M outstanding shares. AUTOZONE INC has accumulated about 1.03 B in cash with 3.65 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 47.63.
Check AUTOZONE INC Probability Of Bankruptcy

AUTOZONE Stock Price Odds Analysis

What are AUTOZONE INC's target price odds to finish over the current price? In reference to a normal probability distribution, the odds of AUTOZONE INC jumping above the current price in 90 days from now is about 1.46%. The AUTOZONE INC probability density function shows the probability of AUTOZONE INC stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon AUTOZONE INC has a beta of 0.0194. This suggests as returns on the market go up, AUTOZONE INC average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding AUTOZONE INC will be expected to be much smaller as well. Additionally, the company has an alpha of 0.2477, implying that it can generate a 0.25 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 1596.0HorizonTargetOdds Above 1596.0
98.52%90 days
 1,596 
1.46%
Based on a normal probability distribution, the odds of AUTOZONE INC to move above the current price in 90 days from now is about 1.46 (This AUTOZONE INC probability density function shows the probability of AUTOZONE Stock to fall within a particular range of prices over 90 days) .

AUTOZONE INC Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. AUTOZONE INC market risk premium is the additional return an investor will receive from holding AUTOZONE INC long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in AUTOZONE INC. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although AUTOZONE INC's alpha and beta are two of the key measurements used to evaluate AUTOZONE INC's performance over the market, the standard measures of volatility play an important role as well.

AUTOZONE Stock Against Markets

Picking the right benchmark for AUTOZONE INC stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in AUTOZONE INC stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for AUTOZONE INC is critical whether you are bullish or bearish towards AUTOZONE INC at a given time.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with AUTOZONE INC stock to make a market-neutral strategy. Peer analysis of AUTOZONE INC could also be used in its relative valuation, which is a method of valuing AUTOZONE INC by comparing valuation metrics with similar companies.

Investing AUTOZONE INC

You need to understand the risk of investing before taking a position in AUTOZONE INC. The danger of trading AUTOZONE INC 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 INC 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 INC. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AUTOZONE INC 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.
Please continue to Trending Equities. Note that the AUTOZONE INC information on this page should be used as a complementary analysis to other AUTOZONE INC'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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Other Tools for AUTOZONE Stock

When running AUTOZONE INC price analysis, check to measure AUTOZONE INC'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 INC is operating at the current time. Most of AUTOZONE INC's value examination focuses on studying past and present price action to predict the probability of AUTOZONE INC's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move AUTOZONE INC's price. Additionally, you may evaluate how the addition of AUTOZONE INC to your portfolios can decrease your overall portfolio volatility.
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