Is AutoZone stock overvalued?

Is AutoZone stock a good investment?

AutoZone currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. … Over the past quarter, shares of AutoZone have risen 12.84%, and are up 49.14% in the last year.

Is AutoZone undervalued?

Is AutoZone still cheap? The stock is currently trading at US$1,504 on the share market, which means it is overvalued by 30% compared to my intrinsic value of $1158.02. … Furthermore, AutoZone’s share price also seems relatively stable compared to the rest of the market, as indicated by its low beta.

Is AutoZone a buy right now?

AutoZone has received a consensus rating of Buy. The company’s average rating score is 2.59, and is based on 11 buy ratings, 5 hold ratings, and 1 sell rating.

Why is AutoZone equity negative?

And AutoZone’s shareholders are not compensated with dividends due to the company’s policy of “no dividends in the past, not now, and not ever.” But AutoZone rewards its creditors with an ever-growing loan business with interest payments.

How many times has AutoZone stock split?

When did AutoZone’s stock split? Our stock has split two for one on January 30, 1992 and April 20, 1994.

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Is AZO a good buy?

AZO is a #2 (Buy) on the Zacks Rank, with a VGM Score of A. … With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, AZO should be on investors’ short list. 5 Stocks Set to Double. Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021.

Does AutoZone perform best in a down economy?

Stocks of auto suppliers tend to outperform in down economies. AutoZone has had better profit margins than competitors Advance Auto Parts and O’Reilly Auto Parts.

Who are AutoZone competitors?

One of AutoZone’s main competitors in the specialty retail industry is O’Reilly Automotive (ORLY). Other competitors in the consumer discretionary sector include: Advance Auto Parts (AAP), Pep Boys – Manny, Moe & Jack (PBY), and U.S. Auto Parts Network (PRTS).

Who is the largest auto parts retailer?

Autozone is the largest auto parts chain with 5,914 locations in all 50 states. Followed by, Napa Auto Parts (5.59K) and O’Reilly Auto Parts (5.27K).

Does AutoZone have debt?

AutoZone long term debt from 2006 to 2021.

Compare AZO With Other Stocks.

AutoZone Quarterly Long Term Debt (Millions of US $)
2020-02-29 $5,451
2019-11-30 $5,287
2019-08-31 $5,206
2019-05-31 $5,152

Is AutoZone a cyclical stock?

In summary, The stock of AutoZone (NYSE:AZO, 30-year Financials) gives every indication of being fairly valued. The company’s financial condition is fair and its profitability is strong. Its growth ranks in the middle range of the companies in the industry of Retail – Cyclical.

How much is AutoZone debt?

Total Assets

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Aug 2021
Total Debt 7.90 B
Total Liabilities 15.27 B
Total Shareholder’s Equity -1.80 B
Book Value Per Share -85.04