, though auto Zone Inc. (NYSE: AZO) has been a public company since 1991, it has split its stock just twice, and both times were in the early 1990s. The auto parts retailer did a two-for-one split in 1992 and then again in 1994. It has been over a quarter of a century since the stock has been split, maybe it is due for one.
Stock split history for Auto. Zone since 1991. Prices shown are actual historical values and are not adjusted for either splits or dividends. Please see the “Historical Prices” tab for adjusted price values.
Also, who holds AutoZone’s stock?
Only 2.60% of the stock of Auto. Zone is held by insiders. 91.01% of the stock of Auto. Zone is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Earnings for Auto. Zone are expected to grow by 10.83% in the coming year, from $107.24 to $118.85 per share.
Is AutoZone stock down 15% year to date?
, auto Zone stock has fallen nearly 15% year to date; however, it is up more than 50% over the past year. The company is a retailer of auto replacement parts and accessories. Net sales for fiscal 2021 reached $14., and 6 billion. This is up 16% over fiscal 2020. Gross profit also rose from $6. 8 billion in 2020 to $7. 7 billion in 2021.
Competition could also hurt Auto. Zone stock in another way. Due to aggressive stock buybacks, stockholders’ equity has long remained negative. Should the company need to raise cash, its financial condition could lead to massive share issuance, significantly harming Auto, and zone stock.
, auto Zone had a net margin of 15.08% and a negative trailing twelve-month return on equity of 126.68%. The firm’s revenue was up 16.3% compared to the same quarter last year. During the same period last year, the company posted $18.61 earnings per share., view auto Zone’s earnings history. What price target have analysts set for AZO?
Shares of Auto. Zone most recently closed at $2,033.67 and have a 52-week range of $1,139.18 to $2,110.00. The consensus price target is $2,183.94. The market cap is $41.96 billion.
Autozone is so expensive simply because their parts have been marked up so much. When Autozone buys parts from suppliers, they then need to mark up this price so that it will make a profit when they sell it to you.
For growth investors, double-digit earnings growth is highly preferable , as it is often perceived as an indication of strong prospects (and stock price gains) for the company under consideration. While the historical EPS growth rate for Auto. Zone is 14.9%, investors should actually focus on the projected growth.
What is a 4-for-1 stock split?
A stock split is a way for a publicly traded company to alter its share price and outstanding share count without affecting its market value. For example, if a company’s shares were trading at $400, and said company enacted a 4-for-1 stock split, shareholders would receive three additional shares for each share they already owned.
Moves like this generally send share prices up in the interim because investors are capable of building a larger position (more shares) in a stock prior to the split.
How many AutoZone Stores are in the US?
, auto Zone now has a total of 6,785 stores, of which 6,066 are in the U. S, 666 are in Mexico, and 53 are in Brazil., auto Zone is a cash machine, which affords it the ability to return capital back to shareholders. Over the past four fiscal quarters, the company has repurchased an incredible $3.6 billion of stock.
Is AutoZone a cash machine?
, auto Zone is a cash machine , which affords it the ability to return capital back to shareholders. Over the past four fiscal quarters, the company has repurchased an incredible $3.6 billion of stock.