La catena delle opzioni mostra i dati chiave delle opzioni azionarie di AutoZone a vari prezzi di esercizio e date di scadenza. I trader utilizzano queste informazioni per analizzare potenziali operazioni e valutare il sentiment del mercato per AutoZone..

AutoZone (NYSE:AZO) Azioni, Catena delle Opzioni

AutoZone

AutoZone operates as a leading retailer of aftermarket automotive parts in the United States. The firm operates over 6,400 stores domestically, serving both the do-it-yourself and commercial (do-it-for-me) end markets. Through its vast store footprint and distribution network, AutoZone manages a wide array of stock-keeping units applicable to numerous vehicle makes and models, providing its consumers with ample product availability. The firm drives traffic by providing superior and convenient customer service as AutoZone's team of knowledgeable staff assists consumers with diagnosing a vehicle's problem, selecting the necessary part for replacement, and in some instances, installation. The company also operates internationally, with over 750 stores in Mexico and more than 100 in Brazil.

AutoZone Inc

AutoZone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>) has outperformed the market over the past 15 years by 10.77% on an annualized basis producing an average annual return of 22.43%. Currently, AutoZone has a market capitalization of $51.50 billion. 
Buying $100 In AZO: If an investor had bought $100 of AZO stock 15 years ago, it would be worth $2,140.90 today based on a price of $3046.35 for AZO at the time of writing.
<h3>AutoZone's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730835035_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

News

Trading Ideas

$100 Invested In This Stock 15 Years Ago Would Be Worth $2,100 Today

STOCK CLIMBS OVER 1 % AT ITS HIGH POINT
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="931" height="806" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/04210344/Screen-Shot-2024-11-04-at-4.05.53-PM.png" alt="" class="wp-image-2963" style="width:624px" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/04210344/Screen-Shot-2024-11-04-at-4.05.53-PM.png 931w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/04210344/Screen-Shot-2024-11-04-at-4.05.53-PM-300x260.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/04210344/Screen-Shot-2024-11-04-at-4.05.53-PM-768x665.png 768w" sizes="(max-width: 931px) 100vw, 931px" /></figure>
Today, AutoZone, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>) experienced a power inflow, a significant event for those who follow where the smart money goes and value order flow analytics in their trading decisions. 
Today, at 10:46 AM on November 4th, a significant trading signal occurred for AutoZone, Inc. as it demonstrated a Power Inflow at a price of $3026.84. This indicator is crucial for traders who want to know directionally where institutions and so-called "smart money" moves in the market. They see the value of utilizing order flow analytics to guide their trading decisions. The Power Inflow points to a possible uptrend in AutoZone&#8217;s stock, marking a potential entry point for traders looking to capitalize on the expected upward movement. Traders with this signal closely watch for sustained momentum in AutoZone&#8217;s stock price, interpreting this event as a bullish sign.
Signal description
Order flow analytics, aka transaction or market flow analysis, separate and study both the retail and institutional volume rate of orders (flow). It involves analyzing the flow of buy and sell orders, along with size, timing, and other associated characteristics and patterns, to gain insights and make more informed trading decisions. This particular indicator is interpreted as a bullish signal by active traders.&nbsp;
The Power Inflow occurs within the first two hours of the market open and generally signals the trend that helps gauge the stock&#8217;s overall direction, powered by institutional activity in the stock, for the remainder of the day.&nbsp;
By incorporating order flow analytics into their trading strategies, market participants can better interpret market conditions, identify trading opportunities, and potentially improve their trading performance. But let's not forget that while watching smart money flow can provide valuable insights, it is crucial to incorporate effective risk management strategies to protect capital and mitigate potential losses. Employing a consistent and effective risk management plan helps traders navigate the uncertainties of the market in a more controlled and calculated manner, increasing the likelihood of long-term success
If you want to stay updated on the latest options trades for AZO, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.&nbsp;
<a href="https://benzinga.com/apis?_gl=1&#x2A;1hlgn5i&#x2A;_ga&#x2A;MTY1NjE2NTYxMi4xNzE0NzQ4MTAy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDc0ODEwMi4xLjEuMTcxNDc0ODQyOC4wLjAuMA..">Market News and Data brought to you by Benzinga APIs</a> and include firms, like <a href="https://finitusa.com/en/">Finit USA</a>, responsible for parts of the data within this article. 
&#xA9; 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
After Market Close UPDATE:
The price at the time of the Power Inflow was $3026.84. The returns on the High price ($3057.42) and Close price ($3046.36) after the Power Inflow were respectively 1.0% and 0.6%. That is why it is important to have a trading plan that includes Profit Targets and Stop Losses that reflect your risk appetite. 
Past Performance is Not Indicative of Future Results

Signals

Markets

Tradepulse Power Inflow Alert: Autozone Inc. Mover Over 30 Points Higher After Signal

In the current session, the stock is trading at $3198.31, after a 0.51% spike. Over the past month, AutoZone Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>) stock increased by 5.07%, and in the past year, by 32.35%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.

<img src="https://www.benzinga.com/files/images/story/2024/1729523707_0_0.png" alt="Past Year Chart" />

<h3>Evaluating AutoZone P/E in Comparison to Its Peers</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
Compared to the aggregate P/E ratio of 20.89 in the Specialty Retail industry, AutoZone Inc. has a higher P/E ratio of 21.28. Shareholders might be inclined to think that AutoZone Inc. might perform better than its industry group. It's also possible that the stock is overvalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1729523707_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

Intraday Update

Price Over Earnings Overview: AutoZone

Roth MKM analyst Scott Stember reinstates AutoZone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>) with a Buy and announces $3634 price target.

Price Target

Initiation

Analyst Ratings

Roth MKM Reinstates Buy on AutoZone, Announces $3634 Price Target

Neither Jordan&rsquo;s nor Guimaraes&rsquo; decision was related to any disagreement with the Company on any matter relating to its operations, policies or practices, the company said.

Management

Bryan Jordan And Enderson Guimaraes Decide Not To Stand For Reelection To AutoZone Board At 2024 Annual Meeting Of Stockholders - Filing

Truist Securities analyst Scot Ciccarelli maintains AutoZone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>) with a Buy and raises the price target from $3341 to $3501.

Truist Securities Maintains Buy on AutoZone, Raises Price Target to $3501

Whales with a lot of money to spend have taken a noticeably bullish stance on AutoZone.
Looking at options history for AutoZone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>) we detected 10 trades.
If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 40% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $146,390 and 6, calls, for a total amount of $317,255.
<h3>What's The Price Target?</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $2260.0 and $3100.0 for AutoZone, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for AutoZone's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of AutoZone's whale activity within a strike price range from $2260.0 to $3100.0 in the last 30 days. 
<h3>AutoZone Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728496857_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AZO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$919.1</td>
<td>$906.1</td>
<td>$919.1</td>
<td>$2260.00</td>
<td>$91.9K</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>AZO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$324.7</td>
<td>$308.0</td>
<td>$321.0</td>
<td>$2800.00</td>
<td>$64.2K</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
</tr>
<tr>
<td>AZO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$97.9</td>
<td>$94.0</td>
<td>$94.05</td>
<td>$3050.00</td>
<td>$56.4K</td>
<td style="text-align: right;">18</td>
<td style="text-align: right;">6</td>
</tr>
<tr>
<td>AZO</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>03/21/25</td>
<td>$556.2</td>
<td>$542.0</td>
<td>$550.0</td>
<td>$2700.00</td>
<td>$55.0K</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>AZO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$408.0</td>
<td>$394.0</td>
<td>$394.0</td>
<td>$2800.00</td>
<td>$39.4K</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
</tr>
</tbody>
</table>

<h3>About AutoZone</h3>
AutoZone operates as a leading retailer of aftermarket automotive parts in the United States. The firm operates over 6,300 stores domestically, serving both the do-it-yourself and commercial (do-it-for-me) end markets. Through its vast store footprint and distribution network, AutoZone manages a wide array of stock-keeping units applicable to numerous vehicle makes and models, providing its consumers with ample product availability. The firm drives traffic by providing superior and convenient customer service as AutoZone's team of knowledgeable staff assists consumers with diagnosing a vehicle's problem, selecting the necessary part for replacement, and in some instances, installation. The company also operates internationally, with over 750 stores in Mexico and more than 100 in Brazil.
In light of the recent options history for AutoZone, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Present Market Standing of AutoZone</h3>
<ul>
<li>Currently trading with a volume of 40,861, the AZO's price is up by 1.23%, now at $3140.21. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 55 days.</li>
</ul>
<h3>What The Experts Say On AutoZone</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $3350.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Guggenheim has decided to maintain their Buy rating on AutoZone, which currently sits at a price target of $3350. 
&#x2A; Maintaining their stance, an analyst from Mizuho continues to hold a Outperform rating for AutoZone, targeting a price of $3350. 
&#x2A; An analyst from Citigroup has decided to maintain their Buy rating on AutoZone, which currently sits at a price target of $3500. 
&#x2A; Consistent in their evaluation, an analyst from Evercore ISI Group keeps a Outperform rating on AutoZone with a target price of $3350. 
&#x2A; Reflecting concerns, an analyst from Wedbush lowers its rating to Outperform with a new price target of $3200.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for AutoZone with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

AutoZone Unusual Options Activity

AutoZone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>) has outperformed the market over the past 15 years by 10.78% on an annualized basis producing an average annual return of 22.56%. Currently, AutoZone has a market capitalization of $51.81 billion. 
Buying $100 In AZO: If an investor had bought $100 of AZO stock 15 years ago, it would be worth $2,112.94 today based on a price of $3061.01 for AZO at the time of writing.
<h3>AutoZone's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728316810_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Evercore ISI Group analyst Greg Melich maintains AutoZone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>) with a Outperform and raises the price target from $3300 to $3350.

Evercore ISI Group Maintains Outperform on AutoZone, Raises Price Target to $3350

The International Longshoremen's Association (ILA)<a href="https://www.benzinga.com/news/24/09/40906726/us-port-strike-in-october-could-lead-to-major-supply-chain-disruptions-says-container-trade-expert"> initiated a strike earlier this week amid ongoing negotiations</a> regarding wage increases and protections against automation and AI. The strike, if prolonged, could lead to supply constraints which may cause prices to rise, economists warn. These are the sectors that could be the most impacted by the strike:
Food and Beverage: The dozen or so U.S. ports affected by the strike import nearly $100 million a month of beverages and vinegar, according to a <a href="https://www.washingtonpost.com/business/2024/10/02/port-strike-shortages-food-cars-alcohol/">report</a> from the Washington Post. According to the American Farm Bureau Federation via the Washington Post, 80% of all imported beer, whiskey, scotch and more come through the ports will be impacted by the strike.
Constellation Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>), the maker of Modelo, is one of the companies that imports the most beer to the U.S., although Constellation may be able to avoid disruptions caused by the port through ground transportation from Mexico. Heineken NV (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HEINY#OTC">HEINY</a>) and other European beverage companies may feel more of the strike&#8217;s affects. Read Also: <a href="https://www.benzinga.com/news/24/10/41111978/dockworkers-strike-will-it-impact-your-holiday-shopping">Dockworkers Strike: Will It Impact Your Holiday Shopping? </a><a href="https://www.benzinga.com/news/24/10/41111978/dockworkers-strike-will-it-impact-your-holiday-shopping"> </a>Automotive And Car Parts: One of the most impacted sectors from the longshoremen strike is expected to be the automotive and car parts space. According to the Washington Post, the U.S. ports import more than half a billion dollars worth of cars and car parts every month. The auto industry already saw disruptions in its supply chain earlier this year when the Francis Scott Key bridge collapsed in Baltimore, hindering shipments through one of the country's largest ports. Companies that rely on importing car parts, such as AutoZone Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>) and O'Reilly Automotive Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORLY#NASDAQ">ORLY</a>), could also see operations disrupted by the strike. Construction: Machinery and construction equipment account for more than $670 million in monthly imports through the dozen or so impacted ports, according to the Washington Post. Homebuilders such as DR Horton Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHI#NYSE">DHI</a>), Lennar Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEN#NYSE">LEN</a>) and others could see operations delayed if the strike is prolonged. Overall, the strike could lead to price increases and supply constraints across multiple sectors if it persists beyond a couple of weeks. In addition to the strike, flooding and storm damage from Hurricane Helene could also disrupt supply chain operations in North Carolina and other southeastern states. Keep Reading: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41122944/east-coast-dockworkers-strike-how-labor-dispute-impacts-economy-logistics-companies">East Coast Dockworkers Strike: How Labor Dispute Impacts Economy, Logistics Companies</a>
Photo: Engin Akyurt from Pixabay.<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41122944/east-coast-dockworkers-strike-how-labor-dispute-impacts-economy-logistics-companies"> </a><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41122944/east-coast-dockworkers-strike-how-labor-dispute-impacts-economy-logistics-companies"> </a>

Global

General

HEINY

ORLY

Beer Shortage Ahead? 3 Products That Will Be Most Impacted By Port Strike

When companies announce their quarterly earnings results, they can often get sucked into the market&#39;s price action for that day, especially if other news or economic data come in to trump the importance of the quarterly release for that stock. That is the case today with shares of AutoZone Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/azo#NYSE">AZO</a>), as the company reported its latest quarterly results on a day when U.S. consumer confidence readings fell the most in three years.
This is bearish for the broader S&amp;P 500, despite whatever positive news or developments might have helped AutoZone stock&#39;s potential upside and valuation. However, investors today can take a second look inside the company&#39;s quarterly release to realize this could be a safer stock during the new business cycle than most had thought.
The trend becomes especially clear when AutoZone is compared to competitors like Advance Auto Parts Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aap#NYSE">AAP</a>) and O&#39;Reilly Automotive Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/orly#NASDAQ">ORLY</a>). Before investors dig deeper into the factors making AutoZone stock a potentially better pick against peers, they need to understand what is happening industry-wide to help meet the demand for vehicle parts and maintenance in the coming months.
<h2>Unpacking the Trends: What&#39;s Really Happening in the Car Industry and Among Consumers?</h2>
As inflation took a significant amount of buying power out of consumers&#39; hands, credit card balances rose, bringing delinquency rates along with them. The thing is, late payments didn&#39;t stop at the credit card level; car notes were next.
According to a study, car repossessions have increased in the past 12 months by up to 23%. Considering this negative trend, investors can assume that the new car market is suffering as much (if not more). If the market is going to be focused on the used vehicle market instead, it makes sense that parts and maintenance demand may be on the rise.
The market understands this trend is going to happen, which is why they have bid up the price of AutoZone stock to 92% of its 52-week high, along with O&#39;Reilly&#39;s 96% level. This environment, however, seems to favor the large-cap automotive stocks, as Advance Auto Parts stock is down to 46% of its 52-week high, being the smallest of the group.
It could be due to the ability to scale and manage inventory more easily, making it easier to adjust for demand, but the fact remains that O&#39;Reilly and AutoZone could benefit the most from this new trend. The question now becomes which of the two makes for a better pick in the coming quarters.
<h2>Markets Favor AutoZone Following Its Strong Recent Quarter</h2>
AutoZone management realizes that the trend favoring its business could be just getting started.&nbsp;That&#39;s why investors will notice in the&nbsp;quarterly press release that up to a million shares were bought back from the open marketplace.
Stock buybacks typically mean management believes the stock is cheap enough to buy and that the coming months might carry more upside than potential risks in the instrument. But that wasn&#39;t the only hint management gave markets about the future of AutoZone&#39;s business.
Over the past 12 months, AutoZone opened as many as 117 new stores across the United States, Mexico, and Brazil. This compares to the net 96 new stores opened during the same period last year, a sign of increasing demand expectations in the coming months.
Management isn&#39;t the only one with high expectations from AutoZone, though. Even bearish traders decided to stay away from the company, as the stock&#39;s short interest declined by as much as 6.5% over the past month to show bearish capitulation.
On the other hand, short interest for O&#39;Reilly rose during the month by an aggressive&nbsp;19.5%. This makes it clear that AutoZone has the better sentiment from both management and traders. Wall Street analysts would also agree that AutoZone stock is the potential winner.
A consensus price target of $1,144 a share would only call for a 1.7% upside in O&#39;Reilly stock. Analysts at Evercore now see a valuation of up to $3,350 for AutoZone stock, calling for a much more attractive upside of 11% from where the stock trades today.
More than that, up to $8.5 billion of institutional capital made its way into AutoZone stock, with Marshfield Associates leading the way with a 0.2% boost in holdings as of August 2024. This may not seem like much on a percentage basis, but it did bring their net investment up to $500.3 million today, or nearly 1% ownership in the company.
The article &quot;<a href="https://www.marketbeat.com/stock-ideas/why-autozone-stock-could-be-your-next-top-performer/">Why AutoZone Stock Could Be Your Next Top Performer</a>&quot; first appeared on MarketBeat.

Earnings

Large Cap

Mid Cap

Buybacks

Why AutoZone Stock Could Be Your Next Top Performer

DA Davidson analyst Michael Baker maintains AutoZone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>) with a Neutral and maintains $3025 price target.

DA Davidson Maintains Neutral on AutoZone, Maintains $3025 Price Target

AutoZone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>) has outperformed the market over the past 20 years by 12.03% on an annualized basis producing an average annual return of 20.45%. Currently, AutoZone has a market capitalization of $53.98 billion. 
Buying $100 In AZO: If an investor had bought $100 of AZO stock 20 years ago, it would be worth $4,139.84 today based on a price of $3189.33 for AZO at the time of writing.
<h3>AutoZone's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727451050_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In AutoZone 20 Years Ago Would Be Worth This Much Today

Citigroup analyst Steven Zaccone maintains AutoZone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>) with a Buy and lowers the price target from $3787 to $3500.

Citigroup Maintains Buy on AutoZone, Lowers Price Target to $3500

WIIM

AutoZone shares are trading higher after multiple analysts raised their price targets on the stock following Tuesday's earnings report. The stock fell on Tuesday but has rebounded on Wednesday.

Guggenheim analyst Steven Forbes maintains AutoZone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>) with a Buy and raises the price target from $3225 to $3350.

Guggenheim Maintains Buy on AutoZone, Raises Price Target to $3350

Mizuho analyst David Bellinger maintains AutoZone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>) with a Outperform and raises the price target from $3280 to $3350.

Mizuho Maintains Outperform on AutoZone, Raises Price Target to $3350

UBS analyst Michael Lasser maintains AutoZone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>) with a Buy and raises the price target from $3340 to $3500.

UBS Maintains Buy on AutoZone, Raises Price Target to $3500

STOCK RISES QUICKLY AFTER THE SIGNAL AT 10:17 AM AND HITS THE HIGH OF THE DAY AT 10:55 AM EDT
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="769" height="771" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/24235141/Screen-Shot-2024-09-24-at-7.50.22-PM.png" alt="" class="wp-image-1447" style="width:624px" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/24235141/Screen-Shot-2024-09-24-at-7.50.22-PM.png 769w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/24235141/Screen-Shot-2024-09-24-at-7.50.22-PM-300x300.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/24235141/Screen-Shot-2024-09-24-at-7.50.22-PM-150x150.png 150w" sizes="(max-width: 769px) 100vw, 769px" /></figure>
Today, TradePulse&#8217;s latest Power Inflow alert indicated institutional volume is coming into AutoZone Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>), signaling a shift from net selling to buying. This shift is a key indicator of rising investor confidence and the potential for an uptrend in AZO&#8217;s stock.
At 10:17 AM ET on SEPTEMBER 24th, AZO registered a Power Inflow at a price of $2987.80. Following this signal, the stock reached its high point at 10:55 AM EDT, climbing over 100 points ($3097.42) during the day, translating to an approximate increase of 3.7%. This alert is crucial for investors relying on order flow analytics, suggesting the beginning of an uptrend and presenting a valuable opportunity for those anticipating higher prices. Observers are now closely monitoring AZO for sustained positive momentum, viewing this as a bullish sign.
Understanding Power Inflow:
A Power Inflow is identified by a surge in buy orders over sell orders, typically occurring within the first one or two hours after the market opens. This phenomenon is observed in ten to twenty stocks daily, reflecting the initial strategies and reactions of large institutional investors. Analyzing the size, timing, and price of these transactions helps signal shifts in market sentiment and potential price changes. For those interested in monitoring more stocks exhibiting Power Inflows, visiting the TradePulse website provides comprehensive insights and updates on daily occurrences.
Importance of Power Inflow:
Power Inflows are crucial as they offer early indications of potential uptrends, enabling traders to act even before the market fully adjusts. Such a change is commonly viewed as a sign of larger inflows than retail is capable of producing, indicating institutional interest and a short-term uptrend in the stock. Although not always marking the lowest point, stocks tend to rise following a Power Inflow. This makes these signals especially valuable for identifying strategic entry points and planning short-term investments, as they provide an opportunity to capitalize on upward momentum ahead of wider market recognition.
Strategic Actions Following a Power Inflow:
After detecting a Power Inflow, traders should view it as a potential entry buying point but also confirm the trend with TradePulse's additional indicators such as Momentum, Daily, and Large Deal flows to ensure its strength and viability. Prompt action, combined with strategic stop-loss settings, can maximize returns and minimize risks. This comprehensive approach allows traders to make more informed decisions, optimizing their trading strategies in alignment with real-time market dynamics.
If you want to stay updated on the latest options trades for AutoZone Inc.,<a href="https://benzinga.grsm.io/register174"> Benzinga Pro</a> gives you real-time options trade alerts.&nbsp;<a href="https://benzinga.com/apis?_gl=1&#x2A;1hlgn5i&#x2A;_ga&#x2A;MTY1NjE2NTYxMi4xNzE0NzQ4MTAy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDc0ODEwMi4xLjEuMTcxNDc0ODQyOC4wLjAuMA..">Market News and Data are brought to you by Benzinga APIs</a> and include firms, like<a href="https://finitusa.com/en/"> Finit USA</a>, responsible for parts of the data within this article.
After Market Close UPDATE:
The price at the time of the Power Inflow was $2987.80. The returns on the High price ($3097.42) and Close price ($3049.98) after the Power Inflow were respectively 3.7% and 2.0%. That is why it is important to have a trading plan that includes Profit Targets and Stop Losses that reflect your risk appetite. 
Past Performance is Not Indicative of Future Results

Tradepulse Power Inflow Alert: Autozone Inc. Climbs Over 100 Points After Signal

AutoZone's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>) short percent of float has risen 3.2% since its last report. The company recently reported that it has 436 thousand shares sold short, which is 2.9% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.28 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>AutoZone Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727278212_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for AutoZone has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing AutoZone's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, AutoZone's peer group average for short interest as a percentage of float is 11.58%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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