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AZO · NYSE · STOCK

AutoZone (AZO) Stock Analysis

Consumer Cyclical Updated August 25, 2026
$3,007.59
52W $2902.20 – $4388.11
50/100
$49.13B
20.2
0.34
AI Committee Verdict
Watch
50/100
Conviction: Contested · 50% agreement · 6 analysts
+1.4%
-0.8%
1.83:1
Contested

Is AZO Bullish or Bearish?

Mixed. Innellis AI committee rates AutoZone (AZO) Watch with a composite score of 50/100 , based on 6 analysts with 50% agreement. Last updated August 25, 2026.

What Would Change This View

Upgrade to Buy
Requires a committee score of 60.0 — +10.06 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Reduce
Requires the score to fall below 40.0 — -9.94 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The committee is genuinely divided. Macro Analyst sees a compelling case. Risk Analyst remains cautious — high leverage (debt-to-equity 9.80) amplifies downside in a stress scenario. This disagreement is itself the signal — the setup is not clean in either direction.

Bull & Bear Case

Bull Case
  • ROE of 249.3% shows genuine earnings power backing the valuation — Value
  • Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
Bear Case
  • Price-to-book of 38.1x prices in significant intangible value — Value
  • Debt-to-equity of 9.80 adds balance-sheet risk to the value case — Value
  • EPS declining -1.7% YoY despite any revenue growth — Growth
  • Price structure making lower highs and lower lows — Technical
  • MACD histogram negative -- bearish momentum — Technical
  • Trend and market structure agree -- coherent bearish picture — Technical
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of August 25, 2026
Overall Committee Score
50/100
Agreement
50%
Analysts
6
Conviction
Contested
Sector Rank
Top 88%
of 178 Consumer Cyclical peers
Value Analyst neutral
50 / 100 · High confidence
Fair value -- neither a bargain nor obviously overpriced
+ ROE of 249.3% shows genuine earnings power backing the valuation
− Price-to-book of 38.1x prices in significant intangible value
Growth Analyst neutral
48 / 100 · High confidence
Moderate growth -- present but not remarkable
+ Quarter-over-quarter growth rate is ACCELERATING, not just positive
− EPS declining -1.7% YoY despite any revenue growth
Technical Analyst neutral
42 / 100 · High confidence
Mixed or range-bound price action
− Price structure making lower highs and lower lows
Risk Analyst bearish
32 / 100 · Moderate confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− High leverage (debt-to-equity 9.80) amplifies downside in a stress scenario
Macro Analyst bullish
65 / 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst bullish
62 / 100 · Low confidence
News flow and recent filings/analyst actions are net positive
Portfolio Manager neutral
45 / 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 3063.01)
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Investment Thesis Evolution

Committee score moved marginally from 49.9 to 49.9.

Comparing 2026-08-24 to 2026-08-25 (1 day apart).

Technical Analysis

RSI (14)
46.2
Neutral
MACD Histogram
-5.375
Bearish Momentum
Trend Direction
Downtrend
Weekly: Sideways
Market Structure
Lh Ll
Support
$2984.02
Resistance
$3050.50
Bollinger %B
0.32
Inside Bands
Price vs Moving Averages
EMA 9
$3,017.58 Below
EMA 21
$3,033.18 Below
EMA 50
$3,079.56 Below
EMA 200
$3,349.38 Below

Fundamental Analysis

Valuation
93
Growth
74
Profitability
60
Financial Health
54
Cash Flow
70
Valuation
P/E Ratio 20.2×
P/B Ratio -17.80×
PEG Ratio -11.64
Dividend Yield 0.00%
52W High $4388.11
52W Low $2902.20
Quality & Growth
ROE -7317.0%
ROA 1290.7%
Gross Margin 5175.4%
Operating Margin 1802.5%
Revenue Growth YoY
Debt / Equity -4.54
AI Fundamental Assessment
P/E ratio of 20.2 (inexpensive relative to a 15-40x range); Price-to-book of -17.8x; PEG ratio of -11.6 (under 1.0 suggests growth is undervalued relative to price); Return on equity of -73.2%; Return on assets of 12.9%; Net margin of 12.4%; Gross margin of 51.8%; Current ratio of 0.89 (tight short-term liquidity); Debt-to-equity of -4.54; Free cash flow per share is positive (99.18); Most recent quarter beat estimates by 3.9%; 2 consecutive earnings beats; EPS growth accelerating (-11.0% -> +37.8% QoQ); Analyst estimates rising over recent quarters
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