Luis Nieto - AutoZone Independent Director

AZO Stock  USD 3,193  1.31  0.04%   

Director

Mr. Luis P. Nieto, Jr. serves as an Independent Director of the Company. He is president of Nieto Advisory LLC which provides advisory services to small consumer food companies. He was president of the Consumer Foods Group of ConAgra Foods Inc., one of the largest packaged foods companies in North America, from 2008 until his retirement in June 2009. Previously, he was president of ConAgra Refrigerated Foods from 2006 to 2008 and ConAgra Meats from 2005 to 2006. Prior to joining ConAgra, Mr. Nieto was President and Chief Executive Officer of the Federated Group, a leading private label supplier to the retail grocery and foodservice industries from 2002 to 2005. From 2000 to 2002, he served as President of the National Refrigerated Products Group of Dean Foods Company. He held other positions at Dean Foods Group from 1998 to 2000. Prior to joining Dean Foods, Mr. Nieto held positions in brand management and strategic planning with Mission Foods, Kraft Foods and the Quaker Oats Company since 2008.
Age 62
Tenure 16 years
Address 123 South Front Street, Memphis, TN, United States, 38103
Phone901 495 6500
Webhttps://www.autozone.com
Nieto is also a director of Ryder Systems, Inc. Experience, Skills and Qualifications: The Board believes Mr. Nieto is qualified to serve as a director of the Company based on his expertise in brand management and marketing, including experience managing a diverse portfolio of brands and products, as well as his knowledge of finance and operations, his executive management experience, his owner orientation and his board experience, as well as his integrity, energy, and willingness to spend time on and interest in AutoZone.

AutoZone Management Efficiency

The company has Return on Asset of 0.1423 % which means that on every $100 spent on assets, it made $0.1423 of profit. This is way below average. AutoZone's management efficiency ratios could be used to measure how well AutoZone manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of March 2024, Return On Capital Employed is likely to drop to 0.33. In addition to that, Return On Assets is likely to drop to 0.10. At this time, AutoZone's Asset Turnover is very stable compared to the past year.
The company has 2.92 B in debt. AutoZone has a current ratio of 0.75, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist AutoZone until it has trouble settling it off, either with new capital or with free cash flow. So, AutoZone'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 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's use of debt, we should always consider it together with cash and equity.

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AutoZone, Inc. retails and distributes automotive replacement parts and accessories. The company was founded in 1979 and is based in Memphis, Tennessee. Autozone operates under Specialty Retail classification in the United States and is traded on New York Stock Exchange. It employs 69440 people. AutoZone (AZO) is traded on New York Stock Exchange in USA. It is located in 123 South Front Street, Memphis, TN, United States, 38103 and employs 71,400 people. AutoZone is listed under Automotive Retail category by Fama And French industry classification.

Management Performance

AutoZone Leadership Team

Elected by the shareholders, the AutoZone's board of directors comprises two types of representatives: AutoZone inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AutoZone. The board's role is to monitor AutoZone's management team and ensure that shareholders' interests are well served. AutoZone's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, AutoZone's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael Womack, Senior Vice President - Human Resources
Michael Calbert, Independent Director
Domingo Rodrguez, Senior Satisfaction
Brian Hannasch, Director
James Griffith, Senior Vice President - Store Operations
Enderson Guimaraes, Independent Director
Ronald Griffin, Senior Vice President and Chief Information Officer, Customer Satisfaction
Richard Smith, Senior Vice President – Human Resources, Customer Satisfaction
Mark Finestone, Executive Vice President – Merchandising, Supply Chain and Marketing, Customer Satisfaction
Bryan Jordan, Independent Director
Jamere Jackson, Chief Financial Officer, Executive Vice President - Finance and Store Development, Customer Satisfaction
Grant Mcgee, Senior Vice President – Commercial, Customer Satisfaction
Albert Saltiel, Senior Vice President – Marketing and E-Commerce, Customer Satisfaction
David Jordan, Independent Director
Jill Soltau, Independent Director
Philip III, President CEO
Charlie III, Accounting Finance
Earl Graves, Lead Independent Director
Philip Daniele, Executive Vice President – Merchandising, Supply Chain and Marketing, Customer Satisfaction
Domingo Hurtado, Senior Vice President - International, Customer Satisfaction
Eric Gould, Executive Vice President – International, Information Technology and ALLDATA, Customer Satisfaction
Larry Roesel, Sr. VP of Commercial - Customer Satisfaction
William Graves, Executive VP of Mexico, Brazil, IMC and Store Devel.
Kristen Wright, Senior Vice President – General Counsel & Secretary, Customer Satisfaction
Preston Frazer, Executive Vice President – Store Operations, Commercial and Loss Prevention, Customer Satisfaction
William Hackney, Senior Vice President – Merchandising, Customer Satisfaction
William III, President, Chairman
Andrew McKenna, Independent Director
Douglas Brooks, Independent Director
Linda Goodspeed, Independent Director
Thomas Newbern, Executive Vice President – Store Operations, Commercial, Loss Prevention and ALLDATA, Customer Satisfaction
Joseph Hyde, Independent Director
William McKenna, Independent Director
Seong Ohm, Senior Vice President - Merchandising, Customer Satisfaction
William Giles, Chief Financial Officer and Executive Vice President – Finance, Information Technology and Store Development, Customer Satisfaction
Rodney Halsell, Senior Vice President - Supply Chain
Gale King, Independent Director
K Borninkhof, Senior Vice President and Chief Information Officer, Customer Satisfaction
Luis Nieto, Independent Director
William Rhodes, Chairman of the Board, President, Chief Executive Officer
Sue Gove, Independent Director
Michael George, Director
Jennifer Bedsole, General VP
Brian Campbell, Treasury Tax
John Murphy, VP Officer
George Mrkonic, Independent Director
Charlie Pleas, Senior Vice President and Controller, Customer Satisfaction
Mitchell Major, Senior Vice President – Supply Chain, Customer Satisfaction

AutoZone Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is AutoZone a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

AutoZone Investors Sentiment

The influence of AutoZone's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in AutoZone. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to AutoZone's public news can be used to forecast risks associated with an investment in AutoZone. The trend in average sentiment can be used to explain how an investor holding AutoZone can time the market purely based on public headlines and social activities around AutoZone. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
AutoZone's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for AutoZone's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average AutoZone's news discussions. The higher the estimated score, the more favorable is the investor's outlook on AutoZone.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AutoZone in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AutoZone's short interest history, or implied volatility extrapolated from AutoZone options trading.

Pair Trading with AutoZone

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AutoZone position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AutoZone will appreciate offsetting losses from the drop in the long position's value.

Moving together with AutoZone Stock

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Moving against AutoZone Stock

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The ability to find closely correlated positions to AutoZone could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AutoZone when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AutoZone - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AutoZone to buy it.
The correlation of AutoZone is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AutoZone moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AutoZone moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AutoZone can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether AutoZone offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AutoZone's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Autozone Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Autozone Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AutoZone. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in AutoZone Stock, please use our How to Invest in AutoZone guide.
Note that the AutoZone information on this page should be used as a complementary analysis to other AutoZone'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 the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Complementary Tools for AutoZone Stock analysis

When running AutoZone's price analysis, check to measure AutoZone'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 is operating at the current time. Most of AutoZone's value examination focuses on studying past and present price action to predict the probability of AutoZone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AutoZone's price. Additionally, you may evaluate how the addition of AutoZone to your portfolios can decrease your overall portfolio volatility.
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Is AutoZone's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AutoZone. If investors know AutoZone will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AutoZone listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.172
Earnings Share
141.7
Revenue Per Share
999.527
Quarterly Revenue Growth
0.046
Return On Assets
0.1423
The market value of AutoZone is measured differently than its book value, which is the value of AutoZone that is recorded on the company's balance sheet. Investors also form their own opinion of AutoZone's value that differs from its market value or its book value, called intrinsic value, which is AutoZone's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AutoZone's market value can be influenced by many factors that don't directly affect AutoZone's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AutoZone's value and its price as these two are different measures arrived at by different means. Investors typically determine if AutoZone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AutoZone's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.