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See what the IHS Markit Score report has to say about Autozone Inc.

IHS Markit

Autozone Inc

NYSE:AZO

Score: Positive (93)

1 day at current score.

Upgraded from Neutral on September 13th 2018

View full report here!

Summary


  • This company ranked positively in 3 out of 4 IHS Markit Categories and also compared to the Consumer Services sector
  • Perception of the company's creditworthiness is positive
  • ETFs holding this stock are seeing positive inflows
  • Bearish sentiment is low
  • Economic output for the sector is expanding but at a slower rate


Bearish sentiment

Short interest | Positive

Short interest is extremely low for AZO with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting AZO.

Money flow

ETF/Index ownership | Positive

ETF activity is positive. Over the last month, ETFs holding AZO are favorable, with net inflows of $10.27 billion. Additionally, the rate of inflows is increasing.

Economic sentiment

PMI by IHS Markit | Negative

According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is very weak relative to the trend shown over the past year, and has continued to ease. However, the rate of expansion may accelerate in the coming months.

Credit worthiness

Credit default swap | Positive

The current level displays a positive indicator. AZO credit default swap spreads are near the lowest level of the last one year and indicate improvement in the market's perception of the company's credit worthiness.

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