AutoZone (AZO) - basic shares outstanding (2024)

FAQs

How many shares outstanding does azo have? ›

Number of shares outstanding as of May 2024 : 17,319,000.

Investors can find the total number of outstanding shares a company has on its balance sheet. Outstanding shares can also be used to calculate some key financial metrics, including a company's market cap and its earnings per share.

The number of shares outstanding can be computed as either basic or fully diluted. The basic number of shares outstanding is simply the current number of shares available on the secondary market.

AutoZone has a consensus rating of Strong Buy which is based on 16 buy ratings, 3 hold ratings and 0 sell ratings. The average price target for AutoZone is $3,223.56. This is based on 19 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

A company's shares outstanding are the total number of shares issued by a company. They are actively held by stockholders—both outside investors and corporate insiders, such as the company's management team and other employees.

The number of shares outstanding for a company is equal to the number of shares issued minus the number of shares held in the company's treasury.

Average Basic Shares Outstanding are the average number of current shares in company's stock outstanding over the reporting period, before accounting for the effects of dilution from events like exercises of employee options, convertible bonds, and so forth.

Here are a couple of ways you can calculate or find the number of outstanding shares: From the Company's Financial Reports: The number of outstanding shares is often listed in the equity section of a company's balance sheet, which is included in its annual report (10-K) and quarterly reports (10-Q).

The market capitalization method

If you know the market cap of a company and its share price, then figuring out the number of outstanding shares is easy. Just take the market capitalization figure and divide it by the share price. The result is the number of shares on which the market capitalization number was based.

The diluted number of shares outstanding is always used to calculate market capitalization. Diluted shares outstanding is the basic shares outstanding plus any net new shares added as if all dilutive contracts were exercised.

Is it better to have more or less shares outstanding? ›

Increasing the number of shares (all other things being equal) could mean that the shareholders are being diluted. On the contrary, decreasing the number of shares could mean that the shareholders are being concentrated. Though in general, dilution is bad while concentration is good, things are rarely that simple.

Issued shares are the total shares issued by the Company. Whereas outstanding shares are the shares with the shareholders, i.e., it does not include the shares repurchased by the Company. Thus, subtracting treasury shares from the issued shares will give outstanding shares. Issued shares include shares held in treasury.

AutoZone stock was trading higher after the auto-parts retailer blew past quarterly estimates. For the fiscal second quarter ended Feb. 10, AutoZone reported earnings per share of $28.89, beating Wall Street's call for $26.30, according to FactSet.

AutoZone stock (symbol: AZO) underwent a total of 2 stock splits. The most recent stock split occured on April 21st, 1994.

According to analysts, AZO price target is 3305.23 USD with a max estimate of 3600.00 USD and a min estimate of 2600.00 USD.

Largest shareholders include Vanguard Group Inc, Jpmorgan Chase & Co, BlackRock Inc., State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Fiera Capital Corp, VFINX - Vanguard 500 Index Fund Investor Shares, Fmr Llc, Royal Bank Of Canada, and Geode Capital Management, Llc . AutoZone, Inc.

Vodafone Idea, Yes Bank and IOB are the stocks with maximum number of equity shares trading in the Indian stock market where Yes Bank has the large number of shareholders. In the vast world of stocks, some companies stand out for their sheer number of outstanding shares.

AutoZone stock (symbol: AZO) underwent a total of 2 stock splits. The most recent stock split occured on April 21st, 1994.

Largest shareholders include Mitsubishi Ufj Financial Group Inc, State Street Corp, Vanguard Group Inc, BlackRock Inc., Jpmorgan Chase & Co, Wellington Management Group Llp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Capital International Investors, ...