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Advance Auto Parts Inc (AAP)
NYSE:AAP
Holding AAP?
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AAP Stock Chart & Stats
Day’s Range― - ―
52-Week Range$35.59 - $88.56
Previous CloseN/A
Volume402.40K
Average Volume (3M)1.89M
Market Cap
$2.73B
Enterprise Value$5.65B
Total Cash (Recent Filing)$135.18M
Total Debt (Recent Filing)$1.04B
Price to Earnings (P/E)62.8
Beta0.88
Next Earnings
Feb 26, 2025EPS Estimate
-1.31Last Dividend Ex-Date
Jan 10, 2025Dividend Yield2.19%
Share Statistics
EPS (TTM)0.73
Shares Outstanding59,734,512
10 Day Avg. Volume1,780,608
30 Day Avg. Volume1,891,939
Standard Deviation0.13
R-Squared0.22
Alpha-0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.26
Price to Cash Flow (P/CF)9.70
P/FCF Ratio20.80
Enterprise Value/Market Cap2.07
Enterprise Value/Revenue0.53
Enterprise Value/Gross Profit1.25
Enterprise Value/Ebitda25.13
Forecast
1Y Price Target
$46.87Price Target Upside2.09% Upside
Rating ConsensusHold
Number of Analyst Covering18
Advance Auto Parts News
PremiumCompany Announcements
Advance Auto Parts Appoints New Chief Accounting Officer
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAAP has a substantial working capital cushion of over $1.2B with more than $4B in capacity, indicating strong liquidity to manage payables.
Industry DynamicsLong-term industry trends are favorable, with an aging car park driving increased demand for maintenance and repairs.
Management And StrategyAdvance is in the early stages of a major restructuring/turnaround under the guidance of new management.
Bears Say
Financial PerformanceMoody’s downgraded AAP’s credit rating to Ba1 from Baa3, indicating a perceived increase in risk associated with the company's financial stability.
Market PositionAAP continues to experience underperformance compared to larger peers, pressured by one-time headwinds and a challenging macro environment.
Operational ChallengesAAP will close ~700 stores, about 15% of its remaining store base, indicating significant restructuring challenges.
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Ownership Overview
0.68% Insiders
40.80% Mutual Funds
0.19% Other Institutional Investors
32.94% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Advance Auto Parts
Desktop Users
Mobile Users
AAP FAQ
What was Advance Auto Parts Inc’s price range in the past 12 months?
Advance Auto Parts Inc lowest stock price was $35.59 and its highest was $88.56 in the past 12 months.
What is Advance Auto Parts Inc’s market cap?
Advance Auto Parts Inc’s market cap is $2.73B.
When is Advance Auto Parts Inc’s upcoming earnings report date?
Advance Auto Parts Inc’s upcoming earnings report date is Feb 26, 2025 which is in 36 days.
How were Advance Auto Parts Inc’s earnings last quarter?
Advance Auto Parts Inc released its earnings results on Nov 14, 2024. The company reported -$0.1 earnings per share for the quarter, missing the consensus estimate of $0.496 by -$0.596.
Is Advance Auto Parts Inc overvalued?
According to Wall Street analysts Advance Auto Parts Inc’s price is currently Undervalued.
Does Advance Auto Parts Inc pay dividends?
Advance Auto Parts Inc pays a Quarterly dividend of $1 which represents an annual dividend yield of 2.19%. See more information on Advance Auto Parts Inc dividends here
What is Advance Auto Parts Inc’s EPS estimate?
Advance Auto Parts Inc’s EPS estimate is -1.31.
How many shares outstanding does Advance Auto Parts Inc have?
Advance Auto Parts Inc has 59,734,512 shares outstanding.
What happened to Advance Auto Parts Inc’s price movement after its last earnings report?
Advance Auto Parts Inc reported an EPS of -$0.1 in its last earnings report, missing expectations of $0.496. Following the earnings report the stock price went up 0.614%.
Which hedge fund is a major shareholder of Advance Auto Parts Inc?
Among the largest hedge funds holding Advance Auto Parts Inc’s share is Pzena Investment Management LLC. It holds Advance Auto Parts Inc’s shares valued at 113M.
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Advance Auto Parts Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$46.87 (2.09% Upside)
$46.87 (2.09% Upside)
Blogger Sentiment
Bullish
AAP Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 2.4M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $91.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.6%
Last 30 Days ▲ 1.8%
Last 30 Days ▲ 1.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-23.30%
12-Months-Change
Fundamentals
Return on Equity
0.93%
Trailing 12-Months
Asset Growth
1.79%
Trailing 12-Months
Company Description
Advance Auto Parts Inc
Advance Auto Parts, Inc. engages in the supply and distribution of aftermarket automotive products for both professional installers and do-it-yourself customers. It operates through the following segments: Northern Division, Southern Division, Carquest Canada, Independents and Worldpac. Advance Auto Parts offers replacement parts, performance parts, accessories, oil and fluids, engine parts, brakes, batteries, accessories, and tools and garage. The company was founded by Arthur Taubman in 1929 and is headquartered in Raleigh, NC.
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AAP Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted the successful sale of Worldpac, a strategic plan for margin improvement, and resilience in the Pro segment. However, the company faced significant challenges with declining sales, store closures, and macroeconomic headwinds affecting performance.Read More>---
AAP Stock 12 Month Forecast
Average Price Target
$46.87
▲(2.09% Upside)
Technical Analysis
AutoZone
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CarParts.com Inc
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Best Analysts Covering AAP
1 Year
1 Year Success Rate
15/31 ratings generated profit
1 Year Average Return
+4.22%
reiterated a buy rating 2 months ago
Copying Seth Basham's trades and holding each position for 1 Year would result in 48.39% of your transactions generating a profit, with an average return of +4.22% per trade.
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