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Advance Auto Parts Inc (AAP)
NYSE:AAP
Holding AAP?
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AAP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$35.59 - $88.56
Previous Close$37.9
Volume2.83M
Average Volume (3M)2.84M
Market Cap
$2.33B
Enterprise Value$5.81B
Total Cash (Recent Filing)$479.42M
Total Debt (Recent Filing)$3.96B
Price to Earnings (P/E)3360.3
Beta0.96
Next Earnings
Nov 14, 2024EPS Estimate
$0.52Last Dividend Ex-Date
Oct 11, 2024Dividend Yield2.56%
Share Statistics
EPS (TTM)0.01
Shares Outstanding59,674,284
10 Day Avg. Volume2,422,931
30 Day Avg. Volume2,843,759
Standard Deviation0.13
R-Squared0.23
Alpha-0.03
Financial Highlights & Ratios
Price to Book (P/B)0.89
Price to Sales (P/S)0.21
Price to Cash Flow (P/CF)6.80
P/FCF Ratio13.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.52
Enterprise Value/Gross Profit1.28
Enterprise Value/Ebitda26.63
Forecast
1Y Price Target
$54.23Price Target Upside43.09% Upside
Rating ConsensusHold
Number of Analyst Covering15
Advance Auto Parts News
PremiumCompany Announcements
Advance Auto Parts Streamlines with Worldpac Sale
Bulls Say, Bears Say
Bulls Say
Investment And Growth StrategyAAP plans to invest ~$200M of its $1.2B in Worldpac proceeds to fund supply chain, store/hub, pricing, and SG&A initiatives.
Market Position And CompetitivenessAAP upsized its price investments by $60 million to over $100 million on an annualized run-rate, positioning the company to be more competitive with close-in peers.
Restructuring And TurnaroundAdvance is in the early stages of a major restructuring/turnaround under the guidance of new management.
Bears Say
Consumer BehaviorManagement highlighted a softening consumer market and increasing deferrals, particularly impacting the DIY segment, leading to a weaker start to the third quarter.
Earnings OutlookShares of Advance sold off by more than 17% due to an underwhelming $1.2 billion of net proceeds from Worldpac's divestiture and a substantial FY24 earnings guide down of more than 40% at the midpoint.
Financial PerformanceThe core Advance Auto Parts business ran at a 0.4% EBIT margin rate last year and is currently running at 2.1%, which pales in comparison to the near 20% annual operating margin levels of leading players like AutoZone and O'Reilly.
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Ownership Overview
0.67% Insiders
41.64% Mutual Funds
10.26% Other Institutional Investors
21.49% 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?
Currently, no data Available
When is Advance Auto Parts Inc’s upcoming earnings report date?
Advance Auto Parts Inc’s upcoming earnings report date is Nov 14, 2024 which is in 5 days.
How were Advance Auto Parts Inc’s earnings last quarter?
Advance Auto Parts Inc released its earnings results on Aug 22, 2024. The company reported $0.75 earnings per share for the quarter, missing the consensus estimate of $0.92 by -$0.17.
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 Thriceyearly dividend of $0.25 which represents an annual dividend yield of 2.56%. 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 $0.52.
How many shares outstanding does Advance Auto Parts Inc have?
Advance Auto Parts Inc has 59,674,286 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 $0.75 in its last earnings report, missing expectations of $0.92. Following the earnings report the stock price went down -17.477%.
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 77M.
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Advance Auto Parts Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$54.23 (43.09% Upside)
$54.23 (43.09% Upside)
Blogger Sentiment
Bullish
AAP Sentiment 83%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 93.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 1.8%
Last 30 Days ▲ 3.4%
Last 30 Days ▲ 3.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-33.04%
12-Months-Change
Fundamentals
Return on Equity
0.05%
Trailing 12-Months
Asset Growth
-0.12%
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
Q2 2024
0:00 / 0:00
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AAP Stock 12 Month Forecast
Average Price Target
$54.23
▲(43.09% Upside)
Technical Analysis
Best Analysts Covering AAP
1 Year
1 Year Success Rate
12/29 ratings generated profit
1 Year Average Return
+3.19%
upgraded a buy rating 26 days ago
Copying Seth Basham's trades and holding each position for 1 Year would result in 41.38% of your transactions generating a profit, with an average return of +3.19% per trade.
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