NYSE:AAP - Advance Auto Parts Stock Price, News, & Analysis

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$179.21 +0.16 (+0.09 %)
(As of 11/19/2018 06:46 AM ET)
Previous Close$179.05
Today's Range$176.00 - $179.4945
52-Week Range$88.24 - $186.15
Volume876,056 shs
Average Volume1.40 million shs
Market Capitalization$13.06 billion
P/E Ratio33.37
Dividend Yield0.13%
Beta1.04
Advance Auto Parts, Inc. provides automotive replacement parts, batteries, accessories, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy duty trucks. It offers battery accessories, belts and hoses, brakes and brake pads, chassis and climate control parts, clutches and drive shafts, engines and engine parts, exhaust systems and parts, hub assemblies, ignition components and wires, radiators and cooling parts, starters and alternators, and steering and alignment parts. It also offers AC chemicals and accessories, air fresheners, antifreeze and washer fluids, electrical wires and fuses, electronics, hand and specialty tools, lighting products, performance parts, sealants, adhesives and compounds, tire repair accessories, vent shades, mirrors and exterior accessories, washes, waxes and cleaning supplies, wiper blades, floor mats, seat covers, and interior accessories. In addition, it offers air filters, fuel and oil additives, fuel filters, grease and lubricants, motor oils, oil filters, part cleaners and treatments, and transmission fluids for engine maintenance. Further, it offers battery and wiper installation, battery charging, check engine light reading, video clinic, oil and battery recycling, loaner tool program, and electrical system testing services. Additionally, it sells its products through its Website. It serves do-it-for-me and do-it-yourself customers, professional installers, and independently-owned operators. As of December 30, 2017, it operated 5,054 stores under Advance Auto Parts, Autopart International, and Carquest brand names; and 129 branches under the Worldpac brand name in the United States, Puerto Rico, the U.S. Virgin Islands, and Canada. It also served approximately 1,218 independently owned Carquest branded stores in Mexico, the Bahamas, Turks and Caicos, the British Virgin Islands, and the Pacific Islands. The company was founded in 1929 and is based in Roanoke, Virginia.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Auto & home supply stores
Sub-IndustryAutomotive Retail
SectorRetail/Wholesale
Current SymbolNYSE:AAP
Previous Symbol
CUSIP00751Y10
Phone540-362-4911

Debt

Debt-to-Equity Ratio0.29
Current Ratio1.62
Quick Ratio0.49

Price-To-Earnings

Trailing P/E Ratio33.37
Forward P/E Ratio25.28
P/E Growth1.94

Sales & Book Value

Annual Sales$9.37 billion
Price / Sales1.39
Cash Flow$8.7633 per share
Price / Cash20.45
Book Value$46.22 per share
Price / Book3.88

Profitability

EPS (Most Recent Fiscal Year)$5.37
Net Income$475.50 million
Net Margins5.83%
Return on Equity13.99%
Return on Assets5.72%

Miscellaneous

Employees71,000
Outstanding Shares72,890,000
Market Cap$13.06 billion
OptionableOptionable

Advance Auto Parts (NYSE:AAP) Frequently Asked Questions

What is Advance Auto Parts' stock symbol?

Advance Auto Parts trades on the New York Stock Exchange (NYSE) under the ticker symbol "AAP."

How often does Advance Auto Parts pay dividends? What is the dividend yield for Advance Auto Parts?

Advance Auto Parts declared a quarterly dividend on Wednesday, November 14th. Stockholders of record on Friday, December 21st will be given a dividend of $0.06 per share on Friday, January 4th. This represents a $0.24 annualized dividend and a dividend yield of 0.13%. The ex-dividend date of this dividend is Thursday, December 20th. View Advance Auto Parts' Dividend History.

How will Advance Auto Parts' stock buyback program work?

Advance Auto Parts declared that its Board of Directors has approved a stock buyback program on Tuesday, August 14th 2018, which authorizes the company to buyback $600,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 5.5% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board believes its stock is undervalued.

How were Advance Auto Parts' earnings last quarter?

Advance Auto Parts, Inc. (NYSE:AAP) issued its quarterly earnings results on Tuesday, November, 13th. The company reported $1.89 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.75 by $0.14. The business earned $2.28 billion during the quarter, compared to the consensus estimate of $2.23 billion. Advance Auto Parts had a net margin of 5.83% and a return on equity of 13.99%. The business's quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.43 EPS. View Advance Auto Parts' Earnings History.

When is Advance Auto Parts' next earnings date?

Advance Auto Parts is scheduled to release their next quarterly earnings announcement on Wednesday, February 20th 2019. View Earnings Estimates for Advance Auto Parts.

What guidance has Advance Auto Parts issued on next quarter's earnings?

Advance Auto Parts issued an update on its FY 2018 earnings guidance on Tuesday, November, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $9.55-9.6 billion, compared to the consensus revenue estimate of $9.49 billion.

What price target have analysts set for AAP?

17 analysts have issued 1 year price targets for Advance Auto Parts' stock. Their forecasts range from $114.00 to $222.00. On average, they expect Advance Auto Parts' stock price to reach $177.4375 in the next twelve months. This suggests that the stock has a possible downside of 1.0%. View Analyst Price Targets for Advance Auto Parts.

What is the consensus analysts' recommendation for Advance Auto Parts?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Advance Auto Parts in the last year. There are currently 7 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Advance Auto Parts.

What are Wall Street analysts saying about Advance Auto Parts stock?

Here are some recent quotes from research analysts about Advance Auto Parts stock:
  • 1. According to Zacks Investment Research, "In third-quarter 2018, Advance Auto Parts’ earnings and revenues came in higher than both the Zacks Consensus Estimate and the year-ago quarter figure. However, new store openings, acquisitions and investments are leading to increased capital expenses of the company. Moreover, price competition with peers and dependence on seasonality and weather conditions are concerns for the company. However, to meet the evolving need of the customers, Advance Auto Parts is streamlining its supply chain and is opting for store transformation and inventory positioning. Also, the company is undertaking five-year strategy by constructing a productivity pipeline for the future." (11/16/2018)
  • 2. Wells Fargo & Co analysts commented, "We are inclined to view the partnership favorably as it provides AAP with a new channel to expand its customer base with little incremental capital, while leveraging its vast and underutilized supply chain. We estimate AAP to have ~1% share of the $9­10B online auto parts market today, or well under­indexed vs. its ~6% share of the $160B total U.S. auto parts (DIY + DIFM) industry. We view this partnership as the first step towards AAP taking its fair share online, and see a $500M+ revenue opportunity (should AAP reach 6% online penetration). WMT’s national footprint of 3,500+ Supercenters could help AAP reach underpenetrated markets (i.e. West Coast) to help improve brand awareness, and add additional points of distribution for a vast and disparate supply chain." (10/16/2018)

Has Advance Auto Parts been receiving favorable news coverage?

Media coverage about AAP stock has trended positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Advance Auto Parts earned a news impact score of 2.3 on InfoTrie's scale. They also gave news articles about the company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an impact on the company's share price in the next few days.

Who are some of Advance Auto Parts' key competitors?

Some companies that are related to Advance Auto Parts include O'Reilly Automotive (ORLY), AutoZone (AZO), HALFORDS Grp PL/ADR (HLFDY), MarineMax (HZO) and U.S. Auto Parts Network (PRTS).

Who are Advance Auto Parts' key executives?

Advance Auto Parts' management team includes the folowing people:
  • Mr. Thomas R. Greco, Pres, CEO & Director (Age 60)
  • Mr. Jeffrey W. Shepherd, Exec. VP, CFO, Controller & Chief Accounting Officer (Age 45)
  • Ms. Tammy Moss Finley, Exec. VP, Gen. Counsel & Corp. Sec. (Age 51)
  • Mr. Robert B. Cushing, Exec. VP of Professional (Age 64)
  • Mr. Reuben E. Slone, Exec. VP of Supply Chain & Procurement (Age 55)

Who are Advance Auto Parts' major shareholders?

Advance Auto Parts' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.15%), Franklin Resources Inc. (3.97%), Neuberger Berman Group LLC (2.08%), American Century Companies Inc. (1.71%), Wells Fargo & Company MN (1.28%) and Bessemer Group Inc. (1.20%). Company insiders that own Advance Auto Parts stock include Adriana Karaboutis, Brad W Buss, Charles E Tyson, Eugene I Lee Jr, Jeffrey C Smith, John C Brouillard, Nigel Travis, Tammy M Finley, Thomas Greco and William Harrison Carter. View Institutional Ownership Trends for Advance Auto Parts.

Which major investors are selling Advance Auto Parts stock?

AAP stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., ACR Alpine Capital Research LLC, Kiltearn Partners LLP, Schroder Investment Management Group, American Century Companies Inc., Mackenzie Financial Corp, Thompson Siegel & Walmsley LLC and Teachers Advisors LLC. Company insiders that have sold Advance Auto Parts company stock in the last year include John C Brouillard and Tammy M Finley. View Insider Buying and Selling for Advance Auto Parts.

Which major investors are buying Advance Auto Parts stock?

AAP stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Frontier Capital Management Co. LLC, Smith Asset Management Group LP, Korea Investment CORP, AQR Capital Management LLC, Worldquant Millennium Quantitative Strategies LLC, Panagora Asset Management Inc. and TIAA CREF Investment Management LLC. Company insiders that have bought Advance Auto Parts stock in the last two years include Adriana Karaboutis, Brad W Buss, Eugene I Lee Jr, Jeffrey C Smith, Nigel Travis and Thomas Greco. View Insider Buying and Selling for Advance Auto Parts.

How do I buy shares of Advance Auto Parts?

Shares of AAP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Advance Auto Parts' stock price today?

One share of AAP stock can currently be purchased for approximately $179.21.

How big of a company is Advance Auto Parts?

Advance Auto Parts has a market capitalization of $13.06 billion and generates $9.37 billion in revenue each year. The company earns $475.50 million in net income (profit) each year or $5.37 on an earnings per share basis. Advance Auto Parts employs 71,000 workers across the globe.

What is Advance Auto Parts' official website?

The official website for Advance Auto Parts is http://www.advanceautoparts.com.

How can I contact Advance Auto Parts?

Advance Auto Parts' mailing address is 5008 Airport Road, Roanoke VA, 24012. The company can be reached via phone at 540-362-4911 or via email at [email protected]


MarketBeat Community Rating for Advance Auto Parts (NYSE AAP)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  714 (Vote Outperform)
Underperform Votes:  624 (Vote Underperform)
Total Votes:  1,338
MarketBeat's community ratings are surveys of what our community members think about Advance Auto Parts and other stocks. Vote "Outperform" if you believe AAP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AAP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/19/2018 by MarketBeat.com Staff

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