NYSE:AAP Advance Auto Parts (AAP) Stock Forecast, Price & News $112.15 +0.53 (+0.47%) (As of 05/26/2023 08:46 PM ET) Add Compare Share Share Today's Range$109.76▼$112.2050-Day Range$110.83▼$128.3752-Week Range$109.05▼$212.25Volume1.44 million shsAverage Volume1.23 million shsMarket Capitalization$6.65 billionP/E Ratio13.56Dividend Yield5.35%Price Target$153.65 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Advance Auto Parts MarketRank™ ForecastAnalyst RatingHold2.35 Rating ScoreUpside/Downside37.0% Upside$153.65 Price TargetShort InterestHealthy3.62% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-3.79Upright™ Environmental ScoreNews Sentiment0.55Based on 15 Articles This WeekInsider TradingN/AProj. Earnings Growth8.47%From $10.63 to $11.53 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.26 out of 5 starsRetail/Wholesale Sector8th out of 212 stocksAuto & Home Supply Stores Industry1st out of 6 stocks 4.2 Analyst's Opinion Consensus RatingAdvance Auto Parts has received a consensus rating of Hold. The company's average rating score is 2.35, and is based on 4 buy ratings, 12 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $153.65, Advance Auto Parts has a forecasted upside of 37.0% from its current price of $112.15.Amount of Analyst CoverageAdvance Auto Parts has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.62% of the float of Advance Auto Parts has been sold short.Short Interest Ratio / Days to CoverAdvance Auto Parts has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Advance Auto Parts has recently decreased by 1.39%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend LeadershipAdvance Auto Parts is a leading dividend payer. It pays a dividend yield of 5.35%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAdvance Auto Parts has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Advance Auto Parts is 72.55%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Advance Auto Parts will have a dividend payout ratio of 52.04% next year. This indicates that Advance Auto Parts will be able to sustain or increase its dividend. Previous Next 1.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAdvance Auto Parts has received a -45.96% net impact score from Upright. The largest negative impact of Advance Auto Parts in category "GHG emissions" seems to be driven mostly by its "Physical retail of auto parts at an auto parts store", "Physical retail of parts common to all road vehicles at an auto parts store", and "Physical retail of vehicle chemicals at an auto part store" products. See details.Environmental SustainabilityThe Environmental Impact score for Advance Auto Parts is -3.79. Previous Next 2.5 News and Social Media Coverage News SentimentAdvance Auto Parts has a news sentiment score of 0.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Advance Auto Parts this week, compared to 6 articles on an average week.Search InterestOnly 35 people have searched for AAP on MarketBeat in the last 30 days. This is a decrease of -26% compared to the previous 30 days.MarketBeat Follows12 people have added Advance Auto Parts to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Advance Auto Parts insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.63% of the stock of Advance Auto Parts is held by insiders.Percentage Held by Institutions96.04% of the stock of Advance Auto Parts is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Advance Auto Parts are expected to grow by 8.47% in the coming year, from $10.63 to $11.53 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Advance Auto Parts is 13.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.99.Price to Earnings Ratio vs. SectorThe P/E ratio of Advance Auto Parts is 13.56, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 28.84.Price to Earnings Growth RatioAdvance Auto Parts has a PEG Ratio of 0.93. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioAdvance Auto Parts has a P/B Ratio of 2.52. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Advance Auto Parts (NYSE:AAP) StockAdvance 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: Advance Auto Parts/Carquest U.S., Carquest Canada, Worldpac, and Independents. The company was founded by Arthur Taubman in 1929 and is headquartered in Raleigh, NC.Read More Receive AAP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Advance Auto Parts and its competitors with MarketBeat's FREE daily newsletter. Email Address AAP Stock News HeadlinesMay 23, 2023 | marketbeat.comAutoZone Reports Earnings Beat, Shares Fall, Outlook PositiveAutoZone shares are trading lower amid reports for the third quarter 2023 earnings figures. Despite being initially negative, there are other angles pointing upMay 29, 2023 | americanbankingnews.comAdvance Auto Parts (NYSE:AAP) Price Target Cut to $115.00May 29, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!May 24, 2023 | finance.yahoo.comEarnings Preview: Advance Auto Parts (AAP) Q1 Earnings Expected to DeclineMay 23, 2023 | finance.yahoo.comAutodrome Granby Wins Advance My Track Challenge, $50,000 from Advance Auto PartsMay 23, 2023 | msn.comAdvance Auto Parts: Shares Have Fallen Too FarMay 21, 2023 | americanbankingnews.comAdvance Auto Parts (NYSE:AAP) Price Target Cut to $126.00 by Analysts at CitigroupMay 20, 2023 | americanbankingnews.comAdvance Auto Parts (NYSE:AAP) Earns Buy Rating from Analysts at StockNews.comMay 29, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!May 17, 2023 | benzinga.comAdvance Auto Parts Unusual Options Activity For May 17May 17, 2023 | americanbankingnews.comAdvance Auto Parts (NYSE:AAP) PT Lowered to $125.00 at Wells Fargo & CompanyMay 16, 2023 | markets.businessinsider.comAnalysts Offer Insights on Consumer Goods Companies: Advance Auto Parts (AAP), Ethan Allen (ETD) and Home Depot (HD)May 15, 2023 | msn.comWells Fargo Maintains Advance Auto Parts (AAP) Equal-Weight RecommendationMay 12, 2023 | americanbankingnews.comAdvance Auto Parts, Inc. (NYSE:AAP) Given Average Recommendation of "Hold" by AnalystsMay 12, 2023 | msn.comMorgan Stanley Maintains Advance Auto Parts (AAP) Equal-Weight RecommendationMay 11, 2023 | finance.yahoo.comWhy Advance Auto Parts, Inc. (NYSE:AAP) Could Be Worth WatchingMay 10, 2023 | marketwatch.comAdvance Auto Parts Inc. stock rises Wednesday, still underperforms marketMay 10, 2023 | finance.yahoo.comAdvance Auto Parts Announces Dates for Its First Quarter 2023 Earnings Release and Conference CallMay 9, 2023 | marketwatch.comAdvance Auto Parts Inc. stock falls Tuesday, still outperforms marketMay 4, 2023 | marketwatch.comAdvance Auto Parts Inc. stock falls Thursday, underperforms marketMay 3, 2023 | marketwatch.comAdvance Auto Parts Inc. stock falls Wednesday, still outperforms marketMay 3, 2023 | americanbankingnews.comQ1 2023 EPS Estimates for Advance Auto Parts, Inc. Lifted by Analyst (NYSE:AAP)April 28, 2023 | marketwatch.comAdvance Auto Parts Inc. stock rises Friday, still underperforms marketApril 27, 2023 | seekingalpha.comAdvance Auto Parts: Retailers Are Facing HeadwindsApril 21, 2023 | americanbankingnews.comAdvance Auto Parts (NYSE:AAP) Price Target Raised to $145.00April 21, 2023 | americanbankingnews.comAdvance Auto Parts (NYSE:AAP) Sees Strong Trading Volume on Analyst UpgradeApril 20, 2023 | americanbankingnews.comRaymond James Cuts Advance Auto Parts (NYSE:AAP) Price Target to $160.00See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive AAP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Advance Auto Parts and its competitors with MarketBeat's FREE daily newsletter. Email Address AAP Company Calendar Last Earnings2/28/2023Ex-Dividend for 4/28 Dividend4/13/2023Dividend Payable4/28/2023Today5/28/2023Next Earnings (Confirmed)5/31/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Auto & home supply stores Sub-IndustryAutomotive Retail SectorRetail/Wholesale Current SymbolNYSE:AAP CUSIP00751Y10 CIK1158449 Webwww.advanceautoparts.com Phone(540) 362-4911Fax540-561-1448Employees67,000Year Founded1932Price Target and Rating Average Stock Price Forecast$153.65 High Stock Price Forecast$197.00 Low Stock Price Forecast$115.00 Forecasted Upside/Downside+37.0%Consensus RatingHold Rating Score (0-4)2.35 Research Coverage17 Analysts Profitability EPS (Most Recent Fiscal Year)$8.27 Trailing P/E Ratio13.56 Forward P/E Ratio10.55 P/E Growth0.93Net Income$501.87 million Net Margins4.50% Pretax Margin5.82% Return on Equity28.53% Return on Assets6.56% Debt Debt-to-Equity Ratio0.44 Current Ratio1.13 Quick Ratio0.21 Sales & Book Value Annual Sales$11.15 billion Price / Sales0.60 Cash Flow$17.89 per share Price / Cash Flow6.27 Book Value$44.55 per share Price / Book2.52Miscellaneous Outstanding Shares59,270,000Free Float58,901,000Market Cap$6.65 billion OptionableNot Optionable Beta1.10 Social Links Key ExecutivesThomas R. GrecoPresident, Chief Executive Officer & DirectorJeff ShepherdChief Financial Officer & Executive Vice PresidentSri DonthiChief Technology Officer & Executive VPTammy Moss FinleySecretary, Executive VP & General CounselNatalie S. SchechtmanChief Human Resources Officer & Executive VPKey CompetitorsGameStopNYSE:GMETempur Sealy InternationalNYSE:TPXLithia MotorsNYSE:LADWilliams-SonomaNYSE:WSMTexas RoadhouseNASDAQ:TXRHView All CompetitorsInstitutional OwnershipProShare Advisors LLCBought 1,235 shares on 5/26/2023Ownership: 0.014%Brandywine Global Investment Management LLCSold 132 shares on 5/25/2023Ownership: 0.143%Toroso Investments LLCBought 2,410 shares on 5/23/2023Ownership: 0.008%Capital Impact Advisors LLCSold 1,271 shares on 5/23/2023Ownership: 0.002%Ameriprise Financial Inc.Sold 104,059 shares on 5/22/2023Ownership: 0.256%View All Institutional Transactions AAP Stock - Frequently Asked Questions Should I buy or sell Advance Auto Parts stock right now? 17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Advance Auto Parts in the last year. There are currently 12 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" AAP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AAP, but not buy additional shares or sell existing shares. View AAP analyst ratings or view top-rated stocks. What is Advance Auto Parts' stock price forecast for 2023? 17 Wall Street research analysts have issued 1 year price objectives for Advance Auto Parts' shares. Their AAP share price forecasts range from $115.00 to $197.00. On average, they anticipate the company's share price to reach $153.65 in the next year. This suggests a possible upside of 37.0% from the stock's current price. View analysts price targets for AAP or view top-rated stocks among Wall Street analysts. How have AAP shares performed in 2023? Advance Auto Parts' stock was trading at $147.03 on January 1st, 2023. Since then, AAP shares have decreased by 23.7% and is now trading at $112.15. View the best growth stocks for 2023 here. When is Advance Auto Parts' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 31st 2023. View our AAP earnings forecast. How can I listen to Advance Auto Parts' earnings call? Advance Auto Parts will be holding an earnings conference call on Wednesday, May 31st at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Advance Auto Parts' earnings last quarter? Advance Auto Parts, Inc. (NYSE:AAP) issued its quarterly earnings data on Tuesday, February, 28th. The company reported $2.88 earnings per share for the quarter, topping the consensus estimate of $2.41 by $0.47. The business earned $2.47 billion during the quarter, compared to the consensus estimate of $2.42 billion. Advance Auto Parts had a net margin of 4.50% and a trailing twelve-month return on equity of 28.53%. The company's quarterly revenue was up 3.2% compared to the same quarter last year. During the same period in the prior year, the company posted $2.07 EPS. Read the conference call transcript. 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 Tuesday, February 21st. Shareholders of record on Friday, April 14th will be given a dividend of $1.50 per share on Friday, April 28th. This represents a $6.00 annualized dividend and a dividend yield of 5.35%. The ex-dividend date of this dividend is Thursday, April 13th. Read our dividend analysis for AAP. What ETFs hold Advance Auto Parts' stock? ETFs with the largest weight of Advance Auto Parts (NYSE:AAP) stock in their portfolio include 2ndVote Life Neutral Plus ETF (LYFE), Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD), Alpha Intelligent - Large Cap Value ETF (AILV), SPDR S&P Retail ETF (XRT), SPDR Portfolio S&P 500 High Dividend ETF (SPYD), Ballast Small/Mid Cap ETF (MGMT), Direxion Daily Retail Bull 3X Shares (RETL) and AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG). Is Advance Auto Parts a good dividend stock? Advance Auto Parts (NYSE:AAP) pays an annual dividend of $6.00 per share and currently has a dividend yield of 5.35%. AAP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 72.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AAP will have a dividend payout ratio of 52.04% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for AAP. What guidance has Advance Auto Parts issued on next quarter's earnings? Advance Auto Parts updated its FY 2023 earnings guidance on Tuesday, February, 28th. The company provided earnings per share (EPS) guidance of $10.20-$11.20 for the period, compared to the consensus EPS estimate of $12.53. The company issued revenue guidance of $11.40 billion-$11.60 billion, compared to the consensus revenue estimate of $11.33 billion. What is Thomas Greco's approval rating as Advance Auto Parts' CEO? 538 employees have rated Advance Auto Parts Chief Executive Officer Thomas Greco on Glassdoor.com. Thomas Greco has an approval rating of 63% among the company's employees. This puts Thomas Greco in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Advance Auto Parts own? Based on aggregate information from My MarketBeat watchlists, some companies that other Advance Auto Parts investors own include NVIDIA (NVDA), AutoZone (AZO), QUALCOMM (QCOM), Broadcom (AVGO), Boeing (BA), Netflix (NFLX), Walmart (WMT), Walt Disney (DIS), Johnson & Johnson (JNJ) and Micron Technology (MU). What is Advance Auto Parts' stock symbol? Advance Auto Parts trades on the New York Stock Exchange (NYSE) under the ticker symbol "AAP." Who are Advance Auto Parts' major shareholders? Advance Auto Parts' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (6.85%), State Street Corp (5.79%), Champlain Investment Partners LLC (2.62%), American Century Companies Inc. (2.41%), Charles Schwab Investment Management Inc. (2.31%) and Geode Capital Management LLC (2.15%). Insiders that own company stock include Andrew E Page, Carla Jean Bailo, Natalie Schechtman, Robert B Cushing and Tammy M Finley. View institutional ownership trends. How do I buy shares of Advance Auto Parts? Shares of AAP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Advance Auto Parts' stock price today? One share of AAP stock can currently be purchased for approximately $112.15. How much money does Advance Auto Parts make? Advance Auto Parts (NYSE:AAP) has a market capitalization of $6.65 billion and generates $11.15 billion in revenue each year. The company earns $501.87 million in net income (profit) each year or $8.27 on an earnings per share basis. How many employees does Advance Auto Parts have? The company employs 67,000 workers across the globe. How can I contact Advance Auto Parts? Advance Auto Parts' mailing address is 2635 East Millbrook Road, Raleigh NC, 24012. The official website for the company is www.advanceautoparts.com. The company can be reached via phone at (540) 362-4911, via email at invrelations@advanceautoparts.com, or via fax at 540-561-1448. This page (NYSE:AAP) was last updated on 5/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Advance Auto Parts, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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