S&P 500   3,977.53
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QQQ   308.76
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Want Diversified Exposure in the Regional Banks? Try These ETFs
S&P 500   3,977.53
DOW   32,432.08
QQQ   308.76
Should You Buy Before the Ex-Dividend Date or Wait?
Biden To Unleash "Choke Point" Operation On America? (Ad)
Dividends, Short-Term Pain, but Long-Term Gain?
Can Carnival Cruise Lines Set Sail For New Highs? 
Biden To Unleash "Choke Point" Operation On America? (Ad)
BioNTech Is Ripe For A Rebound In 2023 
If Safety is Your Concern, Then Take a Look at Sandy Spring Bank
Biden To Unleash "Choke Point" Operation On America? (Ad)
Sanofi, Regeneron Shares Pop On Big News About COPD Treatment
Want Diversified Exposure in the Regional Banks? Try These ETFs
S&P 500   3,977.53
DOW   32,432.08
QQQ   308.76
Should You Buy Before the Ex-Dividend Date or Wait?
Biden To Unleash "Choke Point" Operation On America? (Ad)
Dividends, Short-Term Pain, but Long-Term Gain?
Can Carnival Cruise Lines Set Sail For New Highs? 
Biden To Unleash "Choke Point" Operation On America? (Ad)
BioNTech Is Ripe For A Rebound In 2023 
If Safety is Your Concern, Then Take a Look at Sandy Spring Bank
Biden To Unleash "Choke Point" Operation On America? (Ad)
Sanofi, Regeneron Shares Pop On Big News About COPD Treatment
Want Diversified Exposure in the Regional Banks? Try These ETFs
S&P 500   3,977.53
DOW   32,432.08
QQQ   308.76
Should You Buy Before the Ex-Dividend Date or Wait?
Biden To Unleash "Choke Point" Operation On America? (Ad)
Dividends, Short-Term Pain, but Long-Term Gain?
Can Carnival Cruise Lines Set Sail For New Highs? 
Biden To Unleash "Choke Point" Operation On America? (Ad)
BioNTech Is Ripe For A Rebound In 2023 
If Safety is Your Concern, Then Take a Look at Sandy Spring Bank
Biden To Unleash "Choke Point" Operation On America? (Ad)
Sanofi, Regeneron Shares Pop On Big News About COPD Treatment
Want Diversified Exposure in the Regional Banks? Try These ETFs
NYSE:AAP

Advance Auto Parts - AAP Stock Forecast, Price & News

$114.74
+3.91 (+3.53%)
(As of 03/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$111.95
$115.79
50-Day Range
$110.83
$156.84
52-Week Range
$109.05
$231.43
Volume
1.73 million shs
Average Volume
1.36 million shs
Market Capitalization
$6.80 billion
P/E Ratio
13.87
Dividend Yield
5.23%
Price Target
$166.89

Advance Auto Parts MarketRank™ Forecast

Analyst Rating
Hold
2.24 Rating Score
Upside/​Downside
45.4% Upside
$166.89 Price Target
Short Interest
Healthy
5.89% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.79
Upright™ Environmental Score
News Sentiment
0.87mentions of Advance Auto Parts in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.83%
From $10.64 to $11.58 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.27 out of 5 stars

Retail/Wholesale Sector

7th out of 210 stocks

Auto & Home Supply Stores Industry

1st out of 6 stocks


AAP stock logo

About Advance Auto Parts (NYSE:AAP) Stock

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: 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.

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AAP Stock News Headlines

Dividend King Genuine Parts Company Upgraded On Profit Guidance (AAP)
Genuine Parts Company is getting upgraded on a new long term outlook that calls for above-consensus growth and improved profitability.
Advance Auto Parts, The Case For Upside and Dividends
The same used car market dynamics that brought on troubles for Carvana may be the opportunity of the decade for Advance Auto Parts in its latest push for profit
My No. 1 dividend stock for a LIFETIME of income.
Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century!  I think it's a crying shame folks don't know how powerful dividends are.
My No. 1 dividend stock for a LIFETIME of income.
Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century!  I think it's a crying shame folks don't know how powerful dividends are.
Where Will Advance Auto Parts Stock Be In 4 Years?
Why Advance Auto Parts Shares Are Surging Today
Advance Auto Parts CEO Tom Greco to retire
Advance Auto Parts Guides FY23 EPS Below Estimates - Update
See More Headlines
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AAP Company Calendar

Ex-Dividend for 1/3 Dividend
12/15/2022
Dividend Payable
1/03/2023
Last Earnings
2/28/2023
Today
3/28/2023
Ex-Dividend for 4/28 Dividend
4/13/2023
Dividend Payable
4/28/2023
Next Earnings (Estimated)
5/22/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Auto & home supply stores
Sub-Industry
Automotive Retail
CUSIP
00751Y10
Employees
67,000
Year Founded
1932

Price Target and Rating

Average Stock Price Forecast
$166.89
High Stock Price Forecast
$259.00
Low Stock Price Forecast
$140.00
Forecasted Upside/Downside
+45.4%
Consensus Rating
Hold
Rating Score (0-4)
2.24
Research Coverage
17 Analysts

Profitability

Net Income
$501.87 million
Pretax Margin
5.82%

Debt

Sales & Book Value

Annual Sales
$11.15 billion
Cash Flow
$18.51 per share
Book Value
$44.55 per share

Miscellaneous

Free Float
59,037,000
Market Cap
$6.80 billion
Optionable
Not Optionable
Beta
1.12

Social Links


Key Executives

  • Thomas R. Greco
    President, Chief Executive Officer & Director
  • Jeff Shepherd
    Chief Financial Officer & Executive Vice President
  • Sri Donthi
    Chief Technology Officer & Executive VP
  • Tammy Moss FinleyTammy Moss Finley
    Secretary, Executive VP & General Counsel
  • Natalie S. SchechtmanNatalie S. Schechtman
    Chief Human Resources Officer & Executive VP













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 twelve months. There are currently 1 sell rating, 12 hold ratings, 3 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 analysts have issued twelve-month price targets for Advance Auto Parts' stock. Their AAP share price forecasts range from $140.00 to $259.00. On average, they anticipate the company's share price to reach $166.89 in the next twelve months. This suggests a possible upside of 45.4% 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 22.0% and is now trading at $114.74.
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 Monday, May 22nd 2023.
View our AAP earnings forecast
.

How were Advance Auto Parts' earnings last quarter?

Advance Auto Parts, Inc. (NYSE:AAP) announced its quarterly earnings results on Tuesday, February, 28th. The company reported $2.88 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.41 by $0.47. The firm had revenue of $2.47 billion for the quarter, compared to analysts' expectations 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%. Advance Auto Parts's revenue was up 3.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.07 earnings per share.
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 paid a dividend of $1.50 per share on Friday, April 28th. This represents a $6.00 annualized dividend and a yield of 5.23%. The ex-dividend date of this dividend is Thursday, April 13th.
Read our dividend analysis for AAP
.

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 5.40%. 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 51.81% 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 EPS guidance of $10.20-$11.20 for the period, compared to the consensus earnings per share 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 a variety of institutional and retail investors. Top institutional investors include Clearbridge Investments LLC (4.25%), Barrow Hanley Mewhinney & Strauss LLC (3.71%), American Century Companies Inc. (2.46%), Geode Capital Management LLC (2.12%), Artisan Partners Limited Partnership (1.82%) and Morgan Stanley (1.49%). 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 $114.74.

How much money does Advance Auto Parts make?

Advance Auto Parts (NYSE:AAP) has a market capitalization of $6.80 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 3/28/2023 by MarketBeat.com Staff