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

$151.05

-0.89 (-0.59 %)

(As of 01/19/2020 04:00 PM ET)

Add

Compare

Today's Range

$150.36

Now: $151.05▼

$152.08

50-Day Range

$145.26

MA: $155.59▼

$160.57

52-Week Range

$130.09

Now: $151.05▼

$182.56

Volume817,440 shs

Average Volume846,007 shs

Market Capitalization$10.46 billion

P/E Ratio24.36

Dividend Yield0.16%

Beta0.84

Advance Auto Parts, Inc provides automotive replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy duty trucks. The company 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. Read More…

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Auto & home supply stores

Sub-IndustryAutomotive Retail

SectorRetail/Wholesale

Current SymbolNYSE:AAP

Previous Symbol

CUSIP00751Y10

CIK1158449

Webhttp://www.advanceautoparts.com/

Phone540-362-4911

Debt

Debt-to-Equity Ratio0.79

Current Ratio1.31

Quick Ratio0.32

Price-To-Earnings

Trailing P/E Ratio24.36

Forward P/E Ratio19.05

P/E Growth1.56

Sales & Book Value

Annual Sales$9.58 billion

Price / Sales1.09

Cash Flow$10.45 per share

Price / Cash Flow14.46

Book Value$48.71 per share

Price / Book3.10

Profitability

EPS (Most Recent Fiscal Year)$7.13

Net Income$423.84 million

Net Margins4.58%

Return on Equity15.61%

Return on Assets5.23%

Miscellaneous

Employees71,000

Outstanding Shares69,260,000

Market Cap$10.46 billion

Next Earnings Date2/18/2020 (Estimated)

OptionableNot Optionable

Receive AAP News and Ratings via Email

Sign-up to receive the latest news and ratings for AAP and its competitors with MarketBeat's FREE daily newsletter.

(Ad)

2020 could be a monster year for cannabis stocks, especially with cannabis on many November ballots, and presidential candidates pushing for approval. In our latest special report, we detail five must-own cannabis stocks that could double, even triple your investment over the next year.

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 announced a quarterly dividend on Tuesday, November 12th. Stockholders of record on Friday, December 20th will be given a dividend of $0.06 per share on Friday, January 3rd. This represents a $0.24 annualized dividend and a dividend yield of 0.16%. The ex-dividend date is Thursday, December 19th. View Advance Auto Parts' Dividend History.

How will Advance Auto Parts' stock buyback program work?

Advance Auto Parts announced that its board has approved a stock buyback program on Tuesday, August 14th 2018, which permits the company to buyback $600,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 5.5% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's management believes its stock is undervalued.

How were Advance Auto Parts' earnings last quarter?

Advance Auto Parts, Inc. (NYSE:AAP) posted its quarterly earnings data on Tuesday, November, 12th. The company reported $2.10 EPS for the quarter, beating the consensus estimate of $2.05 by $0.05. The business had revenue of $2.31 billion for the quarter, compared to analysts' expectations of $2.30 billion. Advance Auto Parts had a net margin of 4.58% and a return on equity of 15.61%. The business's revenue was up 1.6% on a year-over-year basis. During the same quarter last year, the business posted $1.89 earnings per share. 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 Tuesday, February 18th 2020. View Earnings Estimates for Advance Auto Parts.

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

Advance Auto Parts updated its FY 2019 Pre-Market earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $$9.65-9.75 billion, compared to the consensus revenue estimate of $$9.72 billion.

What price target have analysts set for AAP?

16 analysts have issued 1-year price objectives for Advance Auto Parts' stock. Their forecasts range from $128.00 to $195.00. On average, they anticipate Advance Auto Parts' share price to reach $167.31 in the next year. This suggests a possible upside of 10.8% from the stock's current price. View Analyst Price Targets for Advance Auto Parts.

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

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Advance Auto Parts in the last year. There are currently 1 sell rating, 6 hold ratings and 9 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. Evercore ISI analysts commented, "We are trimming 2H19 EPS -$0.10/-3% ahead of 2Q results on Tuesday, as we incorporate recent labor inflation that has been widespread across retail. After choppy 2Q results are released, the setup for AAP starts to improve. Weather should normalize, and compares begin to ease on a 3 year basis next quarter, with 1Q20 comps more favorable still. Critically company specific comp and margin drivers ought to gain traction on a 12-18 month view, just as a rising 4-12 year old vehicle sweet spot helps provide a comp tailwind for AAP and peers. Tariffs remain a risk for all of retail, yet with 25% tariffs already in place on 90%+ of the auto parts imported from China today, AAP and peers are relatively well positioned on this front. 2Q expectations muted given read across from competitors. 2H19 guidance reduction likely." (8/13/2019)
2. According to Zacks Investment Research, "Advance Auto Parts focuses on expanding footprint by opening stores, widening online presence and strategic collaborations. It is also undertaking several initiatives to strengthen and streamline its supply chain to meet the evolving need of customers. It is also looking into store transformation and inventory positioning. The company has outlined a productivity pipeline for the future, which will include the removal of unnecessary costs. However, huge capital expenditure required for acquisition, store openings and investments to develop supply chain is a concern for Advance Auto Parts. For 2019, the company expects capital expenditure to be in the band of $250-$300 million. Other headwinds include the dependence on seasonality and weather conditions for sales and price competition among industry peers." (7/31/2019)

Has Advance Auto Parts been receiving favorable news coverage?

Media coverage about AAP stock has been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Advance Auto Parts earned a news impact score of -1.5 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Advance Auto Parts.

Are investors shorting Advance Auto Parts?

Advance Auto Parts saw a drop in short interest in the month of December. As of December 13th, there was short interest totalling 2,490,000 shares, a drop of 8.8% from the November 28th total of 2,730,000 shares. Based on an average trading volume of 977,700 shares, the days-to-cover ratio is presently 2.5 days. Approximately 3.6% of the shares of the company are short sold. View Advance Auto Parts' Current Options Chain.

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), CarMax (KMX), AutoNation (AN), Penske Automotive Group (PAG), Lithia Motors (LAD), Monro (MNRO), Asbury Automotive Group (ABG), Group 1 Automotive (GPI), PROSPECT CAPITAL 6.25 NTS (PBY), Sonic Automotive (SAH) and America's Car-Mart (CRMT).

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 AutoZone (AZO), NVIDIA (NVDA), Netflix (NFLX), Tesla (TSLA), PARKER DRILLING/SH PAR $ (PKD), O'Reilly Automotive (ORLY), Alibaba Group (BABA), Walmart (WMT), Starbucks (SBUX) and Rite Aid (RAD).

Who are Advance Auto Parts' key executives?

Advance Auto Parts' management team includes the folowing people:

Mr. Thomas R. Greco, Pres, CEO & Director (Age 61)
Mr. Jeffrey W. Shepherd, Exec. VP, CFO, Controller & Chief Accounting Officer (Age 46)
Mr. Robert B. Cushing, Exec. VP of Professional (Age 65)
Mr. Reuben E. Slone, Exec. VP of Supply Chain (Age 56)
Mr. Michael T. Broderick, Exec. VP of Merchandising & Store Operations Support (Age 50)

Who are Advance Auto Parts' major shareholders?

Advance Auto Parts' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Manning & Napier Group LLC (0.24%), Boston Trust Walden Corp (0.05%), State of Alaska Department of Revenue (0.05%), Nisa Investment Advisors LLC (0.02%), DNB Asset Management AS (0.02%) and We Are One Seven LLC (0.01%). Company insiders that own Advance Auto Parts stock include Fiona P Dias, John C Brouillard, Nigel Travis, Tammy M Finley and Thomas Greco. View Institutional Ownership Trends for Advance Auto Parts.

Which institutional investors are selling Advance Auto Parts stock?

AAP stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Assenagon Asset Management S.A., State of Alaska Department of Revenue, Boston Trust Walden Corp, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Manning & Napier Group LLC, Nisa Investment Advisors LLC and Raymond James Trust N.A.. View Insider Buying and Selling for Advance Auto Parts.

Which institutional investors are buying Advance Auto Parts stock?

AAP stock was acquired by a variety of institutional investors in the last quarter, including Tributary Capital Management LLC, Cerebellum GP LLC, 180 Wealth Advisors LLC, Diversified Trust Co, Allred Capital Management LLC, Huntington National Bank and First Hawaiian Bank. Company insiders that have bought Advance Auto Parts stock in the last two years include 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, Robinhood, Fidelity and Charles Schwab.

What is Advance Auto Parts' stock price today?

One share of AAP stock can currently be purchased for approximately $151.05.

How big of a company is Advance Auto Parts?

Advance Auto Parts has a market capitalization of $10.46 billion and generates $9.58 billion in revenue each year. The company earns $423.84 million in net income (profit) each year or $7.13 on an earnings per share basis. Advance Auto Parts employs 71,000 workers across the globe.View Additional Information About Advance Auto Parts.

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 2635 East Millbrook Road, Raleigh NC, 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 ( )
Outperform Votes:		803 (Vote Outperform)
Underperform Votes:		705 (Vote Underperform)
Total Votes:		1,508

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 1/19/2020 by MarketBeat.com Staff