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

Sign in or create an account to add this stock to your watchlist.
$167.06 -4.12 (-2.41 %)
(As of 11/12/2018 04:00 PM ET)
Previous Close$171.18
Today's Range$166.19 - $170.90
52-Week Range$80.46 - $174.71
Volume1.52 million shs
Average Volume1.14 million shs
Market Capitalization$12.68 billion
P/E Ratio31.11
Dividend Yield0.14%
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.

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.

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 Ratio1.63
Quick Ratio0.48

Price-To-Earnings

Trailing P/E Ratio31.11
Forward P/E Ratio23.93
P/E Growth1.99

Sales & Book Value

Annual Sales$9.37 billion
Price / Sales1.32
Cash Flow$8.5496 per share
Price / Cash19.54
Book Value$46.22 per share
Price / Book3.61

Profitability

EPS (Most Recent Fiscal Year)$5.37
Net Income$475.50 million
Net Margins5.68%
Return on Equity13.43%
Return on Assets5.41%

Miscellaneous

Employees71,000
Outstanding Shares74,080,000
Market Cap$12.68 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 Tuesday, August 14th. Stockholders of record on Friday, September 21st will be given a dividend of $0.06 per share on Friday, October 5th. This represents a $0.24 annualized dividend and a dividend yield of 0.14%. The ex-dividend date is Thursday, September 20th. View Advance Auto Parts' Dividend History.

How will Advance Auto Parts' stock buyback program work?

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

How were Advance Auto Parts' earnings last quarter?

Advance Auto Parts, Inc. (NYSE:AAP) released its quarterly earnings results on Tuesday, August, 14th. The company reported $1.97 earnings per share for the quarter, topping analysts' consensus estimates of $1.86 by $0.11. The business had revenue of $2.33 billion for the quarter, compared to analysts' expectations of $2.26 billion. Advance Auto Parts had a return on equity of 13.43% and a net margin of 5.68%. Advance Auto Parts's revenue was up 2.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.48 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 Tuesday, November 13th 2018. View Earnings Estimates for Advance Auto Parts.

How can I listen to Advance Auto Parts' earnings call?

Advance Auto Parts will be holding an earnings conference call on Tuesday, November 13th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8448775989.

What price target have analysts set for AAP?

19 Wall Street analysts have issued twelve-month price objectives for Advance Auto Parts' shares. Their forecasts range from $85.00 to $205.00. On average, they anticipate Advance Auto Parts' stock price to reach $154.5882 in the next year. This suggests that the stock has a possible downside of 7.5%. View Analyst Price Targets for Advance Auto Parts.

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

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Advance Auto Parts in the last year. There are currently 8 hold ratings and 11 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. 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)
  • 2. According to Zacks Investment Research, "Advance Auto Parts is focusing to expand its footprint by opening stores, widening online presence and collaborations. Further, 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, its past investments and reduction in material costs are driving the company’s gross margin. It has also outlined a five-year strategy to remove unnecessary costs up to $750 million within a span of four to five years. In the last three months, shares of the company have outperformed the industry it belongs to. However, huge capital expenditure and price competition are concerns for Advance Auto Parts." (8/9/2018)

Has Advance Auto Parts been receiving favorable news coverage?

News articles about AAP stock have been trending negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Advance Auto Parts earned a news impact score of -2.6 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 7.0 out of 10, indicating that recent news coverage is likely to have an impact on the stock's share price in the next several 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 many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.15%), American Century Companies Inc. (1.71%), Wells Fargo & Company MN (1.28%), Bessemer Group Inc. (1.20%), Allen Investment Management LLC (1.13%) and Bank of New York Mellon Corp (1.09%). 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 American Century Companies Inc., Thompson Siegel & Walmsley LLC, Oppenheimer Asset Management Inc., Jennison Associates LLC, Wells Fargo & Company MN, Global Thematic Partners LLC, Coronation Fund Managers Ltd. and River Road Asset Management 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 acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Frontier Capital Management Co. LLC, Smith Asset Management Group LP, Robeco Institutional Asset Management B.V., Robeco Institutional Asset Management B.V., Columbus Circle Investors, Prudential Financial Inc. and Todd Asset 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 $167.06.

How big of a company is Advance Auto Parts?

Advance Auto Parts has a market capitalization of $12.68 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:  707 (Vote Outperform)
Underperform Votes:  618 (Vote Underperform)
Total Votes:  1,325
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 11/12/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel