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.
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Industry, Sector and Symbol
Industry Auto & home supply stores
Sub-IndustryAutomotive Retail
SectorN/A
WebN/A
PhoneN/A
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$9.58 billion
Profitability
Miscellaneous
Employees71,000
Next Earnings Date2/18/2020 (Confirmed)
OptionableNot Optionable
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 paid a dividend of $0.06 per share on Friday, January 3rd. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.18%. The ex-dividend date of this dividend is Thursday, December 19th. 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 authorized a share repurchase program on Tuesday, August 14th 2018, which permits the company to repurchase $600,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 5.5% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's leadership believes its shares are 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 analysts' consensus estimates 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% compared to the same quarter last year. During the same period in the prior year, the company earned $1.89 EPS. View Advance Auto Parts' Earnings History.
When is Advance Auto Parts' next earnings date?
How can I listen to Advance Auto Parts' earnings call?
Advance Auto Parts will be holding an earnings conference call on Tuesday, February 18th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
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 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?
17 brokers have issued 1 year price objectives for Advance Auto Parts' shares. Their forecasts range from $128.00 to $195.00. On average, they expect Advance Auto Parts' share price to reach $164.57 in the next twelve months. This suggests a possible upside of 23.2% from the stock's current price. 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 1 sell rating, 7 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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 headlines about AAP stock have been trending neutral this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Advance Auto Parts earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. 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 January. As of January 31st, there was short interest totalling 2,210,000 shares, a drop of 8.3% from the January 15th total of 2,410,000 shares. Based on an average daily volume of 1,040,000 shares, the days-to-cover ratio is presently 2.1 days. Approximately 3.2% of the company's stock are sold short. 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 AutoZone (AZO), AutoNation (AN), Asbury Automotive Group (ABG), PROSPECT CAPITAL 6.25 NTS (PBY), America's Car-Mart (CRMT), CarMax (KMX), Group 1 Automotive (GPI), Lithia Motors (LAD), Monro (MNRO), O'Reilly Automotive (ORLY), Penske Automotive Group (PAG) and Sonic Automotive (SAH).
What other stocks do shareholders of Advance Auto Parts own?
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 institutional and retail investors. Top institutional investors include Barrow Hanley Mewhinney & Strauss LLC (5.58%), State Street Corp (4.72%), Artisan Partners Limited Partnership (2.42%), Allen Investment Management LLC (1.77%), Champlain Investment Partners LLC (1.67%) and Bank of America Corp DE (1.64%). 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 Barrow Hanley Mewhinney & Strauss LLC, Schroder Investment Management Group, Caisse DE Depot ET Placement DU Quebec, Goldman Sachs Group Inc., Panagora Asset Management Inc., Diamond Hill Capital Management Inc., AQR Capital Management LLC and State Street Corp. 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 Bank of America Corp DE, William Blair Investment Management LLC, Alyeska Investment Group L.P., Bank of Montreal Can, MUFG Securities EMEA plc, Jennison Associates LLC, Point72 Asset Management L.P. and Mackay Shields LLC. 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 $133.59.
How big of a company is Advance Auto Parts?
Advance Auto Parts has a market capitalization of $9.25 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.
MarketBeat Community Rating for Advance Auto Parts (NYSE AAP)
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.
