S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
Biden's Plan to Confiscate Your Cash? (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Tailor an Options Trading Strategy to Fit Your Needs (Ad)pixel
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
Biden's Plan to Confiscate Your Cash? (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Tailor an Options Trading Strategy to Fit Your Needs (Ad)pixel
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
Biden's Plan to Confiscate Your Cash? (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Tailor an Options Trading Strategy to Fit Your Needs (Ad)pixel
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
Biden's Plan to Confiscate Your Cash? (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Tailor an Options Trading Strategy to Fit Your Needs (Ad)pixel
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
NYSE:AAP

Advance Auto Parts - AAP Stock Forecast, Price & News

$194.29
+0.87 (+0.45%)
(As of 08/8/2022 12:00 AM ET)
Add
Compare
Today's Range
$193.88
$197.00
50-Day Range
$165.45
$195.99
52-Week Range
$164.00
$244.55
Volume
491,915 shs
Average Volume
824,178 shs
Market Capitalization
$11.78 billion
P/E Ratio
21.64
Dividend Yield
3.10%
Price Target
$242.17

Advance Auto Parts MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.76 Rating Score
Upside/​Downside
24.6% Upside
$242.17 Price Target
Short Interest
Bearish
7.00% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.79
Upright™ Environmental Score
News Sentiment
-0.16mentions of Advance Auto Parts in the last 14 days
Based on 17 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.87%
From $13.68 to $15.44 Per Share

Overall MarketRank

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

2.23 out of 5 stars

Retail/Wholesale Sector

61st out of 261 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. 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. It also offers air conditioning chemicals and accessories; air fresheners; antifreeze and washer fluids; electrical wires and fuses; electronics; floor mats, seat covers, and interior accessories; 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; and wiper blades. In addition, the company 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; engine light scanning and checking; electrical system testing; video clinic; oil and battery recycling; and loaner tool program services. Additionally, the company sells its products through its website. It serves professional installers and do-it-yourself customers. The company operates stores under the Advance Auto Parts, Autopart International, and Carquest brands, as well as branches under the Worldpac name. As of April 23, 2022, it operated 4,687 stores and 311 branches in the United States, Puerto Rico, the U.S. Virgin Islands, and Canada; and served 1,318 independently owned Carquest branded stores in Mexico, Grand Cayman, the Bahamas, Turks and Caicos, and the British Virgin Islands. The company was founded in 1929 and is based in Raleigh, North Carolina.

Advance Auto Parts Trading Up 0.4 %

AAP opened at $194.29 on Tuesday. The firm's fifty day moving average is $183.71 and its two-hundred day moving average is $202.06. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.25 and a current ratio of 1.20. The firm has a market cap of $11.78 billion, a PE ratio of 21.64, a price-to-earnings-growth ratio of 1.12 and a beta of 1.22. Advance Auto Parts has a twelve month low of $164.00 and a twelve month high of $244.55.

Advance Auto Parts (NYSE:AAP - Get Rating) last posted its earnings results on Monday, May 23rd. The company reported $3.57 earnings per share for the quarter, topping the consensus estimate of $3.53 by $0.04. The company had revenue of $3.40 billion for the quarter, compared to analyst estimates of $3.39 billion. Advance Auto Parts had a net margin of 5.16% and a return on equity of 24.74%. The business's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period last year, the business posted $3.34 earnings per share. Equities research analysts anticipate that Advance Auto Parts will post 13.68 EPS for the current year.

Advance Auto Parts Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 1st. Shareholders of record on Friday, June 17th were issued a $1.50 dividend. The ex-dividend date was Thursday, June 16th. This represents a $6.00 annualized dividend and a yield of 3.09%. Advance Auto Parts's dividend payout ratio (DPR) is presently 66.82%.

Analyst Ratings Changes

Several research firms recently issued reports on AAP. Morgan Stanley dropped their price target on shares of Advance Auto Parts from $240.00 to $225.00 and set an "equal weight" rating for the company in a research report on Tuesday, May 24th. Royal Bank of Canada decreased their price objective on shares of Advance Auto Parts from $247.00 to $217.00 in a research note on Wednesday, May 25th. Wedbush decreased their price objective on shares of Advance Auto Parts from $270.00 to $215.00 and set an "outperform" rating on the stock in a research note on Tuesday, May 24th. MKM Partners initiated coverage on shares of Advance Auto Parts in a research note on Thursday, June 23rd. They set a "buy" rating and a $195.00 price objective on the stock. Finally, Citigroup decreased their price objective on shares of Advance Auto Parts from $294.00 to $250.00 in a research note on Friday, May 13th. Six analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Advance Auto Parts currently has a consensus rating of "Moderate Buy" and a consensus price target of $242.17.

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.

AAP Stock News Headlines

Advance Auto Parts (NYSE:AAP) Downgraded by StockNews.com
Advance Auto Parts (AAP) Trading Report
The Battle Of The Auto Parts Chains
Advance Auto Parts goes ex-dividend tomorrow
3 Must-Own Auto Parts Stocks
See More Headlines
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.

AAP Company Calendar

Last Earnings
5/23/2022
Ex-Dividend for 7/1 Dividend
6/16/2022
Dividend Payable
7/01/2022
Today
8/08/2022
Next Earnings (Estimated)
8/23/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Auto & home supply stores
Sub-Industry
Automotive Retail
CUSIP
00751Y10
Employees
68,000
Year Founded
1932

Price Target and Rating

Average Stock Price Forecast
$242.17
High Stock Price Forecast
$282.00
Low Stock Price Forecast
$195.00
Forecasted Upside/Downside
+24.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.76
Research Coverage
17 Analysts

Profitability

Net Income
$616.11 million
Pretax Margin
6.73%

Debt

Sales & Book Value

Annual Sales
$11.00 billion
Cash Flow
$16.68 per share
Book Value
$50.17 per share

Miscellaneous

Free Float
60,355,000
Market Cap
$11.78 billion
Optionable
Not Optionable
Beta
1.22

Social Links


Key Executives

  • Mr. Thomas R. Greco (Age 64)
    Pres, CEO & Director
    Comp: $4.05M
  • Mr. Jeffrey W. Shepherd (Age 49)
    Exec. VP & CFO
    Comp: $1.89M
  • Mr. Jason B. McDonell (Age 47)
    Exec. VP of Merchandising, Marketing & E-Commerce
    Comp: $1.47M
  • Mr. Robert B. Cushing (Age 68)
    Exec. VP of Professional
    Comp: $1.68M
  • Mr. Reuben E. Slone (Age 59)
    Exec. VP of Supply Chain
    Comp: $1.75M
  • Mr. Carlos A. Saladrigas CPA (Age 73)
    Co-Founder and Chief Exec. Officer of Regis HR
  • Mr. William J. Pellicciotti Jr. (Age 42)
    Sr. VP, Controller & Chief Accounting Officer
  • Mr. Sri Donthi (Age 55)
    Exec. VP & CTO
  • Ms. Elisabeth Eisleben
    Sr. VP of Communications, Investor Relations, & Community Affairs
  • Ms. Tammy Moss Finley (Age 55)
    Exec. VP, Gen. Counsel & Corp. Sec.













AAP Stock - Frequently Asked Questions

Should I buy or sell Advance Auto Parts stock right now?

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Advance Auto Parts in the last twelve months. There are currently 5 hold ratings, 11 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AAP shares.
View AAP analyst ratings
or view top-rated stocks.

What is Advance Auto Parts' stock price forecast for 2022?

17 brokers have issued 1-year target prices for Advance Auto Parts' shares. Their AAP share price forecasts range from $195.00 to $282.00. On average, they anticipate the company's share price to reach $242.17 in the next year. This suggests a possible upside of 24.6% from the stock's current price.
View analysts price targets for AAP
or view top-rated stocks among Wall Street analysts.

How has Advance Auto Parts' stock performed in 2022?

Advance Auto Parts' stock was trading at $239.88 at the beginning of 2022. Since then, AAP stock has decreased by 19.0% and is now trading at $194.29.
View the best growth stocks for 2022 here
.

Are investors shorting Advance Auto Parts?

Advance Auto Parts saw a increase in short interest in July. As of July 15th, there was short interest totaling 4,220,000 shares, an increase of 21.3% from the June 30th total of 3,480,000 shares. Based on an average daily trading volume, of 845,800 shares, the short-interest ratio is presently 5.0 days. Approximately 7.0% of the shares of the stock are short sold.
View Advance Auto Parts' Short Interest
.

When is Advance Auto Parts' next earnings date?

Advance Auto Parts is scheduled to release its next quarterly earnings announcement on Tuesday, August 23rd 2022.
View our AAP earnings forecast
.

How were Advance Auto Parts' earnings last quarter?

Advance Auto Parts, Inc. (NYSE:AAP) released its quarterly earnings results on Monday, May, 23rd. The company reported $3.57 EPS for the quarter, beating analysts' consensus estimates of $3.53 by $0.04. The firm earned $3.40 billion during the quarter, compared to the consensus estimate of $3.39 billion. Advance Auto Parts had a net margin of 5.16% and a trailing twelve-month return on equity of 24.74%. The business's quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $3.34 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, May 31st. Shareholders of record on Friday, June 17th will be given a dividend of $1.50 per share on Friday, July 1st. This represents a $6.00 annualized dividend and a yield of 3.09%. The ex-dividend date of this dividend is Thursday, June 16th.
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 3.10%. 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 66.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AAP will have a dividend payout ratio of 38.86% 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 issued an update on its FY 2022 earnings guidance on Monday, June, 20th. The company provided earnings per share guidance of $13.30-$13.85 for the period, compared to the consensus estimate of $13.70. The company issued revenue guidance of $11.20 billion-$11.50 billion, compared to the consensus revenue estimate of $11.40 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 retail and institutional investors. Top institutional investors include River Road Asset Management LLC (1.53%), Scharf Investments LLC (1.36%), Ceredex Value Advisors LLC (1.05%), Allen Investment Management LLC (0.92%), Frontier Capital Management Co. LLC (0.56%) and Ardevora Asset Management LLP (0.47%). 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 $194.29.

How much money does Advance Auto Parts make?

Advance Auto Parts (NYSE:AAP) has a market capitalization of $11.78 billion and generates $11.00 billion in revenue each year. The company earns $616.11 million in net income (profit) each year or $8.98 on an earnings per share basis.

How many employees does Advance Auto Parts have?

Advance Auto Parts employs 68,000 workers across the globe.

When was Advance Auto Parts founded?

Advance Auto Parts was founded in 1932.

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 8/9/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.