Advance Auto Parts Company Profile (NYSE:AAP)

Advance Auto Parts trades on the New York Stock Exchange (NYSE) under the ticker symbol "AAP."

Advance Auto Parts declared a quarterly dividend on Tuesday, August 15th. Shareholders of record on Friday, September 22nd will be given a dividend of $0.06 per share on Friday, October 6th. This represents a $0.24 dividend on an annualized basis and a yield of 0.28%. The ex-dividend date of this dividend is Thursday, September 21st. View Advance Auto Parts' Dividend History.

Advance Auto Parts, Inc. (NYSE:AAP) posted its quarterly earnings data on Tuesday, August, 15th. The company reported $1.58 EPS for the quarter, missing the consensus estimate of $1.65 by $0.07. The company had revenue of $2.26 billion for the quarter, compared to the consensus estimate of $2.26 billion. Advance Auto Parts had a return on equity of 12.30% and a net margin of 3.85%. The firm's revenue for the quarter was up .3% on a year-over-year basis. During the same period in the prior year, the business earned $1.90 earnings per share. View Advance Auto Parts' Earnings History.

Advance Auto Parts is scheduled to release their next quarterly earnings announcement on Monday, November, 13th 2017. View Earnings Estimates for Advance Auto Parts.

21 equities research analysts have issued 12 month target prices for Advance Auto Parts' shares. Their forecasts range from $82.00 to $180.00. On average, they anticipate Advance Auto Parts' stock price to reach $118.84 in the next twelve months. View Analyst Ratings for Advance Auto Parts.

Here are some recent quotes from research analysts about Advance Auto Parts stock:

• 1. According to Zacks Investment Research, "The Zacks Consensus Estimate for Advance Auto Parts’ quarterly earnings has been going up of late. With its relentless focus on store expansions, the company is enhancing its profit. Further, it is also working towards the improvement of comparable store sales and margins, for the long term, which will help the company to expand its profit margin. However, severe competition, increased selling, general & administrative expenses are few concerns faced by the company. Also in the last six months, Advance Auto Parts’ shares have also underperformed in the industry it belongs." (10/17/2017)
• 2. BTIG Research analysts commented, "We are reducing our 1Q EPS estimate due to a number of factors, both company specific and industry-related. Our 1Q EPS estimate is now $2.37 vs. $2.52 prior. We are also lowering FY 2017 EPS estimate by $0.15 to $7.55 from $7.70, based on the following factors: 1) Supply chain costs remain elevated due to further inventory rationalization. AAP's AP:Inventory ratio remains well-below peers; 2) Productivity gains targeted could be more 2H weighted as internal capabilities will take time; Higher incentive comp may be a headwind in 2017, should AAP reach early stage goals ' we believe SGA will rise nearly 2% in 2017; 3) Miles driven for February and/or March could turn negative; and 4) Unseasonable weather in the NE recently ' above-average sales weeks ' could weigh on comps. We believe trends need to accelerate in April to reach our 1% comp est. We maintain our 2018 EPS estimate of $8.25 --$0.53 below consensus." (3/28/2017)
• 3. Wedbush analysts commented, "In 4Q16, AAP delivered its best same store sales growth since 4Q10. While weather and a calendar shift helped, the underlying improvement indicates material progress driving sales through key initiatives around availability and service, customer-first essentials for success in DIY auto. EPS of $1.00 missed consensus $1.08 and our $1.12 as margins fell short of plan due primarily to discrete cost items that were higher than expected. That said, the company has clear plans to tackle these and many others costs to drive productivity. This visibility, combined with key internal and external metrics inflecting positively, points to improving performance through 2017 and beyond. We tweak our estimates, raise our price target from $175 to $185 and reiterate our OUTPERFORM rating." (2/22/2017)
• 4. UBS AG analysts commented, "As we see it, the co's progress will be most evident through a better comp. We model 1.0% SSS, which is above the consensus est. of -0.5%. Our est. equates to its first pos comp in 5 Qs (& its best 4-yr comp in 6 Qs). We think the result will be driven by better execution & its supply chain enhancements. While the weather was a bit up & down this quarter, we think AAP had a strong finish in Dec. Notably, ORLY and MNRO both noted that December was strong, helped by the advent of winter weather. In fact, MNRO generated a 500 bp acceleration in its comp (ex-tires) for its C'4Q (63% correlation with AAP's comp for the past 3 years). While the market has begun to acknowledge some of the advances that AAP has made, we think it's just beginning. This makes for a compelling risk-reward, particularly after the recent pull back." (2/13/2017)

Some companies that are related to Advance Auto Parts include Persimmon plc (PSN), Burberry Group plc (BRBY), InterContinental Hotels Group PLC (IHG), Adient PLC (ADNT), Tui AG (TUI), Whitbread plc (WTB), ITV plc (ITV), Barratt Developments Plc (BDEV), Nordstrom (JWN), NEXT plc (NXT), Staples (SPLS), Kingfisher plc (KGF), Taylor Wimpey plc (TW), KAR Auction Services (KAR), Dolby Laboratories (DLB), Pearson plc (PSON), Marks and Spencer Group Plc (MKS) and Berkeley Group Holdings PLC (BKG).

Advance Auto Parts' management team includes the folowing people:

• Jeffrey C. Smith, Independent Chairman of the Board
• Thomas R. Greco, President, Chief Executive Officer, Director
• Thomas B. Okray, Chief Financial Officer, Executive Vice President
• Tammy M. Finley, Executive Vice President, General Counsel, Corporate Secretary
• Charles E. Tyson, Executive Vice President, Merchandising, Marketing and Replenishment
• Robert B. Cushing, Executive Vice President, Professional
• Jeffrey W. Shepherd, Senior Vice President, Chief Accounting Officer, Controller
• Natalie S. Schechtman, Senior Vice President of Human Resources
• William H. Carter, Senior Vice President, Independent Business
• John C. Brouillard, Director

Advance Auto Parts' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include APG Asset Management N.V. (0.14%), Shell Asset Management Co. (0.03%), State Treasurer State of Michigan (0.03%), Mutual of America Capital Management LLC (0.01%), LS Investment Advisors LLC (0.01%) and Bristlecone Advisors LLC (0.00%). Company insiders that own Advance Auto Parts stock include Adriana Karaboutis, Brad W Buss, Charles E Tyson, Eugene I Lee Jr, Gilbert T Ray, Jeffrey C Smith, Jill A Livesay, John F Bergstrom, John Francis Ferraro, Reuben E Slone, Robert B Cushing, Tammy M Finley, Thomas Greco and William Harrison Carter. View Institutional Ownership Trends for Advance Auto Parts.

Advance Auto Parts' stock was sold by a variety of institutional investors in the last quarter, including Bristlecone Advisors LLC, State Treasurer State of Michigan and Mutual of America Capital Management LLC. Company insiders that have sold Advance Auto Parts stock in the last year include Charles E Tyson and William Harrison Carter. View Insider Buying and Selling for Advance Auto Parts.

Advance Auto Parts' stock was bought by a variety of institutional investors in the last quarter, including Shell Asset Management Co., APG Asset Management N.V. and LS Investment Advisors LLC. Company insiders that have bought Advance Auto Parts stock in the last two years include Adriana Karaboutis, Brad W Buss, Charles E Tyson, Eugene I Lee Jr, Jeffrey C Smith, John F Bergstrom, John Francis Ferraro, Reuben E Slone, Robert B Cushing and Thomas Greco. View Insider Buying and Selling for Advance Auto Parts.

Shares of Advance Auto Parts can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Advance Auto Parts stock can currently be purchased for approximately $86.78.