Most-Downgraded Stocks NYSE:AAP Advance Auto Parts - AAP Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Advance Auto Parts, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $151.47 -0.20 (-0.13%) (As of 02/7/2023 12:00 AM ET) Add Compare Share Share Today's Range$148.27▼$151.6850-Day Range$139.38▼$156.8452-Week Range$138.52▼$234.23Volume921,971 shsAverage Volume890,896 shsMarket Capitalization$9.11 billionP/E Ratio19.47Dividend Yield3.94%Price Target$189.88 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Advance Auto Parts MarketRank™ ForecastAnalyst RatingHold2.46 Rating ScoreUpside/Downside25.4% Upside$189.88 Price TargetShort InterestBearish5.45% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.79Upright™ Environmental ScoreNews Sentiment0.53Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth4.53%From $12.58 to $13.15 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.75 out of 5 starsRetail/Wholesale Sector21st out of 213 stocksAuto & Home Supply Stores Industry1st out of 6 stocks 4.2 Analyst's Opinion Consensus RatingAdvance Auto Parts has received a consensus rating of Hold. The company's average rating score is 2.46, and is based on 4 buy ratings, 8 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $189.88, Advance Auto Parts has a forecasted upside of 25.4% from its current price of $151.47.Amount of Analyst CoverageAdvance Auto Parts has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.45% of the float of Advance Auto Parts has been sold short.Short Interest Ratio / Days to CoverAdvance Auto Parts has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Advance Auto Parts has recently increased by 6.29%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipAdvance Auto Parts is a leading dividend payer. It pays a dividend yield of 3.94%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAdvance Auto Parts has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Advance Auto Parts is 77.12%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Advance Auto Parts will have a dividend payout ratio of 45.63% next year. This indicates that Advance Auto Parts will be able to sustain or increase its dividend. Previous Next 1.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAdvance Auto Parts has received a -45.96% net impact score from Upright. The largest negative impact of Advance Auto Parts in category "GHG emissions" seems to be driven mostly by its "Physical retail of auto parts at an auto parts store", "Physical retail of parts common to all road vehicles at an auto parts store", and "Physical retail of vehicle chemicals at an auto part store" products. See details.Environmental SustainabilityThe Environmental Impact score for Advance Auto Parts is -3.79. Previous Next 2.5 News and Social Media Coverage News SentimentAdvance Auto Parts has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Advance Auto Parts this week, compared to 5 articles on an average week.Search Interest35 people have searched for AAP on MarketBeat in the last 30 days. This is an increase of 94% compared to the previous 30 days.MarketBeat Follows21 people have added Advance Auto Parts to their MarketBeat watchlist in the last 30 days. This is an increase of 163% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Advance Auto Parts insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.47% of the stock of Advance Auto Parts is held by insiders.Percentage Held by Institutions96.04% of the stock of Advance Auto Parts is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Advance Auto Parts are expected to grow by 4.53% in the coming year, from $12.58 to $13.15 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Advance Auto Parts is 19.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.46.Price to Earnings Ratio vs. SectorThe P/E ratio of Advance Auto Parts is 19.47, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 41.61.Price to Earnings Growth RatioAdvance Auto Parts has a PEG Ratio of 1.01. PEG Ratios around 1 indicate that a company is correctly valued.Price to Book Value per Share RatioAdvance Auto Parts has a P/B Ratio of 3.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Advance Auto Parts (NYSE:AAP) StockAdvance Auto Parts, Inc. engages in the supply and distribution of aftermarket automotive products for both professional installers and do-it-yourself customers. It operates through the following segments: Northern Division, Southern Division, Carquest Canada, Independents and Worldpac. Advance Auto Parts offers replacement parts, performance parts, accessories, oil and fluids, engine parts, brakes, batteries, accessories, and tools and garage. The company was founded by Arthur Taubman in 1929 and is headquartered in Raleigh, NC.Read More 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. Email Address AAP Stock News HeadlinesFebruary 7, 2023 | finance.yahoo.comAdvance Auto Parts Announces Dates for Its Fourth Quarter and Full Year 2022 Earnings Release and Conference CallFebruary 4, 2023 | americanbankingnews.comAdvance Auto Parts (NYSE:AAP) Raised to Buy at StockNews.comFebruary 7, 2023 | Wall Street Watch Dogs (Ad)The #1 Energy Stock to BuyThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…February 1, 2023 | finance.yahoo.comDon't Hold Your Breath for This Auto Parts StockJanuary 31, 2023 | marketwatch.comAdvance Auto Parts Inc. stock rises Tuesday, outperforms marketJanuary 30, 2023 | americanbankingnews.comAdvance Auto Parts, Inc. (NYSE:AAP) Receives $188.29 Consensus PT from AnalystsJanuary 28, 2023 | americanbankingnews.comAdvance Auto Parts (NYSE:AAP) Given New $159.00 Price Target at CitigroupJanuary 27, 2023 | markets.businessinsider.com13 Analysts Have This to Say About Advance Auto PartsFebruary 7, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...January 24, 2023 | marketwatch.comAdvance Auto Parts Inc. stock underperforms Tuesday when compared to competitorsJanuary 20, 2023 | msn.comIf You Invested $1000 In This Stock 15 Years Ago, You Would Have $4,200 TodayJanuary 17, 2023 | finance.yahoo.comAdvance Auto Parts Launches "Diehards Choose DieHard" Campaign, featuring Kirstie EnnisJanuary 12, 2023 | msn.comAdvance Auto Parts Faces 'Mounting Risks to Consensus,' Wedbush SaysJanuary 2, 2023 | thestreet.comAdvance Auto Parts (AAP) Falls Further As It's Water-Logged And Getting WetterDecember 27, 2022 | seekingalpha.comAdvance Auto Parts Is A Strong Buy, Here's WhyDecember 20, 2022 | thestreet.comWill This Price Target Increase Help Advance Auto Parts (AAP) Stock Today?December 19, 2022 | nasdaq.comAdvance Auto Parts Inc Shares Near 52-Week Low - Market MoverDecember 14, 2022 | finance.yahoo.comAdvance Auto Parts Announces Supply Chain Leadership ChangesDecember 8, 2022 | finance.yahoo.comIs the Options Market Predicting a Spike in Advance Auto Parts (AAP) Stock?December 2, 2022 | finance.yahoo.comShould You Investigate Advance Auto Parts, Inc. (NYSE:AAP) At US$151?November 30, 2022 | fool.com3 Red Flags Waving for Advance Auto Parts StockNovember 17, 2022 | seekingalpha.comAdvance Auto Parts Crushed On OutlookNovember 17, 2022 | finance.yahoo.comWhy Shares in Advance Auto Parts Slumped This WeekNovember 17, 2022 | finance.yahoo.comAdvance Auto Parts Third Quarter 2022 Earnings: EPS Misses ExpectationsNovember 16, 2022 | msn.comWhy Advance Auto Parts Stock Was Down Big TodayNovember 16, 2022 | finance.yahoo.comAdvance Auto Parts CEO Tom Greco talks plan to fix sales after poor earnings, stock tumblesNovember 16, 2022 | finance.yahoo.comAdvance Auto (AAP) Q3 Earnings Miss, FCF & Profit View CutSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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. Email Address AAP Company Calendar Last Earnings11/15/2022Ex-Dividend for 1/3 Dividend12/15/2022Dividend Payable1/03/2023Today2/07/2023Next Earnings (Estimated)2/13/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Auto & home supply stores Sub-IndustryAutomotive Retail SectorRetail/Wholesale Current SymbolNYSE:AAP CUSIP00751Y10 CIK1158449 Webwww.advanceautoparts.com Phone(540) 362-4911Fax540-561-1448Employees68,000Year Founded1932Price Target and Rating Average Stock Price Forecast$182.69 High Stock Price Forecast$280.00 Low Stock Price Forecast$145.00 Forecasted Upside/Downside+25.4%Consensus RatingHold Rating Score (0-4)2.46 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$7.78 Trailing P/E Ratio19.47 Forward P/E Ratio12.04 P/E Growth1.01Net Income$616.11 million Net Margins4.30% Pretax Margin5.61% Return on Equity25.97% Return on Assets6.19% Debt Debt-to-Equity Ratio0.44 Current Ratio1.13 Quick Ratio0.23 Sales & Book Value Annual Sales$11.00 billion Price / Sales0.83 Cash Flow$16.54 per share Price / Cash Flow9.16 Book Value$50.17 per share Price / Book3.02Miscellaneous Outstanding Shares60,120,000Free Float59,835,000Market Cap$9.11 billion OptionableNot Optionable Beta1.11 Social Links Key ExecutivesThomas R. GrecoPresident, Chief Executive Officer & DirectorJeff ShepherdChief Financial Officer & Executive Vice PresidentSri DonthiChief Technology Officer & Executive VPTammy Moss FinleySecretary, Executive VP & General CounselNatalie S. SchechtmanChief Human Resources Officer & Executive VPKey CompetitorsPenske Automotive GroupNYSE:PAGWilliams-SonomaNYSE:WSMPerformance Food GroupNYSE:PFGCCapriNYSE:CPRICasey's General StoresNASDAQ:CASYView All CompetitorsInsiders & InstitutionsTD Asset Management IncSold 248 shares on 2/7/2023Ownership: 0.033%Horan Capital Advisors LLC.Bought 154 shares on 2/7/2023Ownership: 0.031%Shell Asset Management Co.Sold 531 shares on 2/7/2023Ownership: 0.002%IFP Advisors IncBought 113 shares on 2/7/2023Ownership: 0.002%Cutler Group LLC CABought 600 shares on 2/7/2023Ownership: 0.000%View All Institutional Transactions AAP Stock - Frequently Asked Questions Should I buy or sell Advance Auto Parts stock right now? 13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Advance Auto Parts in the last year. There are currently 8 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AAP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AAP, but not buy additional shares or sell existing shares. View AAP analyst ratings or view top-rated stocks. What is Advance Auto Parts' stock price forecast for 2023? 13 Wall Street research analysts have issued twelve-month target prices for Advance Auto Parts' stock. Their AAP share price forecasts range from $145.00 to $280.00. On average, they expect the company's share price to reach $189.88 in the next twelve months. This suggests a possible upside of 27.1% from the stock's current price. View analysts price targets for AAP or view top-rated stocks among Wall Street analysts. How have AAP shares performed in 2023? Advance Auto Parts' stock was trading at $147.03 at the start of the year. Since then, AAP stock has increased by 1.6% and is now trading at $149.38. View the best growth stocks for 2023 here. Are investors shorting Advance Auto Parts? Advance Auto Parts saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 3,210,000 shares, an increase of 6.3% from the December 31st total of 3,020,000 shares. Based on an average trading volume of 1,030,000 shares, the short-interest ratio is presently 3.1 days. Currently, 5.5% of the company's shares are short sold. View Advance Auto Parts' Short Interest. When is Advance Auto Parts' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, February 13th 2023. View our AAP earnings forecast. How were Advance Auto Parts' earnings last quarter? Advance Auto Parts, Inc. (NYSE:AAP) issued its quarterly earnings results on Tuesday, November, 15th. The company reported $2.84 earnings per share for the quarter, missing the consensus estimate of $3.32 by $0.48. The company earned $2.64 billion during the quarter, compared to analyst estimates of $2.66 billion. Advance Auto Parts had a trailing twelve-month return on equity of 25.97% and a net margin of 4.30%. 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 Monday, November 7th. Stockholders of record on Friday, December 16th will be paid a dividend of $1.50 per share on Tuesday, January 3rd. This represents a $6.00 dividend on an annualized basis and a dividend yield of 4.02%. The ex-dividend date of this dividend is Thursday, December 15th. 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 3.94%. 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 77.12%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, AAP will have a dividend payout ratio of 45.63% 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 Thursday, December, 15th. The company provided earnings per share guidance of $12.60-$12.80 for the period, compared to the consensus estimate of $13.02. The company issued revenue guidance of $11.00 billion-$11.20 billion, compared to the consensus revenue estimate of $11.10 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 number of institutional and retail investors. Top institutional shareholders include River Road Asset Management LLC (1.36%), Scharf Investments LLC (1.20%), Ceredex Value Advisors LLC (0.41%), Sumitomo Mitsui Trust Holdings Inc. (0.32%), Check Capital Management Inc. CA (0.31%) and Ardevora Asset Management LLP (0.29%). 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 $149.38. How much money does Advance Auto Parts make? Advance Auto Parts (NYSE:AAP) has a market capitalization of $8.98 billion and generates $11.00 billion in revenue each year. The company earns $616.11 million in net income (profit) each year or $7.78 on an earnings per share basis. How many employees does Advance Auto Parts have? The company employs 68,000 workers across the globe. 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 2/7/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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