Advance Auto Parts Stock Forecast, Price & News

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Advance Auto Parts in the last year. There are currently 2 sell ratings, 5 hold ratings, 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Advance Auto Parts stock.
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Advance Auto Parts is scheduled to release its next quarterly earnings announcement on Tuesday, November 9th 2021.
View our earnings forecast for Advance Auto Parts.

Advance Auto Parts, Inc. (NYSE:AAP) posted its quarterly earnings data on Monday, August, 23rd. The company reported $3.40 EPS for the quarter, beating the Zacks' consensus estimate of $3.04 by $0.36. The firm earned $2.65 billion during the quarter, compared to the consensus estimate of $2.65 billion. Advance Auto Parts had a net margin of 5.73% and a trailing twelve-month return on equity of 21.64%. Advance Auto Parts's revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.92 EPS.
View Advance Auto Parts' earnings history.

Advance Auto Parts' stock was trading at $125.62 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, AAP stock has increased by 63.8% and is now trading at $205.80.
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Advance Auto Parts announced a quarterly dividend on Wednesday, August 25th. Investors of record on Friday, September 17th will be given a dividend of $1.00 per share on Friday, October 1st. This represents a $4.00 annualized dividend and a dividend yield of 1.94%. The ex-dividend date of this dividend is Thursday, September 16th.
View Advance Auto Parts' dividend history.

Advance Auto Parts pays an annual dividend of $4.00 per share and currently has a dividend yield of 1.93%. The dividend payout ratio of Advance Auto Parts is 47.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Advance Auto Parts will have a dividend payout ratio of 31.60% next year. This indicates that Advance Auto Parts will be able to sustain or increase its dividend.
View Advance Auto Parts' dividend history.

Advance Auto Parts issued an update on its FY 2021 earnings guidance on Tuesday, September, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $10.60 billion-$10.80 billion, compared to the consensus revenue estimate of $10.66 billion.

17 Wall Street analysts have issued 12-month price objectives for Advance Auto Parts' stock. Their forecasts range from $117.00 to $256.00. On average, they anticipate Advance Auto Parts' share price to reach $212.59 in the next year. This suggests a possible upside of 3.3% from the stock's current price.
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538 employees have rated Advance Auto Parts CEO Thomas Greco on Glassdoor.com. Thomas Greco has an approval rating of 63% among Advance Auto Parts' employees. This puts Thomas Greco in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Advance Auto Parts include O'Reilly Automotive (ORLY), AutoZone (AZO), CarMax (KMX), Lithia Motors (LAD), AutoNation (AN), Penske Automotive Group (PAG), Asbury Automotive Group (ABG), Group 1 Automotive (GPI), Sonic Automotive (SAH), Monro (MNRO) and America's Car-Mart (CRMT).
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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), The Boeing (BA), Netflix (NFLX), Walmart (WMT), The Walt Disney (DIS), Johnson & Johnson (JNJ) and Micron Technology (MU).

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

Advance Auto Parts' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.62%), Clearbridge Investments LLC (5.87%), Barrow Hanley Mewhinney & Strauss LLC (5.75%), State Street Corp (4.33%), Toronto Dominion Bank (3.35%) and Artisan Partners Limited Partnership (2.80%). Company insiders that own Advance Auto Parts stock include Andrew E Page, Carla Jean Bailo, Natalie Schechtman, Robert B Cushing and Tammy M Finley.
View institutional ownership trends for Advance Auto Parts.

AAP stock was sold by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Wells Fargo & Company MN, Millennium Management LLC, Caisse DE Depot ET Placement DU Quebec, Check Capital Management Inc. CA, Bronson Point Management LLC, Bank of America Corp DE, and Bank of America Corp DE. Company insiders that have sold Advance Auto Parts company stock in the last year include Natalie Schechtman, and Robert B Cushing.
View insider buying and selling activity for Advance Auto Parts or view top insider-selling stocks.

AAP stock was bought by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, JPMorgan Chase & Co., Barrow Hanley Mewhinney & Strauss LLC, Allen Investment Management LLC, Frontier Capital Management Co. LLC, Susquehanna International Group LLP, Los Angeles Capital Management LLC, and Korea Investment CORP.
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Shares of AAP 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.
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One share of AAP stock can currently be purchased for approximately $205.80.

Advance Auto Parts has a market capitalization of $12.97 billion and generates $10.11 billion in revenue each year. The company earns $493.02 million in net income (profit) each year or $8.51 on an earnings per share basis.

Advance Auto Parts employs 2,021 workers across the globe.

Advance Auto Parts was founded in 1932.

The official website for Advance Auto Parts is www.advanceautoparts.com.

Advance Auto Parts is headquartered at 2635 East Millbrook Road, Raleigh NC, 24012.

Advance Auto Parts' mailing address is 2635 East Millbrook Road, Raleigh NC, 24012. The company can be reached via phone at (540) 362-4911 or via email at [email protected].