Advance Auto Parts, Inc. (AAP)

NYSE: AAP · Real-Time Price · USD
44.34
+0.02 (0.05%)
Feb 20, 2025, 4:00 PM EST - Market open
0.05%
Market Cap 2.63B
Revenue (ttm) 11.19B
Net Income (ttm) 43.86M
Shares Out 59.34M
EPS (ttm) 0.73
PE Ratio 60.41
Forward PE 134.73
Dividend $1.00 (2.26%)
Ex-Dividend Date Jan 10, 2025
Volume 1,948,237
Open 44.51
Previous Close 44.32
Day's Range 43.43 - 44.80
52-Week Range 35.59 - 88.56
Beta 1.17
Analysts Hold
Price Target 46.40 (+4.65%)
Earnings Date Feb 26, 2025

About AAP

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... [Read more]

Founded 1929
Employees 69,000
Stock Exchange NYSE
Ticker Symbol AAP
Full Company Profile

Financial Performance

In 2023, Advance Auto Parts's revenue was $11.29 billion, an increase of 1.19% compared to the previous year's $11.15 billion. Earnings were $29.74 million, a decrease of -93.60%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for AAP stock is "Hold." The 12-month stock price forecast is $46.4, which is an increase of 4.65% from the latest price.

Price Target
$46.4
(4.65% upside)
Analyst Consensus: Hold
Stock Forecasts

News

5 Stocks That Could Suffer With Canadian Tariffs

Trump's plans to place tariffs on Canada has come as a surprise, and many businesses are scrambling to deal with the potential fallout.

Other symbols: DHIENBSTLATAP
6 days ago - Benzinga

Advance Auto Parts Appoints Jeff Vining as General Counsel

RALEIGH, N.C.--(BUSINESS WIRE)--Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installers and do-it-yourself custo...

14 days ago - Business Wire

Advance Auto Parts Announces Date for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call

RALEIGH, N.C.--(BUSINESS WIRE)--Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installers and do-it-yourself custo...

16 days ago - Business Wire

Advance Auto Parts Names Valvoline™ Global 2024 Vendor Partner of the Year

RALEIGH, N.C.--(BUSINESS WIRE)--Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installers and do-it-yourself custo...

24 days ago - Business Wire

Advance Auto Parts Puts Foot On Turnaround Gas With 200 Store Closures

Automotive parts retailer Advance Auto Parts is hoping that less is more as it moves forward with plans to shutter over 200 locations as it begins to downsize its nationwide store footprint.

4 weeks ago - Forbes

Advance Auto Parts Appoints Shweta Bhatia as Chief Technology Officer

RALEIGH, N.C.--(BUSINESS WIRE)--Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installers and do-it-yourself custo...

5 weeks ago - Business Wire

Advance Auto Parts Appoints Michael Beland as Chief Accounting Officer

RALEIGH, N.C.--(BUSINESS WIRE)--Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installers and do-it-yourself custo...

2 months ago - Business Wire

Advance Auto Parts: Undervalued Turnaround Stock With Major Margin Expansion Ahead

The sale of Worldpac for $1.5 billion significantly strengthens AAP's balance sheet, eliminating solvency risk and providing a cash cushion worth nearly half its total market cap. AAP's restructuring ...

3 months ago - Seeking Alpha

Advance Auto Parts Aims to Boost Productivity by Closing Stores

Advance Auto Parts plans to close 523 corporate stores, exit 204 independently owned locations and close four distribution centers in the United States by mid-2025 as it works to boost its operational...

3 months ago - PYMNTS

Advance Auto Parts will close over 700 stores as the list of struggling retailers grows

Advance Auto Parts, a leading automotive aftermarket-parts provider in North America that serves both professional installers and do-it-yourself customers, said it will close more than 700 of its 5,00...

3 months ago - Fast Company

Advance Auto Parts, Inc. (AAP) Q3 2024 Earnings Call Transcript

Advance Auto Parts, Inc. (NYSE:AAP) Q3 2024 Earnings Call Transcript November 14, 2024 8:00 AM ET Company Participants Lavesh Hemnani - VP of IR Shane O'Kelly - President and CEO Ryan Grimsland - EVP...

3 months ago - Seeking Alpha

Stock Of The Day: Why Is Advance Auto Rallying On A Loss?

The action in Advance Auto Parts, Inc.  AAP has some investors and traders confused. The company released its earnings report Thursday and it was well short of estimates.

3 months ago - Benzinga

Advance Auto Parts shutting 500 stores, cutting jobs as fewer opt to repair cars

The company warned it could incur up to $750 million of total costs related to the restructuring.

3 months ago - New York Post

Advance Auto Parts Stock Rises. Closing Stores Matters More Than a Bad Quarter.

The car-parts retailer announces plans to close hundreds of stores as part of a financial plan to refresh the business.

3 months ago - Barrons

Advance Auto Parts to Close Hundreds of Stores; Stock Jumps

Advance Auto Parts (AAP) said Thursday that it plans to close hundreds of stores as the auto parts retailer recorded a surprise quarterly loss.

3 months ago - Investopedia

Advance Auto Parts Posts Weak Results, Joins Harrow, Taysha Gene Therapies And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

U.S. stock futures were higher this morning, with the Dow futures gaining more than 50 points on Thursday.

Other symbols: TSHA
3 months ago - Benzinga

Advance Auto Parts to Close Stores as Sales Outlook Misses Views

Advance Auto Parts said it will close hundreds of stores and cut jobs after posting a surprising quarterly loss and forecasting revenue below market expectations.

3 months ago - WSJ

Advance Auto Parts to close more than 500 stores, exit 200 other locations

Advance Auto Parts' stock falls after a quarterly loss, and release of a plan to close more than 500 company stores and four distribution centers.

3 months ago - Market Watch

Advance Auto Parts Reports Third Quarter 2024 Results and Completes Comprehensive Review of Operational Productivity

RALEIGH, N.C.--(BUSINESS WIRE)--Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installer and do-it-yourself custom...

3 months ago - Business Wire

Advance Auto Parts Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Advance Auto Parts, Inc. AAP will release earnings results for its third quarter, before the opening bell on Thursday, Nov. 14.

3 months ago - Benzinga

Advance Auto Parts Announces Closing of Sale of Worldpac to Carlyle

RALEIGH, N.C.--(BUSINESS WIRE)---- $AAP #AAP--Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installers and do-it-...

Other symbols: CG
3 months ago - Business Wire

10 S&P 500 Stocks Were Worst Performers In First Year Of Trump's Presidency: Will They Sink Again?

Former President Donald Trump's four years in the White House offer insights into which stocks and sectors might benefit or suffer if he secures a second term in the 2024 election.

Other symbols: BKREXEGEMATRRCSIGUA
4 months ago - Benzinga

Advance Auto Parts Announces Date for Third Quarter 2024 Earnings Release and Conference Call

RALEIGH, N.C.--(BUSINESS WIRE)---- $AAP #AAP--Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installers and do-it-...

4 months ago - Business Wire

Genuine Parts 2.8% Yield And A Look At AutoZone, Advance Auto Parts And O'Reilly

Genuine Parts Co. is a Dividend King /Champion with a 68-year history of rising dividends, offering a reliable but currently somewhat overvalued investment. AutoZone Inc. and O'Reilly Automotive Inc. ...

Other symbols: AZOGPC
4 months ago - Seeking Alpha

This Advance Auto Parts Analyst Turns Bullish; Here Are Top 5 Upgrades For Tuesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

4 months ago - Benzinga