Advance Auto Parts, Inc. (AAP)

NYSE: AAP · IEX Real-Time Price · USD
78.69
+1.49 (1.93%)
At close: Apr 19, 2024, 4:00 PM
78.88
+0.19 (0.24%)
After-hours: Apr 19, 2024, 7:26 PM EDT
1.93%
Market Cap 4.69B
Revenue (ttm) 11.29B
Net Income (ttm) 29.74M
Shares Out 59.61M
EPS (ttm) 0.50
PE Ratio 157.38
Forward PE 20.27
Dividend $1.00 (1.27%)
Ex-Dividend Date Apr 11, 2024
Volume 1,674,744
Open 77.11
Previous Close 77.20
Day's Range 76.54 - 78.79
52-Week Range 47.73 - 129.90
Beta 1.20
Analysts Hold
Price Target 64.71 (-17.77%)
Earnings Date May 29, 2024

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, AAP'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 20 analysts, the average rating for AAP stock is "Hold." The 12-month stock price forecast is $64.71, which is a decrease of -17.77% from the latest price.

Price Target
$64.71
(-17.77% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Third Point, Saddle Point win board seats at Advance Auto Parts. A plan to improve margins may unfold

The two activists recently picked up three board seats at the auto parts retailer.

6 days ago - CNBC

Advance Auto Parts Gains as Activist Hedge Fund Third Point Takes Stake, Adds Directors

Automotive aftermarket parts provider Advance Auto Parts Inc.'s (AAP) shares rose 4% in early trading on Tuesday after Dan Loeb's activist hedge fund Third Point LLC disclosed a stake and added three ...

5 weeks ago - Investopedia

Advance Auto Parts to add 3 new directors after Dan Loeb's firm takes stake

The board refreshment comes only six months after the company picked Shane O'Kelly, a former US Army captain who had held senior roles at Home Depot, to replace Tom Greco as chief executive.

5 weeks ago - New York Post

Advance Auto Parts Appoints Three New Independent Directors

RALEIGH, N.C.--(BUSINESS WIRE)--Advance Auto Parts appoints three new Independent Directors.

5 weeks ago - Business Wire

Activist Third Point nears deal with Advance Auto Parts for three board seats

Dan Loeb's Third Point and activist Saddle Point have a stake in Advance Auto Parts and reached a settlement with the company that will give the activists three board seats. Tom Seboldt, Gregory Smith...

5 weeks ago - CNBC

Advance Auto Parts Nears Settlement With Activist Third Point

The company that will add three new directors to its board.

5 weeks ago - WSJ

Advance Auto Parts Stock Jumps After Better-Than-Expected Profit Guidance

Advance Auto Parts (AAP) posted a surprise fourth-quarter loss, but its earnings outlook sent shares higher on Wednesday.

7 weeks ago - Investopedia

Advance Auto's stock rises after upbeat guidance for 2024 offsets quarterly loss

Advance Auto Parts Inc.'s stock jumped 7.5% early Wednesday, after the car parts maker's upbeat profit guidance weighed against a quarterly loss as it continues to overhaul its business and rein in co...

7 weeks ago - Market Watch

Advance Auto Parts Stock Rises. This Is Driving It Higher.

The car-parts company reports a fourth-quarter loss of 59 cents a share, while Wall Street expected earnings of 21 cents.

7 weeks ago - Barrons

Advance Auto Parts Reports Fourth Quarter and Full Year 2023 Results

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 installer and do-it-...

7 weeks ago - Business Wire

Advance Auto Parts Announces Date for Its Fourth Quarter and Full Year 2023 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 installer and do-it-y...

2 months ago - Business Wire

Advance Auto Parts Puts a Charge in American Motorists on National Battery Day With Free DieHard® Auto Batteries Giveaway and Complimentary Battery Testing Nationwide Feb. 18

RALEIGH, N.C.--(BUSINESS WIRE)--Advance Auto Parts celebrating National Battery Day with free DieHard auto batteries giveaway and complimentary battery testing nationwide.

2 months ago - Business Wire

Advance Auto Parts Foundation Announces $1.75 Million In Gifts to Aid Military Veterans

RALEIGH, N.C.--(BUSINESS WIRE)---- $AAP #AAP--Nonprofit organizations providing employment support for women veterans, custom designed homes for injured veterans and frontline support for veterans at ...

2 months ago - Business Wire

Advance Auto Parts Names Elizabeth Dreyer Chief Accounting Officer

RALEIGH, N.C.--(BUSINESS WIRE)--Advance Auto Parts names Elizabeth Dreyer Chief Accounting Officer.

3 months ago - Business Wire

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Advance Auto Parts (AAP)

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming December 8, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of invest...

4 months ago - Business Wire

AAP Investors Have Opportunity to Lead Advance Auto Parts Securities Fraud Lawsuit

LOS ANGELES , Dec. 6, 2023 /PRNewswire/ --  Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit agai...

4 months ago - PRNewsWire

DECEMBER 8 DEADLINE: The Schall Law Firm Encourages Investors in Advance Auto Parts, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / December 6, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Advance Auto Parts, Inc. ("Adv...

4 months ago - Accesswire

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Advance Auto Parts, Inc.(AAP) Investors of a Class Action Lawsuit and Upcoming Deadline

NEW YORK , Dec. 5, 2023 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Advance Auto Parts, Inc. ("AAP" or the "Company") (NYSE: AAP) of a class action securities lawsuit. CLASS DEFINITION...

4 months ago - PRNewsWire

DEADLINE ACTION ALERT: The Schall Law Firm Encourages Investors in Advance Auto Parts, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / December 5, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Advance Auto Parts, Inc. ("Adv...

4 months ago - Accesswire

AAP DEADLINE: ROSEN, A LEADING LAW FIRM, Encourages Advance Auto Parts, Inc. Investors to Secure Counsel Before Important December 8 Deadline in Securities Class Action - AAP

NEW YORK , Dec. 4, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Advance Auto Parts, Inc. (NYSE: AAP) between November 16, 2022 and M...

4 months ago - PRNewsWire

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Advance Auto Parts, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of December 8, 2023 - (NYSE: AAP)

NEW YORK , Dec. 4, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Advance Auto Parts, Inc.. Shareholders who purchased shares of AAP during the class period lis...

4 months ago - PRNewsWire

FINAL DEADLINE IMMNENT: The Schall Law Firm Encourages Investors in Advance Auto Parts, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / December 3, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Advance Auto Parts, Inc. ("Adv...

4 months ago - Accesswire

DECEMBER 8 FINAL DEADLINE: The Schall Law Firm Encourages Investors in Advance Auto Parts, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / November 30, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Advance Auto Parts, Inc. ("Ad...

5 months ago - Accesswire

DEADLINE ACTION NOTICE: The Schall Law Firm Encourages Investors in Advance Auto Parts, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / November 30, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Advance Auto Parts, Inc. ("Ad...

5 months ago - Accesswire

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Advance Auto Parts, Inc. of Class Action Lawsuit and Upcoming Deadline- AAP

NEW YORK , Nov. 28, 2023 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Advance Auto Parts, Inc. ("AAP" or the "Company") (NYSE: AAP) and certain officers. ...

5 months ago - PRNewsWire