Advance Auto Parts, Inc. (AAP)
| Market Cap | 2.29B |
| Revenue (ttm) | 11.19B |
| Net Income (ttm) | 43.86M |
| Shares Out | 59.34M |
| EPS (ttm) | 0.73 |
| PE Ratio | 48.97 |
| Forward PE | 133.67 |
| Dividend | $1.00 (2.59%) |
| Ex-Dividend Date | Oct 11, 2024 |
| Volume | 2,410,703 |
| Open | 38.89 |
| Previous Close | 38.50 |
| Day's Range | 37.96 - 39.54 |
| 52-Week Range | 35.59 - 88.56 |
| Beta | 1.19 |
| Analysts | Hold |
| Price Target | 47.00 (+21.67%) |
| Earnings Date | Nov 14, 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]
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 StatementsAnalyst Forecast
According to 15 analysts, the average rating for AAP stock is "Hold." The 12-month stock price forecast is $47.0, which is an increase of 21.67% from the latest price.
News
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 ...
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...
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...
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...
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.
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.
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.
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.
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.
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.
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.
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...
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.
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-...
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.
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-...
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. ...
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.
AAP Stock Reacts to Executive Resignations
Advance Auto Parts (AAP, Financial) shares experienced a decline, closing 0.51% lower due to executive resignations that raised concerns about the company's managerial stability. This follows the resi...
Top 3 Consumer Stocks Which Could Rescue Your Portfolio This Quarter
The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.
Advance Auto Parts: Valuation To Trade At A Discount To Peers
Hold rating for Advance Auto Parts due to expected continued trading at a discount relative to peers. AAP's EBIT margin significantly lags behind competitors. Soft consumer spending and macroeconomic ...
Top 3 Consumer Stocks That Could Blast Off This Quarter
The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.
Advance Auto Parts Faces Profitability Pressure Despite Turnaround Efforts, Says JP Morgan Analyst
JP Morgan analyst Christopher Horvers reiterated the Neutral rating on Advance Auto Parts Inc. AAP, lowering the price forecast to $43 from $55.
Advance Auto Parts Analysts Slash Their Forecasts After Downbeat Earnings
Advance Auto Parts Inc. AAP reported weak second-quarter earnings and slashed FY24 outlook on Thursday.