Advance Auto Parts, Inc. (AAP)

NYSE: AAP · IEX Real-Time Price · USD
60.60
+0.89 (1.49%)
Jul 2, 2024, 4:00 PM EDT - Market closed
1.49%
Market Cap 3.61B
Revenue (ttm) 11.28B
Net Income (ttm) 16.23M
Shares Out 59.62M
EPS (ttm) 0.27
PE Ratio 224.44
Forward PE 15.06
Dividend $1.00 (1.65%)
Ex-Dividend Date Jul 12, 2024
Volume 1,515,133
Open 59.26
Previous Close 59.71
Day's Range 58.98 - 60.73
52-Week Range 47.73 - 88.56
Beta 1.22
Analysts Hold
Price Target 63.33 (+4.51%)
Earnings Date Aug 21, 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 16 analysts, the average rating for AAP stock is "Hold." The 12-month stock price forecast is $63.33, which is an increase of 4.51% from the latest price.

Price Target
$63.33
(4.51% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Top 5 Consumer Stocks Which Could Rescue Your Portfolio This Month - Whirlpool (NYSE:WHR)

The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.

Other symbols: WHRBYDCHGGWGO
4 weeks ago - Benzinga

CORRECTING and REPLACING Advance Auto Parts Reports First Quarter 2024 Results

RALEIGH, N.C.--(BUSINESS WIRE)---- $AAP #AAP--In the first table, labeled "Full Year 2024 Guidance," the figure under the "High" column for "Net Sales" should read 11,400 (instead of 11,500). Addition...

4 weeks ago - Business Wire

Advance Auto Parts Stock Falls After Earnings Report. It's Raised Outlook Isn't Enough.

‘We saw negative impact from weather, coupled with a challenged consumer,” Chief Executive Shane O'Kelly said on the company's earnings call.

4 weeks ago - Barrons

Advance Auto Parts Reports First Quarter 2024 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-y...

4 weeks ago - Business Wire

Three buys and a bail: Abercrombie, Chewy, Dick's Sporting Goods, Advance Auto Parts

Gina Sanchez, chief market strategist at Lido Advisors, joins CNBC's 'The Exchange' to discuss four stocks: Abercrombie, Chewy, Dick's, and Advanced Auto.

Other symbols: ANFCHWYDKS
5 weeks ago - CNBC Television

Enough is Enough! Advance Auto Parts Survey Reveals More Americans will Hit the Road this Summer Due to Air Travel Stress, Safety Concerns

RALEIGH, N.C.--(BUSINESS WIRE)--Americans seem to be hitting a breaking point with air travel, with 67 percent saying they've had a trip negatively impacted or ruined because of problems with air trav...

6 weeks ago - Business Wire

Advance Auto Parts Announces Date for Its First 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 installer and do-it-y...

2 months ago - Business Wire

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.

2 months 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 ...

4 months 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.

4 months 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.

4 months 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...

4 months ago - CNBC

Advance Auto Parts Nears Settlement With Activist Third Point

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

4 months 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.

4 months 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...

4 months 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.

4 months 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-...

4 months 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...

4 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.

4 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 ...

5 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.

6 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...

7 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...

7 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...

7 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...

7 months ago - PRNewsWire