Advance Auto Parts, Inc. (AAP)
Market Cap | 3.33B |
Revenue (ttm) | 11.22B |
Net Income (ttm) | 345.69M |
Shares Out | 59.47M |
EPS (ttm) | 5.79 |
PE Ratio | 9.66 |
Forward PE | 10.44 |
Dividend | $1.00 (1.79%) |
Ex-Dividend Date | Oct 12, 2023 |
Volume | 1,664,650 |
Open | 55.94 |
Previous Close | 55.07 |
Day's Range | 55.56 - 57.25 |
52-Week Range | 53.26 - 194.35 |
Beta | 1.09 |
Analysts | Hold |
Price Target | 91.78 (+64.1%) |
Earnings Date | Nov 14, 2023 |
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 2022, AAP's revenue was $11.15 billion, an increase of 1.43% compared to the previous year's $11.00 billion. Earnings were $501.87 million, a decrease of -18.54%.
Financial StatementsAnalyst Forecast
According to 22 analysts, the average rating for AAP stock is "Hold." The 12-month stock price forecast is $91.78, which is an increase of 64.10% from the latest price.
News

Why Auto Parts Retailers Are Heading in Different Directions
Tesla has more than doubled this year. Meanwhile, Ford and General Motors are barely in the green.

Advance Auto Parts Sees Credit Rating Lowered
Shares of the auto parts distributor are on pace for their lowest close since October 2011.

Advance Auto Parts stock sinks toward 12-year low after credit cut to ‘junk' status at S&P Global Ratings
Shares of Advance Auto Parts Inc. AAP, -4.24% dropped 3.7% toward a 12-year low in morning trading Tuesday, after S&P Global Ratings downgraded the auto parts retailer's credit to “junk” status, sayin...

Advance Auto Parts cites prices that failed to cover inflation for drop in earnings.
Price hikes could not offset product costs and supply chain deleverage, Advance Auto says.
Advance Auto Parts, Analog Devices, Toll Brothers: Market Movers August 23, 2023
Yahoo Finance Live's Brad Smith and Julie Hyman break down this morning's market trends. The S&P 500 moves higher as investors patiently await Nvidia's (NVDA) earnings expected out after the closing b...

Auto Parts Stocks Shift Gears: Which is the Right One to Buy?
Auto parts stocks shifted gears this year, naming new CEOs to the 3 largest players. While O'Reilly Automotive NASDAQ: ORLY and Autozone NYSE: AZO chose to go the internal route to help ensure a smoot...

Advance Auto Parts Earnings Miss Estimates. Why It's a Warning for Ford.
Earnings from auto parts distributors such as Advance Auto Parts just might be the canary in the coal mine. There is a limit to what people can pay to buy and maintain their vehicles.

Advance Auto Parts stock up as it launches strategic review and names new chief executive
Advance Auto Parts Inc. AAP, -1.26% stock rose 6.2% in premarket trades on Wednesday after the retailer said it's launching an operational and strategic review of its business. It also named Shane O'K...

Advance Auto Parts Announces Executive Leadership Changes
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...

Advance Auto Parts Reports Second Quarter 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-...

Kenvue Set to Join S&P 500; Advance Auto Parts to Join S&P SmallCap 600
NEW YORK , Aug. 21, 2023 /PRNewswire/ -- Kenvue Inc. (NYSE: KVUE) will replace Advance Auto Parts Inc. (NYSE: AAP) in the S&P 500, and Advance Auto Parts will replace Emergent BioSolutions Inc. (NYSE:...

J&J spinoff Kenvue to replace Advance Auto Parts on the S&P 500
Kenvue Inc. KVUE, +0.13%, the maker of Tylenol and Benadryl, will replace auto-parts retailer Advance Auto Parts Inc. AAP, -2.33% on the S&P 500 Index SPX, +0.69%, S&P Dow Jones Indices said on Monday...

Advance Auto Parts Offering Students a Chance to Win a ‘Fuel Ride to College' and Free ‘Off-to-Campus' In-Store Services
RALEIGH, N.C.--(BUSINESS WIRE)--Advance Auto Parts is offering incoming college freshmen a chance to win a ‘Fuel Ride to College' in the form of four years of free gasoline.

Advance Auto Parts Announces Dates for Its Second Quarter 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...

Advance Auto Parts gets ‘mini-tender' offer from Canadian investment company
Advance Auto Parts Inc. AAP, -1.64% said late Monday that Canada's TRC Capital Investment Corp. has made an unsolicited “mini-tender,” or less than 5% of the company's shares, offer to purchase up to ...

Advance Auto Parts Comments on TRC Capital “Mini-Tender” Offer
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-...

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Advance Auto Parts, Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / July 17, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Advance Auto Part...

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Advance Auto Parts, Inc. and Encourages Investors with Losses In Excess of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / July 8, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Advance Auto Parts...

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Advance Auto Parts, Inc. and Encourages Investors with Losses In Excess of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / July 6, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Advance Auto Parts...

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Advance Auto Parts, Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / July 3, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Advance Auto Parts...

Worst Stocks Of 2023's First Half: Battered Banks And Vaccine Makers
The well's run dry for the sector thus far this year as energy prices stabilized.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Advance Auto Parts, Inc. - AAP
NEW YORK , July 3, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Advance Auto Parts, Inc. ("Advance Auto Parts" or the "Company") (NYSE: AAP). Such investors ar...

The Stock Market's Biggest Winners and Losers for First Half of 2023
Nvidia led the gains in both the Nasdaq 100 and the S&P 500. Salesforce led the Dow industrials.

These are the best-performing stocks in the 2023 bull market — and the worst
The S&P 500 has risen 14.5% this year to 4,396.44, but we're actually in a bull market, with a 23% gain from the 2022 closing low of 3,577.03 on Oct. 12. (One definition of a bull market is a 20% pric...