Advance Auto Parts, Inc. (AAP)

NYSE: AAP · Real-Time Price · USD
38.75
-2.23 (-5.44%)
At close: Oct 22, 2024, 4:00 PM
38.72
-0.03 (-0.08%)
Pre-market: Oct 23, 2024, 7:00 AM EDT
-5.44%
Market Cap 2.30B
Revenue (ttm) 11.27B
Net Income (ttm) -12.16M
Shares Out 59.28M
EPS (ttm) -0.20
PE Ratio n/a
Forward PE 15.92
Dividend $1.00 (2.58%)
Ex-Dividend Date Oct 11, 2024
Volume 2,908,134
Open 40.38
Previous Close 40.98
Day's Range 38.74 - 40.51
52-Week Range 36.40 - 88.56
Beta 1.19
Analysts Hold
Price Target 53.77 (+38.76%)
Earnings Date Nov 13, 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, 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 $53.77, which is an increase of 38.76% from the latest price.

Price Target
$53.77
(38.76% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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
5 days 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.

7 days ago - Benzinga

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...

18 days ago - GuruFocus

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.

Other symbols: LNWMMYT
20 days ago - Benzinga

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 ...

6 weeks ago - Seeking Alpha

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.

Other symbols: DBIRRGB
6 weeks ago - Benzinga

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.

2 months ago - Benzinga

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.

2 months ago - Benzinga

Three-Stock Lunch: Peloton, Advance Auto Parts & Snowflake

Bill Strazzulo, Bell Curve Trading chief market strategist, joins 'Power Lunch' to discuss stock plays for three stocks.

Other symbols: PTONSNOW
2 months ago - CNBC Television

Why Advance Auto Parts Stock Plunged to Its Lowest Level of 2024

Advance Auto Parts (AAP) shares plunged after the company announced quarterly earnings that came in well short of expectations and cut its outlook for the full year. The earnings news upstaged the sal...

2 months ago - Investopedia

Advance Auto Parts: Q2 Earnings Disappoint, Turnaround Isn't Gaining Traction

Advance Auto Parts reported soft earnings and cut full-year guidance significantly, raising concerns about the company's projected turnaround. The company's profit margins are continuing to trend in t...

2 months ago - Seeking Alpha

Advance Auto Parts Sells Wholesale Arm for $1.5 Billion

Advance Auto Parts has sold its wholesale operation Worldpac for $1.5 billion. The sale, to funds managed by the Carlyle Group, is expected to be finalized by the end of the year, Advance said in a Th...

2 months ago - PYMNTS

Advance Auto Parts, Inc. (AAP) Q2 2024 Earnings Call Transcript

Advance Auto Parts, Inc. (NYSE:AAP) Q2 2024 Earnings Conference Call August 22, 2024 8:00 AM ET Company Participants Lavesh Hemnani - Vice President, Investor Relations Shane O'Kelly - President and ...

2 months ago - Seeking Alpha

Advance Auto Stock Skids. Earnings Miss Overshadows $1.5 Billion Sale of Worldpac.

The car-parts retailer issues a mixed quarterly report and cuts its full-year earnings outlook.

2 months ago - Barrons

Advance Auto Parts Reports Second 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...

2 months ago - Business Wire

Advance Auto's stock jumps after company agrees of sale of Worldpac business to Carlyle for $1.5 billion in cash

Advance Auto Parts Inc.'s stock AAP, +1.83% jumped 6% early Thursday, after the car parts maker said it has reached an agreement to sell Worldpac Inc., a car part wholesale distribution business, to f...

Other symbols: CG
2 months ago - Market Watch

Carlyle Group to buy Advance Auto Parts' Worldpac unit for $1.5 bln, Bloomberg News reports

Private equity firm Carlyle Group will buy Advance Auto Parts' Worldpac unit for $1.5 billion, Bloomberg News reported on Thursday.

Other symbols: CG
2 months ago - Reuters

Advance Auto Parts Announces Sale of Worldpac to Carlyle for $1.5 Billion

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...

Other symbols: CG
2 months ago - Business Wire

Advance Auto Parts Earnings Are Imminent; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Advance Auto Parts, Inc. AAP is set to release earnings results for its second quarter, before the opening bell on Thursday, Aug. 22.

2 months ago - Benzinga

Advance Auto Parts: Value Over Everything

Advance Auto Parts lost 44.1% of its value due to dividend cuts, poor financial performance, and competition. The company is selling non-core assets to address debt issues and improve operational effi...

2 months ago - Seeking Alpha

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

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

2 months ago - Business Wire

Advance Auto Parts Data Breach Exposes Personal Information: Murphy Law Firm Investigates Legal Claims

OKLAHOMA CITY, July 12, 2024 (GLOBE NEWSWIRE) -- Murphy Law Firm is investigating claims on behalf of all individuals whose personal and confidential information was compromised in the data breach inv...

3 months ago - GlobeNewsWire

Advance Auto Parts: Rock-Bottom Valuation With Massive Upcoming Catalyst, Strong Buy

Advance Auto Parts is an incredible turnaround opportunity with a new leadership team and key upcoming catalysts like the sale of Worldpac. The company aims to unify its supply chain network to drive ...

4 months ago - Seeking Alpha

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
5 months 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...

5 months ago - Business Wire