Advance Auto Parts, Inc. (AAP)
NYSE: AAP · IEX Real-Time Price · USD
59.62
-1.64 (-2.68%)
At close: Jul 19, 2024, 4:00 PM
59.80
+0.18 (0.30%)
Pre-market: Jul 22, 2024, 7:00 AM EDT
Advance Auto Parts Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Advance Auto Parts stock have an average target of 64.14, with a low estimate of 55 and a high estimate of 73. The average target predicts an increase of 7.58% from the current stock price of 59.62.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for AAP stock from 15 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 19 | 18 | 18 | 18 | 15 | 14 |
Sell | 2 | 2 | 2 | 2 | 2 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 21 | 20 | 20 | 20 | 17 | 15 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Evercore ISI Group | Evercore ISI Group | Hold Maintains $70 → $68 | Hold | Maintains | $70 → $68 | +14.06% | Jul 16, 2024 |
Evercore ISI Group | Evercore ISI Group | Hold Maintains $73 → $70 | Hold | Maintains | $73 → $70 | +17.41% | Jul 2, 2024 |
Evercore ISI Group | Evercore ISI Group | Hold Maintains $72 → $73 | Hold | Maintains | $72 → $73 | +22.44% | Jun 20, 2024 |
Mizuho | Mizuho | Hold Maintains $78 → $64 | Hold | Maintains | $78 → $64 | +7.35% | Jun 10, 2024 |
RBC Capital | RBC Capital | Hold Maintains $68 → $65 | Hold | Maintains | $68 → $65 | +9.02% | May 30, 2024 |
Financial Forecast
Revenue This Year
11.42B
from 11.29B
Increased by 1.18%
Revenue Next Year
11.61B
from 11.42B
Increased by 1.64%
EPS This Year
3.71
from 0.50
Increased by 642.74%
EPS Next Year
4.48
from 3.71
Increased by 20.56%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 11.9B | 12.3B | 12.6B | 12.7B | 13.0B |
Avg | 11.4B | 11.6B | 11.9B | 12.0B | 12.3B |
Low | 11.0B | 11.1B | 11.1B | 11.5B | 11.7B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 5.6% | 7.5% | 8.4% | 6.8% | 8.4% |
Avg | 1.2% | 1.6% | 2.1% | 1.4% | 2.5% |
Low | -2.3% | -3.0% | -4.0% | -3.3% | -2.3% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 4.05 | 5.77 | 6.27 | 7.26 | 7.83 |
Avg | 3.71 | 4.48 | 5.17 | 6.60 | 7.38 |
Low | 3.22 | 3.66 | 4.09 | 6.04 | 7.01 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 710.6% | 55.4% | 40.0% | 40.5% | 18.7% |
Avg | 642.7% | 20.6% | 15.4% | 27.8% | 11.8% |
Low | 544.8% | -1.6% | -8.7% | 16.9% | 6.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.