Advance Auto Parts Inc (NYSE:AAP) has a beta value of 0.98 and has seen 0.52 million shares traded in the recent trading session. The company, currently valued at $1.99B, closed the recent trade at $33.31 per share which meant it gained $0.37 on the day or 1.14% during that session. The AAP stock price is -134.4% off its 52-week high price of $78.08 and 13.27% above the 52-week low of $28.89. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.38 million shares traded. The 3-month trading volume is 2.48 million shares.
The consensus among analysts is that Advance Auto Parts Inc (AAP) is Hold stock at the moment, with a recommendation rating of 3.03. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 10 out of 13 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight.
Advance Auto Parts Inc (NYSE:AAP) trade information
Sporting 1.14% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the AAP stock price touched $33.31 or saw a rise of 3.67%. Year-to-date, Advance Auto Parts Inc shares have moved -29.55%, while the 5-day performance has seen it change 2.86%. Over the past 30 days, the shares of Advance Auto Parts Inc (NYSE:AAP) have changed -13.67%. Short interest in the company has seen 9.19 million shares shorted with days to cover at 3.5.
Wall Street analysts have a consensus price target for the stock at $39, which means that the shares’ value could jump 14.59% from the levels at last check today.. The projected low price target is $39.0 while the price target rests at a high of $39.0. In that case, then, we find that the latest price level in today’s session is -17.08% off the targeted high while a plunge would see the stock gain -17.08% from the levels at last check today..
Advance Auto Parts Inc (AAP) estimates and forecasts
The company’s shares have lost -16.34% over the past 6 months.
AAP Dividends
Advance Auto Parts Inc is expected to release its next earnings report on 2025-Feb-25 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 1.00 at a share yield of 3.00%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 2.62%.
Advance Auto Parts Inc (NYSE:AAP)’s Major holders
Insiders own 0.95% of the company shares, while shares held by institutions stand at 123.00% with a share float percentage of 124.17%. Investors are also buoyed by the number of investors in a company, with Advance Auto Parts Inc having a total of 488.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 7.43 million shares worth more than $470.77 million. As of 2024-06-30, BLACKROCK INC. held 12.4656% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 6.73 million shares as of 2024-06-30. The firm’s total holdings are worth over $426.46 million and represent 11.2923% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are T. Rowe Price Mid-Cap Value Fund, Inc. and iShares Trust-iShares Core S&P Small-Cap ETF . As of Dec 31, 2024 , the former fund manager holds about 6.49% shares in the company for having 3.88 shares of worth $129.11 million while later fund manager owns 3.67 shares of worth $122.02 million as of Mar 31, 2025 , which makes it owner of about 6.13% of company’s outstanding stock.
