In the latest trading session,, 0.78 million Advance Auto Parts Inc (NYSE:AAP) shares changed hands as the company’s beta touched 0.93. With the company’s most recent per share price at $32.37 changed hands at -$1.79 or -5.24% at last look, the market valuation stands at $1.94B. AAP’s current price is a discount, trading about -126.01% off its 52-week high of $73.16. The share price had its 52-week low at $28.89, which suggests the last value was 10.75% up since then.
Analysts gave the Advance Auto Parts Inc (AAP) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3.11. If we narrow down to specifics, the data shows that 0 out of 13 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 10 recommended AAP as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight.
Advance Auto Parts Inc (NYSE:AAP) trade information
Instantly AAP was in red as seen in intraday trades today. With action -1.07%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -31.55%, with the 5-day performance at -1.07% in the red. However, in the 30-day time frame, Advance Auto Parts Inc (NYSE:AAP) is -1.73% down.
The consensus price target for the stock as assigned by Wall Street analysts is 178, meaning bulls need an upside of 81.81% from its recent market value. According to analyst projections, AAP’s forecast low is 38 with 282 as the target high. To hit the forecast high, the stock’s price needs a -771.18% plunge from its current level, while the stock would need to soar -17.39% for it to hit the projected low.
The 2025 estimates are for Advance Auto Parts Inc earnings to increase by 590.19%.
AAP Dividends
Advance Auto Parts Inc is expected to release its next quarterly earnings report in June. The 3.09% annual yield figure for the share gives it an annual dividend of 1.00. It is important to note, however, that the 3.09% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 11.2923% or 6.73 million shares worth $426.46 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were T. Rowe Price Mid-Cap Value Fund, Inc. and iShares Trust-iShares Core S&P Small-Cap ETF . With 3.88 shares estimated at $125.79 million under it, the former controlled 6.49% of total outstanding shares. On the other hand, iShares Trust-iShares Core S&P Small-Cap ETF held about 6.13% of the shares, roughly 3.67 shares worth around $118.88 million.
