In the last trading session, 9.53 million shares of the Advance Auto Parts Inc (NYSE:AAP) were traded, and its beta was 1.07. Most recently the company’s share price was $48.67, and it changed around -$0.5 or -1.02% from the last close, which brings the market valuation of the company to $2.92B. AAP currently trades at a discount to its 52-week high of $71.62, offering almost -47.15% off that amount. The share price’s 52-week low was $28.89, which indicates that the current value has risen by an impressive 40.64% since then.
Advance Auto Parts Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.11. If we narrow it down even further, the data shows that 1 out of 29 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 23 recommended AAP as a Hold, whereas 2 deemed it a Buy, and 2 rated it as Underweight. Advance Auto Parts Inc is expected to report earnings per share of 0.56 for the current quarter.
Advance Auto Parts Inc (NYSE:AAP) trade information
Instantly AAP has showed a red trend with a performance of -1.02% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 50.04 on recent trading dayincreased the stock’s daily price by 2.74%. The company’s shares are currently up 2.92% year-to-date, but still up 38.94% over the last five days. On the other hand, Advance Auto Parts Inc (NYSE:AAP) is 47.75% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $35, which translates to bulls needing to decrease their stock price by -39.06% from its current value. Analyst projections state that AAP is forecast to be at a low of $35 and a high of $35.
Advance Auto Parts Inc (AAP) estimates and forecasts
The year-over-year growth rate is expected to be -6.66%, down from the previous year.
Consensus estimates provided by 22 financial analysts predict the company will bring in an average of 1.97B in revenue for the current quarter. 22 analysts expect Advance Auto Parts Inc to make 2B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 2.68B and 2.15B respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -26.57%. Forecasts for the next quarter put sales growth at -7.05%.
AAP Dividends
Advance Auto Parts Inc’s next quarterly earnings report is expected to be released in June. The annual dividend yield of the stock is 2.05 percent and its annual dividend per share was 1.00. It is important to note, however, that the 2.05% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
VANGUARD GROUP INC, with 11.2923% or 6.73 million shares worth $426.46 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
T. Rowe Price Mid-Cap Value Fund, Inc. and iShares Trust-iShares Core S&P Small-Cap ETF were the top two Mutual Funds as of Dec 31, 2024 . The former held 3.88 shares worth $188.95 million, making up 6.48% of all outstanding shares. On the other hand, iShares Trust-iShares Core S&P Small-Cap ETF held roughly 3.61 shares worth around $175.49 million, which represents about 6.02% of the total shares outstanding.
