Advance Auto Parts Inc (NYSE:AAP)’s traded shares stood at 5.21 million during the last session, with the company’s beta value hitting 1.11. At the close of trading, the stock’s price was $59.65, to imply a decrease of -10.30% or -$6.85 in intraday trading. The AAP share’s 52-week high remains $68.26, putting it -14.43% down since that peak but still an impressive 51.57% since price per share fell to its 52-week low of $28.89. The company has a valuation of $3.57B, with an average of 2.81 million shares in intraday trading volume over the past 10 days and average of 3.17 million shares over the past 3 months.
Analysts have given a consensus recommendation of Hold for Advance Auto Parts Inc (AAP), translating to a mean rating of 3.17. Of 13 analyst(s) looking at the stock, 0 analyst(s) give AAP a Sell rating. 0 of those analysts rate the stock as Overweight while 10 advise Hold as 3 recommend it as a Buy.
Advance Auto Parts Inc (NYSE:AAP) trade information
After registering a -10.30% downside in the last session, Advance Auto Parts Inc (AAP) has traded red over the past five days. The 5-day price performance for the stock is -2.34%, and 23.60% over 30 days. With these gigs, the year-to-date price performance is -0.17%. Short interest in Advance Auto Parts Inc (NYSE:AAP) saw shorts transact 11.53 million shares and set a 4.15 days time to cover.
The extremes give us $35 and $50 for target low and target high price respectively. As such, AAP has been trading 16.18% off suggested target high and 41.32% from its likely low.
AAP Dividends
Advance Auto Parts Inc has its next earnings report out on 2025-May-22. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Advance Auto Parts Inc has a forward dividend ratio of 1.00, with the share yield ticking at 1.68% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 2.72%.
Advance Auto Parts Inc (NYSE:AAP)’s Major holders
Advance Auto Parts Inc insiders hold 0.97% of total outstanding shares, with institutional holders owning 125.88% of the shares at 127.12% float percentage. In total, 125.88% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 7.43 million shares (or 12.4656% of shares), all amounting to roughly $470.77 million.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 6.73 million shares, or about 11.2923% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $426.46 million.
