Advance Auto Parts Inc [AAP] stock prices are down -0.16% to $36.52 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The AAP shares have gain 5.61% over the last week, with a monthly amount drifted -20.52%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Advance Auto Parts Inc [NYSE: AAP] stock has seen the most recent analyst activity on December 13, 2024, when BMO Capital Markets initiated its Market Perform rating and assigned the stock a price target of $45. On October 15, 2024, upgrade upgraded it’s rating to Outperform but maintained its price target of $55 on the stock. Mizuho started tracking the stock assigning a Neutral rating and suggested a price target of $78 on March 19, 2024. BofA Securities downgraded its rating to Underperform for this stock on November 16, 2023, and downed its price target to $43. In a note dated October 10, 2023, TD Cowen initiated an Market Perform rating and provided a target price of $55 on this stock.
The stock price of Advance Auto Parts Inc [AAP] has been fluctuating between $33.08 and $88.56 over the past year. Currently, Wall Street analysts expect the stock to reach $38.5 within the next 12 months. Advance Auto Parts Inc [NYSE: AAP] shares were valued at $36.52 at the most recent close of the market. An investor can expect a potential return of 5.42% based on the average AAP price forecast.
Analyzing the AAP fundamentals
The Advance Auto Parts Inc [NYSE:AAP] reported sales of 10.23B for trailing twelve months, representing a drop of -19.02%. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at -0.06%, Pretax Profit Margin comes in at -0.07%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.14 and Total Capital is -0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.7.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 35.84 points at the first support level, and at 35.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 37.70, and for the 2nd resistance point, it is at 38.87.
Ratios To Look Out For
It’s worth pointing out that Advance Auto Parts Inc [NYSE:AAP]’s Current Ratio is 1.32. Further, the Quick Ratio stands at 0.54, while the Cash Ratio is 0.4. Considering the valuation of this stock, the price to sales ratio is 0.21, the price to book ratio is 1.01.
Transactions by insiders
Recent insider trading involved LEE EUGENE I JR, Director, that happened on Mar 06 ’25 when 14640.0 shares were purchased. EVP, Chief HR Officer, Soler Kristen L completed a deal on Mar 04 ’25 to buy 1000.0 shares. Meanwhile, EVP, General Counsel, Corp Sec Finley Tammy M sold 1276.0 shares on Dec 05 ’24.
