Currently, Advance Auto Parts Inc [AAP] is trading at $37.82, up 0.75%. An important factor to consider is whether the stock is rising or falling in short-term value. The AAP shares have gain 2.44% over the last week, with a monthly amount drifted -17.57%, 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.
This stock has fluctuated between a low of $33.08 and a high of $86.46 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $39 within the next 12 months. Advance Auto Parts Inc [NYSE: AAP] shares were valued at $37.82 at the most recent close of the market. An investor can expect a potential return of 3.12% based on the average AAP price forecast.
Analyzing the AAP fundamentals
Trailing Twelve Months sales for Advance Auto Parts Inc [NYSE:AAP] were 10.23B which represents -19.02% decline. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.7.
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 37.14 points at the first support level, and at 36.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 38.38, and for the 2nd resistance point, it is at 38.95.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Advance Auto Parts Inc [NYSE:AAP] is 1.32. On the other hand, the Quick Ratio is 0.54, and the Cash Ratio is 0.4. Considering the valuation of this stock, the price to sales ratio is 0.22, the price to book ratio is 1.04.
Transactions by insiders
Recent insider trading involved OKelly Shane M, Director, President and CEO, that happened on Mar 11 ’25 when 1500.0 shares were purchased. Director, LEE EUGENE I JR completed a deal on Mar 06 ’25 to buy 14640.0 shares. Meanwhile, EVP, Chief HR Officer Soler Kristen L bought 1000.0 shares on Mar 04 ’25.
