Advance Auto Parts Inc (AAP)

NYSE
Currency in USD
32.72
-0.59(-1.77%)
Closed·
After Hours
32.98+0.26(+0.79%)
·
AAP Scorecard
Full Analysis
Operates with a significant debt burden
Fair Value
Day's Range
31.8033.01
52 wk Range
28.8977.49
Key Statistics
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Prev. Close
33.31
Open
33.01
Day's Range
31.8-33.01
52 wk Range
28.89-77.49
Volume
1.38M
Average Volume (3m)
2.48M
1-Year Change
-55.83%
Book Value / Share
36.57
Fair Value
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Fair Value Upside
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Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
41.38
Upside
+26.47%
Members' Sentiments
Bearish
Bullish
ProTips
18 analysts have revised their earnings downwards for the upcoming period
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Advance Auto Parts Inc Company Profile

Advance Auto Parts, Inc. engages in the provision of automotive aftermarket parts in the United States and internationally. The company offers batteries and battery accessories; belts and hoses; brakes and brake pads; chassis parts; climate control parts; clutches and drive shafts; engines and engine parts; exhaust systems and parts; hub assemblies; ignition components and wire; radiators and cooling parts; starters and alternators; and steering and alignment parts. It also provides air conditioning chemicals and accessories; air fresheners; antifreeze and washer fluid; electrical wire and fuses; electronics; floor mats, seat covers and interior accessories; hand and specialty tools; lighting; performance parts; sealants, adhesives and compounds; tire repair accessories; vent shades, mirrors and exterior accessories; washes, waxes and cleaning supplies; and wiper blades. In addition, the company offers air filters; fuel and oil additives; fuel filters; grease and lubricants; motor oil; oil filters; part cleaners and treatments; and transmission fluid. Further, it provides battery and wiper installation; engine light scanning and checking; electrical system testing, including batteries, starters, and alternators; oil and battery recycling; and loaner tool program services. The company serves professional installers and do-it-yourself customers. It operates stores under the Advance Auto Parts and Carquest names. The company has stores in the United States, Puerto Rico, the U.S. Virgin Islands, and Canada; and independently owned Carquest branded stores in Mexico and the Caribbean Islands. Advance Auto Parts, Inc. was founded in 1929 and is based in Raleigh, North Carolina.

Employees
48000

Advance Auto Parts Inc SWOT Analysis


Turnaround Tactics
Advance Auto Parts unveils ambitious restructuring plan, including the sale of Worldpac, to revitalize operations and close the gap with industry leaders
Financial Targets
Management sets sights on $9 billion in sales and 7% operating margin by 2027, with analysts cautiously projecting EPS around $7.00
Market Challenges
AAP grapples with operational inefficiencies and DIY sector weakness, while analysts maintain a wary stance due to past turnaround failures
Analyst Outlook
Price targets range from $40 to $66, reflecting mixed sentiment on AAP's ability to execute its strategic plan and improve competitive positioning
Read full SWOT analysis

Advance Auto Parts Inc Earnings Call Summary for Q3/2024

  • Q3 net sales down 3% to $2.1B; gross profit up to $908M (42.3% of sales) due to inventory adjustments
  • Strategic plan targets 7% adjusted operating margin by 2027; 500+ underperforming stores to close
  • 2024 outlook: ~$9B net sales, 1% comparable store sales decline; 2025: $8.4-8.6B sales, 30 new stores
  • Worldpac sale generated $1.5B liquidity; $2.8B vendor financing targeted; $300M annual capex planned
  • Q4 operating margins expected to decline up to 5%; 2024 adjusted EPS forecast: -$0.60 to flat
Last Updated: 2024-11-14, 02:58 p/m
Read Full Transcript

Compare AAP to Peers and Sector

Metrics to compare
AAP
Peers
Sector
Relationship
P/E Ratio
−3.3x−12.6x10.4x
PEG Ratio
0.000.090.02
Price/Book
0.9x0.5x1.4x
Price / LTM Sales
0.2x0.0x0.9x
Upside (Analyst Target)
20.1%43.4%27.8%
Fair Value Upside
Unlock21.1%10.7%Unlock

Analyst Ratings

3 Buy
23 Hold
3 Sell
Ratings:
29 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 41.38
(+26.47% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS -9.84%
Dividend Yield
3.00%
Industry Median 1.75%
Annualized payout
1.00
Paid quarterly
5-Years Growth
+33.03%
Growth Streak

Earnings

Latest Release
Feb 26, 2025
EPS / Forecast
-1.18 / -1.31
Revenue / Forecast
2.00B / 1.93B
EPS Revisions
Last 90 days

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FAQ

What Is the Advance Auto Parts (AAP) Stock Price Today?

The Advance Auto Parts stock price today is 32.72

What Stock Exchange Does Advance Auto Parts Trade On?

Advance Auto Parts is listed and trades on the New York Stock Exchange stock exchange.

What Is the Stock Symbol for Advance Auto Parts?

The stock symbol for Advance Auto Parts is "AAP."

Does Advance Auto Parts Pay Dividends? What’s The Current Dividend Yield?

The Advance Auto Parts dividend yield is 3.07%.

What Is the Advance Auto Parts Market Cap?

As of today, Advance Auto Parts market cap is 1.96B.

What is Advance Auto Parts Earnings Per Share?

The Advance Auto Parts EPS is -9.84.

What Is the Next Advance Auto Parts Earnings Date?

Advance Auto Parts will release its next earnings report on May 28, 2025.

From a Technical Analysis Perspective, Is AAP a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
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