Advance Auto Parts Inc (AAP) concluded trading on Thursday at a closing price of $38.89, with 4.81 million shares of worth about $186.92 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -50.93% during that period and on October 03, 2024 the price saw a gain of about 4.63%. Currently the company’s common shares owned by public are about 59.51M shares, out of which, 59.00M shares are available for trading.
Stock saw a price change of -3.33% in past 5 days and over the past one month there was a price change of -8.32%. Year-to-date (YTD), AAP shares are showing a performance of -36.28% which decreased to -27.17% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $37.08 but also hit the highest price of $88.56 during that period. The average intraday trading volume for Advance Auto Parts Inc shares is 2.24 million. The stock is currently trading -2.99% below its 20-day simple moving average (SMA20), while that difference is down -22.15% for SMA50 and it goes to -39.24% lower than SMA200.
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Advance Auto Parts Inc (NYSE: AAP) currently have 59.51M outstanding shares and institutions hold larger chunk of about 109.08% of that.
The stock has a current market capitalization of $2.32B and its 3Y-monthly beta is at 1.19. PE ratio of stock for trailing 12 months is 3352.59, while it has posted earnings per share of $0.01 in the same period. It has Quick Ratio of 0.30 while making debt-to-equity ratio of 1.52. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AAP, volatility over the week remained 4.87% while standing at 4.05% over the month.
Stock’s fiscal year EPS is expected to rise by 325.94% while it is estimated to increase by 29.92% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Mizuho on March 19, 2024 offering a Neutral rating for the stock and assigned a target price of $78 to it. On November 16, 2023, BofA Securities Downgrade their recommendations, while on October 10, 2023, TD Cowen Initiated their ratings for the stock with a price target of $55. Stock get an Underweight rating from Atlantic Equities on July 10, 2023.
