Advance Auto Parts Inc (AAP) concluded trading on Wednesday at a closing price of $37.70, with 8.83 million shares of worth about $332.92 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -23.30% during that period and on Wednesday the price saw a loss of about -17.83%. Currently the company’s common shares owned by public are about 59.73M shares, out of which, 59.06M shares are available for trading.
Stock saw a price change of -14.94% in past 5 days and over the past one month there was a price change of -23.41%. Year-to-date (YTD), AAP shares are showing a performance of -20.28% which decreased to -38.30% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $35.59 but also hit the highest price of $88.56 during that period. The average intraday trading volume for Advance Auto Parts Inc shares is 1.91 million. The stock is currently trading -18.74% below its 20-day simple moving average (SMA20), while that difference is down -17.82% for SMA50 and it goes to -25.28% lower than SMA200.
Advance Auto Parts Inc (NYSE: AAP) currently have 59.73M outstanding shares and institutions hold larger chunk of about 122.22% of that.
The stock has a current market capitalization of $2.25B and its 3Y-monthly beta is at 1.26. PE ratio of stock for trailing 12 months is 51.74, while it has posted earnings per share of $0.73 in the same period. It has Quick Ratio of 0.62 while making debt-to-equity ratio of 1.47. 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 7.99% while standing at 4.95% over the month.
Stock’s fiscal year EPS is expected to rise by 128.45% while it is estimated to increase by 82.64% 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 BMO Capital Markets on December 13, 2024 offering a Market perform rating for the stock and assigned a target price of $45 to it. Coverage by ROTH MKM stated Advance Auto Parts Inc (AAP) stock as a Neutral in their note to investors on October 16, 2024, suggesting a price target of $40 for the stock. On October 15, 2024, Wedbush Upgrade their recommendations, while on March 19, 2024, Mizuho Initiated their ratings for the stock with a price target of $78. Stock get a Mkt perform rating from William Blair on December 13, 2023.
