Advance Auto Parts Inc (AAP) concluded trading on Wednesday at a closing price of $52.71, with 6.71 million shares of worth about $353.89 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 36.24% during that period and on Wednesday the price saw a gain of about 6.27%. Currently the company’s common shares owned by public are about 60.00M shares, out of which, 59.00M shares are available for trading.
Stock saw a price change of 54.30% in past 5 days and over the past one month there was a price change of 61.54%. Year-to-date (YTD), AAP shares are showing a performance of 11.46% which decreased to -24.07% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $28.89 but also hit the highest price of $71.62 during that period. The average intraday trading volume for Advance Auto Parts Inc shares is 3.00 million. The stock is currently trading 45.45% above its 20-day simple moving average (SMA20), while that difference is up 48.42% for SMA50 and it goes to 27.49% higher than SMA200.
Advance Auto Parts Inc (NYSE: AAP) currently have 60.00M outstanding shares and institutions hold larger chunk of about 124.19% of that.
The stock has a current market capitalization of $3.16B and its 3Y-monthly beta is at 1.12. It has posted earnings per share of -$5.89 in the same period. It has Quick Ratio of 0.49 while making debt-to-equity ratio of 1.67. 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 21.61% while standing at 10.71% over the month. Stock’s fiscal year EPS is expected to rise by 714.99% while it is estimated to increase by 76.14% 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.
