In the past week, AAP stock has gone up by 2.96%, with a monthly gain of 1.89% and a quarterly surge of 9.97%. The volatility ratio for the week is 4.62%, and the volatility levels for the last 30 days are 4.68% for Advance Auto Parts Inc The simple moving average for the past 20 days is 0.53% for AAP’s stock, with a -22.24% simple moving average for the past 200 days.
Is It Worth Investing in Advance Auto Parts Inc (NYSE: AAP) Right Now?
The price-to-earnings ratio for Advance Auto Parts Inc (NYSE: AAP) is above average at 60.72x. The 36-month beta value for AAP is also noteworthy at 1.23. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 23 rating it as “hold,” and 1 rating it as “sell.”
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The public float for AAP is 59.07M, and at present, short sellers hold a 16.81% of that float. The average trading volume of AAP on December 27, 2024 was 2.65M shares.
AAP) stock’s latest price update
Advance Auto Parts Inc (NYSE: AAP) has seen a rise in its stock price by 1.17 in relation to its previous close of 43.73. However, the company has experienced a 2.96% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-12-20 that RALEIGH, N.C.–(BUSINESS WIRE)–Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installers and do-it-yourself customers, today announced that it has appointed Michael Beland as senior vice president, controller and chief accounting officer, effective January 5, 2025. In this role, Mr. Beland will be responsible for enterprise-wide accounting operations, tax, external financial reporting, and all related complia.
Analysts’ Opinion of AAP
Many brokerage firms have already submitted their reports for AAP stocks, with BMO Capital Markets repeating the rating for AAP by listing it as a “Market Perform.” The predicted price for AAP in the upcoming period, according to BMO Capital Markets is $45 based on the research report published on December 13, 2024 of the current year 2024.
ROTH MKM, on the other hand, stated in their research note that they expect to see AAP reach a price target of $40. The rating they have provided for AAP stocks is “Neutral” according to the report published on October 16th, 2024.
Wedbush gave a rating of “Outperform” to AAP, setting the target price at $55 in the report published on October 15th of the current year.
AAP Trading at 8.11% from the 50-Day Moving Average
After a stumble in the market that brought AAP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -50.05% of loss for the given period.
Volatility was left at 4.68%, however, over the last 30 days, the volatility rate increased by 4.62%, as shares surge +0.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.09% upper at present.
During the last 5 trading sessions, AAP rose by +2.96%, which changed the moving average for the period of 200-days by -43.63% in comparison to the 20-day moving average, which settled at $44.01. In addition, Advance Auto Parts Inc saw -27.51% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AAP starting from Finley Tammy M, who sale 1,276 shares at the price of $44.06 back on Dec 05 ’24. After this action, Finley Tammy M now owns 24,266 shares of Advance Auto Parts Inc, valued at $56,221 using the latest closing price.
Finley Tammy M, the Officer of Advance Auto Parts Inc, proposed sale 1,276 shares at $44.06 during a trade that took place back on Dec 05 ’24, which means that Finley Tammy M is holding shares at $56,220 based on the most recent closing price.
Stock Fundamentals for AAP
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.41 for the gross margin
The net margin for Advance Auto Parts Inc stands at 0.0. The total capital return value is set at 0.02. Equity return is now at value 0.93, with 0.20 for asset returns.
Based on Advance Auto Parts Inc (AAP), the company’s capital structure generated 0.41 points at debt to capital in total, while cash flow to debt ratio is standing at 0.23. The debt to equity ratio resting at 0.69. The interest coverage ratio of the stock is 1.36.
Currently, EBITDA for the company is 426.36 million with net debt to EBITDA at 8.88. When we switch over and look at the enterprise to sales, we see a ratio of 0.56. The receivables turnover for the company is 16.0for trailing twelve months and the total asset turnover is 0.86. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.34.
Conclusion
In summary, Advance Auto Parts Inc (AAP) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
