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As of close of business last night, Advance Auto Parts Inc’s stock clocked out at $38.98, up 0.36% from its previous closing price of $38.84. In other words, the price has increased by $0.36 from its previous closing price. On the day, 1.65 million shares were traded. AAP stock price reached its highest trading level at $39.2699 during the session, while it also had its lowest trading level at $38.53.
Ratios:
To gain a deeper understanding of AAP’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.65. For the most recent quarter (mrq), Quick Ratio is recorded 0.30 and its Current Ratio is at 1.23. In the meantime, Its Debt-to-Equity ratio is 1.52 whereas as Long-Term Debt/Eq ratio is at 1.52.
On October 15, 2024, Wedbush Upgraded its rating to Outperform which previously was Neutral but kept the price unchanged to $55.
On March 19, 2024, Mizuho started tracking the stock assigning a Neutral rating and target price of $78.Mizuho initiated its Neutral rating on March 19, 2024, with a $78 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Oct 25 ’24 when Jones Jeffrey J II bought 69 shares for $36.74 per share. The transaction valued at 2,545 led to the insider holds 11,874 shares of the business.
Soler Kristen L bought 450 shares of AAP for $30,150 on Jun 03 ’24. The EVP, Chief HR Officer now owns 15,690 shares after completing the transaction at $67.00 per share. On Mar 27 ’24, another insider, Windom Brent, who serves as the Director of the company, bought 4,700 shares for $85.34 each. As a result, the insider paid 401,098 and bolstered with 10,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AAP now has a Market Capitalization of 2326104064 and an Enterprise Value of 6309751296. As of this moment, Advance’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3360.34, and their Forward P/E ratio for the next fiscal year is 13.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.21 while its Price-to-Book (P/B) ratio in mrq is 0.89. Its current Enterprise Value per Revenue stands at 0.56 whereas that against EBITDA is 17.567.
Stock Price History:
Over the past 52 weeks, AAP has reached a high of $88.56, while it has fallen to a 52-week low of $35.59. The 50-Day Moving Average of the stock is -1.11%, while the 200-Day Moving Average is calculated to be -36.01%.
Shares Statistics:
It appears that AAP traded 2.78M shares on average per day over the past three months and 2486610 shares per day over the past ten days. A total of 59.51M shares are outstanding, with a floating share count of 59.02M. Insiders hold about 1.10% of the company’s shares, while institutions hold 109.03% stake in the company. Shares short for AAP as of 1728950400 were 10566862 with a Short Ratio of 3.80, compared to 1726185600 on 9562124. Therefore, it implies a Short% of Shares Outstanding of 10566862 and a Short% of Float of 23.49.
Dividends & Splits
With its trailing 12-month dividend rate of 1.0, AAP has a forward annual dividend rate of 1.00. Against a Trailing Annual Dividend Yield of 0.025746653The stock’s 5-year Average Dividend Yield is 2.44.
