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The price of Advance Auto Parts Inc (NYSE: AAP) closed at $48.88 in the last session, down -0.24% from day before closing price of $49.00. In other words, the price has decreased by -$0.24 from its previous closing price. On the day, 1.37 million shares were traded. AAP stock price reached its highest trading level at $50.4199 during the session, while it also had its lowest trading level at $48.73.
Ratios:
We take a closer look at AAP’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.70. For the most recent quarter (mrq), Quick Ratio is recorded 0.62 and its Current Ratio is at 1.34. In the meantime, Its Debt-to-Equity ratio is 1.47 whereas as Long-Term Debt/Eq ratio is at 1.47.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BMO Capital Markets on December 13, 2024, initiated with a Market Perform rating and assigned the stock a target price of $45.
Wedbush Upgraded its Neutral to Outperform on October 15, 2024, while the target price for the stock was maintained at $55.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 05 ’24 when Finley Tammy M sold 1,276 shares for $44.06 per share. The transaction valued at 56,221 led to the insider holds 24,266 shares of the business.
Finley Tammy M bought 1,276 shares of AAP for $56,220 on Dec 05 ’24. On Nov 26 ’24, another insider, Soler Kristen L, who serves as the EVP, Chief HR Officer of the company, bought 925 shares for $43.12 each. As a result, the insider paid 39,886 and bolstered with 16,240 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 2919822336 and an Enterprise Value of 6441353728. As of this moment, Advance’s Price-to-Earnings (P/E) ratio for their current fiscal year is 67.09, and their Forward P/E ratio for the next fiscal year is 31.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27 while its Price-to-Book (P/B) ratio in mrq is 1.12. Its current Enterprise Value per Revenue stands at 0.571 whereas that against EBITDA is 17.934.
Stock Price History:
The Beta on a monthly basis for AAP is 1.26, which has changed by -0.2259084 over the last 52 weeks, in comparison to a change of 0.20587826 over the same period for the S&P500. 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 7.18%, while the 200-Day Moving Average is calculated to be -6.75%.
Shares Statistics:
According to the various share statistics, AAP traded on average about 2.16M shares per day over the past 3-months and 1447190 shares per day over the past 10 days. A total of 59.73M shares are outstanding, with a floating share count of 59.06M. Insiders hold about 1.14% of the company’s shares, while institutions hold 113.06% stake in the company. Shares short for AAP as of 1730332800 were 10580513 with a Short Ratio of 4.67, compared to 1727654400 on 10082977. Therefore, it implies a Short% of Shares Outstanding of 10580513 and a Short% of Float of 23.52.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.44. The current Payout Ratio is 451.08% for AAP, which recently paid a dividend on 2025-01-10 with an ex-dividend date of 1736467200. Stock splits for the company last occurred on 2005-09-26 when the company split stock in a 3:2 ratio.
