Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Advance Auto Parts Inc (NYSE: AAP) closed at $37.70 down -17.83% from its previous closing price of $45.88. In other words, the price has decreased by -$17.83 from its previous closing price. On the day, 8.83 million shares were traded.
Ratios:
For a deeper understanding of Advance Auto Parts Inc’s stock, let’s take a closer look at its various 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 9.79. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
As of this moment, Advance’s Price-to-Earnings (P/E) ratio for their current fiscal year is 51.74, and their Forward P/E ratio for the next fiscal year is 12.64. 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 0.87.
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 -17.82%, while the 200-Day Moving Average is calculated to be -25.28%.
Shares Statistics:
A total of 59.73M shares are outstanding, with a floating share count of 59.06M. Insiders hold about 1.13% of the company’s shares, while institutions hold 122.22% stake in the company.
