In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of Advance Auto Parts Inc (NYSE: AAP) was $40.37 for the day, up 6.74% from the previous closing price of $37.82. In other words, the price has increased by $6.74 from its previous closing price. On the day, 4.82 million shares were traded. AAP stock price reached its highest trading level at $41.67 during the session, while it also had its lowest trading level at $37.75.
Ratios:
Our analysis of AAP’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.54 and its Current Ratio is at 1.32. In the meantime, Its Debt-to-Equity ratio is 1.91 whereas as Long-Term Debt/Eq ratio is at 1.70.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 11 ’25 when OKelly Shane M bought 1,500 shares for $36.79 per share. The transaction valued at 55,185 led to the insider holds 183,121 shares of the business.
LEE EUGENE I JR bought 14,640 shares of AAP for $499,956 on Mar 06 ’25. The Director now owns 34,070 shares after completing the transaction at $34.15 per share. On Mar 04 ’25, another insider, Soler Kristen L, who serves as the EVP, Chief HR Officer of the company, bought 1,000 shares for $35.33 each. As a result, the insider paid 35,330 and bolstered with 17,205 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 2415462144 and an Enterprise Value of 4692278272. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24 while its Price-to-Book (P/B) ratio in mrq is 1.11. Its current Enterprise Value per Revenue stands at 0.516 whereas that against EBITDA is 14.704.
Stock Price History:
The Beta on a monthly basis for AAP is 1.14, which has changed by -0.52744937 over the last 52 weeks, in comparison to a change of 0.08572841 over the same period for the S&P500. Over the past 52 weeks, AAP has reached a high of $86.46, while it has fallen to a 52-week low of $33.08. The 50-Day Moving Average of the stock is -5.05%, while the 200-Day Moving Average is calculated to be -14.02%.
Shares Statistics:
AAP traded an average of 2.24M shares per day over the past three months and 2002340 shares per day over the past ten days. A total of 59.77M shares are outstanding, with a floating share count of 58.90M. Insiders hold about 1.56% of the company’s shares, while institutions hold 121.83% stake in the company. Shares short for AAP as of 1741910400 were 8419039 with a Short Ratio of 3.76, compared to 1739491200 on 9873570. Therefore, it implies a Short% of Shares Outstanding of 8419039 and a Short% of Float of 18.67.
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 0.026441036The stock’s 5-year Average Dividend Yield is 2.58. The current Payout Ratio is 451.08% for AAP, which recently paid a dividend on 2025-01-10 with an ex-dividend date of 1744329600. Stock splits for the company last occurred on 2005-09-26 when the company split stock in a 3:2 ratio.
