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The price of Advance Auto Parts Inc (NYSE: AAP) closed at $39.48 in the last session, up 1.83% from day before closing price of $38.77. In other words, the price has increased by $1.83 from its previous closing price. On the day, 1.71 million shares were traded. AAP stock price reached its highest trading level at $39.52 during the session, while it also had its lowest trading level at $38.31.
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 4.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.74. 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.
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, Mizuho on March 19, 2024, initiated with a Neutral rating and assigned the stock a target price of $78.
BofA Securities Downgraded its Neutral to Underperform on November 16, 2023, whereas the target price for the stock was revised from $60 to $43.
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 Jun 03 ’24 when Soler Kristen L bought 450 shares for $67.00 per share. The transaction valued at 30,150 led to the insider holds 15,690 shares of the business.
Windom Brent bought 4,700 shares of AAP for $401,098 on Mar 27 ’24. The Director now owns 10,000 shares after completing the transaction at $85.34 per share. On Mar 21 ’24, another insider, Word Herman L Jr, who serves as the EVP, U.S. Stores & CQ Ind. of the company, sold 1,858 shares for $86.08 each. As a result, the insider received 159,937 and left with 10,448 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 2355941376 and an Enterprise Value of 6339391488. As of this moment, Advance’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3403.45, and their Forward P/E ratio for the next fiscal year is 14.02. 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 0.90. Its current Enterprise Value per Revenue stands at 0.562 whereas that against EBITDA is 17.65.
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 $37.51. The 50-Day Moving Average of the stock is -29.57%, while the 200-Day Moving Average is calculated to be -39.36%.
Shares Statistics:
According to the various share statistics, AAP traded on average about 1.94M shares per day over the past 3-months and 2991780 shares per day over the past 10 days. A total of 59.51M shares are outstanding, with a floating share count of 58.99M. Insiders hold about 1.14% of the company’s shares, while institutions hold 110.06% stake in the company. Shares short for AAP as of 1724976000 were 9433650 with a Short Ratio of 4.87, compared to 1722384000 on 7234075. Therefore, it implies a Short% of Shares Outstanding of 9433650 and a Short% of Float of 20.969999.
Dividends & Splits
The forward annual dividend rate for AAP is 1.00, which was 1.0 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.025793139The stock’s 5-year Average Dividend Yield is 2.36.
