Advance Auto Parts Stock Today

AAP Stock  USD 41.35  3.09  6.95%   

Performance

0 of 100

 
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Odds Of Distress

Less than 35

 
High
 
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Below Average
Advance Auto is selling at 41.35 as of the 30th of November 2024; that is 6.95 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 41.01. Advance Auto has about a 35 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Advance Auto Parts are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Consumer Discretionary Distribution & Retail
IPO Date
29th of November 2001
Category
Consumer Cyclical
Classification
Consumer Discretionary
Advance Auto Parts, Inc. provides automotive replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy duty trucks. The company was founded in 1929 and is based in Raleigh, North Carolina. The company has 59.73 M outstanding shares of which 10.58 M shares are presently shorted by investors with about 3.77 days to cover. More on Advance Auto Parts

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Advance Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOThomas Greco
Thematic Ideas
(View all Themes)
Old Names[Alpha Peak Leisure Inc, MOKO SOCIAL, MOKO SOCIAL, MOKO SOCIAL]
Business ConcentrationAutomotive Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NYSE Composite, SP Small-Cap 600, SP RETAIL SELECT, Macroaxis Index, Retail, Consumer Discretionary, Specialty Retail, Specialty Retail, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.04410.0349
Significantly Up
Slightly volatile
Asset Turnover1.51.07
Significantly Up
Pretty Stable
Gross Profit Margin0.360.4
Moderately Down
Slightly volatile
Total Current Liabilities2.9 B5.3 B
Way Down
Slightly volatile
Non Current Liabilities Total4.7 B4.4 B
Sufficiently Up
Slightly volatile
Total Assets12.9 B12.3 B
Sufficiently Up
Slightly volatile
Total Current Assets3.6 B6.4 B
Way Down
Slightly volatile
Total Cash From Operating Activities564.2 M287.4 M
Way Up
Pretty Stable
Debt Levels
Advance Auto can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Advance Auto's financial leverage. It provides some insight into what part of Advance Auto's total assets is financed by creditors.
Liquidity
Advance Auto Parts has 4 B in debt with debt to equity (D/E) ratio of 1.5, which is OK given its current industry classification. Advance Auto Parts has a current ratio of 1.11, demonstrating that it is in a questionable position to pay out its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Advance to invest in growth at high rates of return.

Total Cash From Financing Activities

198.73 Million
Advance Auto Parts (AAP) is traded on New York Stock Exchange in USA. It is located in 4200 Six Forks Road, Raleigh, NC, United States, 27609 and employs 40,000 people. Advance Auto is listed under Automotive Retail category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 2.47 B. Advance Auto Parts runs under Specialty Retail sector within Consumer Discretionary industry. The entity has 59.73 M outstanding shares of which 10.58 M shares are presently shorted by investors with about 3.77 days to cover. Advance Auto Parts has about 269.28 M in cash with 287.38 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.25.
Check Advance Auto Probability Of Bankruptcy
Ownership Allocation
The majority of Advance Auto Parts outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Advance Auto Parts to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Advance Auto. Please pay attention to any change in the institutional holdings of Advance Auto Parts as this could imply that something significant has changed or is about to change at the company.
Check Advance Ownership Details

Advance Stock Institutional Holders

InstituionRecorded OnShares
Ubs Group Ag2024-06-30
1.2 M
Royce & Associates, Lp2024-09-30
1.1 M
American Century Companies Inc2024-09-30
913.6 K
Geode Capital Management, Llc2024-09-30
830 K
Legion Partners Asset Management, Llc2024-09-30
822.8 K
Estuary Capital Management, Lp2024-09-30
787 K
Federated Hermes Inc2024-09-30
786.7 K
Dorsal Capital Management Llc2024-09-30
750 K
Goldman Sachs Group Inc2024-06-30
717.3 K
Blackrock Inc2024-06-30
7.4 M
Vanguard Group Inc2024-09-30
6.6 M
View Advance Auto Diagnostics

Advance Auto Historical Income Statement

At this time, Advance Auto's Interest Expense is relatively stable compared to the past year. As of 11/30/2024, EBITDA is likely to grow to about 729.5 M, while Total Revenue is likely to drop slightly above 7.2 B. View More Fundamentals

Advance Stock Against Markets

Advance Auto Corporate Directors

Bradley BussIndependent DirectorProfile
Sharon McCollamIndependent DirectorProfile
Arthur ValdezIndependent DirectorProfile
Sherice TorresIndependent DirectorProfile

Already Invested in Advance Auto Parts?

The danger of trading Advance Auto Parts is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Advance Auto is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Advance Auto. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Advance Auto Parts is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Tools for Advance Stock Analysis

When running Advance Auto's price analysis, check to measure Advance Auto's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Advance Auto is operating at the current time. Most of Advance Auto's value examination focuses on studying past and present price action to predict the probability of Advance Auto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advance Auto's price. Additionally, you may evaluate how the addition of Advance Auto to your portfolios can decrease your overall portfolio volatility.