Advance Auto Stock Target Price and Analyst Consensus

AAP Stock  USD 44.44  0.60  1.37%   
The current analyst and expert consensus on Advance Auto is Buy with 22 hold recommendations. The current projected Advance Auto target price consensus is 68.61 with 28 analyst opinions. One of the most common ways Advance Auto Parts analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Advance Auto vendors, executives, and/or customers. Advance Auto recommendation module provides expert sentiment on the projected Advance Auto Parts target price to derive its highest and lowest estimates based on target price standard deviation of 3.0675.
Lowest Forecast
62.44
Highest Forecast
76.16
Target Price
68.61
As of 11/28/2024, Gross Profit is likely to drop to about 3.2 B. In addition to that, Pretax Profit Margin is likely to drop to 0.05. At this time, Advance Auto's Other Liabilities is relatively stable compared to the past year. As of 11/28/2024, Property Plant And Equipment Net is likely to grow to about 4.4 B, while Other Assets are likely to drop 0.95.
  
It's important to approach Advance Auto's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Advance Auto price targets

Advance Auto's stock target price is an estimate of its future price, usually made by analysts. Using Advance Auto's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Advance Auto's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Advance Auto's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Advance Auto Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Advance Auto is a key component of Advance Auto valuation and have some predictive power on the future returns of a Advance Auto.
Hype
Prediction
LowEstimatedHigh
41.3944.4447.49
Details
Intrinsic
Valuation
LowRealHigh
40.0055.4358.48
Details
Naive
Forecast
LowNextHigh
41.5844.6347.68
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.21-0.080.13
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Advance Auto. Your research has to be compared to or analyzed against Advance Auto's peers to derive any actionable benefits. When done correctly, Advance Auto's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Advance Auto Parts.

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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.