Advance Auto Parts, Inc (AAP) is a leading specialty retail business based in the US. It opened the day at $158.61 after a previous close of $157.66. During the day the price has varied from a low of $157.82 to a high of $161.33. The latest price was $158.1 (25 minute delay). Advance Auto Parts is listed on the NYSE and employs 39,000 staff. All prices are listed in US Dollars.
Since the stock market crash in March caused by coronavirus, Advance Auto Parts's share price has had significant positive movement.
Its last market close was $153.25, which is 8.25% up on its pre-crash value of $140.61 and 114.85% up on the lowest point reached during the March crash when the shares fell as low as $71.3286.
If you had bought $1,000 worth of Advance Auto Parts shares at the start of February 2020, those shares would have been worth $591.89 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,155.51.
|52-week range||$70.9763 - $169.9605|
|50-day moving average||$154.005|
|200-day moving average||$151.1792|
|Wall St. target price||$175.13|
|Dividend yield||$1 (0.62%)|
|Earnings per share (TTM)||$6.869|
All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
|1 week (2021-01-08)||-7.03%|
|1 month (2020-12-18)||-1.18%|
|3 months (2020-10-16)||2.01%|
|6 months (2020-07-17)||9.14%|
|1 year (2020-01-17)||4.67%|
|2 years (2019-01-17)||-4.92%|
|3 years (2018-01-17)||37.06%|
|5 years (2016-01-15)||9.57%|
Valuing Advance Auto Parts stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Advance Auto Parts's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Advance Auto Parts's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 23x. In other words, Advance Auto Parts shares trade at around 23x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
However, Advance Auto Parts's P/E ratio is best considered in relation to those of others within the specialty retail industry or those of similar companies.
Advance Auto Parts's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.0737. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Advance Auto Parts's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
However, it's sensible to consider Advance Auto Parts's PEG ratio in relation to those of similar companies.
Advance Auto Parts's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $1 billion (£0.0 million).
The EBITDA is a measure of a Advance Auto Parts's overall financial performance and is widely used to measure a its profitability.
To put Advance Auto Parts's EBITDA into context you can compare it against that of similar companies.
|Revenue TTM||$9.9 billion|
|Operating margin TTM||7.79%|
|Gross profit TTM||$4.3 billion|
|Return on assets TTM||4.16%|
|Return on equity TTM||13.22%|
|Market capitalisation||$10.9 billion|
TTM: trailing 12 months
There are currently 3.0 million Advance Auto Parts shares held short by investors – that's known as Advance Auto Parts's "short interest". This figure is 2.4% up from 2.9 million last month.
There are a few different ways that this level of interest in shorting Advance Auto Parts shares can be evaluated.
Advance Auto Parts's "short interest ratio" (SIR) is the quantity of Advance Auto Parts shares currently shorted divided by the average quantity of Advance Auto Parts shares traded daily (recently around 1.1 million). Advance Auto Parts's SIR currently stands at 2.8. In other words for every 100,000 Advance Auto Parts shares traded daily on the market, roughly 2800 shares are currently held short.
To gain some more context, you can compare Advance Auto Parts's short interest ratio against those of similar companies.
However Advance Auto Parts's short interest can also be evaluated against the total number of Advance Auto Parts shares, or, against the total number of tradable Advance Auto Parts shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Advance Auto Parts's short interest could be expressed as 0.04% of the outstanding shares (for every 100,000 Advance Auto Parts shares in existence, roughly 40 shares are currently held short) or 0.0513% of the tradable shares (for every 100,000 tradable Advance Auto Parts shares, roughly 51 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Advance Auto Parts.
Find out more about how you can short Advance Auto Parts stock.
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Advance Auto Parts.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 17.4
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Advance Auto Parts's overall score of 17.4 (as at 01/01/2019) is excellent – landing it in it in the 9th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Advance Auto Parts is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
To gain some more context, you can compare Advance Auto Parts's total ESG risk score against those of similar companies.
Environmental score: 6.6/100
Advance Auto Parts's environmental score of 6.6 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that Advance Auto Parts is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 12.17/100
Advance Auto Parts's social score of 12.17 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that Advance Auto Parts is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 9.13/100
Advance Auto Parts's governance score puts it squarely in the 7th percentile of companies rated in the same sector. That could suggest that Advance Auto Parts is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. A high-profile company, Advance Auto Parts scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Advance Auto Parts has, for the most part, managed to keep its nose clean.
Wondering how that compares? Below are the controversy scores of similar companies.
|Total ESG score||17.4|
|Total ESG percentile||8.52|
|Environmental score percentile||7|
|Social score percentile||7|
|Governance score percentile||7|
|Level of controversy||2|
Dividend payout ratio: 12.08% of net profits
Recently Advance Auto Parts has paid out, on average, around 12.08% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.62% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Advance Auto Parts shareholders could enjoy a 0.62% return on their shares, in the form of dividend payments. In Advance Auto Parts's case, that would currently equate to about $1 per share.
While Advance Auto Parts's payout ratio might seem low, this can signify that Advance Auto Parts is investing more in its future growth.
Advance Auto Parts's most recent dividend payout was on 4 January 2021. The latest dividend was paid out to all shareholders who bought their shares by 17 December 2020 (the "ex-dividend date").
Advance Auto Parts's dividend payout ratio is perhaps best considered in relation to those of similar companies.
Advance Auto Parts's shares were split on a 3:2 basis on 26 September 2005. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Advance Auto Parts shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Advance Auto Parts shares which in turn could have impacted Advance Auto Parts's share price.
Over the last 12 months, Advance Auto Parts's shares have ranged in value from as little as $70.9763 up to $169.9605. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Advance Auto Parts's is 1.2772. This would suggest that Advance Auto Parts's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
To put Advance Auto Parts's beta into context you can compare it against those of similar companies.
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 offers battery accessories; belts and hoses; brakes and brake pads; chassis and climate control parts; clutches and drive shafts; engines and engine parts; exhaust systems and parts; hub assemblies; ignition components and wires; radiators and cooling parts; starters and alternators; and steering and alignment parts. It also offers air conditioning chemicals and accessories; air fresheners; antifreeze and washer fluids; electrical wires and fuses; electronics; floor mats, seat covers, and interior accessories; hand and specialty tools; lighting products; performance parts; sealants, adhesives and compounds; tire repair accessories; vent shades, mirrors and exterior accessories; washes, waxes and cleaning supplies; and wiper blades. In addition, the company offers air filters; fuel and oil additives; fuel filters; grease and lubricants; motor oils; oil filters, part cleaners and treatments; and transmission fluids for engine maintenance. Further, it offers battery and wiper installation; engine light scanning checking; electrical system testing; video clinic; oil and battery recycling; and loaner tool program services. Additionally, the company sells its products through its Website. It serves professional installers and do-it-yourself customers. Advance Auto Parts, Inc. operates its stores under the Advance Auto Parts, Autopart International, Carquest, and Worldpac brand names. As of December 28, 2019, it operated 4,877 stores and 160 branches in the United States, Puerto Rico, the U.S. Virgin Islands, and Canada; and served 1,253 independently owned Carquest branded stores in Mexico, the Bahamas, Turks and Caicos, and the British Virgin Islands. The company was founded in 1929 and is based in Raleigh, North Carolina.
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