Advance Auto Parts Inc (NYSE: AAP) is -30.34% lower on its value in year-to-date trading and has touched a low of $28.89 and a high of $77.60 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AAP stock was last observed hovering at around $32.74 in the last trading session, with the day’s gains setting it 0.2%.
Currently trading at $32.94, the stock is -4.30% and -11.95% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.61 million and changing 0.61% at the moment leaves the stock -25.51% off its SMA200. AAP registered -57.34% loss for a year compared to 6-month loss of -19.62%. The firm has a 50-day simple moving average (SMA 50) of $37.4114 and a 200-day simple moving average (SMA200) of $44.2227.
The stock witnessed a -12.25% gain in the last 1 month and extending the period to 3 months gives it a -30.46%, and is 6.67% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.32% over the week and 6.66% over the month.
Advance Auto Parts Inc (AAP) has around 62800 employees, a market worth around $1.97B and $10.23B in sales. Fwd P/E is 10.96. Profit margin for the company is -3.28%. Distance from 52-week low is 14.02% and -57.55% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.73%).
with sales reaching $2.51B over the same period.The EPS is expected to grow by 612.24% this year, but quarterly earnings will post -6.58% year-over-year. Quarterly sales are estimated to shrink -26.36% in year-over-year returns.
488.0 institutions hold shares in Advance Auto Parts Inc (AAP), with institutional investors hold 124.15% of the company’s shares. The shares outstanding are 59.77M, and float is at 58.91M with Short Float at 15.60%. Institutions hold 122.98% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 7.43 million shares valued at $470.77 million. The investor’s holdings represent 12.4656 of the AAP Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 6.73 million shares valued at $426.46 million to account for 11.2923 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 4.5 million shares representing 7.552 and valued at over $285.21 million, while FMR LLC holds 7.0507 of the shares totaling 4.2 million with a market value of $266.28 million.
Advance Auto Parts Inc (AAP) Insider Activity
The most recent transaction is an insider purchase by Grimsland Ryan P, the company’s EVP, Chief Financial Officer. SEC filings show that Grimsland Ryan P bought 200 shares of the company’s common stock on Mar 27 ’25 at a price of $40.70 per share for a total of $8140.0. Following the purchase, the insider now owns 56499.0 shares.
Advance Auto Parts Inc disclosed in a document filed with the SEC on Mar 11 ’25 that OKelly Shane M (Director, President and CEO) bought a total of 1,500 shares of the company’s common stock. The trade occurred on Mar 11 ’25 and was made at $36.79 per share for $55185.0. Following the transaction, the insider now directly holds 0.18 million shares of the AAP stock.
Still, SEC filings show that on Mar 06 ’25, LEE EUGENE I JR (Director) acquired 14,640 shares at an average price of $34.15 for $0.5 million. The insider now directly holds 34,070 shares of Advance Auto Parts Inc (AAP).
