Advance Stock Analysis

AAP -  USA Stock  

USD 216.26  2.57  1.20%

The recent indifference towards the small price fluctuations of Advance Auto Parts could raise concerns from insiders as the firm is trading at a share price of 216.26 on 705,400 in volume. The company executives did not add any value to Advance Auto investors in April. However, most investors can still diversify their portfolios with Advance Auto Parts to hedge their inherited risk against high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.25. The current volatility is consistent with the ongoing market swings in April 2022 as well as with Advance Auto unsystematic, company-specific events.
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The Advance Auto stock analysis report makes it easy to digest most publicly released information about Advance Auto and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Advance Stock analysis module also helps to analyze the Advance Auto price relationship with some important fundamental indicators such as market cap and management efficiency.

Advance Stock Analysis Notes

About 102.0% of the company shares are held by institutions such as insurance companies. The book value of Advance Auto was presently reported as 51.66. The company has Price/Earnings To Growth (PEG) ratio of 1.2. Advance Auto Parts recorded earning per share (EPS) of 9.82. The entity next dividend is scheduled to be issued on the 16th of December 2021. The firm had 3:2 split on the 26th of September 2005. 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. Advance Auto operates under Specialty Retail classification in the United States and is traded on New York Stock Exchange. It employs 40000 people. For more info on Advance Auto Parts please contact Thomas Greco at 540 362 4911 or go to https://www.advanceautoparts.com.

Advance Auto Quarterly Cost of Revenue

1.32 Billion

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Advance Auto Parts Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Advance Auto's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Advance Auto Parts or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Advance Auto Parts has a strong financial position based on the latest SEC filings
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Advance Auto Parts Upcoming and Recent Events

Earnings reports are used by Advance Auto to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Advance Auto previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report15th of February 2022
Next Financial Report1st of June 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End15th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Advance Largest EPS Surprises

Earnings surprises can significantly impact Advance Auto's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2004-02-18
2003-12-310.270.30.0311 
2003-08-07
2003-06-300.350.40.0514 
2010-02-17
2009-12-310.460.39-0.0715 
View All Earnings Estimates

Advance Auto SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Advance Auto prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Advance Auto investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Advance Auto Parts specific information freely available to individual and institutional investors to make a timely investment decision.
16th of March 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
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4th of March 2022
Financial Statements and Exhibits. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Entry into a Material Definitive Agreement
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1st of March 2022
Financial Statements and Exhibits. Entry into a Material Definitive Agreement
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14th of February 2022
Financial Statements and Exhibits. Unclassified Corporate Event. Results of Operations and Financial Condition
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10th of February 2022
Unclassified Corporate Event
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9th of February 2022
Unclassified Corporate Event
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8th of February 2022
Unclassified Corporate Event
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2nd of February 2022
Unclassified Corporate Event
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Advance Auto Thematic Classifications

In addition to having Advance Auto stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Macroaxis Index IdeaMacroaxis Index
Macroaxis power theme of selected equities with solid fundamentals
Stores IdeaStores
All types of stores and shopping markets

Advance Market Capitalization

The company currently falls under 'Large-Cap' category with total capitalization of 13.17 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Advance Auto's market, we take the total number of its shares issued and multiply it by Advance Auto's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Advance Profitablity

Advance Auto's profitability indicators refer to fundamental financial ratios that showcase Advance Auto's ability to generate income relative to its revenue or operating costs. If, let's say, Advance Auto is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Advance Auto's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Advance Auto's profitability requires more research than a typical breakdown of Advance Auto's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 5.89 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is considered to be average in the sector. In the same way, it shows Net Operating Margin of 10.94 %, which entails that for every 100 dollars of revenue, it generated 0.11 of operating income.
Last ReportedProjected for 2022
Return on Investment 20.63  26.54 
Return on Average Assets 0.05  0.06 
Return on Average Equity 0.19  0.19 
Return on Invested Capital 0.11  0.16 
Return on Sales 0.08  0.08 

Management Efficiency

The entity has Return on Asset of 4.97 % which means that on every $100 spent on asset, it made $4.97 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 18.58 %, implying that it generated $18.58 on every 100 dollars invested. Advance Auto management efficiency ratios could be used to measure how well advance auto parts manages its routine affairs as well as how well it operates its assets and liabilities. As of 18th of May 2022, Return on Investment is likely to grow to 26.54. Also, Return on Average Assets is likely to grow to 0.06. As of 18th of May 2022, Tax Liabilities is likely to grow to about 455.2 M, while Total Liabilities is likely to drop about 7.6 B.
Last ReportedProjected for 2022
Book Value per Share 48.86  46.58 
Enterprise Value over EBIT 21.00  20.00 
Enterprise Value over EBITDA 15.89  15.03 
Price to Book Value 4.78  4.76 
Tangible Assets Book Value per Share 164.76  134.53 
Enterprise Value17.5 B16.3 B
Tangible Asset Value10.5 B9.1 B

Technical Drivers

As of the 18th of May 2022, Advance Auto shows the mean deviation of 1.61, and Risk Adjusted Performance of (0.002515). Advance Auto Parts technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Advance Auto Parts, which can be compared to its rivals. Please confirm Advance Auto Parts variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Advance Auto Parts is priced correctly, providing market reflects its regular price of 216.26 per share. Given that Advance Auto has jensen alpha of 0.0692, we suggest you to validate Advance Auto Parts's prevailing market performance to make sure the company can sustain itself at a future point.

Advance Auto Parts Price Movement Analysis

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Kaufman Adaptive Moving Average allows the user to define Advance Auto Parts range across which they want the smoothing.
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Advance Auto Parts Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Advance Auto insiders, such as employees or executives, is commonly permitted as long as it does not rely on Advance Auto's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Advance Auto insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Jeffrey Jones over a month ago via Macroaxis 
Acquisition by Jeffrey Jones of tradable shares of Advance Auto subject to Rule 16b-3
Jason McDonell over two months ago via Macroaxis 
Payment of 277 shares by Jason McDonell of Advance Auto subject to Rule 16b-3
Michael Creedon over two months ago via Macroaxis 
Payment of tradable shares by Michael Creedon of Advance Auto subject to Rule 16b-3
Douglas Pertz over three months ago via Macroaxis 
Acquisition by Douglas Pertz of tradable shares of Advance Auto subject to Rule 16b-3
Sherice Torres over three months ago via Macroaxis 
Acquisition by Sherice Torres of 446 shares of Advance Auto subject to Rule 16b-3
Reuben Slone over three months ago via Macroaxis 
Payment of 420 shares by Reuben Slone of Advance Auto subject to Rule 16b-3
Sharon McCollam over six months ago via Macroaxis 
Acquisition by Sharon McCollam of tradable shares of Advance Auto subject to Rule 16b-3
Michael Creedon over six months ago via Macroaxis 
Advance Auto exotic insider transaction detected
Arthur Valdez over six months ago via Macroaxis 
Acquisition by Arthur Valdez of tradable shares of Advance Auto subject to Rule 16b-3
Michael Creedon over six months ago via Macroaxis 
Acquisition by Michael Creedon of 1555 shares of Advance Auto subject to Rule 16b-3
Carla Bailo over six months ago via Macroaxis 
Purchase by Carla Bailo of 400 shares of Advance Auto
Jason McDonell over six months ago via Macroaxis 
Acquisition by Jason McDonell of 519 shares of Advance Auto subject to Rule 16b-3

Advance Auto Predictive Daily Indicators

Advance Auto intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Advance Auto stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Advance Auto Forecast Models

Advance Auto time-series forecasting models is one of many Advance Auto's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Advance Auto's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Advance Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Advance Auto stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Advance shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Advance Auto. By using and applying Advance Stock analysis, traders can create a robust methodology for identifying Advance entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin 8.23  9.25 
EBITDA Margin 0.10  0.11 
Gross Margin 0.45  0.47 
Profit Margin 0.06  0.05 
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. Advance Auto operates under Specialty Retail classification in the United States and is traded on New York Stock Exchange. It employs 40000 people.

Current Advance Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Advance analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Advance analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
255.77Buy13Odds
Advance Auto Parts current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Advance analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Advance stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Advance Auto Parts, talking to its executives and customers, or listening to Advance conference calls.
Advance Analyst Advice Details

Advance Stock Analysis Indicators

Advance Auto Parts stock analysis indicators help investors evaluate how Advance Auto stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Advance Auto shares will generate the highest return on investment. By understating and applying Advance Auto stock analysis, traders can identify Advance Auto position entry and exit signals to maximize returns.
Quick Ratio0.31
Trailing Annual Dividend Rate2.50
Fifty Two Week Low187.16
Revenue Growth3.10%
Payout Ratio25.35%
Average Daily Volume Last 10 Day775.02k
Shares Short Prior Month3.37M
Average Daily Volume In Three Month907.67k
Earnings Growth25.80%
Shares Percent Shares Out4.16%
Earnings Quarterly Growth15.10%
Gross Margins45.09%
Forward Price Earnings16.16
Short Percent Of Float4.72%
Float Shares61.57M
Fifty Two Week High244.55
Fifty Day Average211.02
Enterprise Value To Ebitda14.74
Two Hundred Day Average218.91
Enterprise Value To Revenue1.61
Trailing Annual Dividend Yield1.20%
Please continue to Trending Equities. Note that the Advance Auto Parts information on this page should be used as a complementary analysis to other Advance Auto's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for Advance Stock analysis

When running Advance Auto Parts 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 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.
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Is Advance Auto's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Advance Auto. If investors know Advance will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Advance Auto listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Advance Auto Parts is measured differently than its book value, which is the value of Advance that is recorded on the company's balance sheet. Investors also form their own opinion of Advance Auto's value that differs from its market value or its book value, called intrinsic value, which is Advance Auto's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Advance Auto's market value can be influenced by many factors that don't directly affect Advance Auto's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Advance Auto's value and its price as these two are different measures arrived at by different means. Investors typically determine Advance Auto value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advance Auto's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.