Advance Stock Today

AAP -  USA Stock  

USD 214.63  3.42  1.62%

Market Performance
0 of 100
Odds Of Distress
Less than 4
Advance Auto is selling at 214.63 as of the 16th of May 2022; that is 1.62 percent increase since the beginning of the trading day. The stock's last reported lowest price was 208.59. Advance Auto has only four percent chance of going through some form of financial distress over the next 2 years, but 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 26th of May 2020 and ending today, the 16th of May 2022. Click here to learn more.
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 62.36 M outstanding shares of which 2.6 M shares are presently shorted by investors with about 4.09 days to cover. More on Advance Auto Parts

Advance Auto Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Advance Auto's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Advance Auto or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Advance Auto Parts has a strong financial position based on the latest SEC filings
Latest headline from www.magnolianews.net: Auto Parts Online Retailing Market to Eyewitness Massive Growth by 2031 Queen Anne and Mangolia News - Queen Anne and Mangolia News
Advance Auto Fama & French Retail
Retail
Fama & French Classification
Advance Auto Parts SEC Filings
Advance Auto SEC Filings Security & Exchange Commission EDGAR Reports
CEOThomas Greco  (View All)
Thematic Classifications
Active investing themes Advance currently participates. An investing theme is an unweighted collection of funds, stocks, ETFs or cryptocurrencies
(view all).
Average Analyst Recommendation
Analysts covering Advance Auto report their recommendations after researching Advance Auto's financial statements, talking to executives and customers, or listening in on Advance Auto's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Advance Auto Parts. The Advance consensus assessment is calculated by taking the average forecast from all of the analysts covering Advance Auto.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Advance Auto Parts based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Advance Auto Parts financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 8 - StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares72.4 M64 M
Moderately Up
Decreasing
Very volatile
Weighted Average Shares Diluted72.8 M64.5 M
Moderately Up
Decreasing
Very volatile
Net Cash Flow from Operations860.8 M1.1 B
Significantly Down
Decreasing
Very volatile
Total Assets10.8 B12.2 B
Fairly Down
Increasing
Stable
Total Liabilities7.6 B9.1 B
Fairly Down
Increasing
Stable
Current AssetsB6.3 B
Sufficiently Down
Increasing
Slightly volatile
Current Liabilities4.7 B5.2 B
Moderately Down
Increasing
Stable
Total Debt2.3 B3.4 B
Way Down
Increasing
Stable
Return on Average Assets0.05630.052
Significantly Up
Decreasing
Slightly volatile
Gross Margin0.470.448
Sufficiently Up
Decreasing
Stable
Asset Turnover1.080.921
Fairly Up
Decreasing
Stable
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Advance Auto's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Advance Auto's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Advance Auto's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to 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.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Advance Auto's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Advance Auto deploys its capital and how much of that capital is borrowed.
Liquidity
Advance Auto cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 3.64 B in debt with debt to equity (D/E) ratio of 1.14, which is OK given its current industry classification. Advance Auto Parts has a current ratio of 1.22, demonstrating that it is in a questionable position to pay out its financial commitments when the payables are due. Debt can assist Advance Auto until it has trouble settling it off, either with new capital or with free cash flow. So, Advance Auto's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Advance Auto Parts sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Advance to invest in growth at high rates of return. When we think about Advance Auto's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

860.82 MillionShare
Advance Auto Parts (AAP) is traded on New York Stock Exchange in USA. It is located in 2635 East Millbrook Road and employs 40,000 people. Advance Auto is listed under Retail category by Fama And French industry classification. 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 Auto Parts runs under Consumer Cyclical sector within Specialty Retail industry. The entity has 62.36 M outstanding shares of which 2.6 M shares are presently shorted by investors with about 4.09 days to cover. Advance Auto Parts has about 604.64 M in cash with 1.09 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.78.
Check Advance Auto Probability Of Bankruptcy
Ownership
Advance Auto holds a total of sixty-two million three hundred sixty thousand outstanding shares. 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 about to change at the company. Also note that nearly one million eight hundred seventy thousand eight hundred invesors are currently shorting Advance Auto expressing very little confidence in its future performance.

Ownership Allocation (%)

Check Advance Ownership Details

Advance Stock Price Odds Analysis

What are Advance Auto's target price odds to finish over the current price? Contingent on a normal probability distribution, the odds of Advance Auto jumping above the current price in 90 days from now is about 44.1%. The Advance Auto Parts probability density function shows the probability of Advance Auto stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Advance Auto has a beta of 0.9968. This suggests Advance Auto Parts market returns are highly reactive to returns on the market. As the market goes up or down, Advance Auto is expected to follow. Additionally, the company has an alpha of 0.0585, implying that it can generate a 0.0585 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Down 214.63HorizonTargetOdds Up 214.63  
55.71%90 days
 214.63 
44.10%
Based on a normal probability distribution, the odds of Advance Auto to move above the current price in 90 days from now is about 44.1 (This Advance Auto Parts probability density function shows the probability of Advance Stock to fall within a particular range of prices over 90 days) .

Advance Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Advance Auto that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Advance Auto's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Advance Auto's value.
InstituionSecurity TypeTotal SharesValue
Scharf Investments LlcCommon Shares831.4 K172.1 M
Robeco Institutional Asset Management BvCommon Shares718.5 K148.7 M
View Advance Auto Diagnostics

Advance Auto Historical Income Statement

Advance Auto Parts Income Statement is one of the three primary financial statements used for reporting Advance's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Advance Auto Parts revenue and expense. Advance Auto Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Advance Auto Earning Before Interest and Taxes EBIT is very stable at the moment as compared to the past year. Advance Auto reported last year Earning Before Interest and Taxes EBIT of 843.72 Million. As of 16th of May 2022, Interest Expense is likely to grow to about 51.4 M, while Cost of Revenue is likely to drop about 6 B. View More Fundamentals

Advance Stock Against Markets

Picking the right benchmark for Advance Auto stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Advance Auto stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Advance Auto is critical whether you are bullish or bearish towards Advance Auto Parts at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Advance Auto without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Advance Auto Corporate Directors

Advance Auto corporate directors refer to members of an Advance Auto board of directors. The board of directors generally takes responsibility for the Advance Auto's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Advance Auto's board members must vote for the resolution. The Advance Auto board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Bradley Buss - Independent DirectorProfile
Sharon McCollam - Independent DirectorProfile
Arthur Valdez - Independent DirectorProfile
Carlos Saladrigas - Independent DirectorProfile

Investing Advance Auto Parts

You need to understand the risk of investing before taking a position in Advance Auto. 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 Shape 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.
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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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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.