Advance Auto Parts (AAP) Given Daily Media Impact Rating of 0.11

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News stories about Advance Auto Parts (NYSE:AAP) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Advance Auto Parts earned a daily sentiment score of 0.11 on Accern’s scale. Accern also gave news headlines about the company an impact score of 45.5289458973482 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:

A number of brokerages have recently issued reports on AAP. Citigroup Inc. dropped their price objective on shares of Advance Auto Parts from $168.00 to $148.00 and set a “neutral” rating for the company in a research note on Tuesday, May 30th. Wedbush restated an “outperform” rating and issued a $160.00 price objective (down previously from $185.00) on shares of Advance Auto Parts in a research note on Sunday, May 28th. Morgan Stanley restated an “overweight” rating and issued a $160.00 price objective (down previously from $185.00) on shares of Advance Auto Parts in a research note on Sunday, May 28th. Barclays PLC restated a “sell” rating and issued a $120.00 price objective on shares of Advance Auto Parts in a research note on Friday, May 26th. Finally, Royal Bank Of Canada dropped their target price on shares of Advance Auto Parts from $168.00 to $153.00 and set an “outperform” rating for the company in a research report on Thursday, May 25th. Five analysts have rated the stock with a sell rating, seven have assigned a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $123.08.

Advance Auto Parts (NYSE AAP) opened at 100.02 on Friday. Advance Auto Parts has a 52 week low of $82.21 and a 52 week high of $177.83. The company has a market cap of $7.39 billion, a price-to-earnings ratio of 19.97 and a beta of 0.90. The stock has a 50 day moving average of $100.74 and a 200 day moving average of $126.83.

Advance Auto Parts (NYSE:AAP) last released its quarterly earnings data on Tuesday, August 15th. The company reported $1.58 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.65 by ($0.07). Advance Auto Parts had a net margin of 3.91% and a return on equity of 14.71%. The firm had revenue of $2.26 billion during the quarter, compared to analyst estimates of $2.26 billion. During the same period in the prior year, the company earned $1.90 EPS. The business’s quarterly revenue was up .3% compared to the same quarter last year. Equities research analysts predict that Advance Auto Parts will post $5.17 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 6th. Stockholders of record on Friday, September 22nd will be paid a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.24%. The ex-dividend date of this dividend is Thursday, September 21st. Advance Auto Parts’s dividend payout ratio is currently 4.80%.

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Advance Auto Parts Company Profile

Advance Auto Parts, Inc provides automotive aftermarket parts in North America, serving do-it-for-me (Professional) and do-it-yourself (DIY), customers. The Company’s stores and branches offer a selection of brand name, original equipment manufacturer (OEM) and private label automotive replacement parts, accessories, batteries and maintenance items for domestic and imported cars, vans, sport utility vehicles and light and heavy duty trucks.

Insider Buying and Selling by Quarter for Advance Auto Parts (NYSE:AAP)

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