Stocks of Advance Auto Parts (NYSE:AAP) have earned a consensus rating of “Hold” from the twenty-five brokerage firms that are presently covering the company, Five financial stock experts recommended the company shares with a sell recommendation, around seven have issued a hold recommendation, eleven have published a buy recommendation and 1 have issued a strong buy recommendation to The corporation. the consensus 52 week price target between analysts who have covered the share in the previous year is $116.22.
High profile hedge funds purchased and unloaded stocks of the firm. Legal & General Group upped its stake in Advance Auto Parts by 5.3% through out the Fiscal Q2. Legal & General Group has an ownership of 358,722 stocks of the firms shares valued $41,825,000 following acquiring an extra 18,209 shares through out the quarter. Tobam bought a new stake in Advance Auto Parts through out the Fiscal Q2 valued $118,000. Wells Fargo & Company MN upped its stake in Advance Auto Parts by 78.0% through out the Fiscal Q2. Wells Fargo & Company MN has an ownership of 884,760 stocks of the firms shares valued $103,155,000 following acquiring an extra 387,673 shares through out the quarter. Marshall Wace North America bought a new stake in Advance Auto Parts during the Q1 valued $2,028,000. Lastly, ARGA Investment Management upped its stake in Advance Auto Parts by 89.0% through out the Fiscal Q2. ARGA Investment Management has an ownership of 53,300 stocks of the firms shares valued $6,214,000 following acquiring an extra 25,100 shares through out the quarter.
AAP has been the topic of Quite a few recent brokerage firm research. Royal Bank Of Canada reduced their target price on the stock of Advance Auto Parts from $168.00 to $153.00 and fixed an “outperform” recommendation for The corporation in a study analysis published on early Thur, May 25th. Oppenheimer Holdings, restated a “hold” recommendation on stocks of Advance Auto Parts in a study report on early Wed, May 24th. Bank of America Corporation dropped the price target on stocks of Advance Auto Parts from $160.00 to $150.00 and fixed a “neutral” recommendation for The corporation in a study note published on early Thur, May 25th. UBS AG reiterated a “buy” recommendation and given a $170.00 target price (down from $180.00) on stocks of Advance Auto Parts in a study note published on early Thur, May 25th. Lastly, Deutsche Bank AG dropped the price target on stocks of Advance Auto Parts from $192.00 to $164.00 and fixed a “buy” recommendation for The corporation in a study note published on early Thur, May 25th.
Stocks of Advance Auto Parts (NYSE AAP) declined 1.07% through out intraday market trading on early Fri, topping $93.68. 1,597,290 stocks of the shares transacted hands. Company’s 50 Day SMA price is $99.61 and its 200 SMA price is $125.12. Advance Auto Parts has a 1 year low of $82.21 has a 1 year high of $177.83. the share has a company valuation of $6.92 B, a price to earnings ratio of 18.70 along with a stock beta of 0.90.
Advance Auto Parts (NYSE:AAP) previously issued its periodic earnings reports on early Tue, Aug 15th. The corporation posted $1.58 Earnings per share for the period, missing analysts’ average forecasts of $1.65 by ($0.07). Advance Auto Parts had a ROE of 14.71% and a net profit margin of 3.91%. the company reported sales of $2.26 B for the period, compared to analysts’ anticipations of $2.26 B. For the same quarter last year, company earned $1.90 EPS. Advance Auto Parts’s for the quarter end, revenue was upwards of .3% on a YOY basis. analysts expect that Advance Auto Parts to post $5.16 earnings per share for the full year.
Most recently the business also announced a periodic dividend, expected to be paid on early Fri, Oct 6th. traders with a divided record date on Fri, Sep 22nd will be given a dividend of $0.06 for a share. this indicates a $0.24 dividend on a yearly basis and a payout of 0.25%. The ex-dividend date is Thurs, Sep 21st. Advance Auto Parts’s yield ratio (DPR) is presently 4.80%.