12 Month Price Forecast For AAP
Distance to AAP Price Forecasts
AAP Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: January 23, 2025 1:44 AM UTC
AAP Analyst Ratings & Price Targets
Based on our analysis of 34 Wall Street analysts, AAP has a consensus that is neutral. The median price target is $45.00, with forecasts ranging from $17.00 to $65.00. Currently, there are 2 Buy ratings, 24 Hold ratings, and 3 Sell ratings.
With AAP currently trading at $46.18, the median price forecast suggests a -2.6% downside. The most optimistic forecast comes from Seth Basham at Wedbush, projecting a 40.8% upside, while at provides the most conservative target, suggesting a -63.2% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
AAP Analyst Consensus
AAP Price Target Range
Latest AAP Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for AAP.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Jan 9, 2025 | Barclays | Seth Sigman | Equal-Weight | Maintains | $54.00 |
| Jan 6, 2025 | Wells Fargo | Zachary Fadem | Equal-Weight | Maintains | $45.00 |
| Dec 13, 2024 | BMO Capital | Tristan Thomas-Martin | Market Perform | Initiates | $45.00 |
| Nov 20, 2024 | Evercore ISI Group | Greg Melich | In-Line | Maintains | $45.00 |
| Nov 15, 2024 | Truist Securities | Scott Ciccarelli | Hold | Maintains | $39.00 |
| Nov 15, 2024 | Goldman Sachs | Kate McShane | Neutral | Maintains | $43.00 |
| Nov 15, 2024 | DA Davidson | Michael Baker | Neutral | Maintains | $45.00 |
| Nov 15, 2024 | Wedbush | Seth Basham | Outperform | Reiterates | $55.00 |
| Nov 15, 2024 | RBC Capital | Steven Shemesh | Sector Perform | Maintains | $50.00 |
| Nov 15, 2024 | UBS | Michael Lasser | Neutral | Maintains | $44.00 |
| Nov 11, 2024 | UBS | Neutral | Maintains | $0.00 | |
| Nov 11, 2024 | RBC Capital | Steven Shemesh | Sector Perform | Maintains | $46.00 |
| Nov 7, 2024 | Truist Securities | Scott Ciccarelli | Hold | Maintains | $41.00 |
| Oct 22, 2024 | Evercore ISI Group | Greg Melich | In-Line | Maintains | $67.00 |
| Oct 16, 2024 | Roth MKM | Scott Stember | Neutral | Reinstates | $40.00 |
| Oct 15, 2024 | Wedbush | Seth Basham | Outperform | Upgrade | $0.00 |
| Sep 13, 2024 | Wells Fargo | Zachary Fadem | Equal-Weight | Maintains | $40.00 |
| Sep 12, 2024 | Mizuho | David Bellinger | Neutral | Maintains | $38.00 |
| Aug 26, 2024 | Mizuho | David Bellinger | Neutral | Maintains | $45.00 |
| Aug 23, 2024 | UBS | Michael Lasser | Neutral | Maintains | $56.00 |
Stocks Similar to Advance Auto Parts Inc
The following stocks are similar to Advance Auto Parts based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Advance Auto Parts Inc (AAP) Financial Data
Advance Auto Parts Inc has a market capitalization of $2.76B with a P/E ratio of 58.5x. The company generates $11.27B in trailing twelve-month revenue with a -0.1% profit margin.
Revenue growth is -0.1% quarter-over-quarter, while maintaining an operating margin of +2.7% and return on equity of -0.5%.
Valuation Metrics
Growth & Margins
Financial Health
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Advance Auto Parts Inc (AAP) Company Overview
About Advance Auto Parts Inc
Sells automotive parts and maintenance items.
The company operates a retail model, selling a wide range of automotive replacement parts, accessories, and maintenance items both in-store and online. It generates revenue through direct sales to professional installers and do-it-yourself customers, along with offering additional services like battery installation and engine light scanning.
Advance Auto Parts operates under several brand names, including Advance Auto Parts, Carquest, and Worldpac, with a presence in the United States, Puerto Rico, Canada, and Mexico. Founded in 1929 and headquartered in Raleigh, North Carolina, the company serves a diverse customer base and is well-positioned in the automotive aftermarket industry.
Company Information
Sector
Consumer Cyclical
Industry
Specialty Retail
Employees
40,000
CEO
Mr. Shane M. O'Kelly
Country
United States
IPO Year
2001
Website
shop.advanceautoparts.comAdvance Auto Parts Inc (AAP) Latest News & Analysis
Advance Auto Parts plans to close over 200 locations as part of a strategy to downsize its nationwide store footprint.
Advance Auto Parts' closure of over 200 locations signals a shift in strategy, potentially impacting sales, market share, and operational costs, influencing investor sentiment and stock performance.
Goldman Sachs cautions investors about potential tail risks in the S&P 500. They suggest focusing on retail sector opportunities with lower downside risks and double-digit upside for 2025.
Goldman Sachs' warning signals increased market volatility, prompting a shift to safer investments. Retail sector analysis could reveal high-upside opportunities amidst potential downturns.
Advance Auto Parts has appointed Shweta Bhatia as executive vice president and chief technology officer, effective immediately, to enhance operational efficiency and customer solutions.
The appointment of Shweta Bhatia as CTO may signal a strategic shift towards innovation and efficiency at Advance Auto Parts, potentially enhancing competitiveness and profitability.
Advance Auto Parts has appointed Michael Beland as senior VP, controller, and chief accounting officer, effective January 5, 2025, overseeing accounting operations and financial reporting.
The appointment of a new senior vice president and chief accounting officer may signal a strategic shift in Advance Auto Parts' financial management, potentially impacting its performance and investor confidence.
AAP is experiencing challenges due to planned store closures, weakness in the DIY segment, and high capital requirements, which may impact its financial performance.
AAP's planned store closures and struggles in the DIY segment signal potential revenue declines, while high capital needs may pressure cash flow, affecting profitability and stock performance.
New Strong Sell Stocks for November 20th
2 months agoAAP, AIN, and CDW have been assigned a Zacks Rank #5 (Strong Sell) as of November 20, 2024.
The addition of AAP, AIN, and CDW to the Zacks Rank #5 (Strong Sell) indicates potential declines in stock performance, signaling increased risk for investors holding these stocks.
Frequently Asked Questions About AAP Stock
What is Advance Auto Parts Inc's (AAP) stock forecast for 2025?
Based on our analysis of 34 Wall Street analysts, Advance Auto Parts Inc (AAP) has a median price target of $45.00. The highest price target is $65.00 and the lowest is $17.00.
Is AAP stock a good investment in 2025?
According to current analyst ratings, AAP has 2 Buy ratings, 24 Hold ratings, and 3 Sell ratings. The stock is currently trading at $46.18. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for AAP stock?
Wall Street analysts predict AAP stock could reach $45.00 in the next 12 months. This represents a -2.6% decrease from the current price of $46.18. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Advance Auto Parts Inc's business model?
The company operates a retail model, selling a wide range of automotive replacement parts, accessories, and maintenance items both in-store and online. It generates revenue through direct sales to professional installers and do-it-yourself customers, along with offering additional services like battery installation and engine light scanning.
What is the highest forecasted price for AAP Advance Auto Parts Inc?
The highest price target for AAP is $65.00 from Seth Basham at Wedbush, which represents a 40.8% increase from the current price of $46.18.
What is the lowest forecasted price for AAP Advance Auto Parts Inc?
The lowest price target for AAP is $17.00 from at , which represents a -63.2% decrease from the current price of $46.18.
What is the overall AAP consensus from analysts for Advance Auto Parts Inc?
The overall analyst consensus for AAP is neutral. Out of 34 Wall Street analysts, 2 rate it as Buy, 24 as Hold, and 3 as Sell, with a median price target of $45.00.
How accurate are AAP stock price projections?
Stock price projections, including those for Advance Auto Parts Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
