Economy

Stock Roaring Upward Mid-Session: Advance Auto Parts, Inc. (NYSE:AAP)

Stock Roaring Upward Mid-Session: Advance Auto Parts, Inc. (NYSE:AAP)

(NYSE:AAP) shares were trading higher by 1.31 percent ($1.06) at $82.28 a piece in Monday's session. The institutional investor owned 61,260 shares of the company's stock after acquiring an additional 21,062 shares during the period. The other 16, though not evenly; between analysts who think you should buy Advance Auto Parts, Inc. versus those who think you should sell it.

The collective rating of 2.6 for Advance Auto Parts, Inc. 1,200 Advance Auto Parts, Inc. The stock traded on unusually shows upbeat performance surged volume of 3.89 Million comparing to the average volume of 2247.96 shares, completing picture of exact trends with uncompleted dots in volume over the norm. The same period of a year ago reportedly had EPS of $1.73 and $2.24. The number of shares now owned by investors are 73.85 mln.

On the books, Advance Auto Parts cash and cash equivalents totaled $363.3 million at the end of the quarter, up from $135.18 million at the end of the previous fiscal year. For the quarter, shares are performing at -5.51%. (NYSE:AAP) for 242 shares. Advance Auto Parts has an average rating of "Hold" and an average target price of $116.44. On October 25 BTIG Research held the stock rating at "Sell" targeting a price of $75.00. Of the 26 analysts surveyed by Reuters that track AAP 10 of them rate its stock a hold. (NYSE:AAP) earned "Hold" rating by Robert W. Baird on Wednesday, September 20. The ratio is calculated by dividing the market price per share by book value per share. ICICI Bank Limited is given 1 buy-equivalent recommendations, 0 sells and 0 holds. Credit Suisse Group set a $100.00 price objective on shares of Advance Auto Parts and gave the company a "buy" rating in a research note on Wednesday, August 16th. As of December 31, 2016, the Business's Advance Auto Parts operations consisted of three geographic divisions, which included the operations of the stores operating under the Advance Auto Parts, Carquest and Autopart International trade names. The stock declined 1.39% or $3.29 reaching $234.08 on the news. (NYSE:AAP) has a beta of 0.91, compared to a beta of 1 for the market, which implies that the stock's price movements are less extreme than the market as a whole. Current price level places the company's stock about -53.73% from the 52-week high and 4.4% away from the 52-week low.

Advance Auto Parts (NYSE:AAP) last posted its earnings results on Tuesday, November 14th.

More news: Rian Johnson Directing New Star Wars Trilogy

In terms of earnings per share, 23 analysts have a 0.74 EPS mean target for the quarter ending Dec-17, for the quarter ending Mar-18, 15 analysts have a 1.92 EPS mean target and for the quarter ending Mar-18 there are 27 estimates of 5.13 EPS. Advance Auto Parts, Inc.

Revenues fell 3.0% from a year ago to $2.18 billion, however, falling short of analysts' view for $2.21 billion.

The company also recently declared a quarterly dividend, which will be paid on Friday, January 5th. (NYSE:AAP) has a Shareholder Yield of -0.000784 and a Shareholder Yield (Mebane Faber) of 0.02131. Advance Auto Parts's dividend payout ratio (DPR) is now 4.80%. Finally, State of Tennessee Treasury Department lifted its stake in Advance Auto Parts by 0.3% in the 2nd quarter.

Advance Auto Parts, Inc provides automotive aftermarket parts in North America, serving do-it-for-me (Professional) and do-it-yourself (DIY), customers.


  • What Do Analysts Say About The Procter & Gamble Company (PG)

    What Do Analysts Say About The Procter & Gamble Company (PG)

    Procter & Gamble Company (The) makes up 2.1% of Tdam USA Inc.'s holdings, making the stock its 6th largest holding. Procter & Gamble Company (The) presently has a consensus rating of "Hold" and a consensus price target of $88.69.

    Nintendo Making Animated Mario Movie With Studio Behind Minions

    Mario and Luigi have appeared on the big screen before, in a 1994 live-action film starring Bob Hoskins. Having said that, there is no guarantee that this deal will be finalized.
    United Bank net loss at RS 345 crore

    United Bank net loss at RS 345 crore

    Income from other sources were up 11.20 per cent to Rs 1,737 crore. ET Now poll had predicted net profit of Rs 1,220 in Q2FY18.
  • Delta Air Lines (DAL) Receiving Somewhat Favorable Media Coverage, Analysis Finds

    Their average price target spell out an upbeat performance - a -100% and would give DAL a market capitalization of almost $0. The days to cover decreased to 2.0 and the short interest percentage is 0.02% as of October 31. (NYSE: DAL ) is 0.171235.

    OncoSec Medical Incorporated (ONCS) Short Interest Update

    The return on assets stands at -97.9%, Return on Equity now is -122.6% and the Return on Investment value is 0%. The regular trading started at $2.1 but as the day wrapped up, the stock escalated, bringing a gain of 8.13%.
    U.S.  security team in Israel to discuss Syrian border deal

    U.S. security team in Israel to discuss Syrian border deal

    Curtiss Scaparrotti, head of the USA army's European Command, and discuss Iranian moves in Syria. Israel has largely stayed out of the war but has struck suspected weapon convoys to Hezbollah.
  • Bangladesh youths beat India to top group

    Bangladesh youths beat India to top group

    Bangladesh's opening pair of Pinak Ghosh and Mohammad Naim Sheikh provided a solid 82-run partnership to dent India's hopes. Meanwhile, in Group B, Afghanistan joined Pakistan in the semi-finals by comprehensively beating UAE by 134 runs.
    Steelers QB Ben Roethlisberger slams Thursday NFL games

    Steelers QB Ben Roethlisberger slams Thursday NFL games

    AFC, 15-35-1 in their last 51 games overall, and 16-37-1 in their last 54 games following a win . Even a week, you're not still fully recovered Sunday to Sunday.

    Alliancebernstein LP Lowers Its Holdings in Salesforce.Com Inc (CRM) Last Quarter

    Investors will be getting a good grip in comparing the current earnings of the company to estimated future earnings. The firm declared -4% change to end the trade at $8.40, with the overall traded capacity of 2.98 Million shares.
  • Apple nudges out Xiaomi to retake global wearables lead

    Apple nudges out Xiaomi to retake global wearables lead

    The report attributes part the success to the new Apple Watch Series 3, which hit global sales as high as 3.9 million. According to Canalys estimates, as many as 800,000 units of the Apple Watch shipped in Q3 were cellular-enabled.
    R100k fine for Manana plus community service

    R100k fine for Manana plus community service

    Manana's lawyer Michael Motsoeneng Bill argued that the word "isitabane" was used for many years to oppress the gay community. His sentencing was handed down in courtroom one at the Randburg Magistrates' Court this afternoon by Judge Ramsamy Reddy.
    MannKind Corporation (MNKD) Given Consensus Recommendation of

    MannKind Corporation (MNKD) Given Consensus Recommendation of "Hold" by Brokerages

    The biopharmaceutical company reported ($0.31) EPS for the quarter, missing the Zacks' consensus estimate of ($0.20) by ($0.11). Investors as well as the sell-side will be paying close attention to how the actual numbers compare with the estimates.