Advance Auto Parts (NYSE:AAP) is set to release its earnings data before the market opens on Wednesday, February 21st. Analysts expect Advance Auto Parts to post earnings of $0.62 per share for the quarter.
Shares of Advance Auto Parts (NYSE AAP) opened at $107.57 on Tuesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.32 and a current ratio of 1.52. Advance Auto Parts has a 12 month low of $78.81 and a 12 month high of $169.55. The firm has a market capitalization of $7,950.00, a price-to-earnings ratio of 22.55, a price-to-earnings-growth ratio of 1.72 and a beta of 1.14.
The firm also recently announced a quarterly dividend, which will be paid on Friday, April 6th. Shareholders of record on Friday, March 23rd will be paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 0.22%. The ex-dividend date of this dividend is Thursday, March 22nd. Advance Auto Parts’s payout ratio is presently 5.03%.
Several research firms have weighed in on AAP. Oppenheimer restated a “hold” rating on shares of Advance Auto Parts in a research note on Tuesday, November 14th. Moffett Nathanson began coverage on Advance Auto Parts in a research note on Monday, December 4th. They set a “neutral” rating for the company. Jefferies Group cut their target price on Advance Auto Parts from $130.00 to $130.00 and set a “buy” rating for the company in a research note on Wednesday, November 15th. Stephens set a $108.00 target price on Advance Auto Parts and gave the stock a “hold” rating in a research note on Tuesday, January 16th. Finally, Citigroup upped their target price on Advance Auto Parts from $82.00 to $85.00 and gave the stock a “sell” rating in a research note on Wednesday, November 15th. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating and eleven have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $109.91.
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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.
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