November 20, 2023, Advance Auto Parts Inc (NYSE: AAP) trading session started at the price of $50.70, that was 5.34% jump from the session before. During the day, the shares moved up to $53.40 and dropped to $49.90 before settling in for the closing price of $50.33. A 52-week range for AAP has been $47.73 – $158.22.
Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 3.58%. When this article was written, the company’s average yearly earnings per share was at -81.48%. With a float of $58.87 million, this company’s outstanding shares have now reached $59.26 million.
Considering the fact that the conglomerate employs 67000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is +44.26, operating margin of +6.76, and the pretax margin is +5.82.
Advance Auto Parts Inc (AAP) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Advance Auto Parts Inc stocks. The insider ownership of Advance Auto Parts Inc is 1.00%, while institutional ownership is 97.74%. The most recent insider transaction that took place on Sep 13, was worth 499,818. In this transaction Director of this company bought 8,670 shares at a rate of $57.65, taking the stock ownership to the 19,430 shares. Before that another transaction happened on Jun 12, when Company’s Director bought 4,575 for $66.02, making the entire transaction worth $302,058. This insider now owns 12,831 shares in total.
Advance Auto Parts Inc (AAP) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 9/29/2023, it has been observed that the corporation posted -$0.82 earnings per share (EPS) during the time that was less than consensus figure (set at $1.45) by -$2.27. This company achieved a net margin of +4.50 while generating a return on equity of 17.29. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.75 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -81.48% per share during the next fiscal year.
Advance Auto Parts Inc (NYSE: AAP) Trading Performance Indicators
You can see what Advance Auto Parts Inc (AAP) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.27. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.12, a number that is poised to hit 0.34 in the next quarter and is forecasted to reach 4.00 in one year’s time.
Technical Analysis of Advance Auto Parts Inc (AAP)
Compared to the last year’s volume of 2.1 million, its volume of 4.8 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 24.38%. Additionally, its Average True Range was 2.95.
During the past 100 days, Advance Auto Parts Inc’s (AAP) raw stochastic average was set at 19.61%, which indicates a significant decrease from 33.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.80% in the past 14 days, which was higher than the 42.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $54.29, while its 200-day Moving Average is $88.59. Nevertheless, the first resistance level for the watch stands at $54.31 in the near term. At $55.61, the stock is likely to face the second major resistance level. The third major resistance level sits at $57.81. If the price goes on to break the first support level at $50.81, it is likely to go to the next support level at $48.61. Now, if the price goes above the second support level, the third support stands at $47.31.
Advance Auto Parts Inc (NYSE: AAP) Key Stats
There are 59,470K outstanding shares of the company, which has a market capitalization of 3.15 billion. As of now, sales total 11,155 M while income totals 501,870 K. Its latest quarter income was 2,686 M while its last quarter net income were 85,360 K.