Advance Auto Parts Inc (AAP) average volume reaches $1.92M: Are the Stars Lining Up for Investors?

As on Wednesday, Advance Auto Parts Inc (NYSE: AAP) got off with the flyer as it spiked 3.41% to $74.05, before settling in for the price of $71.61 at the close. Taking a more long-term approach, AAP posted a 52-week range of $47.73-$129.90.

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The Consumer Cyclical sector firm’s twelve-monthly sales growth has been 3.37% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was -38.63%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 672.38%. This publicly-traded company’s shares outstanding now amounts to $59.51 million, simultaneously with a float of $58.94 million. The organization now has a market capitalization sitting at $4.41 billion. At the time of writing, stock’s 50-day Moving Average stood at $73.65, while the 200-day Moving Average is $64.43.

Advance Auto Parts Inc (AAP) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Specialty Retail industry. Advance Auto Parts Inc’s current insider ownership accounts for 1.13%, in contrast to 101.83% institutional ownership. According to the most recent insider trade that took place on Mar 27 ’24, this organization’s Director bought 4,700 shares at the rate of 85.34, making the entire transaction reach 401,098 in total value, affecting insider ownership by 10,000. Preceding that transaction, on Mar 21 ’24, Company’s EVP, U.S. Stores & CQ Ind. sold 1,858 for 86.08, making the whole transaction’s value amount to 159,937. This particular insider is now the holder of 10,448 in total.

Advance Auto Parts Inc (AAP) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 13.89 per share during the current fiscal year.

Advance Auto Parts Inc’s EPS increase for this current 12-month fiscal period is 672.38% and is forecasted to reach 4.43 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 63.30% through the next 5 years, which can be compared against the -38.63% growth it accomplished over the previous five years trading on the market.

Advance Auto Parts Inc (NYSE: AAP) Trading Performance Indicators

Let’s observe the current performance indicators for Advance Auto Parts Inc (AAP). It’s Quick Ratio in the last reported quarter now stands at 0.29. The Stock has managed to achieve an average true range (ATR) of 2.83. Alongside those numbers, its PE Ratio stands at $100.01, and its Beta score is 1.23. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.39. Similarly, its price to free cash flow for trailing twelve months is now 98.18.

In the same vein, AAP’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.74, a figure that is expected to reach 0.70 in the next quarter, and analysts are predicting that it will be 4.43 at the market close of one year from today.

Technical Analysis of Advance Auto Parts Inc (AAP)

Through scrutinizing the latest numbers posted by the [Advance Auto Parts Inc, AAP], it can be observed that its last 5-days Average volume of 1.64 million was lower the volume of 1.85 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 21.53% While, its Average True Range was 2.90.

Raw Stochastic average of Advance Auto Parts Inc (AAP) in the period of the previous 100 days is set at 62.17%, which indicates a major rise in contrast to 29.64% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 41.87% that was higher than 39.36% volatility it exhibited in the past 100-days period.