Advance Auto Parts Inc (NYSE: AAP) on Friday, soared 1.57% from the previous trading day, before settling in for the closing price of $35.69. Within the past 52 weeks, AAP’s price has moved between $35.59 and $88.56.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 3.37%. The company achieved an average annual earnings per share of 328.18%. With a float of $59.02 million, this company’s outstanding shares have now reached $59.51 million.
Considering the fact that the conglomerate employs 69000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 39.75%, operating margin of 0.57%, and the pretax margin is -0.03%.
Advance Auto Parts Inc (AAP) Breakdown of a Key Holders of the stock
Observing investor behavior towards Specialty Retail industry stocks is more important than anything else. The insider ownership of Advance Auto Parts Inc is 1.10%, while institutional ownership is 108.61%. The most recent insider transaction that took place on Oct 25 ’24, was worth 2,545. In this transaction Director of this company bought 69 shares at a rate of $36.74, taking the stock ownership to the 11,874 shares. Before that another transaction happened on Jun 03 ’24, when Company’s EVP, Chief HR Officer bought 450 for $67.00, making the entire transaction worth $30,150. This insider now owns 15,690 shares in total.
Advance Auto Parts Inc (AAP) Recent Fiscal highlights
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.82 earnings per share (EPS) for the period falling under the consensus outlook (set at 1.45) by -2.27. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.18 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 328.18% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -6.50% during the next five years compared to -38.63% drop over the previous five years of trading.
Advance Auto Parts Inc (NYSE: AAP) Trading Performance Indicators
Advance Auto Parts Inc (AAP) is currently performing well based on its current performance indicators. A quick ratio of 0.30 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.19. Likewise, its price to free cash flow for the trailing twelve months is 6.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.01, a number that is poised to hit 0.53 in the next quarter and is forecasted to reach 2.81 in one year’s time.
Technical Analysis of Advance Auto Parts Inc (AAP)
Compared to the last year’s volume of 1.99 million, its volume of 2.71 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 6.19%. Additionally, its Average True Range was 1.40.
During the past 100 days, Advance Auto Parts Inc’s (AAP) raw stochastic average was set at 2.10%, which indicates a significant decrease from 11.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.18% in the past 14 days, which was lower than the 48.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $40.20, while its 200-day Moving Average is $61.45. Nevertheless, the first resistance level for the watch stands at $36.57 in the near term. At $36.89, the stock is likely to face the second major resistance level. The third major resistance level sits at $37.37. If the price goes on to break the first support level at $35.77, it is likely to go to the next support level at $35.29. Now, if the price goes above the second support level, the third support stands at $34.97.
Advance Auto Parts Inc (NYSE: AAP) Key Stats
Market capitalization of the company is 2.20 billion based on 59,674K outstanding shares. Right now, sales total 11,288 M and income totals 29,740 K. The company made 2,683 M in profit during its latest quarter, and 44,990 K in sales during its previous quarter.
