Advance Auto Parts, Inc. (NYSE:AAP) rose 0.18% during previous trade. BofA/Merrill issued rating on the stock of Advance Auto Parts, Inc. (NYSE:AAP) in a research note issued to investors on Jan-13-17, the stock received “Downgrade” rating from Buy to Neutral. Additionally Atlantic Equities issued their verdict on the stock of the company, on record date of Dec-14-16 the stock was “Initiated” as Overweight besides that on Nov-15-16 Advance Auto Parts, Inc. (NYSE:AAP) was “Upgraded” by Susquehanna from Neutral to Positive. Furthermore on Nov-15-16 -16 the stock was “Upgraded” by Raymond James from Mkt Perform to Strong Buy.
Advance Auto Parts, Inc. (NYSE:AAP) shares ended last trading session at the price of $174.79 whereas a number of traders indicating mean target price will hit $175.38 over the next twelve months, mean value of price target most recently revised on 01/13/17. Advance Auto Parts, Inc. (NYSE:AAP)’s highest estimates of price target are $215 and low forecast is $120 based on the opinion of 21 analysts. The price target estimates represents a standard deviation of 28.25. However brokerage recommendations suggests an ABR of 2.26 based on calls of 17 experts, where 7 brokers polls the stock a Strong Buy, 2 suggest the stock a Buy, 6 suggest Hold, 0 are rating the stock as Sell while 2 as Strong Sell.
Advance Auto Parts, Inc. (NYSE:AAP) is expected to release the earnings of its current quarter on 2/9/17. The company is expected to release $1.09 EPS for current quarter according to 23 analysts whereas the company reported $1.22 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $1.03 and high estimate of $1.17. For the current year Advance Auto Parts, Inc. (NYSE:AAP) has set to release EPS of $7.25 as per the sentiments of 27 analysts, however according to 27 analysts, the company expected to release $7.82 EPS for next year.
Advance Auto Parts, Inc. (NYSE:AAP)’s average revenue estimates for the current quarter are $2B according to 17 number of analysts. However its lowest revenue estimates are $1.81B and highest revenue estimates are $2.03B. A year ago the company’s sales were $2.03B. Its yearly sales growth estimates are -1.60%. For the next quarter the company has anticipated average revenues of $3B, according to the sentiments of 12 analysts. For the current year the company has fixed $9.49B revenues, as per the opinion of 25 analysts. For the current year the company has low revenue estimates of $9.3B in contradiction of high revenue estimates of $9.57B. Whereas for the next year revenues are set at $9.64B by 25 analysts.
The stock exchanged hands 1.20M shares versus average trading capacity of 747,706 shares, while its shares’ total market worth is $12.90B along with 73.65M outstanding shares. Advance Auto Parts, Inc. (NYSE:AAP) shares were trading -1.68% below from the 52-week high price mark of $177.77 and +33.03% above from the 52-week price bottom of $131.39. However the company observed 52 week high price on 12/08/16 and witnessed 52 week low price on 02/11/16. The company’s price sits 6.09% above from its 50-day moving average of $172.04 and 10.90% far from the stock’s 200-day moving average which is $159.41. Advance Auto Parts, Inc. (NYSE:AAP)’s price to sales ratio for trailing twelve month stands at 1.35, whereas its price to book ratio for most recent quarter sits at 4.51. However the company’s price to cash per share for most recent quarter stands at 107.54. Its price to free cash flow for trailing twelve months is 45.31.