|AAP -- USA Stock|| |
USD 139.67 0.33 0.24%
Advance Auto Parts
shows prevailing Real Value
of $158.02575 per share. The current price of the firm is $139.67. At this time the firm appears to be under valued
. Macroaxis approximates value of Advance Auto Parts
from analyzing the firm fundamentals
such as Current Valuation
of 10.55B, Return On Equity
of 15.35% and Profit Margin of 5.39% as well as examining its technical indicators and Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since at some point assets prices and their ongoing real values will blend.
Taking a look at a recent 8-K filing, we can get a general idea of how the company is doing fundamentally and use that with technical analysis to formulate a starting opinion. These numbers are for the third quarter of 2016. Total sales for the third quarter decreased 2.0% to $2.25 billion as compared with total sales during the third quarter of fiscal 2015 of $2.30 billion. The company’s gross profit rate was 43.9% of sales during the third quarter as compare to 45.0% during the third quarter last year. Overall, the numbers appear to be stable, but let us take a look at the chart and see if price agrees.
The chart is currently on an up tick, after confirming there is a support area around the $140 mark. This is important for investors because this is where other investors agree that price is good enough to buy. Also, be sure to keep up with the news because many people trade on news reports. Right now I would let this ride a little bit and see if it breaks back into the all time high mark. The chart looks good and there or no red flags stopping me from saying this chart is solid.
Valuation Drivers Correlation
Net Income Per Employee Enterprise Value Market Capitalization
Advance Auto Parts Valuation Data Drivers
Advance Auto Market Cap
Advance Auto Parts is rated fourth
in market capitalization category among related companies. Market capitalization
of Auto Parts And Components
industry is presently estimated at about 91.62 Billion. Advance Auto retains roughly 10.3 Billion in market capitalization claiming about 11% of stocks in Auto Parts And Components industry.