Advance Story

<div class='circular--portrait' style='background:#800000;color: #F8F8FF;font-size:4em;'>AA</div>
AAP -- USA Stock  

USD 149.93  0.53  0.35%

Advance Auto Interest Coverage is very stable at the moment as compared to the past year. Advance Auto reported last year Interest Coverage of 13.15. As of 10th of November 2020, Long Term Debt to Equity is likely to grow to 0.43, while Average Assets are likely to drop about 8.2 B. While many traders are getting carried away by overanalyzing consumer cyclical space, it is reasonable to recap Advance Auto Parts. We will analyze why it could be a much better year for Advance Auto shareholders. This post is to show some fundamental factors affecting Advance Auto's products and services. I will also shed light on how it may impact the investing outlook for the entity in December.
Published over two weeks ago
View all stories for Advance Auto | View All Stories
Wild options for Advance Auto insiders
Advance Auto Parts reported the last year's revenue of 9.62 B. Total Income to common stockholders was 453.12 M with profit before taxes, overhead, and interest of 4.26 B. About 102.0% of the company shares are held by institutions such as insurance companies. The book value of Advance Auto was presently reported as 54.26. Advance Auto Parts has Price/Earnings To Growth (PEG) ratio of 1.58. The entity recorded earning per share (EPS) of 6.49. The firm last dividend was issued on the 17th of September 2020. Advance Auto had 3:2 split on the 26th of September 2005.

And What about dividends?

A dividend is the distribution of a portion of Advance Auto earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Advance Auto dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Advance one year expected dividend income is about $0.35 per share.
As of 28th of November 2020, Dividend Yield is likely to grow to 0.001026, while Payment of Dividends and Other Cash Distributions is likely to drop (19.1 M).
Last ReportedProjected for 2020
Payment of Dividends and Other Cash Distributions-17.7 M-19.1 M
Dividend Yield 0.001  0.001026 
Dividends per Basic Common Share 0.22  0.22 
Investing in dividend-paying stocks, such as Advance Auto Parts is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Advance Auto must own a stock before its ex-dividend date to receive its next dividend. This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Advance Auto. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.

How important is Advance Auto's Liquidity

Advance Auto financial leverage refers to using borrowed capital as a funding source to finance Advance Auto Parts ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Advance Auto financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Advance Auto's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for Advance Auto, but it might be worth checking our own buy vs. sell analysis

What did Advance Auto file with SEC?

The SEC filings are financial statements or other formal documents of Advance Auto Parts that are regularly submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make SEC filings and fintech professionals rely on these filings for information about companies they are evaluating for investment purposes. Please note, most SEC filings are available online through the SEC's EDGAR database. Please check here for more information.
Please note, although all public domestic companies are required to submit their filings via EDGAR, not all public companies are available through our service. Also, keep in mind that the actual annual reports to Advance shareholders may or may not be submitted as SEC does not always require it.
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
Please note, although all public domestic companies are required to submit their filings via EDGAR, not all public companies are available through our service. Also, keep in mind that the actual annual reports to Advance shareholders may or may not be submitted as SEC does not always require it.

Breaking it down a bit more

Advance Auto Parts retains a total of 69.14 Million outstanding shares. The majority of Advance Auto Parts outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Advance Auto Parts to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Advance Auto. Please pay attention to any change in the institutional holdings of Advance Auto Parts as this could imply that something significant has changed or about to change at the company. Also note that nearly one million three hundred eighty-two thousand eight hundred invesors are currently shorting Advance Auto expressing very little confidence in its future performance.

Ownership Breakdown

Institutions
101.93%
Retail Investors-2.3
Insiders0.37
Institutions101.93

Advance Auto is projected to stay under $160 in December

Market risk adjusted performance is down to 0.24. It may hint at a possible volatility decline. Advance Auto Parts has relatively low volatility with skewness of 0.03 and kurtosis of 0.3. However, we advise all investors to independently investigate Advance Auto Parts to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns.

Although some firms in the specialty retail industry are either recovering or due for a correction, Advance Auto may not be performing as strong as the other in terms of long-term growth potentials. With a relatively neutral outlook on the recent economy, it is better to hold off any trading of Advance as the current risk-reward utility is not appealing enough. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Advance Auto.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Advance Auto Parts. Please refer to our Terms of Use for any information regarding our disclosure principles.

Would you like to provide feedback on the content of this article?

You can get in touch with us directly or send us a quick note via email to editors@macroaxis.com