Advance Stock Today

AAP -  USA Stock  

USD 211.21  4.89  2.37%

Advance Auto is selling at 211.21 as of the 27th of September 2021; that is 2.37 percent increase since the beginning of the trading day. The stock's last reported lowest price was 206.23. Advance Auto has a very small chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Advance Auto Parts are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of April 2021 and ending today, the 27th of September 2021. Click here to learn more.
 Market Performance
3 of 100
  Odds Of Distress
Less than 3

Advance Auto Stock Profile

The next fiscal quarter end is expected on the 30th of September 2021. Advance Auto Parts, Inc. provides automotive replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy duty trucks. The company was founded in 1929 and is based in Raleigh, North Carolina. Advance Auto operates under Specialty Retail classification in the United States and is traded on New York Stock Exchange. It employs 40000 people. more on Advance Auto
Advance Auto Parts has a strong financial position based on the latest SEC filings
Over 99.0% of the company shares are held by institutions such as insurance companies
Latest headline from www.nascar.com: Sale by Robert Cushing of 3500 shares of Advance Auto
Advance Auto Fama & French Retail
Retail
Fama & French Classification
Advance Auto Parts SEC Filings
Advance Auto SEC Filings Security & Exchange Commission EDGAR Reports
Legal NameAdvance Auto Parts
CEOThomas Greco  (View All)
Thematic Classifications
Active investing themes Advance currently participates. (view all). An investing theme is an unweighted collection of funds, stocks, ETFs or cryptocurrencies
    Macroaxis Index
    Retail
Average Analyst Recommendation
Analysts covering Advance Auto report their recommendations after researching Advance Auto's financial statements, talking to executives and customers, or listening in on Advance Auto's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Advance Auto Parts. The Advance consensus assessment is calculated by taking the average forecast from all of the analysts covering Advance Auto.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Advance Auto Parts based on its profitability, leverage, liquidity, source of funds, and operating efficiency. it is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Advance Auto Parts financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 8 - StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares74.9 M68.7 M
Significantly Up
Decreasing
Slightly volatile
Weighted Average Shares Diluted75.2 M69 M
Significantly Up
Decreasing
Slightly volatile
Net Cash Flow from Operations785.8 M969.7 M
Significantly Down
Increasing
Slightly volatile
Total Assets10.6 B11.8 B
Moderately Down
Increasing
Slightly volatile
Total Liabilities7.2 B8.3 B
Fairly Down
Increasing
Slightly volatile
Current AssetsB6.3 B
Sufficiently Down
Increasing
Slightly volatile
Current Liabilities4.4 B4.7 B
Significantly Down
Increasing
Slightly volatile
Total Debt2.2 BB
Way Down
Increasing
Slightly volatile
Return on Average Assets0.05050.041
Fairly Up
Decreasing
Slightly volatile
Gross Margin0.470.443
Notably Up
Decreasing
Slightly volatile
Asset Turnover1.040.845
Fairly Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Advance Auto's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Advance Auto's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Advance Auto's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Advance Auto's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Advance Auto's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
BBB- ( Average Bond Rating ) Tolerable
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Advance Auto's financial leverage. It provides some insight into what part of Advance Auto's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Advance Auto's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Advance Auto deploys its capital and how much of that capital is borrowed.
Liquidity
Advance Auto cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 3.49 B in debt with debt to equity (D/E) ratio of 1.0, which is OK given its current industry classification. Advance Auto Parts has a current ratio of 1.29, demonstrating that it is in a questionable position to pay out its financial commitments when the payables are due.

Operating Cash Flow

785.78 MillionShare
Advance Auto Parts (AAP) is traded on New York Stock Exchange in USA. It is located in 2635 East Millbrook Road, Raleigh, NC 27604, United States and employs 40,000 people. Advance Auto is listed under Retail category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with total capitalization of 13.82 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Advance Auto's market, we take the total number of its shares issued and multiply it by Advance Auto's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Advance Auto Parts runs under Consumer Cyclical sector within Specialty Retail industry. The entity has 65.44 M outstanding shares of which 3.76 M shares are presently shorted by investors with about 7.31 days to cover shorted positions. Advance Auto Parts has about 880.23 M in cash with 1.29 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.56.
Check Advance Auto Probability Of Bankruptcy
Ownership
Advance Auto Parts retains a total of 65.44 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. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Advance Ownership Details

Advance Stock Price Odds Analysis

What are Advance Auto's target price odds to finish over the current price? Contingent on a normal probability distribution, the odds of Advance Auto jumping above the current price in 90 days from now is about 18.32%. The Advance Auto Parts probability density function shows the probability of Advance Auto stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Advance Auto Parts has a beta of -0.08. This suggests as returns on benchmark increase, returns on holding Advance Auto are expected to decrease at a much lower rate. During the bear market, however, Advance Auto Parts is likely to outperform the market. Additionally, the company has an alpha of 0.095, implying that it can generate a 0.095 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 211.21HorizonTargetOdds Up 211.21 
81.35%90 days
 211.21 
18.32%
Based on a normal probability distribution, the odds of Advance Auto to move above the current price in 90 days from now is about 18.32 (This Advance Auto Parts probability density function shows the probability of Advance Stock to fall within a particular range of prices over 90 days) .

Advance Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Advance Auto that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Advance Auto's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Advance Auto's value.
InstituionSecurity TypeTotal SharesValue
Vanguard Group IncCommon SharesM1.4 B
Blackrock IncCommon Shares4.6 M951.1 M
View Advance Auto Diagnostics

Advance Auto Historical Income Statement

Advance Auto Parts Income Statement is one of the three primary financial statements used for reporting Advance's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Advance Auto Parts revenue and expense. Advance Auto Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of 27th of September 2021, Direct Expenses is likely to grow to about 5.8 B. Also, Consolidated Income is likely to grow to about 501.4 M View More Fundamentals

Advance Stock Against Markets

Picking the right benchmark for Advance Auto stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Advance Auto stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Advance Auto is critical whether you are bullish or bearish towards Advance Auto Parts at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Advance Auto without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Advance Auto Corporate Directors

Advance Auto corporate directors refer to members of an Advance Auto board of directors. The board of directors generally takes responsibility for the Advance Auto's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Advance Auto's board members must vote for the resolution. The Advance Auto board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Bradley Buss - Independent DirectorProfile
Sharon McCollam - Independent DirectorProfile
Arthur Valdez - Independent DirectorProfile
Carlos Saladrigas - Independent DirectorProfile
Please continue to Trending Equities. Note that the Advance Auto Parts information on this page should be used as a complementary analysis to other Advance Auto's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Fund Screener module to find activelly-traded funds from around the world traded on over 30 global exchanges.

Complementary Tools for Advance Stock analysis

When running Advance Auto Parts price analysis, check to measure Advance Auto's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Advance Auto is operating at the current time. Most of Advance Auto's value examination focuses on studying past and present price action to predict the probability of Advance Auto's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Advance Auto's price. Additionally, you may evaluate how the addition of Advance Auto to your portfolios can decrease your overall portfolio volatility.
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The market value of Advance Auto Parts is measured differently than its book value, which is the value of Advance that is recorded on the company's balance sheet. Investors also form their own opinion of Advance Auto's value that differs from its market value or its book value, called intrinsic value, which is Advance Auto's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Advance Auto's market value can be influenced by many factors that don't directly affect Advance Auto Parts underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Advance Auto's value and its price as these two are different measures arrived at by different means. Investors typically determine Advance Auto value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advance Auto's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.