Previous close | 55.07 |
Open | 55.94 |
Bid | 54.80 x 1800 |
Ask | 57.09 x 3000 |
Day's range | 55.56 - 57.25 |
52-week range | 53.26 - 194.35 |
Volume | |
Avg. volume | 2,562,715 |
Market cap | 3.326B |
Beta (5Y monthly) | 1.09 |
PE ratio (TTM) | 9.66 |
EPS (TTM) | 5.79 |
Earnings date | 13 Nov 2023 - 17 Nov 2023 |
Forward dividend & yield | 1.00 (1.82%) |
Ex-dividend date | 12 Oct 2023 |
1y target est | 70.06 |
Advance Auto Parts (AAP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
First, I'd like to see at least some semblance of a competitive advantage. When asking my followers on social media, PayPal Holdings (NASDAQ: PYPL) came out as the runaway winner for struggling stocks to buy at a discount, and I agree that it has potential. Discount retailer Dollar General has a competitive advantage: over 19,000 locations around the country.
Monday witnessed a significant development for Advance Auto Parts (NYSE:AAP), as S&P Global Ratings downgraded the automobile parts retailer's debt to "junk" status. The downgrade comes in light of the company's sales underperformance compared to industry rivals AutoZone (NYSE:AZO) and O'Reilly (NASDAQ:ORLY) Automotive over the past 18 months. The company's strategy of maintaining high prices has been identified as a contributing factor to its loss of market share.