In Thursday’s Wall Street session, Advance Auto Parts Inc (NYSE:AAP) shares traded at $49.17, up 57.04% from the previous session.
AAP stock price is now 41.43% away from the 50-day moving average and 18.54% away from the 200-day moving average. The market capitalization of the company currently stands at $2.94B.
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With the price target of $45, BMO Capital Markets recently initiated with Market Perform rating for Advance Auto Parts Inc (NYSE: AAP). , while ‘Wedbush’ rates the stock as ‘Outperform’
In other news, Grimsland Ryan P, EVP, Chief Financial Officer bought 200 shares of the company’s stock on Mar 27 ’25. The stock was bought for $8,140 at an average price of $40.70. Upon completion of the transaction, the EVP, Chief Financial Officer now directly owns 56,499 shares in the company, valued at $2.78 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 11 ’25, Director, President and CEO OKelly Shane M bought 1,500 shares of the business’s stock. A total of $55,185 was incurred on buying the stock at an average price of $36.79. This leaves the insider owning 183,121 shares of the company worth $9.0 million. A total of 1.55% of the company’s stock is owned by insiders.
During the past 12 months, Advance Auto Parts Inc has had a low of $28.89 and a high of $71.62. As of last week, the company has a debt-to-equity ratio of 1.67, a current ratio of 1.27, and a quick ratio of 0.49. The fifty day moving average price for AAP is $34.7658 and a two-hundred day moving average price translates $41.4787 for the stock.
The latest earnings results from Advance Auto Parts Inc (NYSE: AAP) was released for 2024-12-28. The net profit margin was -3.74% and return on equity was -23.77% for AAP. The company reported revenue of $857.03 million for the quarter, compared to $887.21 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.4 percent. For the current quarter, analysts expect AAP to generate $1.98B in revenue.
