Here's Why You Should Offload Advance Auto From Your Portfolio [Yahoo! Finance]

Advance Auto Parts Inc. (AAP)
Last advance auto parts inc. earnings: 2/18 06:30 am
Check Earnings Report
US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=130560&p=irol-irhome
Company Research
Source: Yahoo! Finance
Let's see what makes this Zacks Rank #5 (Strong Sell) stock a risky bet. AAP's sales are impacted by planned store closures, which reduced net sales by about $700 million in the last 12 months. Pro-forma revenues for 2024 are expected to range from $8.2 billion to $8.4 billion, with a net sales reduction of $600-$800 million. The higher end assumes some sales will transfer to remaining stores, while the lower end accounts for challenges from realigning sales efforts due to the reduced store footprint. The company's DIY segment is facing pressure due to financial strain on consumers, leading to fewer discretionary purchases. While the automotive industry remains resilient because essential maintenance is unavoidable, the short-term challenges are
Read more
Impact Snapshot
Event Time:
AAP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AAP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AAP alerts
High impacting Advance Auto Parts Inc. news events
Weekly update
A roundup of the hottest topics
AAP
News
- Advance Auto Parts store closures: What to know as 700 locations are set to shutter by mid-2025 [Yahoo! Finance]Yahoo! Finance
- Advance Auto Parts, Inc. (NYSE: AAP) had its price target lowered by analysts at Citigroup Inc. from $47.00 to $40.00. They now have a "neutral" rating on the stock.MarketBeat
- Advance Auto Parts, Inc. (NYSE: AAP) had its price target lowered by analysts at Royal Bank of Canada from $50.00 to $44.00. They now have a "sector perform" rating on the stock.MarketBeat
- Advance Auto Parts, Inc. (NYSE: AAP) had its price target lowered by analysts at BMO Capital Markets from $45.00 to $40.00. They now have a "market perform" rating on the stock.MarketBeat
- Advance Auto Parts, Inc. (NYSE: AAP) had its price target lowered by analysts at Truist Financial Co. from $39.00 to $34.00. They now have a "hold" rating on the stock.MarketBeat
AAP
Earnings
- 2/26/25 - Beat
AAP
Sec Filings
- 2/27/25 - Form 3
- 2/26/25 - Form 10-K
- 2/26/25 - Form 8-K
- AAP's page on the SEC website