Advance Auto Portions (NYSE:AAP) Value Goal Diminished to $83.00 at The Goldman Sachs Team

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Advance Auto Portions (NYSE:AAPLoose Record) had its charge goal trimmed by way of The Goldman Sachs Team from $90.00 to $83.00 in a analysis observe issued to traders on Wednesday, Marketbeat.com experiences. The company these days has a impartial score at the inventory.

Quite a lot of different analysts have additionally not too long ago issued experiences on AAP. TheStreet minimize stocks of Advance Auto Portions from a b- score to a c+ score in a analysis observe on Friday, Would possibly twenty sixth. Financial institution of The usa diminished stocks of Advance Auto Portions from a purchase score to a impartial score and dropped their charge goal for the inventory from $178.00 to $85.00 in a analysis observe on Thursday, June 1st. Barclays dropped their charge goal on stocks of Advance Auto Portions from $129.00 to $69.00 in a analysis observe on Thursday, June 1st. Atlantic Securities diminished Advance Auto Portions from a impartial score to an underweight score and lowered their goal charge for the inventory from $130.00 to $50.00 in a document on Monday, July tenth. After all, Raymond James diminished Advance Auto Portions from a strong-buy score to a marketplace carry out score in a document on Thursday, June 1st. One funding analyst has rated the inventory with a promote score, nineteen have issued a grasp score and one has given a purchase score to the corporate’s inventory. In keeping with knowledge from MarketBeat, the corporate these days has a consensus score of Grasp and a consensus goal charge of $94.74.

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Advance Auto Portions Value Efficiency

Stocks of AAP opened at $64.08 on Wednesday. The corporate has a marketplace capitalization of $3.81 billion, a price-to-earnings ratio of eleven.09, a P/E/G ratio of one.27 and a beta of one.08. Advance Auto Portions has a fifty-two week low of $63.09 and a fifty-two week top of $194.35. The corporate has a debt-to-equity ratio of 0.66, a present ratio of one.26 and a handy guide a rough ratio of 0.24. The industry’s 50-day transferring reasonable is $70.10 and its 200-day transferring reasonable is $102.17.

Advance Auto Portions (NYSE:AAPGet Loose Record) closing issued its revenue effects on Wednesday, August twenty third. The corporate reported $1.43 revenue in keeping with percentage for the quarter, lacking analysts’ consensus estimates of $1.66 by way of ($0.23). Advance Auto Portions had a internet margin of three.08% and a go back on fairness of 17.53%. The industry had earnings of $2.69 billion right through the quarter, in comparison to analyst estimates of $2.66 billion. All the way through the similar quarter within the prior 12 months, the corporate earned $3.74 EPS. Advance Auto Portions’s earnings for the quarter was once up .8% on a year-over-year foundation. Equities analysis analysts be expecting that Advance Auto Portions will submit 4.8 EPS for the present fiscal 12 months.

Advance Auto Portions Dividend Announcement

The corporate additionally not too long ago disclosed a quarterly dividend, which might be paid on Friday, October twenty seventh. Stockholders of report on Friday, October thirteenth might be issued a dividend of $0.25 in keeping with percentage. This represents a $1.00 annualized dividend and a dividend yield of one.56%. The ex-dividend date is Thursday, October twelfth. Advance Auto Portions’s payout ratio is right now 17.30%.

Insider Transactions at Advance Auto Portions

In different Advance Auto Portions information, Director Carla Jean Bailo bought 500 stocks of the corporate’s inventory in a transaction that happened on Wednesday, June seventh. The inventory was once bought at a mean charge of $65.90 in keeping with percentage, with a complete price of $32,950.00. Following the of entirety of the transaction, the director now without delay owns 500 stocks of the corporate’s inventory, valued at roughly $32,950. The transaction was once disclosed in a submitting with the SEC, which is to be had via the SEC site. In different information, Director Douglas A. Pertz purchased 4,575 stocks of Advance Auto Portions inventory in a transaction dated Monday, June twelfth. The stocks had been purchased at a mean charge of $66.02 in keeping with percentage, for a complete transaction of $302,041.50. Following the acquisition, the director now owns 12,831 stocks of the corporate’s inventory, valued at $847,102.62. The acquisition was once disclosed in a report filed with the Securities & Alternate Fee, which can also be accessed via this hyperlink. Additionally, Director Carla Jean Bailo purchased 500 stocks of Advance Auto Portions inventory in a transaction dated Wednesday, June seventh. The inventory was once bought at a mean charge of $65.90 in keeping with percentage, for a complete transaction of $32,950.00. Following the acquisition, the director now without delay owns 500 stocks within the corporate, valued at roughly $32,950. The disclosure for this acquire can also be discovered right here. Within the closing quarter, insiders have purchased 5,463 stocks of corporate inventory valued at $359,924. 0.63% of the inventory is owned by way of company insiders.

Institutional Buyers Weigh In On Advance Auto Portions

Quite a lot of hedge budget and different institutional traders have not too long ago purchased and offered stocks of the industry. ArrowMark Colorado Holdings LLC larger its holdings in Advance Auto Portions by way of 4.7% right through the 4th quarter. ArrowMark Colorado Holdings LLC now owns 1,717 stocks of the corporate’s inventory valued at $252,000 after buying an extra 77 stocks within the closing quarter. New York Existence Funding Control LLC lifted its place in stocks of Advance Auto Portions by way of 0.8% right through the fourth quarter. New York Existence Funding Control LLC now owns 9,711 stocks of the corporate’s inventory price $1,428,000 after buying an extra 78 stocks within the closing quarter. Covestor Ltd lifted its place in stocks of Advance Auto Portions by way of 113.7% right through the primary quarter. Covestor Ltd now owns 156 stocks of the corporate’s inventory price $32,000 after buying an extra 83 stocks within the closing quarter. Kentucky Retirement Techniques Insurance coverage Consider Fund lifted its place in stocks of Advance Auto Portions by way of 4.1% right through the 3rd quarter. Kentucky Retirement Techniques Insurance coverage Consider Fund now owns 2,173 stocks of the corporate’s inventory price $340,000 after buying an extra 86 stocks within the closing quarter. After all, Wetherby Asset Control Inc. lifted its place in stocks of Advance Auto Portions by way of 6.5% right through the primary quarter. Wetherby Asset Control Inc. now owns 1,418 stocks of the corporate’s inventory price $293,000 after buying an extra 87 stocks within the closing quarter. 91.32% of the inventory is owned by way of institutional traders and hedge budget.

About Advance Auto Portions

(Get Loose Record)

Advance Auto Portions, Inc supplies car alternative portions, equipment, batteries, and upkeep pieces for home and imported vehicles, trucks, game application automobiles, and lightweight and heavy accountability vehicles. The corporate provides battery equipment; belts and hoses; brakes and brake pads; chassis and local weather keep watch over portions; clutches and power shafts; engines and engine portions; exhaust programs and portions; hub assemblies; ignition parts and wires; radiators and cooling portions; starters and alternators; and guidance and alignment portions.

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