Advance Auto Parts Inc (NYSE:AAP) shares, rose in value, with the stock price up by 5.10% to the previous day’s close as strong demand from buyers drove the stock to $39.75.
Actively observing the price movement in the recent trading, the stock is buoying the session at $37.82, falling within a range of $37.75 and $40.5195. The value of beta (5-year monthly) is 1.293. Referring to stock’s 52-week performance, its high was $86.46, and the low was $33.08. On the whole, AAP has fluctuated by 5.44% over the past month.
With the market capitalization of Advance Auto Parts Inc currently standing at about $2.38 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-25. The company’s Forward Dividend Ratio is 1.00, with its dividend yield at 2.52%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 8.5B, with a low estimate of 2.46B and a high estimate of 2.62B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.51B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AAP’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of AAP currently trading nearly 7.73% and -6.48% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.72, while the 7-day volatility ratio is showing 3.59% which for the 30-day chart, stands at 5.32%. Furthermore, Advance Auto Parts Inc (AAP)’s beta value is 1.14, and its average true range (ATR) is 1.85.
A comparison of Advance Auto Parts Inc (AAP) with its peers suggests the former has fared considerably weaker in the market. AAP showed an intraday change of 5.10% in today’s session so far, and over the past year, it shrunk by -52.82%%.
Data on historical trading for Advance Auto Parts Inc (NYSE:AAP) indicates that the trading volumes over the past 10 days have averaged 1.76 and over the past 3 months, they’ve averaged 2.24 million. According to company’s latest data on outstanding shares, there are 59.77 million shares outstanding.
Nearly 1.56% of Advance Auto Parts Inc’s shares belong to company insiders and institutional investors own 121.91% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 8.42 million shares as on 2025-03-14, resulting in a short ratio of 2.55. According to the data, the short interest in Advance Auto Parts Inc (AAP) stood at 1867.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 9.87 million. The stock has fallen by -15.94% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AAP stock heading into the next quarter.
