Advance Auto Parts (AAP) Given Daily Media Sentiment Score of 0.13
Press coverage about Advance Auto Parts (NYSE:AAP) has been trending somewhat positive on Friday, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Advance Auto Parts earned a news impact score of 0.13 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.2066337100578 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- Recent Institutional Activity: Emerson Electric Co. (EMR), Advance Auto Parts, Inc. (AAP) – Market Movers (financialqz.com)
- Advance Auto Parts Inc (AAP) Receives Average Recommendation of “Hold” from Analysts (americanbankingnews.com)
- Today Analysts Focus on: Advance Auto Parts, Inc., (NYSE: AAP), Bill Barrett Corporation, (NYSE: BBG), Gigamon Inc … – Stocks In The News (press release) (tradingnewsnow.com)
- Overview on Stock’s Volatility – Advance Auto Parts, Inc., (NYSE: AAP) – Stock Watch (stocksnewstimes.com)
- Are Auto Parts Retailers on the Recovery Path in November? (finance.yahoo.com)
Shares of Advance Auto Parts (NYSE:AAP) traded down $1.72 during midday trading on Friday, hitting $99.28. 2,253,440 shares of the company’s stock traded hands, compared to its average volume of 1,691,078. The stock has a market cap of $7,340.00, a price-to-earnings ratio of 16.55, a P/E/G ratio of 1.67 and a beta of 0.90. Advance Auto Parts has a 52 week low of $78.81 and a 52 week high of $177.83. The company has a quick ratio of 0.32, a current ratio of 1.52 and a debt-to-equity ratio of 0.32.
Advance Auto Parts (NYSE:AAP) last issued its earnings results on Tuesday, November 14th. The company reported $1.43 EPS for the quarter, topping the consensus estimate of $1.25 by $0.18. The company had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.21 billion. Advance Auto Parts had a net margin of 3.75% and a return on equity of 13.51%. The business’s revenue was down 3.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.73 EPS. equities research analysts forecast that Advance Auto Parts will post 5.22 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, January 5th. Shareholders of record on Friday, December 22nd will be given a dividend of $0.06 per share. The ex-dividend date is Thursday, December 21st. This represents a $0.24 annualized dividend and a dividend yield of 0.24%. Advance Auto Parts’s payout ratio is currently 5.03%.
A number of research firms recently weighed in on AAP. UBS reiterated a “buy” rating and issued a $155.00 price objective (down from $170.00) on shares of Advance Auto Parts in a research report on Monday, August 7th. Oppenheimer reiterated a “hold” rating on shares of Advance Auto Parts in a research report on Tuesday, August 15th. Citigroup lowered shares of Advance Auto Parts from a “strong-buy” rating to a “market perform” rating in a research report on Wednesday, October 4th. Raymond James Financial reiterated a “market perform” rating on shares of Advance Auto Parts in a research report on Wednesday, October 4th. Finally, Bank of America reiterated an “underperform” rating and issued a $87.50 price objective on shares of Advance Auto Parts in a research report on Tuesday, September 5th. Four analysts have rated the stock with a sell rating, seven have issued a hold rating and eleven have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $104.89.
About Advance Auto Parts
Advance Auto Parts, Inc provides automotive aftermarket parts in North America, serving do-it-for-me (Professional) and do-it-yourself (DIY), customers. The Company’s stores and branches offer a selection of brand name, original equipment manufacturer (OEM) and private label automotive replacement parts, accessories, batteries and maintenance items for domestic and imported cars, vans, sport utility vehicles and light and heavy duty trucks.
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