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See what the IHS Markit Score report has to say about Advance Auto Parts Inc.

IHS Markit

Advance Auto Parts Inc

NYSE:AAP

Score: Negative (13)

17 days at current score.

Downgraded from Positive on September 27th 2017

View full report here!

Summary


  • This company ranked negatively compared to the Consumer Services sector despite only 1 negative IHS Markit Category
  • ETFs holding this stock have seen outflows over the last one-month
  • Bearish sentiment is moderate and increasing
  • Economic output in this company's sector is expanding


Bearish sentiment

Short interest | Neutral

Short interest is moderate for AAP with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on October 11.

Money flow

ETF/Index ownership | Negative

ETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding AAP totaled $9.28 billion. Additionally, the rate of outflows appears to be accelerating.

Economic sentiment

PMI by IHS Markit | Positive

According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year.

Credit worthiness

Credit default swap

CDS data is not available for this security.

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