140.30 +0.02 (0.01%)
After hours: 4:44PM EDT
|Bid||135.00 x 900|
|Ask||150.00 x 1000|
|Day's Range||139.15 - 141.29|
|52 Week Range||78.81 - 143.42|
|PE Ratio (TTM)||20.63|
|Earnings Date||Aug 13, 2018 - Aug 17, 2018|
|Forward Dividend & Yield||0.24 (0.18%)|
|1y Target Est||132.31|
On July 11, O’Reilly Automotive’s (ORLY) stock price has risen 3.6% on a month-to-date basis. In comparison, AutoZone (AZO) and Advance Auto Parts (AAP) also traded on a positive note. While AZO has risen ~1.6%, AAP has risen ~2.5% month-to-date. During the same period, the S&P 500 benchmark has registered a gain of 2.0%.
Advance Auto Parts is outgrowing its existing offices in north Raleigh and has looked to downtown for more space.
Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on June 26. Index (PMI) data, output in the Consumer Services sector is rising.
Advance Auto Parts, Inc. (AAP), a leading automotive aftermarket parts provider that serves both professional installer and do-it-yourself customers, presented its 2018 Vendor of the Year awards during the company’s annual Supplier Summit held recently in Raleigh, North Carolina. The 2018 Vendor of the Year award was presented to Castrol in recognition of their collaborative planning, focused marketing strategies and role in driving new sales and customer partnerships. The Vendor of the Year Award was presented to Craig Chenoweth, Vice President and General Manager, Retail Sales, North America for Castrol at a special awards dinner during the Supplier Summit.
After reading Advance Auto Parts Inc’s (NYSE:AAP) most recent earnings announcement (21 April 2018), I found it useful to look back at how the company has performed in the pastRead More...
Advance Auto Parts (AAP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Widening of footprint through collaborations and rolling out of a website for professional customers might help Advance Auto Parts (AAP). However, huge capital expenditure is a headwind.
Of the analysts covering AutoZone (AZO), O’Reilly Automotive (ORLY), and Advance Auto Parts (AAP) on June 6, about 46%, 68%, and 54% recommended “buy,” respectively, and 50%, 32%, and 38% recommended “hold.” Approximately 4% and 8% recommended “sell” for AZO and AAP, respectively, while none recommended “sell” for ORLY.
Stock Research Monitor: AAP, AZO, and ORLY LONDON, UK / ACCESSWIRE / June 13, 2018 / If you want a free Stock Review on MGA sign up now at www.wallstequities.com/registration . On Tuesday, June 12, 2018, ...
AutoZone (AZO), O’Reilly Automotive (ORLY), and Advance Auto Parts (AAP), the top three US auto part retailers, have seen their stock reach all-time highs in the last three years. In 2017, these companies largely struggled with softening sales growth, which took a toll on their stock. This year, ORLY and AAP have recovered, while AZO has stayed in negative territory. Let’s take a closer look.
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on February 8. Index (PMI) data, output in the Consumer Services sector is rising.
So far in this series, we’ve covered AutoZone’s (AZO) fiscal third-quarter sales, profit margins, debt position, and valuation multiples. Currently, 46% of analysts covering the stock recommend “buy,” as discussed in the previous part. Also, AZO’s valuation multiples are lower than those of peers (XLY) O’Reilly Automotive (ORLY), and Advance Auto Parts (AAP). While valuation multiples help investors make informed investment decisions, technical support and resistance levels are also crucial in timing entry and exit from a stock.
According to Reuters, of the 24 analysts covering AutoZone stock (AZO) 46% recommend “buy,” 50% recommend “hold,” and 4% recommend “sell.” Analysts’ consensus 12-month target price of $729 implies a good upside potential of ~17.2% based on its May 23 market price of $622.09.
Valuation multiples are widely used in the auto industry to compare businesses that are similar in nature in terms of size, financials or business model. AutoZone’s (AZO) forward valuation multiples can be compared with those of peers O’Reilly Automotive (ORLY) and Advance Auto Parts (AAP).
In the fiscal third quarter, AutoZone’s net-debt-to-EBITDA ratio was 7.6x, marking a fall YoY (year-over-year) from 8.1x and sequentially from 9.9x. The company’s total debt fell 3.8% YoY to $5.0 billion from $5.2 billion.
According to the latest data compiled by Reuters, 54% of the 24 analysts covering Advance Auto Parts (AAP) have recommended a “buy” for the stock. According to consensus data, AAP stock has a potential to reach $124.39 in the next 12 months. Interestingly, there have been no major changes recently in analysts’ ratings for AAP stock.
In the previous two parts, we looked at how AutoZone’s (AZO) key business segments fared in the third fiscal quarter. The company’s focus on improving parts availability and customers’ in-store experience has continued to drive commercial growth. Let’s find out how these factors affected AutoZone’s profitability.
Valuation multiples are commonly used in the automotive and auto industry to compare companies. It’s important to note that we can only use valuation multiples to compare companies that are similar in nature in terms of size or financials.
Previously, we looked at how AutoZone’s (AZO) discontinuation of promotional online ship-to-home discounts affected its retail business in the third fiscal quarter. In this part, we’ll look at its commercial, or DIFM (do-it-for-me) segment.
After Advance Auto Parts (AAP) delivered mixed results for the first quarter, investors’ concerns about a possible near-term weakness in the auto parts retail industry could continue. However, AAP’s management considers the weakness temporary and that long-term growth will likely be unaffected by the softness.
AutoZone’s (AZO) results are mainly divided into two business segments: retail, or DIY (do-it-yourself), and commercial, or DIFM (do-it-for-me). The DIY segment yields wider margins than DIFM. Let’s take a look how the DIY segment performed in the third fiscal quarter and other key decisions AutoZone has made recently.
In the previous part of this series, we looked at Advance Auto Parts’ (AAP) first-quarter sales. In 2017, the company implemented an availability transformation program in 600 of its stores to improve parts availability and customers’ in-store experience. Let’s take a look now at Advance Auto Parts’ margins in the first quarter.