|Bid||166.81 x 1200|
|Ask||166.95 x 1000|
|Day's Range||164.86 - 170.98|
|52 Week Range||115.63 - 186.15|
|Beta (3Y Monthly)||1.24|
|PE Ratio (TTM)||29.15|
|Earnings Date||May 22, 2019|
|Forward Dividend & Yield||0.24 (0.14%)|
|1y Target Est||193.72|
In 2016 Tom Greco was appointed CEO of Advance Auto Parts, Inc. (NYSE:AAP). This report will, first, examine the CEO...
Aside from new retail earnings reports, we look forward to parsing through the released minutes from the Federal Open Market Committee (FOMC).
Advance Auto Parts was rising Wednesday after the company announced first-quarter results that topped analysts' expectations. The Raleigh, N.C.-based company reported earnings of $2.46 a share on revenue of $2.
Advance Auto Parts (AAP) delivered earnings and revenue surprises of 4.24% and 0.42%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
Shares of Advance Auto Parts Inc. gained 0.7% in premarket trade Wednesday, after the auto parts retailer reported fiscal first-quarter earnings and revenue that beat forecasts. Net income for the quarter to April 20 rose to $142.5 million, or $1.98 a share, from $136.7 million, or $1.84 a share, in the year-ago period. Excluding non-recurring items, adjusted earnings per share came to $2.46, above the FactSet consensus of $2.37. Net sales rose 2.7% to $2.95 billion, just above the FactSet consensus of $2.94 billion, as same-store sales increased 2.7%. Free cash flow increased 19.9% to $143.2 million. The company expects 2019 net sales of $9.65 billion to $9.80 billion, compared with the FactSet consensus of $9.78 billion, and expects same-store sales growth of 1.0% to 2.5%. The stock has tacked on 2.4% year to date through Tuesday, while the S&P 500 has climbed 14.3%.
On a per-share basis, the Raleigh, North Carolina-based company said it had profit of $1.98. Earnings, adjusted for one-time gains and costs, came to $2.46 per share. The results surpassed Wall Street ...
Net Sales Increased 2.7% to $3.0B; Comparable Store Sales Increased 2.7%Operating Income Increased 4.9% to $207.9M; Adjusted Operating Income Increased 8.7% to $243.6M
The Standard & Poor's 500 index—commonly called the S&P 500, or simply the S&P—is the primary gauge of the large-cap U.S. equities market. It is based on the market capitalization figures of the top 500 companies that list their common stock on the NYSE or NASDAQ. Based on available historical data, the S&P has generated an average annual return of around 9.8% from 1928 through 2016.
Advance Auto Parts (NYSE: AAP ) will be releasing its next round of earnings this Wednesday, May 22. For all of the relevant information, here is your guide for Wednesday's earnings announcement. Earnings ...
O'Reilly Automotive Inc (NASDAQ:ORLY) is the biggest of the brick and mortar DIY automotive supply stores in the nation. So, it was a bit of shock in late April when it announced that Q1 was weaker than expected. Revenue and earnings were below expectations and even low for the company's projections, which are usually conservative (hitting the middle of range or higher is the usual expectation).Source: JJBers via Flickr (modified)And ORLY stock had been on a run for a while, up nearly 40% for the past 12 months at that point. Now, the stock is off about 10%. Still up 30% in the past year, but it has certainly been dinged.The company has noted that some of the problem was that in its core region -- the Midwest, South and Southwest -- rain on the weekends dampened its customers' ardor for shop work. Cold and snow usually boosts business, but rain has the opposite effect. Also, an extra Monday and one less Sunday in the quarter didn't help matters for ORLY stock.InvestorPlace - Stock Market News, Stock Advice & Trading TipsGenerally, weather-related excuses, or one weekend day here and there shouldn't throw your whole quarter off. But they are valid reasons up to a point. And the numbers weren't horrible, they were just somewhat disappointing. * 10 Baby Boomer Stocks to Buy Then you add to the weak Q1, projections for a weaker Q2, and you wonder whether there's something more afoot.But if you take a look at the macro picture, car and truck sales are slowing; consumer debt is higher than it was in 2008; and wages are rising slightly. Maybe some people can afford to take their cars to the shop to have them worked on now, but the trend for DIY work is still in place.And as cars get older, they need more parts. Like death and taxes, this is an unavoidable reality to owning durable goods, so O'Reilly Automotive stock is still in good long-term shape.While there is still competition from other brick and mortar retailers like Advanced Auto Parts (NYSE:AAP) and AutoZone (NYSE:AZO), there are also online competitors.For now, the other brick and mortar operations are growing well and they don't really overlap much at this point, which is amazing since ORLY has 5,300 stores in 47 states around the U.S.The online parts stores aren't too much competition since it's easier to grab wiper blades and oil in a store than having it shipped. And the more complex parts can be easier to order correctly at a store or online with the convenience of in-store exchanges or returns for the wrong part.ORLY stock gets an overall A rating from my Portfolio Grader, which indicates that while its current fundamentals may not be great, there's plenty of interest in the stock for the long term now that it's sold off a bit.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for Over 20% Upside Potential * 5 Large-Cap Stocks Holding Steady Amid Trade War Concerns * 7 ETFs for Healthy Healthcare REITs Compare Brokers The post The Pullback in OaReilly Automotive Stock Is an Opportunity appeared first on InvestorPlace.
Advance Auto Parts' (AAP) efforts to expand through partnerships, online presence and store openings are likely to have positive effect on its soon-to-be-released results.
Advance Auto Parts (AAP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Advance Auto Parts (AAP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Advance Auto Parts Inc NYSE:AAPView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is extremely low for AAP with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting AAP. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $4.53 billion over the last one-month into ETFs that hold AAP are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | PositiveAccording 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, and is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
SAN DIEGO, CA / ACCESSWIRE / May 7, 2019 / The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in shares Advance Auto Parts, Inc. (NYSE: AAP). Investors, who purchased ...
Advance Auto Parts, Inc. (AAP), a leading automotive aftermarket parts provider in North America that serves both professional installer and do-it-yourself customers, will report its first quarter 2019 results before the market opens on Wednesday, May 22, 2019. A replay of the conference call will be available on the Advance website for one year. Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installer and do-it-yourself customers.
O'Reilly earnings, revenue and same-store sales missed first-quarter estimates. O'Reilly stock tumbled late after the auto parts retailer closed in a buy zone.
Investors looking for stocks with high market liquidity and little debt on the balance sheet should consider Advance Auto Parts, Inc. (NYSE:AAP). With a market valuation of US$12b, AAP is a safe haven in times of market uncertainty du...
Like everyone else, elite investors make mistakes. Some of their top consensus picks, such as Amazon, Facebook and Alibaba, have not done well in Q4 due to various reasons. Nevertheless, the data show elite investors' consensus picks have done well on average over the long-term. The top 15 S&P 500 stocks among hedge funds at […]