|Bid||121.56 x 50000|
|Ask||122.34 x 50000|
|Day's Range||121.74 - 122.08|
|52 Week Range||121.74 - 163.22|
|Beta (3Y Monthly)||-0.05|
|PE Ratio (TTM)||20.38|
|Forward Dividend & Yield||0.21 (0.17%)|
|1y Target Est||N/A|
The ongoing trade war with China is having an impact on Triangle companies. Michael Walden, North Carolina State University professor and economist, says the tariff situation has created a headwind that’s likely responsible for shaving 0.6 percentage points off GDP growth. “While businesses can ultimately obtain products from sources other than China, changing supply chains takes a while,” he says.
Advance Auto Parts, Inc. (NYSE: AAP) turned in a disappointing second quarter Tuesday as car repair DIY-ers put off fixes due to bad weather. Bank of America analyst Elizabeth Suzuki reiterated a Buy rating and $200 price target. UBS Securities analyst Michael Lasser maintained a Buy rating on the stock and raised the price target from $170 to $205.
Advance Auto Parts (NYSE: AAP ) reported second-quarter earnings of $2 per share, which missed the analyst consensus estimate of $2.21 by 9.5%. This is a 1.52% increase over earnings of $1.97 per share ...
Shares of Advance Auto Parts Inc. slumped 4.3% toward a 13-month low in premarket trading Tuesday, after the auto parts retailer reported second-quarter earnings and sales that missed expectations and trimmed its full-year outlook, while announcing a new $400 million stock repurchase program. Net income for the quarter to July 13 rose to $124.8 million, or $1.73 a share, from $117.8 million, or $1.59 a share, in the year-ago period. Excluding non-recurring items, adjusted EPS rose 1.5% to $2.00, but missed the FactSet consensus of $2.22. Sales increased 0.2% to $2.33 billion, below the FactSet consensus of $2.36 billion. Same-store sales were "flat," missing the FactSet consensus for a 1.5% increase. For 2019, the company lowered its sales guidance range to $9.65 billion to $9.75 billion from $9.65 billion to $9.80 billion, and trimmed its same-store sales growth outlook to 1.0% to 2.0% from 1.0% to 2.5%. "We are confident that despite short term headwinds in the second quarter, which caused volatility in our financial results, we will deliver meaningful progress against our transformation plan in 2019," said Chief Financial Officer Jeff Shepherd. The company said the new $400 million buyback program replaces what's left of the previous $600 million program authorized a year ago. The stock, which is on track to open at the lowest levels seen since July 2018, has shed 9.7% year to date through Monday, while the Dow Jones Industrial Average has climbed 11.0%.
On Tuesday, August 13, Advance Auto Parts, Inc. (NYSE: AAP ) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release. Earnings And Revenue ...
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.
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 ...
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 ...
Auto parts retailer Advance Auto Parts Inc. (AAP) could deliver further stock price growth after rising 47% over the past year. The company is implementing a revised strategy that will see it invest increasingly in its omnichannel offering as well as in a variety of new products. This could improve its competitive advantage and boost customer engagement levels.
shares were up 4% in trading Tuesday after the auto parts company topped earnings and revenue estimates despite the fact that it also provided an estimate for full-year same-store sales growth that was below analysts' expectations.
On a per-share basis, the Roanoke, Virginia-based company said it had net income of 74 cents. Earnings, adjusted for one-time gains and costs, came to $1.17 per share. The results surpassed Wall Street ...
O'Reilly Automotive earnings missed Q4 views but the auto parts chain sees same-store sales growth possibly accelerating this year.
Advance Auto Parts Inc. (AAP) has gained more than 50% year to date, but the company's stock tumbled more than 10% between Nov. 19 and Dec. 17. Warning! GuruFocus has detected 2 Warning Sign with WMT. Advance Auto suffered the most significant losses in the industry in 2017, while AutoZone (AZO) and O'Reilly (ORLY) suffered losses of 9.9% and 13.6%.