AllAnalyst Report
logoArgusNovember 13, 2020

Advance Auto Parts, Inc.: Maintaining BUY and $177 target

Symbols
AAP
Sector(s)
Consumer Cyclical
Rating
Current Price
$75.14
Price Target
Earnings Estimate
Summary

Advance Auto Parts, based in Roanoke, Virginia, is a leading retailer of automotive parts and accessories in the United States. Boosted by the January 2014 acquisition of General Parts International, Advance operated 4,843 stores and 168 World Pac branches as of April 18, 2020, and served 1,258 independently owned Carquest branded stores. The company serves both the 'do-it-yourself' (DIY), and the professional installer (DIFM) markets under the Advance Auto Parts, Carquest, World Pac and Autopart International nameplates. Advance's footprint extends to 49 s

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Analyst Profile

Deborah Ciervo, CFA

Analyst: Generalist
Deborah is a generalist responsible for analytical coverage of companies across all sectors for Argus Research. Prior to joining Argus, she was a Sr. Director of Global Partnerships at S&P Dow Jones Indices where she managed relationships with foreign exchanges and other partners. Deborah joined Dow Jones Indexes as an analyst in 1995 and held key roles in market data distribution and commercial policy, business and product development over her seventeen years with the company. She was Sr. Director of International Markets & Products from 2008-2012, where she led international sales and product management. Deborah earned the Chartered Financial Analyst (CFA) designation in 2004 and she holds a bachelor's degree in finance from Rider University.