Advance Auto Parts (NYSE: AAP) has recently received a number of price target changes and ratings updates:
Shares of Advance Auto Parts, Inc. (NYSE:AAP) traded down 0.05% during trading on Monday, hitting $170.77. The stock had a trading volume of 1,022,706 shares. The firm has a market capitalization of $12.58 billion, a P/E ratio of 27.99 and a beta of 1.04. The stock’s 50-day moving average price is $148.06 and its 200 day moving average price is $154.52. Advance Auto Parts, Inc. has a 1-year low of $131.59 and a 1-year high of $174.31.
Advance Auto Parts (NYSE:AAP) last posted its quarterly earnings data on Monday, November 14th. The company reported $1.73 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.71 by $0.02. The firm earned $2.25 billion during the quarter, compared to analysts’ expectations of $2.20 billion. Advance Auto Parts had a net margin of 4.75% and a return on equity of 20.42%. The firm’s quarterly revenue was down 2.0% on a year-over-year basis. During the same quarter last year, the company posted $1.95 EPS. On average, analysts anticipate that Advance Auto Parts, Inc. will post $7.25 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 6th. Investors of record on Friday, December 23rd will be given a dividend of $0.06 per share. The ex-dividend date of this dividend is Wednesday, December 21st. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.14%. Advance Auto Parts’s payout ratio is currently 3.94%.