Zacks Rating on Advance Auto Parts Inc (AAP)

Advance Auto Parts Inc (AAP) : 14 analysts are covering Advance Auto Parts Inc (AAP) and their average rating on the stock is 2.39, which is read as a Buy. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Advance Auto Parts Inc (AAP) also receives 2 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 5, which recommends a Strong Sell affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 7 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Advance Auto Parts Inc (AAP) has been rated by 9 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $192 and the lowest price target forecast is $130. The average forecast of all the analysts is $167.11 and the expected standard deviation is $18.88.


Advance Auto Parts Inc. has lost 1.53% in the last five trading days and dropped 5.24% in the last 4 weeks. Advance Auto Parts Inc. is up 5.8% in the last 3-month period. Year-to-Date the stock performance stands at 5.02%. Advance Auto Parts Inc (NYSE:AAP): On Tuesdays trading session , Opening price of the stock was $159.37 with an intraday high of $159.91. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $157.76. However, the stock managed to close at $157.94, a loss of 0.33% for the day. On the previous day, the stock had closed at $158.47. The total traded volume of the day was 996,185 shares.

Advance Auto Parts, Inc. is a provider of automotive aftermarket parts. The companys stores and branches offer a selection of brand name, original equipment manufacturer (OEM) and private label automotive replacement parts, accessories, batteries and maintenance items for domestic and imported cars, vans, sport utility vehicles and light and heavy duty trucks. The company serves its do-it-for-me (commercial) customers and do-it-yourself (DIY) customers through a variety of channels ranging from traditional brick and mortar store locations to self-serving e-commerce sites. As of January 3, 2015, the Companys operations are comprised of 5,261 stores and 111 distribution branches, which operate in the United States, Canada, Puerto Rico and the United States Virgin Islands primarily under the trade names Advance Auto Parts, Carquest, Autopart International and Worldpac.

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