# Advance Auto Parts, Inc. – Consensus ‘hold’ rating and 28.9% Upside Potential

- Link: https://www.directorstalkinterviews.com/advance-auto-parts-inc.consensus-hold-rating-and-28.9-upside-potential/4121130192
- Published: 2023-10-20T14:11:32+01:00
- Author: Charlotte Edwards

**Advance Auto Parts, Inc.** which can be found using ticker (AAP) have now 18 confirmed
analysts covering the stock with the consensus suggesting a rating of ‘hold’. The
range between the high target price and low target price is between 98 and 42 calculating
the mean target price we have $68.61. Given that the stocks previous close was at
$53.24 and the analysts are correct then we can expect a percentage increase in 
value of 28.9%. Also worth taking note is the 50 day moving average now sits at 
$60.64 and the 200 day moving average is $99.28. The market cap for the company 
is 3.05B. The stock price for the company is currently 51.3 USD

 The potential market cap would be $3,931,577,542 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 8.86, revenue per share of 188.28
and a 2.93% return on assets.

Advance Auto Parts, Inc. is an automotive aftermarket parts provider in North America,
serving both professional installers and do-it-yourself (DIY) customers. Its stores
and branches offer a selection of brand names, original equipment manufacturers (
OEM), and brand-owned automotive replacement parts, accessories, batteries and maintenance
items for domestic and imported cars, vans, sport utility vehicles, and light and
heavy-duty trucks. It operates approximately 4,770 stores and 316 branches within
the United States, Canada, Puerto Rico, and the United States Virgin Islands. The
Company operates through four trade names: Advance Auto Parts, Autopart International,
Carquest, and Worldpac. Its Advance Auto Parts focus on both professional and DIY
customers. The stores carry a variety of products serving aftermarket auto part 
needs for both domestic and import vehicles. Its Autopart International operates
in the North-eastern and Mid-Atlantic regions of the United States.

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