# Advance Auto Parts, Inc. – Consensus ‘hold’ rating and 31.9% Upside Potential

- Link: https://www.directorstalkinterviews.com/advance-auto-parts-inc.consensus-hold-rating-and-31.9-upside-potential/4121131676
- Published: 2023-11-01T13:59:40+00:00
- Author: Charlotte Edwards

**Advance Auto Parts, Inc.** with ticker code (AAP) have now 18 market analysts 
covering the stock. The analyst consensus now points to a rating of ‘hold’. The 
range between the high target price and low target price is between $98.00 and $
42.00 suggesting an average Analsyt target price of $68.61. Given that the stocks
previous close was at $52.03 this is indicating there is a potential upside of 31.9%.
Also worth taking note is the 50 day moving average now sits at $57.45 and the 200
day moving average is $95.19. The company has a market capitalization of 3.09B. 
The stock price for the company is currently $51.93 USD

 The potential market cap would be $4,072,415,065 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 8.97, 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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