# Advance Auto Parts, Inc.  Share Price Target ‘$56.65’, now -11.8% Downside Potential

- Link: https://www.directorstalkinterviews.com/advance-auto-parts-inc.share-price-target-56.65-now-11.8-downside-potential/4121142753
- Published: 2024-02-16T12:59:11+00:00
- Author: Charlotte Edwards

**Advance Auto Parts, Inc.** which can be found using ticker (AAP) have now 20 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
$32.00 calculating the average target share price we see $56.65. (at the time of
writing). Now with the previous closing price of $64.26 this would indicate that
there is a downside of -11.8%. Also worth taking note is the 50 day moving average
now sits at $62.28 and the 200 day moving average is $68.40. The market cap for 
the company is 3.85B. The stock price is currently at: $64.65 USD

 The potential market cap would be $3,391,246,091 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 18.79, revenue per share of $190.12
and a 2% 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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