Advance Auto Parts Inc (AAP) Stock Forecast & Price Target
Advance Auto Parts Inc · NYSE
$58.69+0.96 (+1.66%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 15 firms covering Advance Auto Parts Inc, 0 rate it Buy or better, 14 sit at Hold, and 1 rate it Sell or worse, a hold consensus. Targets span $46.00 to $65.00, a moderate spread. The average target of $58.77 is roughly in line with the current $58.69. Sentiment has drifted a little more constructive lately, with Sell ratings easing from 2 to 1 over recent months. On the fundamentals, the Street sees revenue growth near 0% this year and 3% next, consensus EPS building from about $0.86 next quarter toward $4.01 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS15 ratings
Hold
Strong Buy00%
Buy00%
Hold1493%
Sell17%
Strong Sell00%
Based on 15 analysts giving stock ratings to Advance Auto Parts Inc.
As of Jul, 0 of 15 firms rate AAP a Buy (14 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
AAP EPS & revenue forecast
EPS · NEXT QUARTER
$0.86
Range $0.67 – $1.09 · 23 analysts · -6% YoY
Next period, 23 analysts expect Advance Auto Parts Inc to earn $0.86 a share (range $0.67 – $1.09), versus $0.92 a year earlier. Full-year consensus is $2.94, growing to $4.01 the year after.
REVENUE · NEXT QUARTER
$2.1B
Range $2.0B – $2.1B · 23 analysts · +1% YoY
Revenue is expected to reach $2.1B (range $2.0B – $2.1B), +1.0% year-over-year. Full-year consensus is $8.6B, rising to $8.8B next year.
Top analysts covering Advance Auto Parts Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on AAP.
#1
Michael Baker
DA Davidson
Hold
$58.00-1.2% to target
Coverage
—
+ Follow
#2
Greg Melich
Evercore ISI Group
Hold
$65.00+10.8% to target
Coverage
—
+ Follow
#3
Zachary Fadem
Wells Fargo
Hold
$60.00+2.2% to target
Coverage
—
+ Follow
#4
SC
Scott Ciccarelli
Truist Securities
Hold
$62.00+5.6% to target
Coverage
—
+ Follow
#5
Steven Zaccone
Citigroup
Hold
$60.00+2.2% to target
Coverage
—
+ Follow
AAP stock forecast FAQ
What is AAP's average 12-month price target?+
The 15 analysts with a live target average $58.77 for Advance Auto Parts Inc over the next 12 months, ranging from a $65.00 high to a $46.00 low.
Is AAP stock a Buy, Sell or Hold right now?+
The current consensus is Hold. Of the 15 analyst ratings, 0 are Buy or Strong Buy, 14 are Hold, and 1 are Sell or Strong Sell.
What are the highest and lowest price targets for AAP?+
The Street-high target is $65.00 (RBC Capital), and the Street-low is $46.00 (TD Cowen). The average of all 15 active targets is $58.77.
How many Wall Street analysts cover AAP?+
15 analysts have an active rating on Advance Auto Parts Inc, and 15 firms carry a live 12-month price target.
Who is the most accurate analyst covering AAP?+
Among analysts who currently cover AAP, Michael Baker of DA Davidson has the strongest overall Quantellect track record. Their current call is Hold with a $58.00 target.
What is Advance Auto Parts Inc's projected EPS for next quarter?+
The consensus estimate is $0.86 per share (range $0.67 – $1.09) across 23 analysts. Full-year EPS is projected at $2.94, rising to $4.01 the following year.
How much revenue is Advance Auto Parts Inc expected to report next quarter?+
Consensus revenue is $2.1B (range $2.0B – $2.1B). Full-year revenue is projected at $8.6B, growing to $8.8B next year.
Have analysts been upgrading or downgrading AAP lately?+
As of Jul, 0 of 15 firms rate AAP a Buy (14 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their AAP calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
