After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Advance Auto Parts Inc. (AAP) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.55, or 0.81%, to $68.20. The Advance Auto Parts Inc. has recorded 46,507 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Advance Auto Parts Announces Executive Leadership Changes.
AAP belongs to the Consumer Cyclical sector of the NYSE while operating in the Specialty Retail industry. At the end of the last regular session, the stock closed at $67.65 and fluctuated between $69.38 as its day high and $67.22 as its day low. The current market capitalization of Advance Auto Parts Inc. is $4.09B. A total of 1.97 million shares were traded on the day, compared to an average of 3.06M shares.
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, AAP has seen 27 BUY and 1 SELL insider trades, representing the acquisition of 84,775 and the disposition of 77 shares. Over the last 12 months, there were 72 BUYs and 31 SELLs from insiders. Insiders purchased 169,639 shares during that period but sold 32,530.
In the most recent transaction, Pertz Douglas A bought 4,575 shares of AAP for 66.02 per share on Jun 12. After the transaction, the Director now owns 12,831 company shares. In a previous transaction on Jun 09, Pertz Douglas A bought 1,570 shares at 63.75 per share. AAP shares that Director owns now total 8,256.
Among the insiders who bought shares, Hilson Joan M acquired of 388 shares on Jun 09 at a per-share price of $64.26. This resulted in the Director holding 388 shares of AAP after the transaction. In another insider transaction, LEE EUGENE I JR bought 7,635 shares at $65.51 per share on Jun 07. Company shares held by the Director now total 10,760.
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Advance Auto Parts Inc. pays an annual dividend of $1.00, resulting in a dividend yield of 1.48%, and it has a price to earnings (P/E) ratio of 11.72. AAP’s most recent ex-dividend date was 10/12/2023 when it declared a $0.25 quarterly dividend that was paid in cash on 10/27/2023. Previously, the company paid the dividend on 7/28/2023 with an ex-dividend date of 7/13/2023. The AAP stock dividend was $0.25 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for AAP in the last 3 months, the mean price target is $72.00 with high estimates of $84.00 and low estimates of $50.00. In terms of 52-week highs and lows, AAP has a high of $194.35 and a low of $63.09.
As of this writing, AAP has an earnings estimate of $1.46 per share for the current quarter. EPS was calculated based on a consensus of 19 estimates, with a high estimate of $1.75 per share and a lower estimate of $1.31. The company reported an EPS of $0.72 in the last quarter, which was -72.00% lower than expectations of $2.57.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. AAP’s latest balance sheet shows that the firm has $601.43M in Cash & Short Term Investments as of fiscal 2021. There were $3.37B in debt and $5.18B in liabilities at the time. Its Book Value Per Share was $45.81, while its Total Shareholder’s Equity was $3.13B.
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AAP is Buy with a score of 3.00.