After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Yahoo Finance discussed the stock recently as it posted Advance Auto Parts Reports Fourth Quarter and Full Year 2023 Results.
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Stocks Info
The company is listed on the NYSE and operates within the Specialty Retail industry segment. At the end of the last regular session, the stock closed at $72.66 and fluctuated between $72.72 as its day high and $69.51 as its day low. The current market capitalization of Advance Auto Parts Inc is $4.32B. A total of 2.27 million shares were traded on the day, compared to an average of 1.76M shares.
Insider Activity
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, AAP has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 56 BUYs and 10 SELLs from insiders. Insiders purchased 217,334 shares during that period but sold 2,286.
In the most recent transaction, Soler Kristen L bought 500 shares of AAP for 55.60 per share on Dec 08. After the transaction, the EVP, Chief HR Officer now owns 12,697 company shares. In a previous transaction on Dec 05, Soler Kristen L bought 1,000 shares at 52.87 per share. AAP shares that EVP, Chief HR Officer owns now total 12,197.
Among the insiders who bought shares, LEE EUGENE I JR acquired of 8,670 shares on Sep 13 at a per-share price of $57.65. This resulted in the Director holding 19,430 shares of AAP after the transaction. In another insider transaction, Pertz Douglas A bought 4,575 shares at $66.02 per share on Jun 12. Company shares held by the Director now total 12,831.
Dividend
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Advance Auto Parts Inc pays an annual dividend of $2.25, resulting in a dividend yield of 3.10%, and it has a price to earnings (P/E) ratio of 98.14. AAP’s most recent ex-dividend date was 4/11/2024 when it declared a $0.25 quarterly dividend that was paid in cash on 4/26/2024. Previously, the company paid the dividend on 1/26/2024 with an ex-dividend date of 1/11/2024. The AAP stock dividend was $0.25 per share in cash.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, AAP has a high of $139.23 and a low of $47.73.
As of this writing, AAP has an earnings estimate of $0.76 per share for the current quarter. EPS was calculated based on a consensus of 22 estimates, with a high estimate of $1.71 per share and a lower estimate of $0.18. The company reported an EPS of -$0.82 in the last quarter, which was -156.60% lower than expectations of $1.45.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on 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 $44.50, while its Total Shareholder’s Equity was $3.13B.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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 2.96.
