Advance Auto Parts (AAP) Set to Announce Quarterly Earnings on Thursday
Advance Auto Parts (NYSE:AAP) is scheduled to issue its Q114 quarterly earnings data on Thursday, May 15th. Analysts expect the company to announce earnings of $2.16 per share and revenue of $2.96 billion for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.
Advance Auto Parts (NYSE:AAP) opened at 123.41 on Wednesday. Advance Auto Parts has a 52 week low of $78.91 and a 52 week high of $129.99. The stock has a 50-day moving average of $121.8 and a 200-day moving average of $115.. The company has a market cap of $8.963 billion and a price-to-earnings ratio of 23.54.
A number of research firms have recently commented on AAP. Analysts at RBC Capital raised their price target on shares of Advance Auto Parts from $146.00 to $148.00 in a research note on Friday, May 9th. They now have a “top pick” rating on the stock. On a related note, analysts at Wedbush initiated coverage on shares of Advance Auto Parts in a research note on Thursday, April 10th. They set a $150.00 price target on the stock. Finally, analysts at Robert W. Baird downgraded shares of Advance Auto Parts from an “outperform” rating to a “neutral” rating in a research note on Friday, April 4th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $124.46.
Advance Auto Parts, Inc (NYSE:AAP) is a specialty retailer of automotive aftermarket parts, accessories, batteries and maintenance items primarily operating within the United States.
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