Stock To Watch: Advance Auto Parts Inc (NYSE:AAP)


The leading market experts have placed a mean price target of $160.35 on Advance Auto Parts Inc (NYSE:AAP) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.93 a share for the upcoming quarter and $7.85 for the current fiscal. Technical View The technical analysis of Advance Auto Parts Inc Advance plainly substantiates that the 50-day moving average of Advance Auto Parts Inc Advance is $151.48, and stock is hovering 2.91 or +1.92% distant from $151.48. It is noted that the 200-day MA is $152.23, and Advance Auto Parts Inc Advance stock is $2.16 or +1.42% off from this point. Advance Auto Parts Inc (NYSE:AAP) 52-week high is $201.24 and the 52-week low is $131.59. This explains if the stock moves $-46.85, it will post a 52-week high. In event of $+17.33% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Advance Auto Parts Inc Advance , shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Advance Auto Parts Inc (NYSE:AAP) ratio came in at 23.60. The stock last ended the trading session at $154.39 and registered a market cap of $11.33B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Advance Auto Parts Inc (NYSE:AAP) PEG ratio is at 1.76.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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