Advance Auto Parts Inc (NASDAQ:AAP) To Report Earnings

ADVANCE AUTO PARTS, INC. (NYSE:AAP) Files An 8-K Results of Operations and Financial Condition

(AAP) closed its previous trading session at $82.28 with the gain of 1.31%. The Price to Sales (P/S) ratio of the stock is 0.64, while P/B (Price to Book) stands at 1.94.

An earnings forecast is an analyst's outlook for a company's future quarterly or annual earnings. (NYSE:AAP) is 1282. The lower the ERP5 rank, the more undervalued a company is thought to be.

In terms of earnings per share, 23 analysts have a 0.74 EPS mean target for the quarter ending Dec-17, for the quarter ending Mar-18, 15 analysts have a 1.92 EPS mean target and for the quarter ending Mar-18 there are 27 estimates of 5.13 EPS. The stock stands almost $97.11 off versus the 52-week high of $177.83 and $1.91 above the 52-week low of $78.81. The firm had revenue of $2.26 billion during the quarter, compared to the consensus estimate of $2.26 billion. It has been assigned a low target price of $48 and a high target price of $100.

The auto parts retailer posted revenue of $2.18 billion in the period, missing Street forecasts. Similarly, the company's Director Buss Brad W on 2017-05-31 Buy 1200 shares of the company at a price of $134.47. Price Target plays a critical role when it comes to the analysis of a Stock.

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Exciting times ahead? Investors in Advance Auto Parts have been patiently waiting for the uptick in earnings and if you believe the analysts covering the stock then the following year will be very interesting. Simple moving average analysis helps investors to quickly identify if a security is in an uptrend or downtrend. A rating of 4 or 5 would indicate a Sell. Float is the proportion of issued also outstanding shares that can be liberally traded, nothing like locked-up insider holdings or restricted employee shares. Balyasny Asset Management Limited Com, Illinois-based fund reported 20,964 shares. (AAP) now has a Return on Assets (ROA) value of 4.4 Percent.

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ROE ratio is a measure of profitability which calculates how much dollars of profit a firm makes with every dollar of stakeholder's equity. Finally, Highbridge Capital Management LLC acquired a new stake in shares of Advance Auto Parts during the first quarter worth $374,000. When trading activity is abnormally high, it's often a sign that the market feels particularly strong in one way or another about the future direction of a stock. This number lands on a scale from 1 to 5. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and eleven have given a buy rating to the company. Investors who are keeping close eye on the stock of PPL Corporation (NYSE:PPL) established that the company was able to keep return on investment at 4.25 in the trailing twelve month while Reuters data showed that industry's average stands at 4.48 and sector's optimum level is 7.29. The stock is performing -51.35% year to date. As of quarter end California State Teachers Retirement System had sold 10,829 shares trimming its stake by 8.0%.

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