Why Advance Auto Parts, Inc. Stock is Soaring Today

Advanced Auto Parts

Shares are clocking price at $97.84 with change of 18.91%. The institutional investor held 939,435 shares of the semiconductors company at the end of 2017Q2, valued at $32.84M, down from 953,284 at the end of the previous reported quarter. The number of shares now owned by investors are 56.87 mln. About 2.78M shares traded or 41.84% up from the average. Taiwan Semiconductor Mfg. Co. Westinghouse Air Brake Technologies Corp (NYSE:WAB) has risen 7.39% since November 14, 2016 and is uptrending. It has outperformed by 152.93% the S&P500.

In latest trading activity; Advance Auto Parts, Inc. Same store sales fell to 3.4% and the company remained confident in a 1-3% decline in same store sales for 2017. ATR remains at 1.37 while Beta component of the stock stands at 0. About 172,455 shares traded. More interesting news about Advance Auto Parts, Inc. (NYSE:AAP) has risen 5.52% since November 14, 2016 and is uptrending. It has underperformed by 11.18% the S&P500. The Price to Cash Flow for Advance Auto Parts, Inc. Analyst's mean target price for Advance Auto Parts, Inc. is $104.61. $250,481 worth of stock was bought by LEE EUGENE I JR on Friday, May 26. 350,000 shares were bought by Smith Jeffrey C, worth $47.00M. The price to earnings ratio for Advance Auto Parts, Inc. Active Investors often maintain a close study on trading capacity of AAP stock.

As of August 26, 2017 AutoZone sells auto and light truck parts, chemicals and accessories through 5,465 AutoZone stores in 50 states plus the District of Columbia and Puerto Rico in the US, and 524 stores in Mexico, 26 IMC branches and 14 stores in Brazil for a total count of 6,029.

Advance Auto Parts (NYSE:AAP) last announced its earnings results on Tuesday, November 14th. The stock of Advance Auto Parts, Inc. (NYSE:AAP) shares. 367 Advance Auto Parts, Inc.

Investors sentiment increased to 1.07 in 2017 Q2. The company has a quick ratio of 0.29, a current ratio of 1.48 and a debt-to-equity ratio of 0.33. It increased, as 69 investors sold AAP shares while 122 reduced holdings. 42 funds opened positions while 162 raised stakes. (NYSE:AAP). Commonwealth State Bank Of Aus owns 532 shares. The Earnings Yield for Advance Auto Parts, Inc. As Altice USA, Inc. has a P/S, P/E and P/B estimations of 1.67, 0 and 4.5 separately. Finally, State of Tennessee Treasury Department lifted its stake in Advance Auto Parts by 0.3% in the 2nd quarter. The EBITDA Yield for Advance Auto Parts, Inc. NYSE:AAP is 6.21%. This is calculated by taking the earnings per share and dividing it by the last closing share price. Nordea Invest Mgmt holds 3,619 shares or 0% of its portfolio. Hartford Invest Mgmt accumulated 80,074 shares. (NYSE:AAP). Parametric Port Assoc Lc holds 170,107 shares. Envestnet Asset Management owns 0.01% invested in Advance Auto Parts, Inc. (NYSE:AAP) or 147,065 shares. Balyasny Asset Management Limited Com, Illinois-based fund reported 20,964 shares.

United Kingdom minister offers parliament new vote on any Brexit deal
Shadow Brexit Secretary Kier Starmer said that "This is a significant climb down from a weak Government on the verge of defeat". However said that if the Commons votes against the bill the United Kingdom will leave without a deal.

Among 26 analysts covering Advance Auto Parts Inc. Therefore 50% are positive. Advance Auto Parts, Inc. The firm has "Hold" rating by Raymond James given on Wednesday, October 4. Short shares grew from 7,385,454 to 7,402,531 over that period. There are brokerage firms with lower targets than the average, including one setting a price target of $75. As per Friday, February 12, the company rating was maintained by Wedbush. The firm has "Buy" rating given on Monday, September 7 by Zacks.

Analysts look for public financial statements, listen in on conference calls and talk to managers and customers of a company in order to reach an opinion and communicate the value of a stock. The consensus rating is 2.6, suggesting the market has given up on the stock. The stock of Taiwan Semiconductor Mfg. Co. (NASDAQ:WFM) on Thursday, May 11 to "Outperform" rating. On Tuesday, August 25 the stock rating was upgraded by Vetr to "Buy". HSBC downgraded Taiwan Semiconductor Mfg. Co. On Wednesday, August 26 the stock rating was upgraded by Global Hunter Securities to "Neutral". Goldman Sachs Group, Inc. (NASDAQ:WFM) on Tuesday, August 29 with "Buy" rating.

Analysts await Taiwan Semiconductor Mfg. Co.

They reported earnings per share of $1.43 on $2.18 billion in revenues while analyst were looking for $1.21 earnings per share on $2.21 billion in revenues.

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related news:

Hot News

isis-killer-beheading-video-story-top 4th person shot dead in Tampa neighborhood
Nov 15, 2017 - 00:19
His death may offer more clues in the murders, since a witness was able to provide police with a description of a suspect. Cops now say the slayings in Seminole Heights, Tampa, Florida, may all be linked as part of an escalating grudge war.

isis-killer-beheading-video-story-top Russian State Duma to Draft Bill Including Media in Foreign Agents Law
Nov 14, 2017 - 00:24
Foreign government-owned news organizations, including China Daily, the English-language newspaper owned by China's government, register under FARA.

isis-killer-beheading-video-story-top Bill Gates Wants To Find A Cure For Alzheimer's
Nov 14, 2017 - 00:23
Drugs such as Aricept, known also as donezepil, can reduce symptoms for a time but they do not slow the worsening of the disease. Microsoft co-founder Bill Gates has set his sights on solving a new problem: Alzheimer's disease.

isis-killer-beheading-video-story-top Sex rarely makes heart stop, study shows
Nov 14, 2017 - 00:21
The experts claimed that despite the myth that sex might cause a heart attack , especially in older men, this is not the case. These new data may help inform discussions between healthcare providers and patients on the safety of sexual activity .

isis-killer-beheading-video-story-top Mass stabbing at Mall of America in Minnesota
Nov 14, 2017 - 00:21
They don't believe the suspect knew the victims and Potts said he didn't know yet where the victims were from. When the owner of the property confronted him, the suspect pulled out a knife and stabbed the victim.

isis-killer-beheading-video-story-top Tim Piazza death investigation
Nov 14, 2017 - 00:20
In addition, more charges were levied against five fraternity brothers who already were charged in the initial round. Becker's attorney, Karen Muir , did not return repeated calls from PennLive Monday.

isis-killer-beheading-video-story-top College party turns to terror after floor collapses
Nov 14, 2017 - 00:20
In the meantime, she said, the complex will reimburse affected residents who want to stay at the nearby Best Western. Denton police say all occupants of the apartment were successfully evacuated, and only minor injuries were reported.

isis-killer-beheading-video-story-top Detroit Lions almost fall in a trap, beat winless Browns
Nov 13, 2017 - 00:25
The Browns have not won a game all season and if the Lions were to lose, it would be devastating to their playoff chances. They marched 85 yards in 8 plays capped by a 6-yard touchdown run by Isaiah Crowell to tie the game at 17.

isis-killer-beheading-video-story-top Carrie Underwood Recovering After 'Hard Fall'
Nov 13, 2017 - 00:23
Unfortunately, not all country fans were so nice to the injured singer. The inital reaction for Underwood's supporters was one of kindness.

isis-killer-beheading-video-story-top Lorenzo sets pace in 2nd FP for Valencia MotoGP
Nov 13, 2017 - 00:22
Instead, the Italian crashed out as pressure built near the end. "In the race I tried to be calm and control the situation". The Honda rider secured his 73rd career pole (45 in MotoGP), while it was his eighth pole of the season in Valencia.

isis-killer-beheading-video-story-top Tennessee Fires Butch Jones; Hoke Is Interim Coach
Nov 13, 2017 - 00:21
Defensive line coach Brady Hoke , the former head coach at MI , will serve as UT's interim coach for the remainder of the season. LSU and Tennessee are set to square off on Saturday in Knoxville in what will be the Vols' first game under an interim coach.

isis-killer-beheading-video-story-top Taylor Swift Performs Live "Call It What You Want" At SNL Show
Nov 13, 2017 - 00:20
Lots of people are excited about Taylor Swift's new album , perhaps none more so than this adorably dorky TV reporter. Call it what you want , but we'd call Taylor Swift's return to the Saturday Night Live stage a success.

isis-killer-beheading-video-story-top Three US supercarriers to conduct joint drills in waters off Korean peninsula
Nov 12, 2017 - 00:34
It also flew two new midrange missiles over Japan and threatened to launch them toward Guam, a U.S. President Donald Trump is on an Asian tour and presenting a united front with regional leaders.

isis-killer-beheading-video-story-top Rupert Murdoch twice discussed CNN with AT&T CEO
Nov 12, 2017 - 00:27
Trump was apparently referring to Makan Delrahim , the chief of the Justice Department's antitrust division. AT&T shares rose 1.6 percent to $33.97.

isis-killer-beheading-video-story-top Benatia sends Morocco to World Cup
Nov 12, 2017 - 00:24
Morocco and Tunisia have joined Nigeria, Egypt, and Senegal as the African teams who will be playing in the World Cup this summer. Morocco have now qualified for their fifth World Cup (1970, 1986, 1994, 1998) and their first since France 1998.