Understanding Basic Stock Data: Advance Auto Parts, Inc. (AAP)

In the past 52-week period, shares of Advance Auto Parts, Inc. (NYSE:AAP) have moved within the range of $78.81 to $177.50. On the stock’s most recent trading day, the company’s shares ended the regular session at $111.00, which is 37.46% lower than its 52-week high.

Advance Auto Parts, Inc. (AAP) has demonstrated a 20-day simple moving average (SMA) of 9.91%, and a 50-day SMA of 19.47%. This public company’s current market capitalization stands at $8.20 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

When considering entering a position, it is crucial to understand the average enthusiasm level expressed by Wall Street analysts for that particular stock. According to the latest data, the consensus recommendation for Advance Auto Parts, Inc. (AAP) is Outperform.

Publicly-traded organizations typically post revenue and earnings results that fall either above or below the average Wall Street estimate. In the most recent quarterly financial report, for the quarter ending Sep. 2017, Advance Auto Parts, Inc. (AAP) delivered a 1.35% surprise with its net revenue. Sales reached $2.18 billion during the three-month period, compared to the average analyst estimate of $2.21 billion.

Meanwhile, during the same quarter Advance Auto Parts, Inc. (AAP) delivered a 18.50% earnings surprise. Net earnings for the quarter were posted at $1.43 per share, whereas Wall Street had forecast $1.21 per share.

Ownership at Advance Auto Parts, Inc. (AAP), According to Most Recent SEC Filings

We can find critical insight by examining institutional ownership, which are reported in public companies’ most recent 13F filings. Advance Auto Parts, Inc. (AAP) has 0 billion shares outstanding currently, 106.63% of which belong to institutional investors. Those institutional holdings amount to $8.44 billion.

Additionally, according to the most recent 13F filing from Advance Auto Parts, Inc. (AAP), there were 69 new positions totaling 5,820,199 shares of the company’s stock. There were 84 sold out positions, on the other hand, totaling 7,870,751 shares.

Short, Medium and Long Term Indicators

A stock’s average trade volume, as recorder over the short, medium and long terms, is helpful to analyze in order to gain a better understanding of trading activity and investor sentiment. Advance Auto Parts, Inc. (AAP) has had a 20-day average volume of 1,334,420 shares, with an average of 100% of short term indicators pointed at Buy.

The stock’s 50-day average volume has been 1,884,368 shares, with an average of 100% of medium term indicators pointing toward Buy. Finally, its 100-day average volume is 2,115,933 shares with 33% of long-term indicators pointing to Buy.