With 4.3 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.17 million shares. The 52-week range on AAP shows that it touched its highest point at $88.56 and its lowest point at $33.08 during that stretch. It currently has a 1-year price target of $40.85. With its current market cap of 2.19 billion, AAP has annualized dividend of $1.00 while the current yield stands at 2.73%. Beta for the stock currently stands at 1.17.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AAP was up-trending over the past week, with a rise of 3.30%, but this was down by -25.16% over a month. Three-month performance dropped to -16.88% while six-month performance fell -9.59%. The stock lost -49.12% in the past year, while it has lost -22.65% so far this year. A look at the trailing 12-month EPS for AAP yields -5.62 with Next year EPS estimates of 2.80. For the next quarter, that number is -0.72. This implies an EPS growth rate of 574.97% for this year and 103.46% for next year.
Float and Shares Shorts:
At present, 59.77 million AAP shares are outstanding with a float of 58.87 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AAP since 13 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 10 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.23322 being high and -$0.4514 being low. For AAP, this leads to a yearly average estimate of -$0.34607.
