Why Advance Auto Parts, Inc. Stock is Soaring Today

Advanced Auto Parts

Advanced Auto Parts

Looking at volatility levels, the stock observed volatility of 2.53% in last week and saw volatility 2.76% over the past one month.

1St Global Advisors Inc increased its stake in Arista Networks Inc (ANET) by 47.2% based on its latest 2017Q2 regulatory filing with the SEC. The rating was maintained by Wells Fargo with "Buy" on Friday, July 21.

Analysts mean recommendation for the stock is 2.6. The firm has "Buy" rating by Deutsche Bank given on Wednesday, August 17. See KMG Chemicals, Inc.

Advance Auto Parts (NYSE:AAP) jumps in early trading after topping profit estimates with its Q3 report.

Advance Auto Parts has a dividend payout ratio of 4.7% meaning its dividend is sufficiently covered by earnings. The stock rose 18.65% or $15.35 reaching $97.66 per share. About 3.89 million shares traded or 106.91% up from the average.

Why Advance Auto Parts, Inc. (NYSE:AAP) stock flux has recently been causing stir among the investment community. It has underperformed by 11.18% the S&P500.The move comes after 8 months positive chart setup for the $7.39B company. During the same quarter in the previous year, the business earned $1.73 earnings per share. equities analysts anticipate that Advance Auto Parts will post 5.15 earnings per share for the current year.

In the most updated research from a number of analysts on Wall Street, the company gets 13 Buys and 3 Sell among 26 analysts. Credit Suisse Group set a $100.00 price objective on shares of Advance Auto Parts and gave the company a "buy" rating in a research note on Wednesday, August 16th. As per Tuesday, September 15, the company rating was initiated by Jefferies.

More important recent Advance Auto Parts, Inc. Also, the Hold rating count is 11 as of 11/13/17. The rating was downgraded by Morgan Stanley on Monday, December 5 to "Equal-Weight". The rating was maintained by RBC Capital Markets with "Outperform" on Friday, August 14. The other 3 are split, though not evenly, between analysts who think you should buy its stock versus those who think you should sell it. Moreover, Advantus Cap Mngmt has 0.02% invested in Advance Auto Parts, Inc. (NYSE:AAP) has an M-Score of -2.527823. UBS maintained the shares of AAP in report on Friday, February 5 with "Buy" rating.

Investors sentiment increased to 1.07 in Q2 2017. Its up 0.04, from 1.03 in 2017Q1. 42 funds opened positions while 162 raised stakes. (NYSE:AAP). Gateway Advisers Ltd Llc invested in 0.01% or 5,869 shares. Farmers & Merchants Investments reported 14 shares. (NYSE:AAP) is 13.75%. Huntington National Bank grew its position in Advance Auto Parts by 37.1% in the 2nd quarter. (NYSE:AAP)'s institutional ownership stands at unstated value. The Price to Cash Flow for Advance Auto Parts, Inc. The original version of this piece can be viewed at https://weekherald.com/2017/11/14/jennison-associates-llc-has-59-01-million-position-in-advance-auto-parts-inc-aap.html. Short shares increased from 7,385,454 to 7,402,531 over that timeframe. Clearline Capital LP has invested 2.47% of its portfolio in Advance Auto Parts, Inc. (NYSE:AAP) for 16,804 shares. Brant Point Ltd invested in 21,100 shares. The Piotroski F-Score of Advance Auto Parts, Inc. (NYSE:AAP). Commonwealth Equity Service reported 10,157 shares.

Since May 26, 2017, it had 6 insider purchases, and 0 insider sales for $49.68 million activity. The ERP5 of Advance Auto Parts, Inc. QS Investors LLC lifted its stake in Advance Auto Parts by 0.9% in the 2nd quarter. (NYSE:AAP) is 1282. The lower the ERP5 rank, the more undervalued a company is thought to be. Slone Reuben E bought $67,435 worth of Advance Auto Parts, Inc. Buss Brad W bought $161,364 worth of stock. About 172,455 shares traded. KMG Chemicals, Inc. (NYSE:KMG) has risen 169.63% since November 13, 2016 and is uptrending. It has outperformed by 94.55% the S&P500.

KMG Chemicals, Inc. manufactures, formulates and globally distributes specialty chemicals. The company has market cap of $7.39 billion.