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Added to YB: 2025-03-19

Pitch date: 2025-01-29

AAP [bullish]

Advance Auto Parts, Inc.

-7.38%

current return

Author Info

No bio for this author

Company Info

Advance Auto Parts, Inc. provides automotive aftermarket parts. The company offers batteries and battery accessories; belts and hoses; brakes and brake pads; chassis parts; climate control parts; clutches and drive shafts; engines and engine parts; exhaust systems and parts; hub assemblies; ignition components and wires; radiators and cooling parts; starters and alternators; and steering and alignment parts.

Market Cap

$2.5B

Pitch Price

$47.42

Price Target

100.00 (+128%)

Dividend

2.40%

EV/EBITDA

4.04

P/E

23.26

EV/Sales

0.58

Sector

Specialty Retail

Category

turnaround

Show full summary:
Advance Auto Parts, Inc. - $AAP

AAP: New CEO implementing turnaround: closing 727 stores, exiting West Coast, optimizing supply chain. FY27 targets: $9B rev, 7% op margin. Industry tailwinds: aging vehicles, rising miles driven. Valuation attractive at 4x FY27 EBITDA vs peers 15-20x. $100 PT, >100% upside. Downside limited by $2-2.5B RE, working capital opportunity.

Read full article (8 min)