Advance Auto Parts Inc. NYSE: AAP gives investors a large, beautiful Return more than 50% After the company announced a double blow to earnings. The retailer of the car units also said that it was retained his forecast for the whole year Despite the uncertain prospects of the tariff. As of noon on May 22, AAP shares increased by 53.5%. If the profit remains above 16.6% in the end, this will be a record day for shares.
Advance Auto Parts today
Preliminary cars
From 13:59 on East
- 52-week range
- $ 28.89
▼
$ 71.62
- Dividend yield
- 2.05%
- P/e ratio.
- 66.71
- Value is valuable
- $ 45.71
It was expected that the company would report a negative profit per share (EPS) in the quarter, and this is so. However, the loss of 22 centers was much better than the negative 77 cents predicted by analysts.
On the upper line, revenue in the amount of $ 2.58 billion decreased compared to the same period last year (YOY). However, this is Analysts forecasts of 2.51 billion US dollarsField
The news was not good. Comparable store sales, a key indicator for retail shares, decreased by about 0.6%. However, it was better than –2%that some analysts expected.
No matter how impressive the rise in prices for shares was, it can be more about short interest. There is also evidence that the company The turning plan worksBut the action can quickly reach the level of bite.
Tariff problems seem managed
As his competitors, Autozone Inc. NYSE: Available and o’reilly automotive inc. Nasdak: OrlyAdvance Auto Parts has a global supply chain that includes products from Mexico, Canada and China. However, the company noted that The uncertainty of tariffs will probably affect consumer solutions to buy new cars.
It will be Bully for auto -app Since consumers will unlimitedly pay higher prices if they can keep their current vehicle on the road longer.
Before the profit report Waiting for tariffsThey include the closure of some ineffective stores that Positively acts Balance of the company.
That’s why he confirmed his view for the whole year adjusted EPS from 1.50 to $ 2.50 dollars and net sales from continuing operations of 8.4 billion dollars. USA to 8.6 billion dollars. USA.
The leadership suggests that The current level of tariffs will remain in place For the rest of the 2025 years.
Brief interest in the game
Last month, short interest on AAP Promotions fell by more than 3%However, heading for income, however, it was still about 17% (i.e. about 10 million shares). In addition, the coating of these short posts will take investors in four days. Some short coating is probably the cause of the parabolic movement in AAP shares.
Short sellers led to a decrease in the price of the company’s shares. But, going to profit, analysts retained their target prices much higher than the current price of the action, even if they reduced the target indicators of their price.
It can be time to cut your position
Advance Auto Parts Today shares forecast
$ 45.71
-6.15% of the deficiencyHold
Based on 18 analysts ratings
| The current price | $ 48.70 |
|---|---|
| High forecast | $ 55.00 |
| Average forecast | $ 45.71 |
| Low forecast | $ 34.00 |
Preliminary details of Advance Auto Pact
Investors who bought AAP shares should deserve a well -deserved bow today. They made a good profit after this historical race. However Relative power indicator Since the action has transferred to Overwhelmed territory. This suggests that although this step pushed the reserves Simple average values 50 and 200 days (SMAS), the impulse could reach the peak.
Spike Post-Earnings also makes the foundations look less attractive. Being in profit, AAP shares are already being traded about 48 -fold income. Now it is more than 66 -fold income, which can be too rich for many traders.
Analysts will weigh in the next few days, but since the shares will pass by 12 months of assessments in one day, apparently, there is a sufficient risk of decrease. The pruning of the position makes sense, since a short percentage breaks from the price of shares.
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