Advance Auto Parts, Inc. engages in the provision of automotive aftermarket parts in the United States and internationally. 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 wire; radiators and cooling parts; starters and alternators; and steering and alignment parts. It also provides air conditioning chemicals and accessories; air fresheners; antifreeze and washer fluid; electrical wire and fuses; electronics; floor mats, seat covers and interior accessories; hand and specialty tools; lighting; performance parts; sealants, adhesives and compounds; tire repair accessories; vent shades, mirrors and exterior accessories; washes, waxes and cleaning supplies; and wiper blades. In addition, the company offers air filters; fuel and oil additives; fuel filters; grease and lubricants; motor oil; oil filters; part cleaners and treatments; and transmission fluid. Further, it provides battery and wiper installation; engine light scanning and checking; electrical system testing, including batteries, starters, and alternators; oil and battery recycling; and loaner tool program services. The company serves professional installers and do-it-yourself customers. It operates stores under the Advance Auto Parts and Carquest names. The company has stores in the United States, Puerto Rico, the U.S. Virgin Islands, and Canada; and independently owned Carquest branded stores in Mexico and the Caribbean Islands. Advance Auto Parts, Inc. was founded in 1929 and is based in Raleigh, North Carolina.
Turnaround Challenges | Advance Auto Parts faces an uphill battle in its turnaround efforts, grappling with a history of failed attempts and fierce competition in the automotive aftermarket industry. |
Strategic Overhaul | Delve into AAP's new strategic plan, focusing on lean operations, sales growth, and margin improvements, with ambitious targets set for fiscal year 2027. |
Financial Outlook | Analyst projections for AAP remain cautious, with price targets ranging from $28 to $65, reflecting uncertainty about the company's ability to execute its turnaround strategy. |
Operational Progress | Explore AAP's commitment to transparency through new KPIs, including lines per hour and delivery times, as the company strives to rebuild credibility and improve efficiency. |
Metrics to compare | AAP | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipAAPPeersSector | |
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P/E Ratio | −6.1x | 7.6x | 11.3x | |
PEG Ratio | 0.00 | −0.23 | 0.02 | |
Price/Book | 1.6x | 2.3x | 1.4x | |
Price / LTM Sales | 0.4x | 0.4x | 1.0x | |
Upside (Analyst Target) | −11.1% | 14.3% | 16.2% | |
Fair Value Upside | Unlock | 9.7% | 7.9% | Unlock |