<- Go home

Added to YB: 2024-07-17

Pitch date: 2024-06-30

AAP [bullish]

Advance Auto Parts, Inc.

-6.97%

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

$3.4B

Pitch Price

$60.18

Price Target

120.00 (+114%)

Dividend

1.76%

EV/EBITDA

5.30

P/E

50.21

EV/Sales

0.69

Sector

Specialty Retail

Category

turnaround

Show full summary:
Cove Street Capital New Position: Advance Auto Parts, Inc.

AAP: 3rd in auto parts retail. New mgmt, board & simple strategy could double stock. AZO & ORLY proved profitability; AAP struggled. Turnaround potential with limited downside risk. Key: execution of new plan.

Read full article (1 min)