Professional
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
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.
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