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Added to YB: 2024-07-17

Pitch date: 2024-06-30

AAP [bullish]

Advance Auto Parts, Inc.

-23.4%

current return

Author Info

No bio for this author

Company Info

Advance Auto Parts, Inc. engages in the provision of automotive aftermarket parts in the United States and internationally.

Market Cap

$3.3B

Pitch Price

$60.53

Price Target

120.00 (+159%)

Dividend

1.83%

EV/EBITDA

5.96

P/E

-5.47

EV/Sales

0.65

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)