Added to YB: 2024-01-29
Pitch date: 2024-01-29
AAP [bullish]
Advance Auto Parts, Inc.
-12.78%
current return
Author Info
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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
$64.18
Price Target
110.00 (+96%)
Dividend
1.76%
EV/EBITDA
5.30
P/E
50.21
EV/Sales
0.69
Sector
Specialty Retail
Category
turnaround
Quick Value #202 - Advance Auto Parts ($AAP)
$AAP: New CEO executing turnaround - divesting assets, cutting costs. Margins at historical lows (2% vs 6-8%), mean reversion = huge upside. Trades at steep discount to history. Recovery to 6% margins & 15x P/E = $110 (70%+). Key risks: macro & turnaround execution.
Read full article (4 min)