Professional
Added to YB: 2024-07-16
Pitch date: 2024-07-13
AAP [bullish]
Advance Auto Parts, Inc.
-25.23%
current return
Author Info
Company Info
Advance Auto Parts, Inc. engages in the provision of automotive aftermarket parts in the United States and internationally.
Market Cap
$2.8B
Pitch Price
$60.80
Price Target
N/A
Dividend
2.16%
EV/EBITDA
5.83
P/E
-4.85
EV/Sales
0.61
Sector
Specialty Retail
Category
turnaround
Advance Auto Parts: Will this Turnaround Finally Turn?
AAP: Underperforming vs peers (O'Reilly, AutoZone) despite similar industry. New CEO/CFO, activists involved. Turnaround plan: divest Worldpac (~$2B), improve working capital (potential $500M release), consolidate supply chain, boost margins. If successful, 25%+ annual returns possible. Risks: historical execution issues. Upside from closing gap to peers.
Read full article (10 min)