Added to YB: 2024-07-29
Pitch date: 2024-07-26
AAP [bullish]
Advance Auto Parts, Inc.
-25.61%
current return
Author Info
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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
$59.24
Price Target
360.00 (+676%)
Dividend
2.16%
EV/EBITDA
5.83
P/E
-4.85
EV/Sales
0.61
Sector
Specialty Retail
Category
turnaround
Show full summary:
Havana Syndrome and Advance Auto Parts: $AAP
AAP: Auto parts retailer undervalued at 7.5x FCF vs peers 25-30x. New CEO from Home Depot Logistics executing 5-point turnaround: asset sales, cost cuts, new hires, productivity boost, supply chain overhaul. Aging US fleet tailwind. $470M FCF could reach $1-1.4B. Potential 6x upside to $360 in 3yrs (81% IRR) if successful.
Read full article (5 min)