Advance Auto Stock Target Price and Analyst Consensus
| AAP Stock | USD 64.58 0.02 0.03% |
The current analyst and expert consensus on Advance Auto is Hold with 23 hold recommendations. The current projected Advance Auto target price consensus is 68.61 with 27 analyst opinions. One of the most common ways Advance Auto Parts analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Advance Auto vendors, executives, and/or customers. Advance Auto recommendation module provides expert sentiment on the projected Advance Auto Parts target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Advance Auto to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast 62.44 | Highest Forecast 76.16 | Target Price 68.61 |
Advance |
It's important to approach Advance Auto's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Advance Auto Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Advance target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Advance Auto's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 27 | Hold |
Most Advance analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Advance stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Advance Auto Parts, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationAdvance Auto Target Price Projection
Advance Auto's current and average target prices are 64.58 and 68.61, respectively. The current price of Advance Auto is the price at which Advance Auto Parts is currently trading. On the other hand, Advance Auto's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Advance Auto Market Quote on 7th of June 2024
Target Price
Analyst Consensus On Advance Auto Target Price
Advance Auto Analyst Ratings
Advance Auto's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Advance Auto stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Advance Auto's financials, market performance, and future outlook by experienced professionals. Advance Auto's historical ratings below, therefore, can serve as a valuable tool for investors.Analyst Consensus Breakdown
Average Consensus Estimates
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize Advance Auto price targets
Advance Auto's stock target price is an estimate of its future price, usually made by analysts. Using Advance Auto's target price to determine if it is a suitable investment can be done through the following steps:- Look at Advance Auto's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Advance Auto's stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional Advance Auto Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Advance Auto is a key component of Advance Auto valuation and have some predictive power on the future returns of a Advance Auto.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Advance Auto's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Macroaxis Index Invested over 200 shares | |
Additional Tools for Advance Stock Analysis
When running Advance Auto's price analysis, check to measure Advance Auto's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Advance Auto is operating at the current time. Most of Advance Auto's value examination focuses on studying past and present price action to predict the probability of Advance Auto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advance Auto's price. Additionally, you may evaluate how the addition of Advance Auto to your portfolios can decrease your overall portfolio volatility.