Advance Auto Parts Share growth, market capital, best share price, investment, stock market, returns, financial markets, Advance Auto Parts Best Stocks to buy , Advance Auto Parts best company to Invest in America.
Advance Auto Parts, Inc. (AAP) stands out as a leading provider of automotive aftermarket parts, catering to both professional installers and DIY enthusiasts. With its headquarters in Raleigh, North Carolina, the company operates through distinct segments. The first, Advance Auto Parts/Carquest U.S., boasts a vast network of more than 4,700 stores across the United States. In Canada, the Carquest Canada segment oversees a network of over 1,300 independently owned Carquest-branded stores. Worldpac, another key segment, serves as a distributor of aftermarket automotive parts specifically for professional installers. Lastly, the Independents segment focuses on meeting the needs of independent automotive retailers in both the United States and Canada. Established in 1929, Advance Auto Parts has grown to employ over 70,000 individuals, solidifying its prominent position in the automotive parts industry.
Analysts are generally positive on AAP’s future prospects. The company is expected to continue to benefit from the growth of the automotive aftermarket industry. AAP is also well-positioned to benefit from the increasing popularity of online shopping.
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Key Financial Ratios
Advance Auto Parts, Inc. Share Price expected growth in upcoming years:
Analysts are generally positive on Advance Auto Parts (AAP)’s future prospects, and the company is expected to continue to benefit from the growth of the automotive aftermarket industry. The company’s share price is expected to grow at an average annual rate of 5-7% over the next five years.
The automotive aftermarket industry is expected to grow at a CAGR of 3.5% from 2024 to 2028. This growth is being driven by a number of factors, including the increasing age of the vehicle fleet, the rising popularity of DIY car repair, and the increasing adoption of advanced automotive technologies.
Advance Auto Parts, Inc. (AAP) Stock Price Prediction 2024
| Year 2024 | AAP Share Price Prediction 2024 $90 |
Advance Auto Parts, Inc. (AAP) Stock Price Prediction 2025
| Year 2025 | AAP Share Price Prediction 2025 $120 |
Advance Auto Parts, Inc. (AAP) Stock Price Prediction 2030
| Year 2030 | AAP Share Price Prediction 2030 $500 |
Advance Auto Parts, Inc. (AAP) Stock Price Prediction 2040
| Year 2040 | AAP Share Price Prediction 2040 $1500 |
Advance Auto Parts, Inc. (AAP) Stock Price Prediction 2050
| Year 2050 | AAP Share Price Prediction 2050 $3300 |
Advance Auto Parts, Inc. (AAP) Current Share Price, Trends, Open And Prev. Close – Read Here
Top Investors in Advance Auto Parts (AAP):
Here is a table of the top 10 institutional holders of Advance Auto Parts (AAP):
| Rank | Institution | Country | Stock % |
|---|---|---|---|
| 1 | BlackRock Inc. | United States | 7.52% |
| 2 | The Vanguard Group, Inc. | United States | 6.94% |
| 3 | Fidelity Management & Research Company LLC | United States | 5.38% |
| 4 | T. Rowe Price Associates, Inc. | United States | 4.88% |
| 5 | Capital Research Global Investors | United States | 3.76% |
| 6 | Geode Capital Management LLC | United States | 2.60% |
| 7 | Dimensional Fund Advisors LP | United States | 2.37% |
| 8 | Davis Select Advisors, LLC | United States | 2.27% |
| 9 | Artisan Partners Limited Partnership | United States | 2.26% |
| 10 | Pzena Investment Management, Inc. | United States | 2.16% |
