Advance Auto Parts Inc
How AutoZone’s DIY Segment Performed in Fiscal Q4 2018
In the second half of fiscal 2018, AutoZone’s management decided to discontinue aggressive promotional discounts for its ship-to-home sales.
A Look at AutoZone’s Key Ratios ahead of 4Q17 Earnings Report
Analyst estimates suggest the company could report positive year-over-year growth in its 4Q17 earnings and revenues.
Alcoa’s 2016 Guidance Adds Gloom to 3Q Earnings Disappointment
During its 3Q16 earnings call, Alcoa lowered the business targets for all three segments under Arconic.
AutoZone Stock Today: Behind the Key Support and Resistance Levels
On May 23, 2017, AutoZone’s stock price was trading at a bearish $581.40. In July 2016, the stock posted its all-time high of $819.54.
AutoZone on the Street: Analysts’ Recommendations Now
According to the latest data from Thomson Reuters, 52% of analysts covering AutoZone (AZO) gave the stock a “buy” recommendation.
Glenview Capital Management starts new positions in AAP, AMT, DG, NXPI, sells NTAP, ROVI—13F Flash B
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Why investing in LKQ Corporation is a great value opportunity
On January 15, a short-seller announced that LKQ was a good short candidate. Upon this news, the stock has traded off more than 15%.
Overview: Highbridge Capital Management’s 2Q14 positions
Highbridge Capital Management is an alternative investment management organization. It was founded in 1992. The company has developed a diversified investment platform.
Do Arconic’s Short-Term Challenges Outweigh Long-Term Drivers?
The expected synergy from Alcoa’s acquisition of Firth Rixson could be a key driver of Arconic’s (ARNC) medium-term performance.
How Advance Auto Parts Stock Looks before Its Q1 2018 Results
Advance Auto Parts (AAP), one of the top three US auto parts retailers by market cap, plans to release its first-quarter earnings on May 22.
Analysts’ Ratings on O’Reilly Automotive Stock after 4Q17 Earnings
According to the latest data compiled by Thomson Reuters, 68.0% of analysts covering O’Reilly Automotive (ORLY) gave it “buy” recommendations.
Advance Auto Parts’ Sales Fell for the Third Consecutive Quarter
Advance Auto Parts (AAP) released its fiscal Q1 2018 earnings today before the market opened, which covered the 16 weeks up to April 21.
Why AutoZone’s 3Q17 Earnings Triggered a Massive Sell-Off
AutoZone’s fiscal 3Q17 (ended May 6, 2017) adjusted EPS (earnings per share) stood at $11.44, which is ~6% higher than its $10.77 EPS in fiscal 3Q16.
An investor’s must-know guide to LKQ’s 3 operating segments
LKQ is the nation’s largest provider of alternative vehicle collision replacement products and a leading provider of alternative vehicle mechanical replacement products.
Why collision repair market share has remained in LKQ’s favor
LKQ’s relationships with insurance companies and its proprietary location-based database creates a very powerful value proposition within the decision process of automotive repair.
Analysts’ Post-2Q18 Views on AutoZone Stock
Analysts on AutoZone stock According to data compiled by Reuters, of the 27 analysts covering AutoZone (AZO) stock on March 5, 40% recommended “buy,” 56% analysts recommended “hold,” and 4% recommended “sell.” Target price Analysts have given AutoZone stock a target price of $780.71 in the next 12 months, reflecting an upside potential of ~17.8% based on its March […]
Why O’Reilly Automotive Stock Fell despite Solid Q3 2018
O’Reilly Automotive (ORLY) released its Q3 2018 earnings on October 24. Its diluted EPS was 39.8% higher than Q3 2017.
Glenview Capital Management starts new positions in AAP, AMT, DG, NXPI, sells NTAP, ROVI—13F Flash A
Glenview Capital Management is a private investment management firm with more than $7 billion of assets under management. Why buy Advance Auto Parts Inc. (AAP)?
Analysts’ Recommendations for Auto Parts Companies in June
About 26.0% of analysts have recommended a “hold” for O’Reilly, and 4.0% have suggested a “sell.” For AutoZone, 52.0% have recommended a “hold.”
Glenview Capital Management starts new positions in AAP, AMT, DG, NXPI, sells NTAP, ROVI—13F Flash F
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AutoZone Crushes Q1 Earnings Forecast, Stock Soars 6%
AutoZone (AZO) stock was trading around 6% higher today during premarket trading after the company reported better-than-expected Q1 earnings results.
Eminence Capital ups position in Allscripts Healthcare Solutions
Allscripts provides clinical, financial, and population health management solutions to physicians, health systems, hospitals, and post-acute organizations.
Why Eminence opens new position in Cadence Design Systems
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Why AutoZone Surged over 7% after Its Q1 Earnings Report
America’s top auto parts retailer (XLY) by store count, AutoZone (AZO), has released its results for the first quarter of fiscal 2019.
Advance Auto Parts Beats Estimates for the Fifth Quarter in a Row
Advance Auto Parts, the second-largest auto part retailer by 2017 sales, released its third-quarter earnings results earlier today.
What Could Drive AutoZone’s Top Line in 2019?
AutoZone (AZO) is one of the best-known auto parts retailers in the United States. For the second quarter of fiscal 2019, Wall Street analysts expect AutoZone’s sales to rise 1.6% YoY (year-over-year) to $2.45 billion.
What Wall Street Recommends for AutoZone
As of January 23, among the 23 analysts covering AutoZone (AZO) stock, 48% recommend a “buy,” 48% recommend a “hold,” and 4% recommend a “sell.”
Credit Suisse: Less Bullish on SPY, Still Positive
Credit Suisse slashed SPY’s target for the end of 2019 from 3,350 to 2,925 in December. The previous target was the most bullish outlook.
Did AutoZone Resume Its Promotional Strategy in Q1 2019?
AutoZone’s performance is mainly divided into two business segments: DIY (do it yourself), or Retail, and DIFM (do it for me), or Commercial.
How Is AutoZone Stock Trading after Its Fiscal Q4 Earnings Event?
AutoZone (AZO) released its fiscal Q4 results on September 18. Its EPS stood at $18.54, ~21.4% higher than its fiscal Q4 2017 EPS of $15.27.
Advance Auto Parts’ Valuation Multiples in Q3 2018
As of August 14, Advance Auto Parts’ forward EV-to-EBITDA multiple was 10.8x. Currently, Advance Auto Parts’ forward PE multiple is 20.8x.
AAP: What Analysts Expect in the Second Half of 2018
According to analysts’ consensus estimates, the positive trend in Advance Auto Parts’ earnings will likely continue in the second half of 2018.
What Analysts Expect for Advance Auto Parts’ Q2 2018 Results
In the first quarter (ended April 21), Advance Auto Parts’ (AAP) adjusted EPS rose ~31% YoY (year-over-year) to $2.10 from $1.60, beating analysts’ estimate of $1.97.
Why AutoZone Is Underperforming Peers in 1Q18
In its fiscal 2Q18, which ended February 10, 2018, AutoZone’s adjusted earnings went up by 9.3% YoY (year-over-year) to $8.47 per share.
The Key Drivers for AutoZone Stock in March 2018
In fiscal 2Q18, which ended on February 10, 2018, AZO reported adjusted EPS (earnings per share) of $8.47.
Why Advance Auto Parts Is Outperforming Its Peers in 1Q18
As of March 6, 2018, Advance Auto Parts (AAP) has risen 19% so far in 1Q18.
A Look at AutoZone’s Valuation after Its 2Q18 Earnings Release
Forward valuation multiples Valuation multiples are widely used in the auto industry to compare similar companies in terms of size, financials, or business model. AutoZone’s (AZO) forward valuation multiples can be compared with those of peers such as O’Reilly Automotive (ORLY) and Advance Auto Parts (AAP). AutoZone’s valuation trends As of March 5, AutoZone’s forward […]
Analyzing AutoZone’s Segment-Wise Performance in 2Q18
AutoZone’s business segments AutoZone’s (AZO) results are divided into two business segments: the DIY (Do-it-yourself) segment and the Commercial or DIFM (Do-it-for-me) segment. The DIY segment, which targets retail customers, yields wider margins than DIFM. Let’s take a look how these business segments performed in 2Q18 and AutoZone’s other key growth priorities. DIY segment in 2Q18 AutoZone’s […]
Why AutoZone Stock Tumbled after its 2Q18 Earnings Release
AutoZone (AZO), one of the top three US auto part retailers, released its fiscal 2Q18 results on February 27, 2018.
AutoZone’s Valuation ahead of Fiscal 2Q18 Earnings
Valuation multiples are widely used to compare auto parts retail companies. However, only the companies with similar terms of business, size, or financials should be compared using these multiples.
Wall Street Ratings for AutoZone before Fiscal 2Q18 Earnings
According to analysts’ latest consensus data from Reuters, 42% of analysts covering AutoZone (AZO) gave the stock a “buy” recommendation.
AutoZone’s Key Ratios ahead of Its fiscal 2Q18 Earnings
So far in this series, we’ve covered analysts’ estimates for AutoZone’s second-quarter earnings, revenues, and profit margins.
Why Did AutoZone Stock Recover in 2H17?
AutoZone (AZO) stock ended 2017 in negative territory with a fall of 9.9%. While the company’s stock fell 27.8% in 1H17, it witnessed a sharp recovery of ~24.7% in 2H17.
Why Auto Part Retailers Ended 2017 in Negative Territory
AutoZone, Advance Auto Parts, and O’Reilly Auto Parts are the three biggest auto part retail companies in the US market. Let’s find out how they performed in 2017.
Could Weakness Continue in AAP’s Upcoming Earnings?
Analysts expect AAP’s fiscal 4Q17 adjusted earnings to reach $0.64 per share, about 36% lower than $1.00 in fiscal 4Q16.
Advance Auto Parts Stock Accelerated on 3Q17 Earnings Beat
Advance Auto Parts (AAP) released its fiscal 3Q17 earnings on November 14. AAP’s fiscal 3Q17 adjusted earnings per share stood at $1.43, ~17.3% lower than in fiscal 3Q16.
What Analysts Recommend for AutoZone Stock ahead of 4Q17 Results
According to analysts’ latest consensus data by Reuters, 44% of analysts covering AutoZone (AZO) gave its stock “buy” recommendations, while another 52% have recommended a “hold.”
What Analysts Expect from AutoZone’s 4Q17 Earnings
In 2Q17, which ended May 6, 2017, AutoZone reported earnings of $11.44 per share.
Why AutoZone Has Underperformed S&P 500 in 2017 So Far
As of September 12, AutoZone stock was trading at $551.55 with about a 4.4% rise in September so far. However, AutoZone has seen a massive fall of about 30.2% in 2017 so far.
What Could Be Hurting Advance Auto Parts Stock
Advance Auto Parts Advance Auto Parts (AAP) is one of the largest auto part retailers in the US market. As discussed previously in this series, AAP stock has underperformed that of peers O’Reilly Automotive (ORLY) and AutoZone (AZO) in calendar 2017. Advance Auto Parts stock has fallen significantly over the last nine months. As of August […]
Analysts’ Recommendations for Auto Part Companies
Auto part retailers In the previous part of this series, we looked at how auto part retailer companies have underperformed the broader market and automakers in 2017. Dismal US auto sales data in the first seven months of 2017 hint at tough times ahead for the auto industry. Similarly, auto part retailers’ sales have stagnated. Let’s […]
What Are the Key Support and Resistance Levels for AAP Stock?
As of August 15, 2017, Advance Auto Parts stock was trading on a bearish note at $87.08.
What Analysts Recommend for AAP Stock after 2Q17 Report
According to the latest data compiled by Thomson Reuters, 56% of analysts covering Advance Auto Parts (AAP) gave it “buy” recommendations.
Do Analysts Expect AAP’s Earnings to Improve after Weak 2Q17?
Advance Auto Parts’ (AAP) 2Q17 results have fueled investors’ worries about possible near-term weakness in the auto parts retail industry.
What Drove Advance Auto Parts’ 2Q17 Revenues?
In 2015 and 2016, US automakers (FXD) such as Ford (F) and General Motors (GM) benefited from higher US truck sales.
Why Advance Auto Parts is Underperforming
In this series, we’ll look at Wall Street analysts’ estimates for Advance Auto Parts’ 2Q17 earnings, revenue, and profit margins.
What Analysts Recommend for AutoZone
60% of analysts covering AutoZone (AZO) gave the stock “buy” recommendations, while the remaining 40% have recommended a “hold.”
How Do AutoZone’s Key Ratios Look ahead of Its 1Q17 Earnings?
At the end of the most recently reported quarter, AutoZone’s net-debt-to-EBITDA (earnings before interest, taxes, depreciation, and amortization) ratio stood at 5.97x.
Will AutoZone’s Margins Expand in 1Q17?
According to analyst estimates, AutoZone’s first quarter gross margins will be at 52.7%, up 20 basis points from its gross margin in 1Q16.
Will AutoZone’s 1Q17 Earnings Impress Investors?
In 4Q16, which ended on August 27, AutoZone reported EPS (earnings per share) of $14.30.
Monro Muffler Brake Readying to Present Its Best Ideas
Monro Muffler Brake (MNRO) rose 1.4% to close at $57.27 per share during the first week of September 2016.
Susquehanna Rated Monro Muffler Brake as ‘Positive’
Monro Muffler Brake rose by 0.62% to close at $57.15 per share on August 26. Its weekly, monthly, and YTD price movements were 0.90%, -8.3%, and -13.0%.
All You Need to Know about AutoZone’s Fiscal 3Q16 Earnings
A day before AutoZone’s fiscal 3Q16 earnings release, its stock fell 2.6%. But on the day of the earnings release, it recovered sharply and rose 2.5%.
How Did Monro Muffler Brake Perform in 4Q16?
Monro Muffler Brake (MNRO) has a market cap of $2.0 billion. It fell by 7.3% and closed at $62.07 per share on May 19, 2016.
How an Economic Cycle Can Impact Mutual Funds
All that goes up must come down. And this applies to economic cycles as well. No boom lasts forever, and all economies experience a slowdown.
Higher Vehicle Sales to Boost Alcoa’s Automobile Initiatives
Analysts expect US vehicle sales to top 17 million this year, the highest in a decade. Higher vehicle sales benefit auto component manufacturers.
Teachers fund opens new stake in TRW Automotive Holdings
TRW Automotive Holdings said last year that it was going to be acquired by German auto parts maker ZF Friedrichshafen for approximately $13.5 billion.
Lear: A global leader in automotive seating and electrical systems
Lear (LEA) has a strong market position in providing automotive seat systems, as it is one of only two primary independent suppliers with global scale and complete component capabilities.
Why Lear’s 2015 outlook is promising
Lear has outpaced industrial production growth in recent years, and the company expects that this trend will continue in 2015.
Highbridge Capital exits position in Eli Lilly
Highbridge Capital exited its position in Eli Lilly & Co. (LLY). Eli Lilly & Co. accounted for 0.47% of the fund’s first quarter portfolio.
Why Highbridge sells its shares in Advance Auto Parts Inc.
Highbridge Capital exited its position in Advance Auto Parts Inc. (AAP). Advance Auto Parts Inc. accounted for 0.60% of the fund’s first quarter portfolio.
Why Eminence Capital exits position in Advance Auto Parts
Total sales during fiscal 2013 increased 4.7% to $6.49 billion as compared to fiscal 2012.
Glenview Capital Management starts new positions in AAP, AMT, DG, NXPI, sells NTAP, ROVI—13F Flash E
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Glenview Capital Management starts new positions in AAP, AMT, DG, NXPI, sells NTAP, ROVI—13F Flash C
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