Advance Auto Parts Inc W/I Looks to Continue to Trade Above its Annual-High Share Price Today

July 9, 2021 10:16:38

Shares of Advance Auto Parts Inc W/I (NYSE:AAP) traded at a new 52-week high today of $213.56. So far today approximately 107,000 shares have been exchanged, as compared to an average 30-day volume of 839,000 shares.

Advance Auto Parts Inc W/I share prices have moved between a 52-week high of $213.56 and a 52-week low of $131.90 and are now trading 60% above that low price at $210.88 per share.

Advance Auto Parts Inc W/I (NYSE:AAP) defies analysts with a current price ($210.88) 24.5% above its average consensus price target of $159.22.

Advance Auto Parts is one of the industry’s largest retailers of aftermarket automotive parts, tools, and accessories to do-it-yourself customers in North America. Advance operated 4,976 stores as of the end of 2020, in addition to servicing 1,277 independently owned Carquest stores. The company’s Worldpac unit is a premier distributor of imported original-equipment parts. Advance derived 57% of its 2020 sales from commercial clients, up from 30%-40% before the General Parts deal.

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