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Stock impact report

Is Advance Auto Parts a Value Play After Prolonged Share Price Slump? [Yahoo! Finance]

Advance Auto Parts Inc. (AAP) 
Last advance auto parts inc. earnings: 2/18 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
The stock has had a rough ride, falling about 11% over the last week, 17.5% over the last month, and remaining down more than 69% over 3 years. This has many investors questioning whether the risk is finally priced in. Recent headlines have focused on the company's ongoing turnaround efforts, including strategic cost cutting, store level efficiency initiatives, and a renewed focus on core auto parts customers rather than lower margin categories. At the same time, management changes and shifts in competitive dynamics across the auto parts retail space have kept sentiment cautious. This helps explain why the share price has struggled despite the long term importance of the aftermarket. On our metrics, Advance Auto Parts scores a 3 out of 6 valuation score , which suggests parts of the market may be underestimating its value, while other signals still flash caution. Next we will walk through traditional valuation approaches before wrapping up with a more holistic way to judge whethe Show less Read more
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