What are analysts'price targets for Advance Auto Parts'stock?
17 analysts have issued 12-month price targets for Advance Auto Parts' stock. Their forecasts range from $175.00 to $290.00. On average, they expect Advance Auto Parts' share price to reach $246.82 in the next year. This suggests a possible upside of 3.7% from the stock's current price.
How much is Advance Auto Parts stock worth?
One share of AAP stock can currently be purchased for approximately $237.91. How much money does Advance Auto Parts make? Advance Auto Parts has a market capitalization of $14.83 billion and generates $10.11 billion in revenue each year.
What are AutoWeb's stock's price targets for next year?
2 brokerages have issued 1 year price targets for AutoWeb's stock. Their forecasts range from $6.00 to $6.00. On average, they expect AutoWeb's share price to reach $6.00 in the next twelve months. This suggests a possible upside of 87.5% from the stock's current price.
What is the upside for Advance Auto Parts'stock?
Their forecasts range from $175.00 to $290.00. On average, they expect Advance Auto Parts' share price to reach $246.82 in the next year. This suggests a possible upside of 3.7% from the stock's current price. View analysts' price targets for Advance Auto Parts or view top-rated stocks among Wall Street analysts.
See more
Is auto stock a good buy?
Auto stocks could be big winners in 2021. Auto stocks have been some of the top-performing stocks in the market in 2020 despite a bumpy road this year for the industry.
What is the best automotive stocks to buy?
Best Automotive Stocks to BuyGeneral Motors Company (NYSE: GM) Legacy Automobile Manufacturer With a Long History of Innovation and Growth. ... Tesla Inc (NASDAQ: TSLA) ... Ford Motor Company (NYSE: F) ... Nio Inc (NYSE: NIO) ... Honda Motor Co Ltd (NYSE: HMC) ... Toyota Motor Corp (NYSE: TM) ... Ferrari Nv (NYSE: RACE) ... XPeng Inc (NYSE: XPEV)More items...
Why are auto stocks so cheap?
"Higher interest rates are very poor for the automotive stocks. They obviously have the potential to slow down demand and they also cause portfolio managers to shift out of an industry like the auto industry." With unemployment low and the economy growing, he expects two to four interest rate hikes in the near future.
Which car company has the highest stock price?
TeslaLargest automakers by market capitalization#NamePrice1Tesla 1TSLA$695.20 0.57%2Toyota 2TM$152.83 1.19%3BYD 3002594.SZ$50.11 0.66%4Volkswagen 4VOW3.DE$122.95 0.13%48 more rows
What is the fastest growing car company?
TeslaTesla has been the fastest growing automobile brand over the course of the pandemic with astounding brand value growth of 271% in the last two years, according to the latest report by leading brand valuation consultancy Brand Finance.
Will the auto industry bounce back?
All told, automakers worldwide produced about 8 million fewer vehicles than planned last year because of product shortages. Even if production rebounds, dealers won't be able to build back inventories until well into 2022, J.D. Power analyst Tyson Jominy said.
Is Ford a good stock to buy 2021?
Today's market reaction to the first-quarter report gives long-term investors a better opportunity to buy Ford's stock to help diversify a portfolio of EV investments. The company maintained its outlook for the balance of 2022, implying an increase in operating income of between 15% and 25% over 2021 levels.
Is Toyota a good stock to buy 2022?
As of July 22, 2022 the (TM) stock price is $160.30. Over the previous five trading days (TM) stock is up 2.3%, compared with being down -9.94% in the past year. (TM) is down -13.5% so far in 2022.
Will car prices remain high in 2022?
J.D. Power forecasts that used-vehicle prices will drop by late 2022 and into 2023. Since it is a seller's market, many car companies have not only raised prices, but they have sharply reduced the number of financial incentives and discounts. If you have to purchase a car, look at expanding your search parameters.
Why is Ford stock doing so well?
Ford is beginning production of the Mach-E, a competitor to the Tesla (TSLA) Model Y, in China as well. And Ford didn't stop there — it recently delivered its first F-150 Lightning all-electric pickup. Ford's investment in electrification helped push shares to a 140% gain in 2021.
Is Tesla stock a buy?
Tesla Stock Not A Buy Despite 42% Revenue Growth.
Is Toyota a good stock to buy 2022?
As of July 22, 2022 the (TM) stock price is $160.30. Over the previous five trading days (TM) stock is up 2.3%, compared with being down -9.94% in the past year. (TM) is down -13.5% so far in 2022.
Is Toyota a good stock to buy 2021?
We rate shares of TM as a buy with a year ahead price target of $235.00 representing a 1-year forward P/E of 10x on the current consensus fiscal 2023 EPS.
Is Ford a good stock to buy 2021?
Today's market reaction to the first-quarter report gives long-term investors a better opportunity to buy Ford's stock to help diversify a portfolio of EV investments. The company maintained its outlook for the balance of 2022, implying an increase in operating income of between 15% and 25% over 2021 levels.
Which car companies are doing well?
Mazda has been the top-performing company when comparing manufacturer sales between quarter two of 2020 — the start of the COVID-19 era — and the same period of 2019. The next closest competitor is Daimler AG, manufacturer of Mercedes-Benz and Smart, which saw a decrease in car sales of nearly 14%.
What is the autoweb ticker symbol?
What is the P/E ratio of AutoWeb?
AutoWeb trades on the NASDAQ under the ticker symbol "AUTO."
When is the earnings conference call for AutoWeb?
The P/E ratio of AutoWeb is -10.13, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Is AutoWeb a buy or sell company?
How can I listen to AutoWeb's earnings call? AutoWeb will be holding an earnings conference call on Thursday, August 5th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 404-537-3406 with passcode "7169687".
Does AutoWeb pay dividends?
AutoWeb has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
What are the different grades for stocks?
AutoWeb does not currently pay a dividend.
What is AutoWeb Inc?
Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.
How many sectors are there in Zacks?
AutoWeb, Inc. provides consumer leads and associated marketing services primarily to automotive dealers and manufacturers throughout the United States. It also provides consumers with robust and original online automotive content. AutoWeb Inc., formerly known as Autobytel Inc., is headquartered in Irvine, CA.
What is style score?
The Zacks Sector Rank assigns a rating to each of the 16 Sectors based on their average Zacks Rank.
How do you understand car companies’ financial statements?
The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.
What is an automaker?
For the most part, automotive companies’ financial statements aren’t too hard to decipher. Here are three things to know:
Why are automakers cyclical?
Automakers, which manufacture cars, trucks, and SUVs, including electric vehicles. Suppliers of auto parts, from seats and spark plugs to complex electronic systems and batteries for electric cars. Auto dealer groups.
What brands does Volkswagen own?
Automakers and their suppliers are cyclical stocks, meaning their profits rise and fall with consumer confidence. It’s easy to see why. When businesses and consumers are worried about the economy, they postpone buying new vehicles.
What brands does Peugeot own?
It also owns the Fiat, Alfa Romeo, and Maserati brand s, and it has strong operations in Europe and South America, as well as the U.S. Volkswagen is one of the best-selling automakers outside the U.S. Its portfolio of brands includes VW as well as the Audi, Porsche, and Bentley luxury brands.
Why are car margins low?
Formed in 2021 via the merger of Fiat Chrysler and Peugeot, this automaker houses brands including Jeep, Ram, Dodge, Opel, Vauxhall , and Peugeot. It also owns the Fiat, Alfa Romeo, and Maserati brands, and it has strong operations in Europe and South America, as well as the U.S. Volkswagen (OTC:VWAGY)
Which companies cut their product spending during the 2008-2009 recession?
High costs and steady spending mean that profit margins in the automotive industry tend to be low, even during good economic times. When sales slump, as in a recession, automotive companies’ profits fall sharply -- putting future product spending and future competitiveness at risk.
What is Toyota Motor Corp?
Most automotive companies cut future product spending sharply during the 2008-2009 recession. The few that didn’t, including Ford and Hyundai, had fresh products in their showrooms when the recovery began and were able to gain market share.
What is Tata Motors?
Toyota Motor Corp. engages in the manufacture and sale of motor vehicles and parts. It operates through the following segments: Automotive, Financial Services, and All Other. The Automotive segment designs, manufactures, assembles and sells passenger cars, minivans, trucks, and related vehicle parts and accessories.
What is Stellantis NV?
Tata Motors Ltd. engages in the manufacture of motor vehicles. It operates through the Automotive and Other Operations segments. The Automotive segment operations include all activities relating to the development, design, manufacture, assembly and sale of vehicles including vehicle financing, as well as sale of related parts and accessories. The Other Operations segment includes information technology services, and machine tools and factory automation solutions. The company was founded on September 1, 1945 and is headquartered in Mumbai, India. more
What is a Nio?
Stellantis NV is an automobile company, which engages in the manufacture of automobiles and provision of mobility solutions. It designs, engineers, manufactures, distributes, and sells vehicles under the brands Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, Moper, Opel, Peugeot, Leasys, Free2move, Vauxhall, and Ram.
What is REV Group?
NIO, Inc. (China) is a holding company which engages in the design, manufacture, and sale of electric vehicles. Its products include the EP9 supercar and ES8 7-seater SUV. It provides users with home charging, power express valet services, and other power solutions including access to public charging, access to power mobile charging trucks, and battery swapping. It also offers other value-added services such as service package, battery payment arrangement, and vehicle financing and license plate registration. The company was founded by Li Bin and Qin Li Hong in November 2014 and is headquartered in Jiading, China. more
What is the All Others segment?
REV Group, Inc. is a holding company. The firm engages in the manufacture, distribution, and design of specialty vehicles and related aftermarket parts and services. It operates through the following segments: Fire and Emergency; Commercial; and Recreation. The Fire and Emergency segment offers fire apparatus, and ambulance products. The Commercial segment involves in transit and shuttle buses, type A school buses, mobility vans, sweepers, and terminal trucks. The Recreation segment covers motorized recreational vehicle and application trailers. The company was founded in August 2010 and is headquartered in Brookfield, WI. more
What is Harley Davidson?
The All Others segment deals with the design and manufacture and sale of housing, telecommunications and other businesses. The company was founded by Kiichiro Toyoda on August 28, 1937 and is headquartered in Toyota, Japan. more. $178.44.
What is the dividend payout ratio of Advance Auto Parts?
Harley-Davidson, Inc. is engaged in the manufacture and sale of custom, cruiser and touring motorcycles. It operates through the following segments: Motorcycles & Related Products; and Financial Services. The Motorcycles & Related Products segment manufactures, designs, and sells at wholesale on-road Harley-Davidson motorcycles as well as motorcycle parts, accessories, general merchandise, and related services. The Financial Services segment comprises of financing and servicing wholesale inventory receivables and retail consumer loans, primarily for the purchase of Harley-Davidson motorcycles. The company was founded by William Sylvester Harley, Arthur Davidson, Walter C. Davidson, Sr. and William A. Davidson in 1903 and is headquartered in Milwaukee, WI. more
When will Advance Auto Parts release its earnings?
The dividend payout ratio of Advance Auto Parts is 40.49% . This payout ratio is at a healthy, sustainable level, below 75%.
What is Advance Auto Parts' rating?
Advance Auto Parts is scheduled to release its next quarterly earnings announcement on Tuesday, August 17th 2021. View our earnings forecast for Advance Auto Parts.
What is the P/E ratio of Advance Auto Parts?
Advance Auto Parts has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 10 buy ratings, 5 hold ratings, and no sell ratings.
Who is Advance Auto Parts?
The P/E ratio of Advance Auto Parts is 23.86, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 26.06.
What is the AAP symbol?
Advance Auto Parts, Inc. engages in the supply and distribution of aftermarket automotive products for both professional installers and do-it-yourself customers. It operates through the following segments: Northern Division, Southern Division, Carquest Canada, Independents and Worldpac. Advance Auto Parts offers replacement parts, performance parts, accessories, oil and fluids, engine parts, brakes, batteries, accessories, and tools and garage. The company was founded by Arthur Taubman in 1929 and is headquartered in Raleigh, NC.
