Advance Auto Parts Trading Volume Drops 42.16% to $263 Million

Generado por agente de IAAinvest Volume Radar
martes, 27 de mayo de 2025, 8:00 pm ET1 min de lectura
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On May 27, 2025, Advance Auto PartsAAP-- (AAP) experienced a trading volume of $263 million, marking a 42.16% decrease from the previous day. The stock price of AAPAAP-- rose by 1.91%.

Advance Auto Parts reported a 0.6% decline in comparable sales for the first quarter of 2025. This decrease was attributed to weak demand, which offset modest growth in the professional channelCHRO--. The company's revenue for the quarter was $2.6 billion, down from $2.8 billion in the previous year.

Despite the better-than-expected first-quarter results, analysts from Argus have not upgraded their rating for Advance Auto Parts. They believe it is too early to make such a change. RBC Capital Markets maintained its Sector Perform rating for the company, with an unchanged price target of $44.

Advance Auto Parts is expected to have a dividend payout ratio of 63.69% next year, indicating that the company will be able to sustain its dividend payments. The next dividend date is projected to be July 11, 2025. The company's Q2 earnings are scheduled to be released on August 21, 2025.

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