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Analyst Report: Advance Auto Parts Inc


Advance Auto Parts Inc. (AAP) Stock Forecasts

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Argus•September 01, 2023




Consumer Cyclical


Current Price


Price Target

Earnings Estimate


Advance Auto Parts, based in Raleigh, North Carolina, is a leading retailer of automotive parts and accessories in the United States. The company serves both the ‘do-it-yourself’ (DIY), and the professional installer (DIFM) markets under the Advance Auto Parts, Carquest, World Pac, and Autopart International nameplates. The company has 40,000 employees. The shares are a component of the S&P 500.

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Analyst Profile

David E. Coleman

Securities Analyst and Quantitative Portfolio Strategist

At Argus Research, David covers various Airline, Tobacco and Materials companies and is also a quantitative portfolio strategist. He received his undergraduate degree from Edinboro University of Pennsylvania, graduating magna cum laude with a Bachelor of Science degree in Biology and a minor in Psychology. Prior to joining Argus, David worked in a variety of industries, ranging from industrial engineering to commercial fishing. David is the great-grandson of Harold B. Dorsey, who founded Argus in 1934. He started his career at Argus in the Economics department.

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