There is a strong buyer consensus (none analyst is on the sell side) whose target price shows a +16% potential accordingly to current value. While net income is expected to grow around 15%, EBITDA should rise of 7%.
Technically, the security is in a negative configuration in the short term as the bearish trend of the 20-day moving average, currently at USD 148, shows. Nevertheless, the stock seems being oversold, near to its USD 143 support in daily data. This level should initiate an acceleration towards the USD 152.4 resistance.
Active investors can benefit from the proximity of the strong support currently tested in order to buy Advance Auto Parts with a good timing. A first goal could be the USD 152.4 pivot point. Investors might place a stop loss order below USD 141 in order to avoid important losses.
Advance Auto Parts, Inc. is an automotive aftermarket parts provider in North America, serving both professional installers (professional) and do-it-yourself (DIY) customers, as well as independently owned operators. Its stores and branches offer a range selection of brand names, original equipment manufacturer (OEM) and owned brand automotive replacement parts, accessories, batteries and maintenance items for domestic and imported cars, vans, sport utility vehicles and light and heavy-duty trucks. Its stores operate primarily under the trade names Advance Auto Parts and Carquest and its branches operate under the Worldpac trade names. It operates approximately 4,785 stores and 320 Worldpac branches primarily within the United States, with additional locations in Canada, Puerto Rico and the U.S. Virgin Islands. The Company also serves approximately 1,307 independently owned Carquest branded stores across these locations in addition to Mexico and various Caribbean islands.
ADVANCE AUTO PARTS, INC. 
