Each of the companies gets a buy rating from TheStreet Ratings.
Advance Auto Parts
The car retailer reported Thursday fourth-quarter earnings of $66.4 million, or 90 cents a share, an increase from year-earlier earnings of $48.1 million, or 57 cents.Analysts anticipated earnings of 75 cents a share. "Management also introduced upbeat FY12 EPS guidance of $5.55-$5.75 vs. a consensus figure of $5.64," Oppenheimer analysts wrote in a report Thursday. "We estimate share repurchases could add another $0.10-$0.15 to forecasts. AAP shares are up about 8% today on the stronger report. We expect the company to continue benefiting from favorable industry trends near term. Our Perform rating reflects valuation." The analysts raised their price target to $92 from $73 and maintained their perform rating on the stock. Shares of Advance Auto Parts hit a 52-week high of $86.30 on Thursday. The stock's 52-week low of $49.50 was set on Sept. 12. Advance Auto Parts has an estimated price-to-earnings ratio for next year of 13.12; the average for specialty retailers is 17.23. For comparison, Penske Automotive Group (PAG) has a lower forward P/E of 10.95 and Autonation's (AN) forward P/E is 13.88. Fourteen of the 24 analysts who cover Advance Auto Parts rated it a hold. Ten analysts gave it a buy rating. TheStreet Ratings gives Advance Auto Parts an A grade with a $92.54 price target. The stock has risen 23.4% year to date.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV