Quantcast
Jump to content
  • Welcome to Auto Parts Forum

    Thanks for visiting our brand new online forum for automotive parts. We are just starting to build content and invite you to join us here in our new online discussion forum for automotive parts topics.  Whether you are a veteran automotive parts guru or just someone looking for some quick auto parts advice, register today and start a new topic in our forum. Registration is free and you can even do it with social network platforms such as Facebook, Twitter, Google, and LinkedIn.  

TieRod

AutoZone Vs. Advance Vs. O'Reilly

Recommended Posts

Interesting article about the big 3 retailers. Advance seems to be losing market share while Autozone is said to be able to ride out online and retail competitive pressures, while O'reilly is growing.

https://www.benzinga.com/analyst-ratings/analyst-color/17/09/10015072/the-auto-parts-trade-autozone-vs-advance-vs-oreilly

 

Keep a vehicle long enough and you’re bound to make a trip to the parts store, but which of the big chains is best positioned to motor ahead?

No. 2 Advance Auto Parts, Inc. AAP 1.36% is looking like an also-ran compared to AutoZone, Inc. AZO 0.23% and O'Reilly Automotive Inc ORLY 1.72%, according Bank of America Merrill Lynch analyst Elizabeth L. Suzuki.

Advance Losing Market Share

She put Advance at Underperform and set a price target of $87.50, reinstating coverage of the stock and two of its rivals. It was trading at $97.94, down 12 cents at last check.

tipranks.png

She rated AutoZone at Buy and set a price target of $625. It was trading at $544.55, up 5.78 percent, at last check.

She rated O’Reilly Automotive a Buy with a price target of $250. It was at $200.15, up 1.61 percent.

Advance has been hit hardest among the parts chains, down 42 percent on the year compared to 30 percent for the sector, she wrote. Its problems include market share loss and restructuring efforts that have yet to pay off in earnings growth.

Advance has to be hoping for restructuring initiates to bear fruit, a significant downturn in new vehicle sales, improvements in the supply chain or a buyout by one of its competitors.

Industry leader AutoZone seems position to withstand the online and bricks-and-mortar competition, she wrote.

No. 3 O’Reilly plans to add 190 stores this year and its robust network of distribution centers and hub stores enables it to deliver parts quickly.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×

Copyright © 2018 AutoPartsForum.com Powered by Invision Community