FY2026 EPS Estimate for Advance Auto Parts Lifted by Analyst

Advance Auto Parts, Inc. (NYSE:AAP) – Analysts at Roth Capital lifted their FY2026 EPS estimates for Advance Auto Parts in a note issued to investors on Friday, November 15th. Roth Capital analyst S. Stember now anticipates that the company will earn $3.53 per share for the year, up from their prior estimate of $3.50. Roth Capital currently has a “Hold” rating on the stock. The consensus estimate for Advance Auto Parts’ current full-year earnings is $2.26 per share.

A number of other research firms have also weighed in on AAP. UBS Group upped their target price on shares of Advance Auto Parts from $42.00 to $44.00 and gave the stock a “neutral” rating in a research note on Friday. Roth Mkm restated a “neutral” rating and set a $40.00 target price on shares of Advance Auto Parts in a research note on Wednesday, October 16th. Wedbush reiterated an “outperform” rating and issued a $55.00 price target on shares of Advance Auto Parts in a research note on Friday. JPMorgan Chase & Co. dropped their price target on shares of Advance Auto Parts from $68.00 to $55.00 and set a “neutral” rating on the stock in a research note on Friday, August 16th. Finally, TD Cowen lowered their target price on shares of Advance Auto Parts from $65.00 to $55.00 and set a “hold” rating on the stock in a research report on Friday, August 23rd. One research analyst has rated the stock with a sell rating, fifteen have given a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $49.14.

Advance Auto Parts Stock Down 8.5 %

Shares of AAP opened at $37.69 on Monday. The stock has a market capitalization of $2.25 billion, a PE ratio of 51.63 and a beta of 1.17. Advance Auto Parts has a 1 year low of $35.59 and a 1 year high of $88.56. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.30 and a current ratio of 1.34. The company’s 50-day simple moving average is $39.02 and its 200-day simple moving average is $54.11.

Advance Auto Parts (NYSE:AAP) last posted its earnings results on Thursday, November 14th. The company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.53). The company had revenue of $2.15 billion during the quarter, compared to analyst estimates of $2.62 billion. Advance Auto Parts had a net margin of 0.41% and a return on equity of 1.82%. The company’s quarterly revenue was down 3.2% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.82) EPS.

Advance Auto Parts Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 24th. Shareholders of record on Friday, January 10th will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.65%. The ex-dividend date is Friday, January 10th. Advance Auto Parts’s payout ratio is 136.99%.

Hedge Funds Weigh In On Advance Auto Parts

A number of institutional investors have recently made changes to their positions in the business. Savoie Capital LLC increased its holdings in shares of Advance Auto Parts by 117.2% in the 3rd quarter. Savoie Capital LLC now owns 69,500 shares of the company’s stock valued at $2,710,000 after acquiring an additional 37,500 shares during the last quarter. XTX Topco Ltd bought a new stake in shares of Advance Auto Parts in the 3rd quarter valued at approximately $503,000. Redwood Investment Management LLC increased its holdings in shares of Advance Auto Parts by 26.4% in the 3rd quarter. Redwood Investment Management LLC now owns 10,858 shares of the company’s stock valued at $449,000 after acquiring an additional 2,269 shares during the last quarter. Maple Rock Capital Partners Inc. bought a new stake in shares of Advance Auto Parts in the 3rd quarter valued at approximately $9,046,000. Finally, Invenomic Capital Management LP bought a new position in Advance Auto Parts during the 3rd quarter worth $3,342,000. 88.75% of the stock is owned by institutional investors and hedge funds.

About Advance Auto Parts

Advance Auto Parts, Inc provides automotive replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy duty trucks. The company offers battery accessories; belts and hoses; brakes and brake pads; chassis and climate control parts; clutches and drive shafts; engines and engine parts; exhaust systems and parts; hub assemblies; ignition components and wires; radiators and cooling parts; starters and alternators; and steering and alignment parts.