Advance Auto Parts (NYSE:AAP) Releases FY 2025 Earnings Guidance

Advance Auto Parts (NYSE:AAP) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.500-2.500 for the period, compared to the consensus EPS estimate of 1.560. The company issued revenue guidance of $8.4 billion-$8.6 billion, compared to the consensus revenue estimate of $8.5 billion.

Advance Auto Parts Trading Down 17.9 %

Advance Auto Parts stock opened at $37.65 on Thursday. Advance Auto Parts has a 1 year low of $35.59 and a 1 year high of $88.56. The firm’s 50-day moving average is $46.11 and its 200-day moving average is $43.93. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.62 and a current ratio of 1.34. The company has a market cap of $2.25 billion, a P/E ratio of 51.58, a PEG ratio of 1.98 and a beta of 1.15.

Analyst Ratings Changes

A number of brokerages have commented on AAP. Barclays decreased their target price on Advance Auto Parts from $66.00 to $54.00 and set an “equal weight” rating for the company in a research note on Thursday, January 9th. Wedbush restated an “outperform” rating and set a $55.00 price objective on shares of Advance Auto Parts in a research report on Friday, November 15th. BMO Capital Markets began coverage on Advance Auto Parts in a research report on Friday, December 13th. They issued a “market perform” rating and a $45.00 target price on the stock. Royal Bank of Canada cut their target price on Advance Auto Parts from $52.00 to $46.00 and set a “sector perform” rating on the stock in a research note on Monday, November 11th. Finally, Citigroup upped their price target on shares of Advance Auto Parts from $44.00 to $47.00 and gave the stock a “neutral” rating in a research report on Friday, February 21st. One investment analyst has rated the stock with a sell rating, sixteen have issued a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $47.88.

Insider Transactions at Advance Auto Parts

In related news, EVP Tammy M. Finley sold 1,276 shares of the business’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $44.06, for a total transaction of $56,220.56. Following the sale, the executive vice president now owns 24,266 shares of the company’s stock, valued at $1,069,159.96. The trade was a 5.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.35% of the company’s stock.

Advance Auto Parts Company Profile

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.