Q3 EPS Forecast for Advance Auto Parts Raised by Analyst

Advance Auto Parts, Inc. (NYSE:AAP) – Equities researchers at DA Davidson raised their Q3 2025 earnings estimates for shares of Advance Auto Parts in a report issued on Tuesday, September 9th. DA Davidson analyst M. Baker now forecasts that the company will post earnings per share of $0.74 for the quarter, up from their previous forecast of $0.73. DA Davidson has a “Neutral” rating and a $63.00 price target on the stock. The consensus estimate for Advance Auto Parts’ current full-year earnings is ($0.46) per share.

Advance Auto Parts (NYSE:AAP) last released its quarterly earnings results on Thursday, August 14th. The company reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.10. Advance Auto Parts had a negative net margin of 4.37% and a negative return on equity of 1.97%. The company had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $1.97 billion. During the same period in the previous year, the firm earned $0.75 EPS. Advance Auto Parts’s revenue was down 7.7% on a year-over-year basis. Advance Auto Parts has set its FY 2025 guidance at 1.200-2.20 EPS.

Other analysts also recently issued reports about the stock. Evercore ISI boosted their target price on shares of Advance Auto Parts from $56.00 to $58.00 and gave the stock an “in-line” rating in a report on Tuesday, August 12th. Redburn Atlantic raised shares of Advance Auto Parts from a “sell” rating to a “neutral” rating and lifted their target price for the stock from $28.00 to $45.00 in a research report on Tuesday, June 3rd. Citigroup set a $60.00 target price on shares of Advance Auto Parts in a research report on Thursday, August 14th. Bank of America lifted their target price on shares of Advance Auto Parts from $33.00 to $39.00 and gave the stock an “underperform” rating in a research report on Friday, May 23rd. Finally, Wells Fargo & Company lifted their target price on shares of Advance Auto Parts from $45.00 to $50.00 and gave the stock an “equal weight” rating in a research report on Friday, August 15th. One equities research analyst has rated the stock with a Buy rating, eighteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $51.78.

Advance Auto Parts Stock Down 2.4%

NYSE AAP opened at $59.56 on Wednesday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.27 and a quick ratio of 0.49. The company’s 50 day simple moving average is $58.56 and its 200 day simple moving average is $46.08. Advance Auto Parts has a 12 month low of $28.89 and a 12 month high of $70.00. The company has a market capitalization of $3.57 billion, a P/E ratio of -9.35 and a beta of 1.06.

Institutional Trading of Advance Auto Parts

Large investors have recently added to or reduced their stakes in the business. REAP Financial Group LLC bought a new stake in Advance Auto Parts in the second quarter worth approximately $26,000. Hexagon Capital Partners LLC grew its position in Advance Auto Parts by 189.0% in the first quarter. Hexagon Capital Partners LLC now owns 711 shares of the company’s stock worth $28,000 after acquiring an additional 465 shares in the last quarter. Smartleaf Asset Management LLC grew its position in Advance Auto Parts by 290.3% in the second quarter. Smartleaf Asset Management LLC now owns 925 shares of the company’s stock worth $43,000 after acquiring an additional 688 shares in the last quarter. Parallel Advisors LLC grew its position in Advance Auto Parts by 355.8% in the second quarter. Parallel Advisors LLC now owns 939 shares of the company’s stock worth $44,000 after acquiring an additional 733 shares in the last quarter. Finally, Financial Management Professionals Inc. acquired a new stake in Advance Auto Parts in the 1st quarter worth approximately $49,000. 88.70% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, SVP Jason Hand sold 948 shares of the business’s stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $48.52, for a total transaction of $45,996.96. Following the transaction, the senior vice president directly owned 9,876 shares of the company’s stock, valued at approximately $479,183.52. The trade was a 8.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.67% of the company’s stock.

Advance Auto Parts Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 24th. Investors of record on Friday, October 10th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, October 10th. This represents a $1.00 dividend on an annualized basis and a yield of 1.7%. Advance Auto Parts’s payout ratio is presently -15.70%.

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.