Advance Auto Parts, Inc. (NYSE:AAP – Free Report) – Stock analysts at Zacks Research boosted their FY2025 EPS estimates for Advance Auto Parts in a research note issued on Tuesday, November 12th. Zacks Research analyst L. Shahu now anticipates that the company will post earnings per share of $3.02 for the year, up from their previous forecast of $3.01. The consensus estimate for Advance Auto Parts’ current full-year earnings is $2.19 per share. Zacks Research also issued estimates for Advance Auto Parts’ Q2 2026 earnings at $0.96 EPS, Q3 2026 earnings at $0.77 EPS and FY2026 earnings at $3.37 EPS.
Other equities research analysts have also recently issued research reports about the stock. Truist Financial reduced their price target on shares of Advance Auto Parts from $41.00 to $39.00 and set a “hold” rating on the stock in a research report on Friday. Evercore ISI reduced their price target on shares of Advance Auto Parts from $71.00 to $67.00 and set an “in-line” rating on the stock in a research report on Tuesday, October 22nd. JPMorgan Chase & Co. reduced 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 report on Friday, August 16th. Roth Mkm restated a “neutral” rating and issued a $40.00 price target on shares of Advance Auto Parts in a research report on Wednesday, October 16th. Finally, UBS Group boosted their price target on shares of Advance Auto Parts from $42.00 to $44.00 and gave the stock a “neutral” rating in a research report on Friday. One investment analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $49.14.
Advance Auto Parts Trading Down 8.5 %
Advance Auto Parts stock opened at $37.69 on Friday. The firm’s 50 day moving average price is $39.02 and its 200-day moving average price is $54.24. Advance Auto Parts has a 1 year low of $35.59 and a 1 year high of $88.56. The stock has a market cap of $2.25 billion, a P/E ratio of 51.63, a PEG ratio of 1.33 and a beta of 1.17. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.23 and a quick ratio of 0.30.
Advance Auto Parts (NYSE:AAP – Get Free Report) last released its quarterly earnings data on Thursday, August 22nd. The company reported $0.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.97 by ($0.22). The company had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.67 billion. Advance Auto Parts had a net margin of 0.01% and a return on equity of 0.05%. The company’s quarterly revenue was down .1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.43 EPS.
Institutional Trading of Advance Auto Parts
Large investors have recently made changes to their positions in the stock. Allspring Global Investments Holdings LLC purchased a new stake in shares of Advance Auto Parts during the first quarter valued at $34,000. Mather Group LLC. lifted its stake in Advance Auto Parts by 1,241.7% in the second quarter. Mather Group LLC. now owns 644 shares of the company’s stock worth $41,000 after acquiring an additional 596 shares during the period. Ashton Thomas Private Wealth LLC purchased a new stake in Advance Auto Parts in the second quarter worth about $41,000. Blue Trust Inc. lifted its stake in Advance Auto Parts by 98.7% in the second quarter. Blue Trust Inc. now owns 769 shares of the company’s stock worth $49,000 after acquiring an additional 382 shares during the period. Finally, AM Squared Ltd purchased a new stake in Advance Auto Parts in the second quarter worth about $63,000. 88.75% of the stock is owned by hedge funds and other institutional investors.
Advance Auto Parts Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, January 24th. Stockholders of record on Friday, January 10th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.65%. The ex-dividend date of this dividend is Friday, January 10th. Advance Auto Parts’s dividend payout ratio is currently 136.99%.
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.
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