Zacks Research Has Positive Outlook of AAP FY2025 Earnings

Advance Auto Parts, Inc. (NYSE:AAP) – Investment analysts at Zacks Research raised their FY2025 earnings per share (EPS) estimates for shares of Advance Auto Parts in a research note issued to investors on Tuesday, November 12th. Zacks Research analyst L. Shahu now expects that the company will post earnings per share of $3.02 for the year, up from their prior estimate 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.

Advance Auto Parts (NYSE:AAP) last announced its quarterly earnings results on Thursday, August 22nd. The company reported $0.75 earnings per share for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.22). Advance Auto Parts had a net margin of 0.01% and a return on equity of 0.05%. The company had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.67 billion. During the same quarter in the prior year, the business earned $1.43 earnings per share. Advance Auto Parts’s revenue was down .1% on a year-over-year basis.

Several other equities research analysts also recently issued reports on AAP. JPMorgan Chase & Co. cut their price objective on Advance Auto Parts from $68.00 to $55.00 and set a “neutral” rating on the stock in a report on Friday, August 16th. Mizuho reiterated a “neutral” rating and set a $38.00 price target (down from $45.00) on shares of Advance Auto Parts in a research note on Thursday, September 12th. The Goldman Sachs Group lowered their price objective on shares of Advance Auto Parts from $60.00 to $43.00 and set a “neutral” rating for the company in a research note on Friday. DA Davidson reiterated a “neutral” rating and set a $45.00 target price on shares of Advance Auto Parts in a report on Friday. Finally, Truist Financial dropped their price target on shares of Advance Auto Parts from $41.00 to $39.00 and set a “hold” rating for the company in a research note on Friday. One research analyst has rated the stock with a sell rating, fifteen have given a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, Advance Auto Parts has an average rating of “Hold” and an average price target of $49.14.

Advance Auto Parts Stock Down 8.5 %

Shares of NYSE AAP opened at $37.68 on Friday. Advance Auto Parts has a 52-week low of $35.59 and a 52-week high of $88.56. The business’s 50 day moving average is $39.02 and its two-hundred day moving average is $54.37. The firm has a market cap of $2.25 billion, a price-to-earnings ratio of 51.62, a PEG ratio of 1.33 and a beta of 1.17. The company has a quick ratio of 0.30, a current ratio of 1.23 and a debt-to-equity ratio of 0.69.

Institutional Trading of Advance Auto Parts

Institutional investors have recently modified their holdings of the stock. Allspring Global Investments Holdings LLC acquired a new position in Advance Auto Parts in the first quarter valued at $34,000. Oppenheimer & Co. Inc. purchased a new position in Advance Auto Parts during the 1st quarter worth approximately $292,000. Sei Investments Co. increased its position in Advance Auto Parts by 0.6% during the first quarter. Sei Investments Co. now owns 59,402 shares of the company’s stock worth $5,055,000 after buying an additional 352 shares during the period. US Bancorp DE lifted its stake in Advance Auto Parts by 10.3% in the first quarter. US Bancorp DE now owns 12,767 shares of the company’s stock valued at $1,086,000 after buying an additional 1,197 shares during the last quarter. Finally, Bleakley Financial Group LLC acquired a new stake in shares of Advance Auto Parts in the first quarter valued at approximately $207,000. Hedge funds and other institutional investors own 88.75% of the company’s stock.

Advance Auto Parts Announces Dividend

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

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.