Wedbush Predicts Advance Auto Parts’ Q2 Earnings (NYSE:AAP)

Advance Auto Parts, Inc. (NYSE:AAP) – Investment analysts at Wedbush dropped their Q2 2025 earnings per share estimates for Advance Auto Parts in a research report issued to clients and investors on Thursday, February 27th. Wedbush analyst S. Basham now forecasts that the company will post earnings per share of $0.86 for the quarter, down from their prior forecast of $0.93. Wedbush has a “Outperform” rating and a $55.00 price objective on the stock. The consensus estimate for Advance Auto Parts’ current full-year earnings is ($0.46) per share. Wedbush also issued estimates for Advance Auto Parts’ FY2026 earnings at $3.91 EPS.

AAP has been the topic of several other reports. Truist Financial dropped their price target on shares of Advance Auto Parts from $39.00 to $34.00 and set a “hold” rating on the stock in a research note on Thursday. The Goldman Sachs Group cut their price target on shares of Advance Auto Parts from $60.00 to $43.00 and set a “neutral” rating on the stock in a research note on Friday, November 15th. UBS Group upped their price objective on shares of Advance Auto Parts from $42.00 to $44.00 and gave the company a “neutral” rating in a research note on Friday, November 15th. Royal Bank of Canada cut their target price on Advance Auto Parts from $50.00 to $44.00 and set a “sector perform” rating on the stock in a research report on Thursday. Finally, Citigroup decreased their target price on Advance Auto Parts from $47.00 to $40.00 and set a “neutral” rating for the company in a research report on Thursday. One research analyst has rated the stock with a sell rating, sixteen have issued a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $46.69.

Advance Auto Parts Trading Down 2.0 %

AAP opened at $36.96 on Friday. The business’s 50-day simple moving average is $46.11 and its 200-day simple moving average is $43.93. The company has a market cap of $2.21 billion, a P/E ratio of 50.62, a PEG ratio of 1.98 and a beta of 1.15. Advance Auto Parts has a one year low of $35.59 and a one year high of $88.56. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.62 and a current ratio of 1.34.

Advance Auto Parts Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Friday, April 11th will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 2.71%. The ex-dividend date of this dividend is Friday, April 11th. Advance Auto Parts’s payout ratio is 136.99%.

Insider Buying and Selling at Advance Auto Parts

In other news, EVP Tammy M. Finley sold 1,276 shares of the stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $44.06, for a total value of $56,220.56. Following the completion of the transaction, the executive vice president now owns 24,266 shares in the company, valued at $1,069,159.96. This trade represents a 5.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.35% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Eminence Capital LP acquired a new stake in shares of Advance Auto Parts during the 4th quarter valued at approximately $87,214,000. Price T Rowe Associates Inc. MD increased its stake in Advance Auto Parts by 34.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 6,685,541 shares of the company’s stock valued at $316,160,000 after purchasing an additional 1,706,328 shares in the last quarter. Pzena Investment Management LLC raised its holdings in Advance Auto Parts by 140.3% during the third quarter. Pzena Investment Management LLC now owns 2,908,658 shares of the company’s stock worth $113,409,000 after purchasing an additional 1,698,155 shares during the last quarter. Cooper Creek Partners Management LLC purchased a new stake in Advance Auto Parts during the fourth quarter worth $75,055,000. Finally, Marshall Wace LLP grew its holdings in Advance Auto Parts by 2,585.1% in the fourth quarter. Marshall Wace LLP now owns 1,353,912 shares of the company’s stock valued at $64,026,000 after purchasing an additional 1,303,488 shares during the last quarter. 88.75% of the stock is currently 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.