Zacks Research Has Positive Outlook for AAP FY2025 Earnings

Advance Auto Parts, Inc. (NYSE:AAP) – Research analysts at Zacks Research boosted their FY2025 earnings per share estimates for shares of Advance Auto Parts in a research report issued to clients and 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 posted its quarterly earnings data 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 firm had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.67 billion. During the same quarter last year, the business earned $1.43 earnings per share. The business’s quarterly revenue was down .1% on a year-over-year basis.

Other equities analysts also recently issued reports about the company. Wells Fargo & Company cut their target price on Advance Auto Parts from $50.00 to $40.00 and set an “equal weight” rating for the company in a research note on Friday, September 13th. UBS Group raised their target price on Advance Auto Parts from $42.00 to $44.00 and gave the company a “neutral” rating in a report on Friday. Mizuho reaffirmed 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. DA Davidson reiterated a “neutral” rating and issued a $45.00 price objective on shares of Advance Auto Parts in a research note on Friday. Finally, Roth Mkm restated a “neutral” rating and set a $40.00 target price on shares of Advance Auto Parts in a research report on Wednesday, October 16th. One investment analyst has rated the stock with a sell rating, fifteen have issued a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, Advance Auto Parts presently has a consensus rating of “Hold” and an average target price of $49.14.

Advance Auto Parts Trading Down 8.5 %

NYSE AAP opened at $37.68 on Friday. The company has a quick ratio of 0.30, a current ratio of 1.23 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $2.25 billion, a P/E ratio of 51.62, a P/E/G ratio of 1.33 and a beta of 1.17. Advance Auto Parts has a 52-week low of $35.59 and a 52-week high of $88.56. The firm has a 50-day moving average price of $39.02 and a 200 day moving average price of $54.37.

Advance Auto Parts Dividend Announcement

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

Hedge Funds Weigh In On Advance Auto Parts

Institutional investors and hedge funds have recently modified their holdings of the company. Allspring Global Investments Holdings LLC purchased a new position in shares of Advance Auto Parts during the 1st quarter worth $34,000. Mather Group LLC. boosted its stake in Advance Auto Parts by 1,241.7% in the 2nd quarter. Mather Group LLC. now owns 644 shares of the company’s stock worth $41,000 after buying an additional 596 shares during the last quarter. Ashton Thomas Private Wealth LLC purchased a new stake in Advance Auto Parts in the 2nd quarter valued at about $41,000. Blue Trust Inc. increased its stake in shares of Advance Auto Parts by 56.7% during the 3rd quarter. Blue Trust Inc. now owns 1,205 shares of the company’s stock valued at $47,000 after acquiring an additional 436 shares during the last quarter. Finally, AM Squared Ltd purchased a new position in shares of Advance Auto Parts during the 2nd quarter worth about $63,000. Hedge funds and other institutional investors own 88.75% of the company’s stock.

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.