Q1 EPS Estimate for Advance Auto Parts Lowered by Analyst

Advance Auto Parts, Inc. (NYSE:AAP) – Analysts at Zacks Research dropped their Q1 2025 earnings per share (EPS) estimates for shares of Advance Auto Parts in a research note issued to investors on Wednesday, December 11th. Zacks Research analyst L. Shahu now anticipates that the company will post earnings of $0.07 per share for the quarter, down from their prior forecast of $0.20. The consensus estimate for Advance Auto Parts’ current full-year earnings is ($0.54) per share. Zacks Research also issued estimates for Advance Auto Parts’ Q2 2025 earnings at $0.28 EPS and FY2025 earnings at $1.24 EPS.

Other equities research analysts have also issued research reports about the stock. Wells Fargo & Company dropped their price target on shares of Advance Auto Parts from $50.00 to $40.00 and set an “equal weight” rating on the stock in a research note on Friday, September 13th. Evercore ISI raised their target price on Advance Auto Parts from $45.00 to $60.00 and gave the company a “hold” rating in a research report on Wednesday, November 20th. Mizuho reiterated a “neutral” rating and set a $38.00 price target (down previously from $45.00) on shares of Advance Auto Parts in a research report on Thursday, September 12th. BMO Capital Markets assumed coverage on Advance Auto Parts in a report on Friday, December 13th. They set a “market perform” rating and a $45.00 price target on the stock. Finally, UBS Group lifted 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. One investment 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’s stock. According to MarketBeat, Advance Auto Parts presently has a consensus rating of “Hold” and an average price target of $48.40.

Advance Auto Parts Trading Up 1.1 %

Shares of NYSE:AAP opened at $44.47 on Monday. The company has a quick ratio of 0.62, a current ratio of 1.34 and a debt-to-equity ratio of 0.69. The company’s 50-day moving average price is $40.34 and its 200 day moving average price is $49.75. The company has a market cap of $2.66 billion, a PE ratio of 60.90 and a beta of 1.21. Advance Auto Parts has a fifty-two week low of $35.59 and a fifty-two week high of $88.56.

Advance Auto Parts (NYSE:AAP) last posted its earnings results on Thursday, November 14th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.53). The company had revenue of $2.15 billion during the quarter, compared to the consensus estimate of $2.62 billion. Advance Auto Parts had a net margin of 0.41% and a return on equity of 1.82%. The business’s quarterly revenue was down 3.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.82) earnings per share.

Advance Auto Parts Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 24th. Investors of record on Friday, January 10th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date of this dividend is Friday, January 10th. Advance Auto Parts’s payout ratio is 136.99%.

Insiders Place Their Bets

In other Advance Auto Parts news, EVP Tammy M. Finley sold 1,276 shares of the business’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $44.06, for a total transaction of $56,220.56. Following the sale, the executive vice president now owns 24,266 shares in the company, valued at approximately $1,069,159.96. The trade was a 5.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.35% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC grew its position in Advance Auto Parts by 85.4% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 4,625 shares of the company’s stock worth $293,000 after purchasing an additional 2,131 shares in the last quarter. Blue Trust Inc. boosted its position in shares of 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 buying an additional 382 shares during the period. Investment House LLC purchased a new position in shares of Advance Auto Parts during the second quarter valued at $1,983,000. Fifth Third Bancorp raised its position in Advance Auto Parts by 130.1% during the second quarter. Fifth Third Bancorp now owns 11,817 shares of the company’s stock valued at $748,000 after buying an additional 6,682 shares during the period. Finally, Louisiana State Employees Retirement System lifted its stake in Advance Auto Parts by 2.4% in the 2nd quarter. Louisiana State Employees Retirement System now owns 30,000 shares of the company’s stock worth $1,900,000 after acquiring an additional 700 shares in the last quarter. 88.75% of the stock is owned by hedge funds and other institutional investors.

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.