Advance Auto Parts (NYSE:AAP) Releases FY 2025 Earnings Guidance

Advance Auto Parts (NYSE:AAP) issued an update on its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 1.500-2.500 for the period, compared to the consensus earnings per share estimate of 1.560. The company issued revenue guidance of $8.4 billion-$8.6 billion, compared to the consensus revenue estimate of $8.5 billion.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on AAP shares. 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, November 15th. Wedbush reaffirmed an “outperform” rating and issued a $55.00 price target on shares of Advance Auto Parts in a research note on Friday, November 15th. Truist Financial reduced their price objective on Advance Auto Parts from $39.00 to $34.00 and set a “hold” rating for the company in a research report on Thursday. Evercore ISI upped their target price on Advance Auto Parts from $45.00 to $60.00 and gave the stock a “hold” rating in a research report on Wednesday, November 20th. Finally, BMO Capital Markets cut their price target on Advance Auto Parts from $45.00 to $40.00 and set a “market perform” rating for the company in a research note on Thursday. One investment analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $46.69.

Advance Auto Parts Stock Performance

Shares of Advance Auto Parts stock traded up $0.15 on Friday, reaching $37.11. The stock had a trading volume of 172,090 shares, compared to its average volume of 2,047,741. The stock has a market cap of $2.22 billion, a P/E ratio of 51.13, a price-to-earnings-growth ratio of 1.98 and a beta of 1.15. Advance Auto Parts has a fifty-two week low of $35.59 and a fifty-two week 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. The business’s 50-day moving average price is $46.11 and its two-hundred day moving average price is $43.93.

Advance Auto Parts Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Friday, April 11th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, April 11th. This represents a $1.00 annualized dividend and a yield of 2.70%. 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 stock in a transaction on 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 sale, the executive vice president now directly owns 24,266 shares of the company’s stock, valued at $1,069,159.96. This represents a 5.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.35% 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.