What is Roth Capital’s Estimate for AAP FY2026 Earnings?

Advance Auto Parts, Inc. (NYSE:AAP) – Equities researchers at Roth Capital lifted their FY2026 earnings per share (EPS) estimates for shares of Advance Auto Parts in a research note issued on Friday, November 15th. Roth Capital analyst S. Stember now forecasts that the company will post earnings per share of $3.53 for the year, up from their previous estimate of $3.50. Roth Capital has a “Hold” rating on the stock. The consensus estimate for Advance Auto Parts’ current full-year earnings is $2.26 per share.

Several other analysts also recently issued reports on AAP. Wells Fargo & Company decreased their target price on 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. Roth Mkm reaffirmed a “neutral” rating and issued a $40.00 price objective on shares of Advance Auto Parts in a research note on Wednesday, October 16th. Truist Financial reduced their price objective on Advance Auto Parts from $41.00 to $39.00 and set a “hold” rating on the stock in a research note on Friday, November 15th. Evercore ISI reduced their price objective on Advance Auto Parts from $71.00 to $67.00 and set an “in-line” rating on the stock in a research note on Tuesday, October 22nd. Finally, Mizuho reaffirmed a “neutral” rating and issued a $38.00 price objective (down previously from $45.00) on shares of Advance Auto Parts in a research note on Thursday, September 12th. One research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, Advance Auto Parts presently has a consensus rating of “Hold” and a consensus target price of $49.14.

Advance Auto Parts Stock Down 4.0 %

Shares of AAP opened at $38.50 on Monday. The business’s 50 day moving average is $39.05 and its 200 day moving average is $53.60. The company has a market capitalization of $2.30 billion, a PE ratio of 52.73, a price-to-earnings-growth ratio of 1.19 and a beta of 1.17. Advance Auto Parts has a 12-month low of $35.59 and a 12-month high of $88.56. The company has a current ratio of 1.34, a quick ratio of 0.62 and a debt-to-equity ratio of 0.69.

Advance Auto Parts (NYSE:AAP) last issued its earnings results on Thursday, November 14th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.53). The business had revenue of $2.15 billion for 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 firm’s revenue for the quarter was down 3.2% compared to the same quarter last year. During the same period last year, the business posted ($0.82) EPS.

Advance Auto Parts Dividend Announcement

The firm also recently disclosed 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 2.60%. The ex-dividend date is Friday, January 10th. Advance Auto Parts’s payout ratio is currently 136.99%.

Hedge Funds Weigh In On Advance Auto Parts

Large investors have recently bought and sold shares of the business. Wolverine Asset Management LLC boosted its holdings in Advance Auto Parts by 212.4% during the 3rd quarter. Wolverine Asset Management LLC now owns 31,357 shares of the company’s stock valued at $1,223,000 after acquiring an additional 21,320 shares during the period. BW Gestao de Investimentos Ltda. purchased a new position in Advance Auto Parts during the 2nd quarter valued at $7,916,000. Renaissance Technologies LLC boosted its holdings in Advance Auto Parts by 26.9% during the 2nd quarter. Renaissance Technologies LLC now owns 185,450 shares of the company’s stock valued at $11,745,000 after acquiring an additional 39,300 shares during the period. International Assets Investment Management LLC purchased a new position in Advance Auto Parts during the 3rd quarter valued at $17,477,000. Finally, AQR Capital Management LLC boosted its holdings in Advance Auto Parts by 31.0% during the 2nd quarter. AQR Capital Management LLC now owns 233,521 shares of the company’s stock valued at $14,740,000 after acquiring an additional 55,226 shares during the period. 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.