Q4 EPS Forecast for Advance Auto Parts Boosted by Analyst

Advance Auto Parts, Inc. (NYSE:AAP) – Equities research analysts at Zacks Research increased their Q4 2026 earnings estimates for Advance Auto Parts in a research report issued to clients and investors on Wednesday, January 15th. Zacks Research analyst R. Department now anticipates that the company will earn $0.74 per share for the quarter, up from their previous forecast of $0.63. The consensus estimate for Advance Auto Parts’ current full-year earnings is ($0.54) per share.

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

Several other analysts have also weighed in on the company. Wedbush restated an “outperform” rating and issued a $55.00 price objective on shares of Advance Auto Parts in a report on Friday, November 15th. The Goldman Sachs Group lowered their price objective 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. DA Davidson reissued a “neutral” rating and set a $45.00 target price on shares of Advance Auto Parts in a research note on Friday, November 15th. Truist Financial reduced their target price on shares of Advance Auto Parts from $41.00 to $39.00 and set a “hold” rating for the company in a report on Friday, November 15th. Finally, Roth Mkm reaffirmed a “neutral” rating and issued a $40.00 price target on shares of Advance Auto Parts in a report on Wednesday, October 16th. One analyst has rated the stock with a sell rating, fifteen have given a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $47.93.

Advance Auto Parts Stock Performance

AAP opened at $44.41 on Thursday. Advance Auto Parts has a 1-year low of $35.59 and a 1-year high of $88.56. The company has a market capitalization of $2.65 billion, a price-to-earnings ratio of 60.84 and a beta of 1.16. The business has a 50 day moving average price of $43.48 and a two-hundred day moving average price of $46.85. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.34 and a quick ratio of 0.62.

Advance Auto Parts Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 24th. Stockholders of record on Friday, January 10th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.25%. The ex-dividend date is Friday, January 10th. Advance Auto Parts’s dividend payout ratio (DPR) is presently 136.99%.

Insider Activity

In related news, EVP Tammy M. Finley sold 1,276 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $44.06, for a total transaction of $56,220.56. Following the transaction, the executive vice president now owns 24,266 shares of the company’s stock, valued at approximately $1,069,159.96. This trade represents a 5.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.35% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of AAP. Versant Capital Management Inc boosted its holdings in Advance Auto Parts by 207.4% in the fourth quarter. Versant Capital Management Inc now owns 541 shares of the company’s stock worth $26,000 after purchasing an additional 365 shares in the last quarter. Blue Trust Inc. boosted 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 worth $47,000 after acquiring an additional 436 shares in the last quarter. KBC Group NV boosted its stake in shares of Advance Auto Parts by 29.1% during the 3rd quarter. KBC Group NV now owns 1,749 shares of the company’s stock worth $68,000 after acquiring an additional 394 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of Advance Auto Parts by 198.3% in the 4th quarter. GAMMA Investing LLC now owns 1,575 shares of the company’s stock valued at $74,000 after acquiring an additional 1,047 shares in the last quarter. Finally, City State Bank acquired a new stake in Advance Auto Parts in the 3rd quarter worth approximately $78,000. Institutional investors and hedge funds 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.