Research Analysts Offer Predictions for AAP Q1 Earnings

Advance Auto Parts, Inc. (NYSE:AAP) – Equities researchers at Zacks Research cut their Q1 2025 earnings per share (EPS) estimates for Advance Auto Parts in a research note issued to investors on Wednesday, March 12th. Zacks Research analyst R. Department now forecasts that the company will earn ($0.65) per share for the quarter, down from their previous forecast of $0.07. The consensus estimate for Advance Auto Parts’ current full-year earnings is ($0.46) per share. Zacks Research also issued estimates for Advance Auto Parts’ Q2 2025 earnings at $0.86 EPS, Q3 2025 earnings at $0.99 EPS, Q4 2025 earnings at $0.66 EPS, FY2025 earnings at $1.86 EPS and Q2 2026 earnings at $0.92 EPS.

AAP has been the topic of a number of other reports. Citigroup cut their price target on Advance Auto Parts from $47.00 to $40.00 and set a “neutral” rating on the stock in a report on Thursday, February 27th. Royal Bank of Canada cut their price target on Advance Auto Parts from $50.00 to $44.00 and set a “sector perform” rating on the stock in a report on Thursday, February 27th. The Goldman Sachs Group cut their price target on Advance Auto Parts from $60.00 to $43.00 and set a “neutral” rating on the stock in a report on Friday, November 15th. Wedbush restated an “outperform” rating and set a $55.00 price target on shares of Advance Auto Parts in a report on Monday, March 3rd. Finally, Wells Fargo & Company increased their price target on Advance Auto Parts from $40.00 to $45.00 and gave the stock an “equal weight” rating in a report on Monday, January 6th. One equities research 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’s stock. Based on data from MarketBeat.com, Advance Auto Parts has a consensus rating of “Hold” and an average target price of $45.13.

Advance Auto Parts Stock Performance

Shares of AAP stock opened at $38.04 on Friday. The stock has a market capitalization of $2.27 billion, a PE ratio of 52.11, a PEG ratio of 1.98 and a beta of 1.27. Advance Auto Parts has a one year low of $33.08 and a one year high of $88.56. The business’s 50 day simple moving average is $44.37 and its 200 day simple moving average is $42.33. 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 Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Friday, April 11th will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 2.63%. The ex-dividend date of this dividend is Friday, April 11th. Advance Auto Parts’s payout ratio is currently -17.86%.

Insider Activity at Advance Auto Parts

In related news, Director Eugene I. Lee, Jr. purchased 14,640 shares of the stock in a transaction that occurred on Thursday, March 6th. The stock was acquired at an average cost of $34.15 per share, with a total value of $499,956.00. Following the transaction, the director now owns 34,070 shares of the company’s stock, valued at $1,163,490.50. This represents a 75.35 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Shane M. Okelly purchased 1,500 shares of the stock in a transaction that occurred on Tuesday, March 11th. The stock was bought at an average cost of $36.79 per share, with a total value of $55,185.00. Following the completion of the transaction, the chief executive officer now directly owns 183,121 shares in the company, valued at $6,737,021.59. The trade was a 0.83 % increase in their position. The disclosure for this purchase can be found here. 0.35% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Advance Auto Parts

Several large investors have recently made changes to their positions in the business. Price T Rowe Associates Inc. MD increased its position in shares of Advance Auto Parts by 34.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 6,685,541 shares of the company’s stock valued at $316,160,000 after purchasing an additional 1,706,328 shares during the last quarter. Fuller & Thaler Asset Management Inc. increased its position in shares of Advance Auto Parts by 11.2% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 3,449,554 shares of the company’s stock valued at $163,129,000 after purchasing an additional 347,587 shares during the last quarter. Pzena Investment Management LLC increased its position in shares of Advance Auto Parts by 12.5% during the 4th quarter. Pzena Investment Management LLC now owns 3,270,897 shares of the company’s stock valued at $154,681,000 after purchasing an additional 362,239 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Advance Auto Parts by 12.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,728,289 shares of the company’s stock valued at $129,016,000 after purchasing an additional 297,741 shares during the last quarter. Finally, Eminence Capital LP purchased a new stake in shares of Advance Auto Parts during the 4th quarter valued at $87,214,000. 88.75% of the stock is owned by hedge funds and other institutional investors.

Advance Auto Parts Company Profile

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.