Advance Auto Parts (AAP) to Release Earnings on Thursday

Key Points

• Advance Auto Parts is set to announce its Q2 2025 earnings on August 14th, with analysts predicting earnings of $0.59 per share and revenue of $1.97 billion.
• Shares of AAP saw a 5.9% increase recently, with the stock currently trading at $60.45 and a market cap of $3.62 billion.
• The company has a negative return on equity of 1.76% and reported a significant decline in quarterly revenue, down 24.2% year-over-year.

Advance Auto Parts (NYSE:AAP - Get Free Report) will likely be releasing its Q2 2025 earnings data before the market opens on Thursday, August 14th. Analysts expect Advance Auto Parts to post earnings of $0.59 per share and revenue of $1.97 billion for the quarter. Advance Auto Parts has set its FY 2025 guidance at 1.500-2.500 EPS.

Advance Auto Parts (NYSE:AAP - Get Free Report) last posted its earnings results on Thursday, May 22nd. The company reported ($0.22) EPS for the quarter, topping the consensus estimate of ($0.81) by $0.59. The company had revenue of $2.58 billion during the quarter, compared to the consensus estimate of $2.51 billion. Advance Auto Parts had a negative net margin of 3.74% and a negative return on equity of 1.76%. The company's revenue for the quarter was down 24.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.67 earnings per share. On average, analysts expect Advance Auto Parts to post $0 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Advance Auto Parts Stock Down 3.5%

Shares of NYSE AAP traded down $2.12 during mid-day trading on Thursday, reaching $58.31. 2,155,548 shares of the company traded hands, compared to its average volume of 2,592,960. The company's fifty day moving average is $54.21 and its two-hundred day moving average is $44.23. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.49 and a current ratio of 1.27. Advance Auto Parts has a fifty-two week low of $28.89 and a fifty-two week high of $70.00. The stock has a market cap of $3.49 billion, a PE ratio of -9.93 and a beta of 1.05.

Advance Auto Parts Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 25th. Stockholders of record on Friday, July 11th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Friday, July 11th. Advance Auto Parts's dividend payout ratio is currently -17.04%.

Insider Activity

In related news, SVP Jason Hand sold 948 shares of the company's stock in a transaction on Friday, June 20th. The shares were sold at an average price of $48.52, for a total value of $45,996.96. Following the completion of the transaction, the senior vice president directly owned 9,876 shares of the company's stock, valued at approximately $479,183.52. This represents a 8.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.35% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Advance Auto Parts

Several large investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. lifted its holdings in Advance Auto Parts by 327.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 362,918 shares of the company's stock worth $14,230,000 after purchasing an additional 278,066 shares during the last quarter. Royal Bank of Canada grew its stake in Advance Auto Parts by 107.2% during the first quarter. Royal Bank of Canada now owns 79,558 shares of the company's stock worth $3,119,000 after buying an additional 41,157 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Advance Auto Parts by 14.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 180,979 shares of the company's stock valued at $7,096,000 after acquiring an additional 23,018 shares during the last quarter. Institutional investors and hedge funds own 88.75% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on AAP shares. Citigroup raised their price target on shares of Advance Auto Parts from $49.00 to $60.00 and gave the stock a "neutral" rating in a research report on Friday, July 25th. Cowen reaffirmed a "hold" rating on shares of Advance Auto Parts in a report on Friday, May 23rd. UBS Group reaffirmed a "neutral" rating and set a $50.00 price target (up from $36.00) on shares of Advance Auto Parts in a report on Friday, May 23rd. Redburn Atlantic raised shares of Advance Auto Parts from a "sell" rating to a "neutral" rating and boosted their target price for the stock from $28.00 to $45.00 in a research note on Tuesday, June 3rd. Finally, Morgan Stanley upped their price target on Advance Auto Parts from $45.00 to $48.00 and gave the company an "equal weight" rating in a research note on Friday, May 23rd. Three analysts have rated the stock with a sell rating, nineteen have issued a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $48.53.

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.