Advance Auto Parts (AAP) Projected to Announce Earnings on Thursday

Key Points

• Advance Auto Parts is expected to report Q2 2026 results before the market opens on August 20. Analysts project earnings of $0.805 per share on $2.04 billion in revenue, compared with the company’s full-year EPS guidance of $2.40–$3.10.
• The company’s latest quarter exceeded expectations, with EPS of $0.77 versus the $0.39 consensus estimate and revenue of $2.61 billion. Revenue increased 1.2% year over year, though net margin remained low at 0.51%.
• AAP shares recently traded at $53.64, while analysts maintain an average “Hold” rating and a $58.97 target price. The company also pays a quarterly dividend of $0.25, equivalent to a 1.9% yield, but its payout ratio is elevated at 138.89%.

Advance Auto Parts (NYSE:AAP - Get Free Report) is projected to post its Q2 2026 results before the market opens on Thursday, August 20th. Analysts expect the company to announce earnings of $0.8050 per share and revenue of $2.0397 billion for the quarter. Advance Auto Parts has set its FY 2026 guidance at 2.400-3.100 EPS. Individuals can find conference call details on the company's upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, August 20, 2026 at 8:00 AM ET.

Advance Auto Parts (NYSE:AAP - Get Free Report) last issued its quarterly earnings data on Thursday, May 21st. The company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.38. The firm had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.05 billion. Advance Auto Parts had a net margin of 0.51% and a return on equity of 8.95%. Advance Auto Parts's revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.40 EPS. On average, analysts expect Advance Auto Parts to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Advance Auto Parts Trading Up 1.3%

Shares of AAP stock opened at $53.64 on Thursday. Advance Auto Parts has a 1-year low of $37.89 and a 1-year high of $65.21. The firm has a market cap of $3.24 billion, a PE ratio of 74.50, a price-to-earnings-growth ratio of 0.87 and a beta of 1.03. The company has a 50-day moving average of $57.43 and a two-hundred day moving average of $55.17. The company has a debt-to-equity ratio of 1.54, a current ratio of 1.78 and a quick ratio of 0.85.

Advance Auto Parts Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 24th. Stockholders of record on Friday, July 10th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Friday, July 10th. Advance Auto Parts's dividend payout ratio is currently 138.89%.

Institutional Investors Weigh In On Advance Auto Parts

A number of large investors have recently modified their holdings of AAP. Price T Rowe Associates Inc. MD lifted its position in shares of Advance Auto Parts by 18.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 7,474,546 shares of the company's stock worth $293,751,000 after buying an additional 1,190,094 shares during the last quarter. Maple Rock Capital Partners Inc. grew its position in shares of Advance Auto Parts by 508.2% in the 3rd quarter. Maple Rock Capital Partners Inc. now owns 951,790 shares of the company's stock valued at $58,440,000 after buying an additional 795,290 shares during the last quarter. Wellington Management Group LLP purchased a new position in shares of Advance Auto Parts in the 3rd quarter valued at $33,610,000. Ameriprise Financial Inc. raised its stake in Advance Auto Parts by 196.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 679,926 shares of the company's stock worth $41,747,000 after acquiring an additional 450,738 shares in the last quarter. Finally, Estuary Capital Management LP raised its stake in Advance Auto Parts by 81.9% during the 4th quarter. Estuary Capital Management LP now owns 940,592 shares of the company's stock worth $36,965,000 after acquiring an additional 423,499 shares in the last quarter. 88.70% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft raised shares of Advance Auto Parts to a "buy" rating in a research report on Friday, May 22nd. Evercore set a $65.00 target price on Advance Auto Parts in a research report on Tuesday, August 4th. UBS Group upped their price target on Advance Auto Parts from $60.00 to $65.00 and gave the stock a "neutral" rating in a research note on Friday, May 22nd. Truist Financial raised their price target on Advance Auto Parts from $55.00 to $62.00 and gave the stock a "hold" rating in a research report on Thursday, May 21st. Finally, TD Cowen reaffirmed a "hold" rating on shares of Advance Auto Parts in a research note on Friday, May 22nd. Two research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Advance Auto Parts has an average rating of "Hold" and an average target price of $58.97.

About Advance Auto Parts

Advance Auto Parts, Inc NYSE: AAP is a leading distributor of automotive aftermarket parts, accessories, and maintenance items. The company operates a network of stores and distribution centers across North America, serving both do-it-yourself (DIY) customers and professional service providers. Advance Auto Parts focuses on offering a comprehensive selection of replacement parts, batteries, engine components, and performance products for cars and light trucks.

The company's product portfolio includes engine oils and lubricants, cooling system components, brake and suspension parts, filters, belts, hoses, and diagnostic tools.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source