Research Analysts Set Expectations for AAP Q2 Earnings

Advance Auto Parts, Inc. (NYSE:AAP - Free Report) - Research analysts at DA Davidson issued their Q2 2025 earnings per share estimates for shares of Advance Auto Parts in a research report issued to clients and investors on Friday, May 23rd. DA Davidson analyst M. Baker expects that the company will post earnings of $0.47 per share for the quarter. DA Davidson has a "Neutral" rating and a $47.00 price target on the stock. The consensus estimate for Advance Auto Parts' current full-year earnings is ($0.46) per share. DA Davidson also issued estimates for Advance Auto Parts' FY2025 earnings at $2.04 EPS.

Advance Auto Parts (NYSE:AAP - Get Free Report) last released its earnings results on Thursday, May 22nd. The company reported ($0.22) EPS for the quarter, topping analysts' consensus estimates of ($0.81) by $0.59. Advance Auto Parts had a net margin of 0.41% and a return on equity of 1.82%. The firm had revenue of $2.58 billion during the quarter, compared to analyst estimates of $2.51 billion. During the same quarter in the previous year, the business earned $0.67 EPS. The business's quarterly revenue was down 24.2% compared to the same quarter last year.

Several other equities analysts have also recently weighed in on AAP. Royal Bank of Canada decreased their price objective on Advance Auto Parts from $50.00 to $44.00 and set a "sector perform" rating for the company in a report on Thursday, February 27th. Wedbush reissued an "outperform" rating and issued a $55.00 price target on shares of Advance Auto Parts in a report on Monday, March 3rd. Raymond James upped their price target on shares of Advance Auto Parts to $49.17 and gave the company a "hold" rating in a research note on Monday. Roth Capital set a $50.00 price objective on Advance Auto Parts and gave the stock a "neutral" rating in a research note on Wednesday. Finally, Cowen reiterated a "hold" rating on shares of Advance Auto Parts in a research report on Friday, May 23rd. One equities research analyst has rated the stock with a sell rating, nineteen have issued a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $46.11.

Advance Auto Parts Stock Up 0.5%

Shares of Advance Auto Parts stock traded up $0.24 on Monday, hitting $48.60. The company had a trading volume of 438,539 shares, compared to its average volume of 2,451,686. The stock has a 50-day moving average of $35.60 and a 200-day moving average of $40.67. The firm has a market capitalization of $2.91 billion, a P/E ratio of 66.36, a P/E/G ratio of 1.98 and a beta of 0.93. 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 has a twelve month low of $28.89 and a twelve month high of $71.09.

Advance Auto Parts Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 25th. Shareholders of record on Friday, July 11th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date is Friday, July 11th. Advance Auto Parts's dividend payout ratio (DPR) is -17.04%.

Insider Activity at Advance Auto Parts

In other news, Director Eugene I. Lee, Jr. acquired 14,640 shares of the business's stock in a transaction dated Thursday, March 6th. The shares were purchased at an average price of $34.15 per share, with a total value of $499,956.00. Following the transaction, the director now directly owns 34,070 shares in the company, valued at approximately $1,163,490.50. This represents a 75.35% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Shane M. Okelly bought 1,500 shares of Advance Auto Parts stock in a transaction that occurred on Tuesday, March 11th. The shares were acquired at an average cost of $36.79 per share, for a total transaction 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. This represents a 0.83% increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.35% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of AAP. Hexagon Capital Partners LLC raised its position in shares of Advance Auto Parts by 189.0% during the 1st quarter. Hexagon Capital Partners LLC now owns 711 shares of the company's stock worth $28,000 after purchasing an additional 465 shares during the last quarter. Allworth Financial LP raised its stake in Advance Auto Parts by 1,543.4% during the fourth quarter. Allworth Financial LP now owns 871 shares of the company's stock worth $40,000 after purchasing an additional 818 shares during the period. Vision Financial Markets LLC acquired a new stake in Advance Auto Parts during the fourth quarter worth $42,000. Advisory Services Network LLC acquired a new position in Advance Auto Parts in the fourth quarter valued at about $46,000. Finally, Financial Management Professionals Inc. purchased a new position in shares of Advance Auto Parts during the 1st quarter worth approximately $49,000. Institutional investors and hedge funds own 88.75% of the company's stock.

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.