Advance Auto Parts (NYSE:AAP) PT Set at $50.00 by Roth Capital

Advance Auto Parts (NYSE:AAP - Get Free Report) has been given a $50.00 price target by Roth Capital in a note issued to investors on Wednesday, MarketBeat.com reports. The brokerage currently has a "neutral" rating on the stock. Roth Capital's price target points to a potential downside of 5.21% from the company's previous close. Roth Capital also issued estimates for Advance Auto Parts' Q3 2025 earnings at $0.81 EPS, Q1 2026 earnings at $0.81 EPS, Q3 2026 earnings at $1.01 EPS, Q4 2026 earnings at $0.98 EPS and FY2026 earnings at $3.60 EPS.

Several other analysts also recently commented on the company. BMO Capital Markets reaffirmed a "market perform" rating and set a $50.00 price objective (up previously from $40.00) on shares of Advance Auto Parts in a research note on Friday, May 23rd. Wedbush restated an "outperform" rating and issued a $55.00 price target on shares of Advance Auto Parts in a report on Monday, March 3rd. Truist Financial cut their price objective on Advance Auto Parts from $39.00 to $34.00 and set a "hold" rating on the stock in a report on Thursday, February 27th. 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 research report on Thursday, February 27th. Finally, Evercore ISI increased their target price on Advance Auto Parts from $35.00 to $45.00 and gave the stock an "in-line" rating in a research note on Friday, May 23rd. One analyst has rated the stock with a sell rating, nineteen have assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $46.11.

Advance Auto Parts Price Performance

Advance Auto Parts stock opened at $52.75 on Wednesday. The firm has a market capitalization of $3.16 billion, a P/E ratio of 72.26, a PEG ratio of 1.98 and a beta of 0.93. Advance Auto Parts has a 1 year low of $28.89 and a 1 year high of $71.09. The business has a 50-day moving average of $35.41 and a 200-day moving average of $40.62. The company has a current ratio of 1.34, a quick ratio of 0.62 and a debt-to-equity ratio of 0.69.

Advance Auto Parts (NYSE:AAP - Get Free Report) last issued its earnings results on Thursday, May 22nd. The company reported ($0.22) EPS for the quarter, beating the consensus estimate of ($0.81) by $0.59. The firm had revenue of $2.58 billion during the quarter, compared to the consensus estimate of $2.51 billion. Advance Auto Parts had a net margin of 0.41% and a return on equity of 1.82%. The business's quarterly revenue was down 24.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.67 earnings per share. On average, equities analysts anticipate that Advance Auto Parts will post -0.46 EPS for the current year.

Insider Transactions at Advance Auto Parts

In other Advance Auto Parts news, CEO Shane M. Okelly bought 1,500 shares of the firm's stock in a transaction that occurred on Tuesday, March 11th. The stock was acquired at an average price of $36.79 per share, with a total value of $55,185.00. Following the completion of the transaction, the chief executive officer now owns 183,121 shares in the company, valued at approximately $6,737,021.59. This trade represents a 0.83% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Eugene I. Lee, Jr. purchased 14,640 shares of the business's stock in a transaction on Thursday, March 6th. The shares were acquired at an average cost of $34.15 per share, for a total transaction of $499,956.00. Following the completion of 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 disclosure for this purchase can be found here. 0.35% of the stock is currently owned by insiders.

Institutional Trading of Advance Auto Parts

Several institutional investors and hedge funds have recently bought and sold shares of AAP. Price T Rowe Associates Inc. MD grew its stake in Advance Auto Parts by 34.3% in the fourth 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 in the last quarter. Pzena Investment Management LLC boosted its holdings in shares of Advance Auto Parts by 31.8% in the 1st quarter. Pzena Investment Management LLC now owns 4,312,508 shares of the company's stock valued at $169,093,000 after buying an additional 1,041,611 shares during the last quarter. Fuller & Thaler Asset Management Inc. grew its stake in shares of Advance Auto Parts by 3.0% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 3,552,475 shares of the company's stock valued at $139,293,000 after buying an additional 102,921 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Advance Auto Parts by 0.5% during the first quarter. Dimensional Fund Advisors LP now owns 2,741,701 shares of the company's stock worth $107,500,000 after buying an additional 13,412 shares during the last quarter. Finally, Eminence Capital LP acquired a new position in Advance Auto Parts during the fourth quarter worth $87,214,000. Institutional investors 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.