Q1 EPS Forecast for Advance Auto Parts Increased by Analyst

Advance Auto Parts, Inc. (NYSE:AAP - Free Report) - Zacks Research upped their Q1 2026 earnings per share estimates for shares of Advance Auto Parts in a research report issued to clients and investors on Tuesday, May 6th. Zacks Research analyst R. Department now forecasts that the company will post earnings per share of $0.77 for the quarter, up from their previous estimate of $0.76. 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 2026 earnings at $0.94 EPS, Q3 2026 earnings at $0.88 EPS, Q4 2026 earnings at $0.79 EPS, FY2026 earnings at $3.38 EPS, Q1 2027 earnings at $1.27 EPS and FY2027 earnings at $5.49 EPS.

A number of other brokerages have also recently weighed in on AAP. Royal Bank of Canada decreased their price target on shares of Advance Auto Parts from $50.00 to $44.00 and set a "sector perform" rating for the company in a research note on Thursday, February 27th. Evercore ISI decreased their target price on shares of Advance Auto Parts from $37.00 to $35.00 and set an "in-line" rating for the company in a research note on Tuesday, March 11th. Wedbush restated an "outperform" rating and issued a $55.00 price target on shares of Advance Auto Parts in a research report on Monday, March 3rd. Citigroup decreased their price objective on Advance Auto Parts from $47.00 to $40.00 and set a "neutral" rating for the company in a research report on Thursday, February 27th. Finally, BMO Capital Markets lowered their target price on Advance Auto Parts from $45.00 to $40.00 and set a "market perform" rating on the stock in a research note on Thursday, February 27th. One analyst has rated the stock with a sell rating, sixteen have given a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $45.13.

Advance Auto Parts Stock Performance

NYSE AAP traded up $2.45 on Wednesday, reaching $33.33. The stock had a trading volume of 1,391,854 shares, compared to its average volume of 2,259,268. The stock has a market cap of $1.99 billion, a P/E ratio of 45.66, a price-to-earnings-growth ratio of 1.98 and a beta of 0.93. Advance Auto Parts has a 12-month low of $28.89 and a 12-month high of $77.49. The business's 50-day moving average price is $34.61 and its 200 day moving average price is $40.42. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.62 and a current ratio of 1.34.

Institutional Trading of Advance Auto Parts

Institutional investors have recently made changes to their positions in the stock. Blue Trust Inc. boosted its holdings in Advance Auto Parts by 75.9% in the fourth quarter. Blue Trust Inc. now owns 2,119 shares of the company's stock valued at $100,000 after acquiring an additional 914 shares during the last quarter. Annandale Capital LLC grew its holdings in shares of Advance Auto Parts by 46.6% during the 4th quarter. Annandale Capital LLC now owns 109,241 shares of the company's stock worth $5,166,000 after purchasing an additional 34,746 shares during the period. Moody National Bank Trust Division acquired a new stake in Advance Auto Parts during the 4th quarter worth approximately $1,196,000. Raymond James Financial Inc. acquired a new stake in Advance Auto Parts during the 4th quarter worth approximately $8,822,000. Finally, Commonwealth Equity Services LLC raised its holdings in Advance Auto Parts by 97.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 305,622 shares of the company's stock valued at $14,453,000 after buying an additional 150,604 shares during the period. 88.75% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Advance Auto Parts news, Director Eugene I. Lee, Jr. bought 14,640 shares of the company's stock in a transaction that occurred on Thursday, March 6th. The stock was purchased at an average cost of $34.15 per share, for a total transaction of $499,956.00. Following the completion of the purchase, the director now owns 34,070 shares of the company's stock, valued at $1,163,490.50. This trade represents a 75.35% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Shane M. Okelly purchased 1,500 shares of the stock in a transaction 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 acquisition, the chief executive officer now directly owns 183,121 shares in the company, valued at $6,737,021.59. This trade represents a 0.83% increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 0.35% of the company's stock.

Advance Auto Parts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, April 25th. Shareholders of record on Friday, April 11th were issued a $0.25 dividend. The ex-dividend date was Friday, April 11th. This represents a $1.00 annualized dividend and a yield of 3.00%. Advance Auto Parts's dividend payout ratio (DPR) is presently -17.86%.

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.