Zacks Research Issues Pessimistic Outlook for AAP Earnings

Advance Auto Parts, Inc. (NYSE:AAP - Free Report) - Equities researchers at Zacks Research reduced their Q3 2025 earnings per share (EPS) estimates for shares of Advance Auto Parts in a note issued to investors on Thursday, June 5th. Zacks Research analyst R. Department now forecasts that the company will post earnings of $0.86 per share for the quarter, down from their previous estimate of $0.99. 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' FY2025 earnings at $1.69 EPS.

Other analysts also recently issued reports about the company. The Goldman Sachs Group restated a "neutral" rating and issued a $48.00 price target (up from $43.00) on shares of Advance Auto Parts in a research note on Thursday, May 22nd. Wedbush reaffirmed an "outperform" rating and set a $55.00 price objective on shares of Advance Auto Parts in a report on Monday, March 3rd. Redburn Partners upgraded Advance Auto Parts from a "sell" rating to a "neutral" rating and set a $45.00 price target for the company in a research report on Tuesday, June 3rd. UBS Group reiterated a "neutral" rating and issued a $50.00 price objective (up from $36.00) on shares of Advance Auto Parts in a research report on Friday, May 23rd. Finally, Roth Capital set a $50.00 target price on shares of Advance Auto Parts and gave the company a "neutral" rating in a report on Wednesday, May 28th. One equities research analyst has rated the stock with a sell rating, twenty have issued a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $46.01.

Advance Auto Parts Stock Performance

Shares of AAP traded down $0.86 during mid-day trading on Monday, hitting $50.66. 1,829,267 shares of the company's stock were exchanged, compared to its average volume of 2,471,090. The firm has a market capitalization of $3.04 billion, a P/E ratio of 69.40, a P/E/G ratio of 1.98 and a beta of 1.06. Advance Auto Parts has a fifty-two week low of $28.89 and a fifty-two week high of $67.03. The business's 50 day moving average is $37.98 and its two-hundred day moving average is $41.40. 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) earnings per share for the quarter, topping the consensus estimate of ($0.81) by $0.59. Advance Auto Parts had a return on equity of 1.82% and a net margin of 0.41%. The business had revenue of $2.58 billion for the quarter, compared to analyst estimates of $2.51 billion. During the same quarter last year, the company earned $0.67 EPS. The business's quarterly revenue was down 24.2% on a year-over-year basis.

Advance Auto Parts Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 25th. Stockholders of record on Friday, July 11th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.97%. The ex-dividend date is Friday, July 11th. Advance Auto Parts's payout ratio is currently -17.04%.

Institutional Trading of Advance Auto Parts

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