Advance Auto Parts (NYSE:AAP) will be announcing its earnings results before the market opens on Wednesday, February 21st. Analysts expect the company to announce earnings of $0.62 per share for the quarter.

Advance Auto Parts (NYSE:AAP) last issued its quarterly earnings data on Tuesday, November 14th. The company reported $1.43 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.25 by $0.18. Advance Auto Parts had a return on equity of 13.51% and a net margin of 3.75%. The business had revenue of $2.18 billion during the quarter, compared to analysts’ expectations of $2.21 billion. During the same period in the previous year, the firm posted $1.73 earnings per share. The company’s revenue was down 3.0% on a year-over-year basis. On average, analysts expect Advance Auto Parts to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Shares of Advance Auto Parts (NYSE:AAP) opened at $106.22 on Wednesday. Advance Auto Parts has a one year low of $78.81 and a one year high of $169.55. The company has a quick ratio of 0.32, a current ratio of 1.52 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $7,880.00, a price-to-earnings ratio of 22.27, a PEG ratio of 1.76 and a beta of 1.14.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 6th. Stockholders of record on Friday, March 23rd will be paid a $0.06 dividend. The ex-dividend date is Thursday, March 22nd. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.23%. Advance Auto Parts’s payout ratio is presently 5.03%.

Several research analysts recently commented on AAP shares. BTIG Research reissued a “sell” rating and set a $75.00 target price (down from $90.00) on shares of Advance Auto Parts in a research note on Wednesday, October 25th. Zacks Investment Research raised Advance Auto Parts from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 17th. Morgan Stanley reissued an “overweight” rating on shares of Advance Auto Parts in a research note on Wednesday, November 15th. Citigroup boosted their target price on Advance Auto Parts from $82.00 to $85.00 and gave the stock a “sell” rating in a research note on Wednesday, November 15th. Finally, JPMorgan Chase & Co. boosted their target price on Advance Auto Parts from $110.00 to $138.00 and gave the stock an “overweight” rating in a research note on Friday, January 26th. Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and eleven have given a buy rating to the company. Advance Auto Parts currently has a consensus rating of “Hold” and a consensus price target of $109.91.

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About Advance Auto Parts

Advance Auto Parts, Inc provides automotive aftermarket parts in North America, serving do-it-for-me (Professional) and do-it-yourself (DIY), customers. The Company’s stores and branches offer a selection of brand name, original equipment manufacturer (OEM) and private label automotive replacement parts, accessories, batteries and maintenance items for domestic and imported cars, vans, sport utility vehicles and light and heavy duty trucks.

Earnings History for Advance Auto Parts (NYSE:AAP)

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