Zacks Research Issues Negative Estimate for AAP Earnings

Advance Auto Parts, Inc. (NYSE:AAP) – Zacks Research dropped their Q3 2025 earnings per share estimates for shares of Advance Auto Parts in a research report issued to clients and 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 prior 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.

AAP has been the topic of a number of other research reports. UBS Group reissued a “neutral” rating and issued a $50.00 price objective (up previously from $36.00) on shares of Advance Auto Parts in a research note on Friday, May 23rd. Truist Financial decreased their target price 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. Raymond James lifted their target price on Advance Auto Parts to $49.17 and gave the stock a “hold” rating in a report on Monday, May 26th. Morgan Stanley lifted their target price on Advance Auto Parts from $45.00 to $48.00 and gave the stock an “equal weight” rating in a report on Friday, May 23rd. Finally, BMO Capital Markets restated a “market perform” rating and issued a $50.00 target price (up from $40.00) on shares of Advance Auto Parts in a report on Friday, May 23rd. One equities research analyst has rated the stock with a sell rating, twenty have given a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $46.01.

Advance Auto Parts Stock Up 1.7%

AAP opened at $53.01 on Monday. Advance Auto Parts has a one year low of $28.89 and a one year high of $67.03. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.62 and a current ratio of 1.34. The stock’s fifty day moving average is $37.65 and its 200-day moving average is $41.33. The company has a market capitalization of $3.18 billion, a PE ratio of 72.62, a P/E/G ratio of 1.98 and a beta of 1.06.

Advance Auto Parts (NYSE:AAP) last posted its quarterly earnings data 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 return on equity of 1.82% and a net margin of 0.41%. The company had revenue of $2.58 billion for the quarter, compared to the consensus estimate of $2.51 billion. During the same quarter in the previous year, the business earned $0.67 EPS. The company’s quarterly revenue was down 24.2% compared to the same quarter last year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of AAP. Eminence Capital LP purchased a new position in Advance Auto Parts in the fourth quarter valued at about $87,214,000. 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. Cooper Creek Partners Management LLC purchased a new position in Advance Auto Parts in the fourth quarter valued at about $75,055,000. Marshall Wace LLP grew its stake in Advance Auto Parts by 2,585.1% in the fourth quarter. Marshall Wace LLP now owns 1,353,912 shares of the company’s stock valued at $64,026,000 after purchasing an additional 1,303,488 shares in the last quarter. Finally, Thrivent Financial for Lutherans grew its stake in Advance Auto Parts by 2,662.0% in the fourth quarter. Thrivent Financial for Lutherans now owns 1,293,205 shares of the company’s stock valued at $61,156,000 after purchasing an additional 1,246,384 shares in the last quarter. Hedge funds and other institutional investors own 88.75% of the company’s stock.

Advance Auto Parts Announces Dividend

The firm also recently declared 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. The ex-dividend date of this dividend is Friday, July 11th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.89%. Advance Auto Parts’s dividend payout ratio is -17.04%.

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.