Q1 EPS Forecast for Advance Auto Parts Reduced by Analyst

Advance Auto Parts, Inc. (NYSE:AAP) – Analysts at Zacks Research reduced their Q1 2025 earnings per share estimates for Advance Auto Parts in a report released on Wednesday, December 11th. Zacks Research analyst L. Shahu now anticipates that the company will post earnings of $0.07 per share for the quarter, down from their prior estimate of $0.20. The consensus estimate for Advance Auto Parts’ current full-year earnings is ($0.54) per share. Zacks Research also issued estimates for Advance Auto Parts’ Q2 2025 earnings at $0.28 EPS and FY2025 earnings at $1.24 EPS.

AAP has been the subject of several other reports. Mizuho reiterated a “neutral” rating and issued a $38.00 price objective (down from $45.00) on shares of Advance Auto Parts in a research report on Thursday, September 12th. BMO Capital Markets began coverage on Advance Auto Parts in a report on Friday. They set a “market perform” rating and a $45.00 price target for the company. TD Cowen reduced their price objective on shares of Advance Auto Parts from $65.00 to $55.00 and set a “hold” rating on the stock in a report on Friday, August 23rd. Wedbush reaffirmed an “outperform” rating and set a $55.00 target price on shares of Advance Auto Parts in a research note on Friday, November 15th. Finally, Truist Financial reduced their price target on shares of Advance Auto Parts from $41.00 to $39.00 and set a “hold” rating on the stock in a research note on Friday, November 15th. One analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, Advance Auto Parts currently has an average rating of “Hold” and a consensus price target of $48.40.

Advance Auto Parts Stock Performance

Advance Auto Parts stock opened at $43.98 on Monday. The firm has a 50 day simple moving average of $40.34 and a 200-day simple moving average of $49.75. The stock has a market cap of $2.63 billion, a price-to-earnings ratio of 60.25 and a beta of 1.21. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.34 and a quick ratio of 0.62. Advance Auto Parts has a 1-year low of $35.59 and a 1-year high of $88.56.

Advance Auto Parts (NYSE:AAP) last announced its quarterly earnings results on Thursday, November 14th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.53). Advance Auto Parts had a net margin of 0.41% and a return on equity of 1.82%. The firm had revenue of $2.15 billion for the quarter, compared to analyst estimates of $2.62 billion. During the same period in the previous year, the firm posted ($0.82) EPS. The company’s revenue was down 3.2% compared to the same quarter last year.

Institutional Investors Weigh In On Advance Auto Parts

Several institutional investors have recently added to or reduced their stakes in the business. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Advance Auto Parts in the 2nd quarter valued at about $41,000. Blue Trust Inc. lifted its stake in Advance Auto Parts by 56.7% in the third quarter. Blue Trust Inc. now owns 1,205 shares of the company’s stock valued at $47,000 after buying an additional 436 shares during the last quarter. AM Squared Ltd purchased a new stake in Advance Auto Parts in the second quarter valued at approximately $63,000. KBC Group NV grew its position in shares of Advance Auto Parts by 29.1% during the third quarter. KBC Group NV now owns 1,749 shares of the company’s stock worth $68,000 after acquiring an additional 394 shares during the last quarter. Finally, City State Bank acquired a new position in shares of Advance Auto Parts in the 3rd quarter valued at $78,000. Hedge funds and other institutional investors own 88.75% of the company’s stock.

Insiders Place Their Bets

In other Advance Auto Parts news, EVP Tammy M. Finley sold 1,276 shares of Advance Auto Parts stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $44.06, for a total transaction of $56,220.56. Following the completion of the sale, the executive vice president now directly owns 24,266 shares of the company’s stock, valued at $1,069,159.96. The trade was a 5.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.35% of the stock is owned by company insiders.

Advance Auto Parts Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 24th. Investors of record on Friday, January 10th will be paid a dividend of $0.25 per share. The ex-dividend date is Friday, January 10th. This represents a $1.00 annualized dividend and a yield of 2.27%. Advance Auto Parts’s payout ratio is 136.99%.

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.