What is Zacks Research’s Forecast for AAP Q4 Earnings?

Advance Auto Parts, Inc. (NYSE:AAP) – Equities researchers at Zacks Research lifted their Q4 2026 earnings estimates for Advance Auto Parts in a note issued to investors on Wednesday, January 15th. Zacks Research analyst R. Department now anticipates that the company will earn $0.74 per share for the quarter, up from their previous estimate of $0.63. The consensus estimate for Advance Auto Parts’ current full-year earnings is ($0.52) per share.

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

AAP has been the topic of several other research reports. DA Davidson reaffirmed a “neutral” rating and issued a $45.00 price objective on shares of Advance Auto Parts in a research report on Friday, November 15th. BMO Capital Markets initiated coverage on shares of Advance Auto Parts in a research note on Friday, December 13th. They set a “market perform” rating and a $45.00 target price for the company. Barclays reduced their price target on shares of Advance Auto Parts from $66.00 to $54.00 and set an “equal weight” rating on the stock in a research note on Thursday, January 9th. Truist Financial lowered their price objective on shares of Advance Auto Parts from $41.00 to $39.00 and set a “hold” rating for the company in a research report on Friday, November 15th. Finally, The Goldman Sachs Group dropped their target price on shares of Advance Auto Parts from $60.00 to $43.00 and set a “neutral” 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 given a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $47.93.

Advance Auto Parts Trading Up 3.1 %

AAP opened at $45.76 on Thursday. 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 50 day moving average price is $43.61 and its 200-day moving average price is $46.84. Advance Auto Parts has a one year low of $35.59 and a one year high of $88.56. The stock has a market cap of $2.73 billion, a price-to-earnings ratio of 62.69, a P/E/G ratio of 2.15 and a beta of 1.16.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Arkadios Wealth Advisors boosted its stake in Advance Auto Parts by 45.6% in the fourth quarter. Arkadios Wealth Advisors now owns 25,136 shares of the company’s stock valued at $1,189,000 after acquiring an additional 7,867 shares in the last quarter. Pallas Capital Advisors LLC purchased a new stake in shares of Advance Auto Parts during the 4th quarter valued at $218,000. Moody National Bank Trust Division acquired a new stake in shares of Advance Auto Parts in the 4th quarter worth $1,196,000. First Hawaiian Bank grew its stake in Advance Auto Parts by 14.4% during the 4th quarter. First Hawaiian Bank now owns 19,692 shares of the company’s stock worth $931,000 after buying an additional 2,474 shares during the last quarter. Finally, GAMMA Investing LLC increased its position in Advance Auto Parts by 198.3% during the 4th quarter. GAMMA Investing LLC now owns 1,575 shares of the company’s stock valued at $74,000 after buying an additional 1,047 shares in the last quarter. Institutional investors own 88.75% of the company’s stock.

Insider Activity

In other news, EVP Tammy M. Finley sold 1,276 shares of the firm’s stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $44.06, for a total value of $56,220.56. Following the sale, the executive vice president now directly owns 24,266 shares in the company, valued at approximately $1,069,159.96. This trade represents a 5.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.35% of the company’s stock.

Advance Auto Parts Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 24th. Shareholders of record on Friday, January 10th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, January 10th. This represents a $1.00 annualized dividend and a yield of 2.19%. Advance Auto Parts’s dividend payout ratio (DPR) is presently 136.99%.

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.