Zacks Research Analysts Reduce Earnings Estimates for AAP

Advance Auto Parts, Inc. (NYSE:AAP) – Investment analysts at Zacks Research decreased their Q1 2025 EPS estimates for Advance Auto Parts in a research note issued to investors on Wednesday, March 12th. Zacks Research analyst R. Department now expects that the company will post earnings per share of ($0.65) for the quarter, down from their previous estimate of $0.07. 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’ Q2 2025 earnings at $0.86 EPS, Q3 2025 earnings at $0.99 EPS, Q4 2025 earnings at $0.66 EPS, FY2025 earnings at $1.86 EPS and Q2 2026 earnings at $0.92 EPS.

A number of other equities analysts have also weighed in on AAP. UBS Group boosted their price objective on shares of Advance Auto Parts from $42.00 to $44.00 and gave the stock a “neutral” rating in a report on Friday, November 15th. BMO Capital Markets decreased their target price on shares of Advance Auto Parts from $45.00 to $40.00 and set a “market perform” rating for the company in a research note on Thursday, February 27th. Citigroup decreased their target price on shares of Advance Auto Parts from $47.00 to $40.00 and set a “neutral” rating for the company in a research note on Thursday, February 27th. Wedbush reiterated an “outperform” rating and set a $55.00 target price on shares of Advance Auto Parts in a research note on Monday, March 3rd. Finally, Wells Fargo & Company boosted their price objective on shares of Advance Auto Parts from $40.00 to $45.00 and gave the company an “equal weight” rating in a research report on Monday, January 6th. One investment analyst has rated the stock with a sell rating, sixteen have given a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $45.13.

Advance Auto Parts Price Performance

AAP stock opened at $37.63 on Friday. The firm has a 50 day moving average price of $44.17 and a 200-day moving average price of $42.30. Advance Auto Parts has a 52-week low of $33.08 and a 52-week high of $88.56. The firm has a market capitalization of $2.25 billion, a price-to-earnings ratio of 51.55, a PEG ratio of 1.98 and a beta of 1.27. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.62 and a current ratio of 1.34.

Institutional Trading of Advance Auto Parts

Several hedge funds have recently bought and sold shares of AAP. Eminence Capital LP purchased a new stake in Advance Auto Parts in the 4th quarter worth $87,214,000. Price T Rowe Associates Inc. MD lifted its stake in Advance Auto Parts by 34.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 6,685,541 shares of the company’s stock worth $316,160,000 after purchasing an additional 1,706,328 shares in the last quarter. Pzena Investment Management LLC lifted its stake in Advance Auto Parts by 140.3% in the 3rd quarter. Pzena Investment Management LLC now owns 2,908,658 shares of the company’s stock worth $113,409,000 after purchasing an additional 1,698,155 shares in the last quarter. Cooper Creek Partners Management LLC purchased a new stake in Advance Auto Parts in the 4th quarter worth $75,055,000. Finally, Marshall Wace LLP lifted its stake in Advance Auto Parts by 2,585.1% in the 4th quarter. Marshall Wace LLP now owns 1,353,912 shares of the company’s stock worth $64,026,000 after purchasing an additional 1,303,488 shares in the last quarter. Hedge funds and other institutional investors own 88.75% of the company’s stock.

Insider Buying and Selling

In related news, CEO Shane M. Okelly purchased 1,500 shares of the firm’s stock in a transaction on Tuesday, March 11th. The shares were acquired at an average price of $36.79 per share, for a total transaction of $55,185.00. Following the purchase, the chief executive officer now directly owns 183,121 shares in the company, valued at $6,737,021.59. This trade represents a 0.83 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Eugene I. Lee, Jr. purchased 14,640 shares of the firm’s stock in a transaction on Thursday, March 6th. The stock was bought at an average price of $34.15 per share, for a total transaction of $499,956.00. Following the purchase, the director now owns 34,070 shares in the company, valued at approximately $1,163,490.50. This represents a 75.35 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.35% of the stock is currently owned by insiders.

Advance Auto Parts Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Friday, April 11th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 2.66%. The ex-dividend date is Friday, April 11th. Advance Auto Parts’s dividend payout ratio is currently -17.86%.

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.