Zacks Research Issues Optimistic Forecast for AAP Earnings

Advance Auto Parts, Inc. (NYSE:AAP) – Equities researchers at Zacks Research raised their Q1 2026 earnings estimates for shares of Advance Auto Parts in a note issued to investors on Wednesday, March 12th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $0.76 per share for the quarter, up from their prior estimate of $0.73. 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’ Q3 2026 earnings at $0.87 EPS, Q4 2026 earnings at $0.77 EPS, FY2026 earnings at $3.32 EPS and FY2027 earnings at $5.47 EPS.

Several other equities research analysts also recently commented on AAP. DA Davidson reaffirmed a “neutral” rating and set a $45.00 price objective on shares of Advance Auto Parts in a report on Friday, November 15th. BMO Capital Markets dropped their price objective on shares of Advance Auto Parts from $45.00 to $40.00 and set a “market perform” rating on the stock in a report on Thursday, February 27th. Barclays dropped their price objective on shares of Advance Auto Parts from $66.00 to $54.00 and set an “equal weight” rating on the stock in a report on Thursday, January 9th. Wedbush reaffirmed an “outperform” rating and set a $55.00 price objective on shares of Advance Auto Parts in a report on Monday, March 3rd. Finally, Wells Fargo & Company upped 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 report on Monday, January 6th. One research analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $45.13.

Advance Auto Parts Price Performance

Shares of NYSE:AAP opened at $37.63 on Thursday. The company has a market capitalization of $2.25 billion, a P/E ratio of 51.55, a price-to-earnings-growth ratio of 1.98 and a beta of 1.27. Advance Auto Parts has a fifty-two week low of $33.08 and a fifty-two week high of $88.56. 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 company’s 50-day moving average is $44.17 and its 200 day moving average is $42.30.

Advance Auto Parts Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Friday, April 11th will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.66%. The ex-dividend date of this dividend is Friday, April 11th. Advance Auto Parts’s dividend payout ratio (DPR) is -17.86%.

Insider Buying and Selling

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. United Advisor Group LLC bought a new position in Advance Auto Parts during the fourth quarter valued at approximately $356,000. Mackenzie Financial Corp bought a new position in Advance Auto Parts during the fourth quarter valued at approximately $953,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Advance Auto Parts by 6.6% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 157,961 shares of the company’s stock valued at $7,470,000 after acquiring an additional 9,803 shares during the last quarter. Towle & Co. grew its position in Advance Auto Parts by 2.1% during the fourth quarter. Towle & Co. now owns 352,778 shares of the company’s stock valued at $16,683,000 after acquiring an additional 7,123 shares during the last quarter. Finally, Tairen Capital Ltd grew its position in Advance Auto Parts by 415.8% during the fourth quarter. Tairen Capital Ltd now owns 215,851 shares of the company’s stock valued at $10,208,000 after acquiring an additional 174,000 shares during the last quarter. 88.75% of the stock is currently owned by institutional investors.

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.