Zacks Research Issues Negative Estimate for AAP Earnings

Advance Auto Parts, Inc. (NYSE:AAP) – Research analysts at Zacks Research reduced their Q3 2025 earnings per share (EPS) estimates for Advance Auto Parts in a report issued on Thursday, June 5th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $0.86 per share for the quarter, down from their prior forecast 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.

Advance Auto Parts (NYSE:AAP) last issued its earnings results on Thursday, May 22nd. The company reported ($0.22) EPS for the quarter, beating 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 firm 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 company posted $0.67 earnings per share. The business’s quarterly revenue was down 24.2% compared to the same quarter last year.

Other analysts have also recently issued research reports about the company. BMO Capital Markets reaffirmed a “market perform” rating and issued a $50.00 price target (up previously from $40.00) on shares of Advance Auto Parts in a research report on Friday, May 23rd. Truist Financial reduced their price target on Advance Auto Parts from $39.00 to $34.00 and set a “hold” rating for the company in a research report on Thursday, February 27th. Redburn Partners raised Advance Auto Parts from a “sell” rating to a “neutral” rating and set a $45.00 price target for the company in a research report on Tuesday, June 3rd. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $48.00 price target (up previously from $43.00) on shares of Advance Auto Parts in a research report on Thursday, May 22nd. Finally, Citigroup reduced their price target on Advance Auto Parts from $47.00 to $40.00 and set a “neutral” rating for the company in a research report on Thursday, February 27th. One research analyst has rated the stock with a sell rating, twenty have issued a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, Advance Auto Parts currently has a consensus rating of “Hold” and a consensus target price of $46.01.

Advance Auto Parts Price Performance

Shares of NYSE:AAP opened at $53.01 on Monday. Advance Auto Parts has a fifty-two week low of $28.89 and a fifty-two week high of $67.03. The business has a 50-day moving average of $37.65 and a two-hundred day moving average of $41.33. The stock has a market capitalization of $3.18 billion, a P/E ratio of 72.62, a P/E/G ratio of 1.98 and a beta of 1.06. 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 Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 25th. Shareholders of record on Friday, July 11th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Friday, July 11th. This represents a $1.00 annualized dividend and a yield of 1.89%. Advance Auto Parts’s dividend payout ratio (DPR) is -17.04%.

Hedge Funds Weigh In On Advance Auto Parts

Several large investors have recently added to or reduced their stakes in AAP. Yousif Capital Management LLC raised its holdings in Advance Auto Parts by 1.1% in the 4th quarter. Yousif Capital Management LLC now owns 26,258 shares of the company’s stock valued at $1,242,000 after acquiring an additional 281 shares in the last quarter. Stratos Wealth Partners LTD. raised its holdings in Advance Auto Parts by 6.9% in the 4th quarter. Stratos Wealth Partners LTD. now owns 9,223 shares of the company’s stock valued at $436,000 after acquiring an additional 596 shares in the last quarter. Empowered Funds LLC acquired a new position in Advance Auto Parts in the 4th quarter valued at approximately $8,947,000. Entropy Technologies LP acquired a new position in Advance Auto Parts in the 4th quarter valued at approximately $244,000. Finally, Stephens Inc. AR grew its stake in shares of Advance Auto Parts by 30.2% in the 4th quarter. Stephens Inc. AR now owns 36,069 shares of the company’s stock valued at $1,706,000 after purchasing an additional 8,365 shares during the period. Institutional investors and hedge funds own 88.75% of the company’s stock.

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.