Q1 Earnings Estimate for AAP Issued By DA Davidson

Advance Auto Parts, Inc. (NYSE:AAP) – Stock analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for shares of Advance Auto Parts in a note issued to investors on Thursday, February 27th. DA Davidson analyst M. Baker forecasts that the company will earn ($0.79) per share for the quarter. DA Davidson currently has a “Neutral” rating and a $45.00 target price on the stock. The consensus estimate for Advance Auto Parts’ current full-year earnings is ($0.46) per share. DA Davidson also issued estimates for Advance Auto Parts’ FY2026 earnings at $3.83 EPS.

Other equities research analysts also recently issued research reports about the company. The Goldman Sachs Group cut their price target on Advance Auto Parts from $60.00 to $43.00 and set a “neutral” rating on the stock in a report on Friday, November 15th. Royal Bank of Canada dropped their price objective on Advance Auto Parts from $50.00 to $44.00 and set a “sector perform” rating on the stock in a report on Thursday. Barclays dropped their price objective on 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 reissued an “outperform” rating and issued a $55.00 target price on shares of Advance Auto Parts in a research report on Friday, November 15th. Finally, Truist Financial decreased their price objective on Advance Auto Parts from $39.00 to $34.00 and set a “hold” rating for the company in a research report on Thursday. One investment analyst has rated the stock with a sell rating, sixteen have given a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $46.69.

Advance Auto Parts Price Performance

AAP stock opened at $36.96 on Friday. The company has a current ratio of 1.34, a quick ratio of 0.62 and a debt-to-equity ratio of 0.69. The company has a market capitalization of $2.21 billion, a PE ratio of 50.62, a P/E/G ratio of 1.98 and a beta of 1.15. Advance Auto Parts has a 12-month low of $35.59 and a 12-month high of $88.56. The business’s fifty day moving average price is $46.11 and its 200 day moving average price is $43.93.

Advance Auto Parts Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Friday, April 11th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 2.71%. The ex-dividend date of this dividend is Friday, April 11th. Advance Auto Parts’s payout ratio is 136.99%.

Insider Transactions at Advance Auto Parts

In other news, EVP Tammy M. Finley sold 1,276 shares of the firm’s stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $44.06, for a total transaction of $56,220.56. Following the sale, the executive vice president now owns 24,266 shares in the company, valued at $1,069,159.96. This trade represents a 5.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.35% of the company’s stock.

Institutional Investors Weigh In On Advance Auto Parts

Several hedge funds have recently made changes to their positions in AAP. Connor Clark & Lunn Investment Management Ltd. acquired a new position in Advance Auto Parts in the third quarter valued at $14,684,000. Wolverine Asset Management LLC lifted its stake in shares of Advance Auto Parts by 212.4% during the third quarter. Wolverine Asset Management LLC now owns 31,357 shares of the company’s stock worth $1,223,000 after purchasing an additional 21,320 shares in the last quarter. Blue Trust Inc. increased its position in shares of Advance Auto Parts by 75.9% during the fourth quarter. Blue Trust Inc. now owns 2,119 shares of the company’s stock worth $100,000 after acquiring an additional 914 shares during the last quarter. Quest Partners LLC purchased a new stake in shares of Advance Auto Parts during the third quarter worth about $579,000. Finally, Moody National Bank Trust Division purchased a new stake in shares of Advance Auto Parts during the fourth quarter worth about $1,196,000. 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.