Q1 EPS Forecast for Advance Auto Parts Decreased by Analyst

Advance Auto Parts, Inc. (NYSE:AAP) – Analysts at Wedbush lowered their Q1 2025 earnings estimates for shares of Advance Auto Parts in a research report issued to clients and investors on Thursday, February 27th. Wedbush analyst S. Basham now anticipates that the company will earn ($0.74) per share for the quarter, down from their previous forecast of $0.72. Wedbush currently has a “Outperform” rating and a $55.00 target price on the stock. The consensus estimate for Advance Auto Parts’ current full-year earnings is ($0.46) per share. Wedbush also issued estimates for Advance Auto Parts’ Q3 2025 earnings at $1.08 EPS, Q4 2025 earnings at $0.35 EPS, FY2025 earnings at $1.56 EPS and FY2027 earnings at $5.50 EPS.

A number of other research analysts have also weighed in on AAP. Barclays decreased 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. BMO Capital Markets decreased their price target on shares of Advance Auto Parts from $45.00 to $40.00 and set a “market perform” rating on the stock in a research note on Thursday, February 27th. Royal Bank of Canada decreased their price target on shares of Advance Auto Parts from $50.00 to $44.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 27th. Wells Fargo & Company raised their price target on shares of Advance Auto Parts from $40.00 to $45.00 and gave the company an “equal weight” rating in a research note on Monday, January 6th. Finally, Truist Financial decreased their price target on shares of Advance Auto Parts from $39.00 to $34.00 and set a “hold” rating on the stock in a research note on Thursday, February 27th. One equities 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 data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $46.69.

Advance Auto Parts Trading Down 2.2 %

Shares of Advance Auto Parts stock opened at $34.65 on Monday. The firm has a market capitalization of $2.07 billion, a PE ratio of 47.46, a P/E/G ratio of 1.98 and a beta of 1.15. Advance Auto Parts has a twelve month low of $34.57 and a twelve month high of $88.56. The firm’s 50-day moving average price is $45.71 and its 200 day moving average price is $43.31. The company has a current ratio of 1.34, a quick ratio of 0.62 and a debt-to-equity ratio of 0.69.

Institutional Trading of Advance Auto Parts

A number of hedge funds and other institutional investors have recently made changes to their positions in AAP. Eminence Capital LP acquired a new stake in shares of Advance Auto Parts during the 4th quarter worth approximately $87,214,000. Price T Rowe Associates Inc. MD increased its holdings 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 valued at $316,160,000 after purchasing an additional 1,706,328 shares during the last quarter. Pzena Investment Management LLC increased its holdings 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 valued at $113,409,000 after purchasing an additional 1,698,155 shares during the last quarter. Cooper Creek Partners Management LLC acquired a new stake in Advance Auto Parts in the 4th quarter valued at approximately $75,055,000. Finally, Marshall Wace LLP increased its holdings 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 valued at $64,026,000 after purchasing an additional 1,303,488 shares during the last quarter. Institutional investors and hedge funds own 88.75% of the company’s stock.

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 that occurred on Thursday, December 5th. The shares were sold at an average price of $44.06, for a total transaction of $56,220.56. Following the completion of 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.35% of the company’s stock.

Advance Auto Parts Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Stockholders of record on Friday, April 11th will be issued a dividend of $0.25 per share. The ex-dividend date is Friday, April 11th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.89%. 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.