What is Wedbush’s Estimate for AAP FY2025 Earnings?

Advance Auto Parts, Inc. (NYSE:AAP) – Research analysts at Wedbush issued their FY2025 earnings per share (EPS) estimates for Advance Auto Parts in a research report issued on Monday, November 11th. Wedbush analyst S. Basham forecasts that the company will post earnings per share of $2.68 for the year. Wedbush currently has a “Outperform” rating and a $55.00 price target on the stock. The consensus estimate for Advance Auto Parts’ current full-year earnings is $2.19 per share. Wedbush also issued estimates for Advance Auto Parts’ FY2026 earnings at $3.77 EPS.

Advance Auto Parts (NYSE:AAP) last announced its earnings results on Thursday, August 22nd. The company reported $0.75 EPS for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.22). The business had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.67 billion. Advance Auto Parts had a net margin of 0.01% and a return on equity of 0.05%. Advance Auto Parts’s revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.43 EPS.

A number of other research analysts also recently weighed in on the company. Roth Capital upgraded Advance Auto Parts to a “hold” rating in a report on Tuesday, October 15th. Evercore ISI reduced their price target on Advance Auto Parts from $71.00 to $67.00 and set an “in-line” rating on the stock in a research note on Tuesday, October 22nd. TD Cowen lowered their price objective on Advance Auto Parts from $65.00 to $55.00 and set a “hold” rating for the company in a research report on Friday, August 23rd. JPMorgan Chase & Co. reduced their target price on shares of Advance Auto Parts from $68.00 to $55.00 and set a “neutral” rating on the stock in a research report on Friday, August 16th. Finally, Royal Bank of Canada lowered their price target on shares of Advance Auto Parts from $52.00 to $46.00 and set a “sector perform” rating for the company in a research report on Monday. One investment analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $54.08.

Advance Auto Parts Price Performance

Shares of NYSE AAP opened at $40.96 on Wednesday. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.23 and a quick ratio of 0.30. Advance Auto Parts has a 1 year low of $35.59 and a 1 year high of $88.56. The company’s 50-day moving average is $39.05 and its 200 day moving average is $54.72. The stock has a market capitalization of $2.44 billion, a P/E ratio of 4,096.00, a P/E/G ratio of 1.30 and a beta of 1.17.

Institutional Investors Weigh In On Advance Auto Parts

Several large investors have recently bought and sold shares of AAP. Allspring Global Investments Holdings LLC bought a new stake in shares of Advance Auto Parts in the first quarter worth approximately $34,000. Mather Group LLC. grew its position in Advance Auto Parts by 1,241.7% in the 2nd quarter. Mather Group LLC. now owns 644 shares of the company’s stock worth $41,000 after purchasing an additional 596 shares during the period. Ashton Thomas Private Wealth LLC purchased a new stake in Advance Auto Parts during the 2nd quarter valued at $41,000. Blue Trust Inc. lifted its holdings in shares of Advance Auto Parts by 56.7% during the 3rd quarter. Blue Trust Inc. now owns 1,205 shares of the company’s stock valued at $47,000 after buying an additional 436 shares during the period. Finally, AM Squared Ltd purchased a new position in shares of Advance Auto Parts in the 2nd quarter worth $63,000. 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.