Q2 EPS Estimates for Advance Auto Parts Lowered by Wedbush

Advance Auto Parts, Inc. (NYSE:AAP) – Wedbush lowered their Q2 2025 EPS estimates for Advance Auto Parts in a note issued to investors on Thursday, February 27th. Wedbush analyst S. Basham now anticipates that the company will post earnings per share of $0.86 for the quarter, down from their prior forecast of $0.93. 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’ FY2026 earnings at $3.91 EPS.

A number of other brokerages have also issued reports on AAP. Evercore ISI lifted their price target on shares of Advance Auto Parts from $45.00 to $60.00 and gave the stock a “hold” rating in a research note on Wednesday, November 20th. Citigroup dropped their price target on shares of Advance Auto Parts from $47.00 to $40.00 and set a “neutral” rating for the company in a research note on Thursday. BMO Capital Markets dropped their price target on shares of Advance Auto Parts from $45.00 to $40.00 and set a “market perform” rating for the company in a research note on Thursday. Royal Bank of Canada dropped their price target on shares of Advance Auto Parts from $50.00 to $44.00 and set a “sector perform” rating for the company in a research note on Thursday. Finally, Wells Fargo & Company lifted their price target on shares of Advance Auto Parts from $40.00 to $45.00 and gave the stock an “equal weight” rating in a research note on Monday, January 6th. One investment analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $46.69.

Advance Auto Parts Stock Down 0.2 %

Shares of NYSE:AAP opened at $36.90 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 fifty day simple moving average of $46.01 and a 200 day simple moving average of $43.88. The firm has a market cap of $2.20 billion, a PE ratio of 50.55, a price-to-earnings-growth 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.

Institutional Investors Weigh In On Advance Auto Parts

Several institutional investors have recently bought and sold shares of AAP. Blue Trust Inc. lifted its holdings in Advance Auto Parts by 56.7% in the third quarter. Blue Trust Inc. now owns 1,205 shares of the company’s stock worth $47,000 after purchasing an additional 436 shares during the period. Raymond James & Associates lifted its holdings in Advance Auto Parts by 11.7% in the third quarter. Raymond James & Associates now owns 106,475 shares of the company’s stock worth $4,151,000 after purchasing an additional 11,169 shares during the period. Stephens Inc. AR lifted its holdings in Advance Auto Parts by 7.1% in the third quarter. Stephens Inc. AR now owns 27,704 shares of the company’s stock worth $1,080,000 after purchasing an additional 1,828 shares during the period. Easterly Investment Partners LLC lifted its holdings in Advance Auto Parts by 32.2% in the third quarter. Easterly Investment Partners LLC now owns 43,951 shares of the company’s stock worth $1,714,000 after purchasing an additional 10,709 shares during the period. Finally, Crossmark Global Holdings Inc. lifted its holdings in Advance Auto Parts by 45.3% in the third quarter. Crossmark Global Holdings Inc. now owns 9,909 shares of the company’s stock worth $387,000 after purchasing an additional 3,088 shares during the period. Institutional investors and hedge funds own 88.75% of the company’s stock.

Insider Activity

In other news, EVP Tammy M. Finley sold 1,276 shares of the business’s stock in a transaction 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 transaction, the executive vice president now owns 24,266 shares of the company’s stock, valued at approximately $1,069,159.96. The trade was a 5.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate 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. This represents a $1.00 annualized dividend and a dividend yield of 2.71%. The ex-dividend date is Friday, April 11th. Advance Auto Parts’s dividend payout ratio (DPR) is 136.99%.

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.