Equities Analysts Set Expectations for AAP Q1 Earnings

Advance Auto Parts, Inc. (NYSE:AAP) – Equities researchers at Roth Capital reduced their Q1 2025 earnings per share (EPS) estimates for shares of Advance Auto Parts in a note issued to investors on Monday, March 3rd. Roth Capital analyst S. Stember now expects that the company will earn ($0.80) per share for the quarter, down from their prior estimate of ($0.11). The consensus estimate for Advance Auto Parts’ current full-year earnings is ($0.46) per share. Roth Capital also issued estimates for Advance Auto Parts’ Q2 2025 earnings at $0.61 EPS, Q3 2025 earnings at $0.73 EPS, Q4 2025 earnings at $1.01 EPS, FY2025 earnings at $1.55 EPS, Q2 2026 earnings at $0.63 EPS and Q4 2026 earnings at $1.15 EPS.

Several other analysts have also recently commented on the company. Wells Fargo & Company raised their target price on Advance Auto Parts from $40.00 to $45.00 and gave the company an “equal weight” rating in a research report on Monday, January 6th. BMO Capital Markets lowered their target price on Advance Auto Parts from $45.00 to $40.00 and set a “market perform” rating on the stock in a research report on Thursday, February 27th. Wedbush restated an “outperform” rating and issued a $55.00 target price on shares of Advance Auto Parts in a research report on Monday. The Goldman Sachs Group lowered their price target on Advance Auto Parts from $60.00 to $43.00 and set a “neutral” rating on the stock in a research report on Friday, November 15th. Finally, Truist Financial reduced their price objective on Advance Auto Parts from $39.00 to $34.00 and set a “hold” rating for the company 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 assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $46.69.

Advance Auto Parts Stock Up 0.1 %

AAP opened at $34.60 on Wednesday. Advance Auto Parts has a 12 month low of $33.94 and a 12 month high of $88.56. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.34 and a quick ratio of 0.62. The stock has a market cap of $2.07 billion, a P/E ratio of 47.40, a P/E/G ratio of 1.98 and a beta of 1.15. The stock’s 50 day moving average price is $45.53 and its 200 day moving average price is $43.12.

Advance Auto Parts Announces Dividend

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. The ex-dividend date of this dividend 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 (DPR) is -17.86%.

Hedge Funds Weigh In On Advance Auto Parts

Several hedge funds have recently made changes to their positions in AAP. Versant Capital Management Inc increased its position in shares of Advance Auto Parts by 207.4% in the fourth quarter. Versant Capital Management Inc now owns 541 shares of the company’s stock worth $26,000 after acquiring an additional 365 shares in the last quarter. Allworth Financial LP grew its position in Advance Auto Parts by 1,543.4% during the fourth quarter. Allworth Financial LP now owns 871 shares of the company’s stock valued at $40,000 after purchasing an additional 818 shares in the last quarter. Vision Financial Markets LLC purchased a new position in Advance Auto Parts during the fourth quarter valued at approximately $42,000. Advisory Services Network LLC purchased a new position in Advance Auto Parts during the fourth quarter valued at approximately $46,000. Finally, GAMMA Investing LLC grew its position in Advance Auto Parts by 198.3% during the fourth quarter. GAMMA Investing LLC now owns 1,575 shares of the company’s stock valued at $74,000 after purchasing an additional 1,047 shares in the last quarter. Institutional investors and hedge funds own 88.75% of the company’s stock.

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.