Q1 EPS Forecast for Advance Auto Parts Lifted by Analyst

Advance Auto Parts, Inc. (NYSE:AAP) – Investment analysts at Zacks Research upped their Q1 2026 earnings per share estimates for shares of Advance Auto Parts in a report released on Wednesday, March 12th. Zacks Research analyst R. Department now forecasts that the company will post earnings of $0.76 per share for the quarter, up from their previous estimate of $0.73. The consensus estimate for Advance Auto Parts’ current full-year earnings is ($0.46) per share. Zacks Research also issued estimates for Advance Auto Parts’ Q3 2026 earnings at $0.87 EPS, Q4 2026 earnings at $0.77 EPS, FY2026 earnings at $3.32 EPS and FY2027 earnings at $5.47 EPS.

A number of other research analysts have also commented on the company. Citigroup cut their target price on Advance Auto Parts from $47.00 to $40.00 and set a “neutral” rating for the company in a research note on Thursday, February 27th. Wells Fargo & Company raised their price objective on shares of Advance Auto Parts from $40.00 to $45.00 and gave the stock an “equal weight” rating in a report on Monday, January 6th. Barclays lowered their target price 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. The Goldman Sachs Group decreased their price objective 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. Finally, Evercore ISI dropped their target price on Advance Auto Parts from $37.00 to $35.00 and set an “in-line” rating for the company in a report on Tuesday. One equities research 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. According to data from MarketBeat, Advance Auto Parts has an average rating of “Hold” and an average target price of $45.13.

Advance Auto Parts Stock Up 1.2 %

NYSE AAP opened at $38.04 on Thursday. The firm has a 50-day simple moving average of $44.37 and a 200 day simple moving average of $42.33. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.62 and a current ratio of 1.34. Advance Auto Parts has a twelve month low of $33.08 and a twelve month high of $88.56. The stock has a market cap of $2.27 billion, a PE ratio of 52.11, a PEG ratio of 1.98 and a beta of 1.27.

Advance Auto Parts Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Stockholders of record on Friday, April 11th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, April 11th. This represents a $1.00 annualized dividend and a dividend yield of 2.63%. Advance Auto Parts’s dividend payout ratio (DPR) is currently -17.86%.

Insider Activity at Advance Auto Parts

In other news, Director Eugene I. Lee, Jr. purchased 14,640 shares of the firm’s stock in a transaction that occurred on Thursday, March 6th. The shares were acquired at an average price of $34.15 per share, for a total transaction of $499,956.00. Following the completion of the acquisition, the director now directly owns 34,070 shares in the company, valued at approximately $1,163,490.50. The trade was a 75.35 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Shane M. Okelly acquired 1,500 shares of the company’s stock in a transaction on Tuesday, March 11th. The shares were purchased at an average cost of $36.79 per share, with a total value of $55,185.00. Following the completion of the acquisition, the chief executive officer now directly owns 183,121 shares in the company, valued at approximately $6,737,021.59. The trade was a 0.83 % increase in their position. The disclosure for this purchase can be found here. 0.35% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Advance Auto Parts

Several large investors have recently bought and sold shares of AAP. Versant Capital Management Inc raised its position in shares of Advance Auto Parts by 207.4% during the 4th quarter. Versant Capital Management Inc now owns 541 shares of the company’s stock valued at $26,000 after acquiring an additional 365 shares during the last quarter. Allworth Financial LP increased its holdings in Advance Auto Parts by 1,543.4% in 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 during the last quarter. Vision Financial Markets LLC bought a new stake in Advance Auto Parts in the fourth quarter valued at about $42,000. Advisory Services Network LLC acquired a new position in Advance Auto Parts in the fourth quarter valued at about $46,000. Finally, KBC Group NV boosted its holdings in Advance Auto Parts by 29.1% during the third quarter. KBC Group NV now owns 1,749 shares of the company’s stock worth $68,000 after buying an additional 394 shares during the last quarter. 88.75% of the stock is currently owned by institutional investors and hedge funds.

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.