Advance Auto Parts, Inc. (NYSE:AAP – Free Report) – Investment analysts at Zacks Research decreased their Q1 2025 earnings per share (EPS) estimates for Advance Auto Parts in a report released on Wednesday, March 12th. Zacks Research analyst R. Department now anticipates that the company will post earnings per share of ($0.65) for the quarter, down from their prior forecast of $0.07. 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’ Q2 2025 earnings at $0.86 EPS, Q3 2025 earnings at $0.99 EPS, Q4 2025 earnings at $0.66 EPS, FY2025 earnings at $1.86 EPS and Q2 2026 earnings at $0.92 EPS.
A number of other research firms have also commented on AAP. Citigroup cut their price target on Advance Auto Parts from $47.00 to $40.00 and set a “neutral” rating for the company in a report on Thursday, February 27th. Royal Bank of Canada lowered their price objective on Advance Auto Parts from $50.00 to $44.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 27th. DA Davidson reiterated a “neutral” rating and issued a $45.00 price objective on shares of Advance Auto Parts in a research report on Friday, November 15th. Barclays lowered their price objective on Advance Auto Parts from $66.00 to $54.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 9th. Finally, The Goldman Sachs Group lowered their price objective 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. 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 company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $45.13.
Advance Auto Parts Price Performance
Advance Auto Parts stock opened at $37.63 on Friday. Advance Auto Parts has a one year low of $33.08 and a one year high of $88.56. The business has a fifty day moving average price of $44.17 and a 200-day moving average price of $42.30. 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 firm has a market capitalization of $2.25 billion, a P/E ratio of 51.55, a PEG ratio of 1.98 and a beta of 1.27.
Institutional Trading of Advance Auto Parts
Large investors have recently bought and sold shares of the company. Versant Capital Management Inc boosted its position in 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 in the last quarter. Allworth Financial LP boosted its position in Advance Auto Parts by 1,543.4% during the 4th quarter. Allworth Financial LP now owns 871 shares of the company’s stock valued at $40,000 after acquiring an additional 818 shares in the last quarter. Vision Financial Markets LLC bought a new stake in Advance Auto Parts during the 4th quarter valued at approximately $42,000. Advisory Services Network LLC bought a new stake in Advance Auto Parts during the 4th quarter valued at approximately $46,000. Finally, KBC Group NV boosted its position in Advance Auto Parts by 29.1% during the 3rd quarter. KBC Group NV now owns 1,749 shares of the company’s stock valued at $68,000 after acquiring an additional 394 shares in the last quarter. 88.75% of the stock is owned by institutional investors.
Insider Buying and Selling
In other Advance Auto Parts news, CEO Shane M. Okelly bought 1,500 shares of the business’s stock in a transaction that occurred on Tuesday, March 11th. The shares were bought at an average cost of $36.79 per share, with a total value of $55,185.00. Following the completion of the purchase, the chief executive officer now directly owns 183,121 shares of the company’s stock, valued at $6,737,021.59. This trade represents a 0.83 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Eugene I. Lee, Jr. bought 14,640 shares of the business’s stock in a transaction that occurred on Thursday, March 6th. The stock was acquired at an average cost of $34.15 per share, for a total transaction of $499,956.00. Following the completion of the purchase, the director now directly owns 34,070 shares of the company’s stock, valued at $1,163,490.50. The trade was a 75.35 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.35% of the stock is owned by insiders.
Advance Auto Parts Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Friday, April 11th will be paid a $0.25 dividend. The ex-dividend date is Friday, April 11th. This represents a $1.00 annualized dividend and a dividend yield of 2.66%. Advance Auto Parts’s payout ratio is presently -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.
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