Advance Auto Parts, Inc. (NYSE:AAP - Free Report) - Analysts at Roth Capital dropped their Q1 2025 EPS estimates for Advance Auto Parts in a report released on Monday, March 3rd. Roth Capital analyst S. Stember now forecasts that the company will post earnings of ($0.80) per share for the quarter, down from their previous 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.
A number of other research firms have also recently weighed in on AAP. Royal Bank of Canada dropped their target price on shares of Advance Auto Parts from $50.00 to $44.00 and set a "sector perform" rating on the stock in a research note on Thursday, February 27th. Wells Fargo & Company boosted their target price on shares of Advance Auto Parts from $40.00 to $45.00 and gave the company an "equal weight" rating in a research note on Monday, January 6th. Truist Financial dropped their target price on shares of Advance Auto Parts from $39.00 to $34.00 and set a "hold" rating on the stock in a research note on Thursday, February 27th. Citigroup lowered their price target on shares of Advance Auto Parts from $47.00 to $40.00 and set a "neutral" rating on the stock in a research report on Thursday, February 27th. Finally, Barclays lowered their price target on shares of 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. One equities research analyst has rated the stock with a sell rating, sixteen have given a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $46.69.
Check Out Our Latest Stock Report on AAP
Advance Auto Parts Stock Performance
AAP traded up $1.82 during midday trading on Wednesday, reaching $35.45. The company had a trading volume of 3,486,513 shares, compared to its average volume of 2,273,664. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.62 and a current ratio of 1.34. The stock has a market cap of $2.12 billion, a PE ratio of 48.56, a P/E/G ratio of 1.98 and a beta of 1.27. Advance Auto Parts has a 12-month low of $33.08 and a 12-month high of $88.56. The business has a 50-day moving average price of $44.97 and a two-hundred day moving average price of $42.82.
Institutional Investors Weigh In On Advance Auto Parts
Large investors have recently added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. bought a new stake in Advance Auto Parts in the 3rd quarter worth $14,684,000. Wolverine Asset Management LLC grew its holdings in Advance Auto Parts by 212.4% in the 3rd quarter. Wolverine Asset Management LLC now owns 31,357 shares of the company's stock worth $1,223,000 after acquiring an additional 21,320 shares during the last quarter. Blue Trust Inc. grew its holdings in Advance Auto Parts by 75.9% in the 4th quarter. Blue Trust Inc. now owns 2,119 shares of the company's stock worth $100,000 after acquiring an additional 914 shares during the last quarter. Quest Partners LLC bought a new stake in shares of Advance Auto Parts during the 3rd quarter valued at about $579,000. Finally, Moody National Bank Trust Division bought a new stake in shares of Advance Auto Parts during the 4th quarter valued at about $1,196,000. Institutional investors own 88.75% of the company's stock.
Advance Auto Parts Announces Dividend
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 issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.82%. The ex-dividend date is Friday, April 11th. Advance Auto Parts's dividend payout ratio is currently -17.86%.
About Advance Auto Parts
(
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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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