What is Zacks Research's Estimate for AAP FY2025 Earnings?

Advance Auto Parts, Inc. (NYSE:AAP - Free Report) - Zacks Research lifted their FY2025 earnings per share (EPS) estimates for shares of Advance Auto Parts in a note issued to investors on Tuesday, November 12th. Zacks Research analyst L. Shahu now anticipates that the company will post earnings of $3.02 per share for the year, up from their previous forecast of $3.01. The consensus estimate for Advance Auto Parts' current full-year earnings is $2.19 per share. Zacks Research also issued estimates for Advance Auto Parts' Q2 2026 earnings at $0.96 EPS, Q3 2026 earnings at $0.77 EPS and FY2026 earnings at $3.37 EPS.

Several other research analysts also recently issued reports on the company. Truist Financial reduced their price objective on Advance Auto Parts from $41.00 to $39.00 and set a "hold" rating on the stock in a report on Friday. Royal Bank of Canada dropped their price objective on Advance Auto Parts from $52.00 to $46.00 and set a "sector perform" rating for the company in a report on Monday. Evercore ISI lowered their price target on shares of Advance Auto Parts from $71.00 to $67.00 and set an "in-line" rating for the company in a research report on Tuesday, October 22nd. Wells Fargo & Company reduced their price objective on shares of Advance Auto Parts from $50.00 to $40.00 and set an "equal weight" rating on the stock in a research note on Friday, September 13th. Finally, Roth Capital upgraded Advance Auto Parts to a "hold" rating in a research report on Tuesday, October 15th. One research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and one has assigned 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 $49.14.

Advance Auto Parts Price Performance

NYSE:AAP traded down $3.51 during mid-day trading on Friday, reaching $37.69. 5,897,543 shares of the company were exchanged, compared to its average volume of 2,053,834. Advance Auto Parts has a 12 month low of $35.59 and a 12 month high of $88.56. The company has a quick ratio of 0.30, a current ratio of 1.23 and a debt-to-equity ratio of 0.69. The company has a fifty day moving average of $39.06 and a 200 day moving average of $54.63. The stock has a market cap of $2.25 billion, a PE ratio of 3,819.00, a PEG ratio of 1.33 and a beta of 1.17.

Advance Auto Parts (NYSE:AAP - Get Free Report) last posted its quarterly earnings data on Thursday, August 22nd. The company reported $0.75 EPS for the quarter, missing analysts' consensus estimates of $0.97 by ($0.22). Advance Auto Parts had a return on equity of 0.05% and a net margin of 0.01%. The business had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.67 billion. During the same period in the prior year, the firm posted $1.43 EPS. Advance Auto Parts's revenue for the quarter was down .1% compared to the same quarter last year.

Hedge Funds Weigh In On Advance Auto Parts

Large investors have recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC acquired a new stake in Advance Auto Parts in the 1st quarter valued at approximately $34,000. Oppenheimer & Co. Inc. bought a new stake in Advance Auto Parts during the 1st quarter worth about $292,000. Sei Investments Co. boosted its stake in shares of Advance Auto Parts by 0.6% during the 1st quarter. Sei Investments Co. now owns 59,402 shares of the company's stock worth $5,055,000 after buying an additional 352 shares during the last quarter. US Bancorp DE increased its position in shares of Advance Auto Parts by 10.3% in the first quarter. US Bancorp DE now owns 12,767 shares of the company's stock valued at $1,086,000 after acquiring an additional 1,197 shares during the last quarter. Finally, Bleakley Financial Group LLC acquired a new position in Advance Auto Parts during the first quarter valued at approximately $207,000. Institutional investors own 88.75% of the company's stock.

Advance Auto Parts Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 24th. Investors of record on Friday, January 10th will be given a $0.25 dividend. The ex-dividend date of this dividend is Friday, January 10th. This represents a $1.00 annualized dividend and a yield of 2.65%. Advance Auto Parts's dividend payout ratio is currently 10,000.00%.

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.