Advance Auto Parts, Inc. (NYSE:AAP – Free Report) – Stock analysts at Zacks Research decreased their Q2 2025 earnings estimates for shares of Advance Auto Parts in a research report issued to clients and investors on Tuesday, May 21st. Zacks Research analyst R. Singhi now forecasts that the company will earn $1.18 per share for the quarter, down from their previous estimate of $1.34. The consensus estimate for Advance Auto Parts’ current full-year earnings is $3.94 per share.
Several other analysts have also recently weighed in on AAP. JPMorgan Chase & Co. increased their price target on shares of Advance Auto Parts from $55.00 to $68.00 and gave the company a “neutral” rating in a research note on Thursday, February 29th. Truist Financial increased their price target on shares of Advance Auto Parts from $60.00 to $70.00 and gave the company a “hold” rating in a research note on Tuesday, April 2nd. Barclays increased their price target on shares of Advance Auto Parts from $56.00 to $66.00 and gave the company an “equal weight” rating in a research note on Thursday, February 29th. Evercore ISI dropped their price target on shares of Advance Auto Parts from $82.00 to $78.00 and set an “in-line” rating for the company in a research note on Tuesday, April 16th. Finally, Royal Bank of Canada increased their price target on shares of Advance Auto Parts from $47.00 to $68.00 and gave the company a “sector perform” rating in a research note on Thursday, February 29th. Three equities research analysts have rated the stock with a sell rating and sixteen have assigned a hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $64.56.
Check Out Our Latest Research Report on Advance Auto Parts
Advance Auto Parts Stock Performance
NYSE:AAP opened at $70.24 on Wednesday. The company’s 50-day moving average is $77.77 and its two-hundred day moving average is $67.33. Advance Auto Parts has a 1-year low of $47.73 and a 1-year high of $118.99. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.20 and a quick ratio of 0.29. The firm has a market capitalization of $4.19 billion, a price-to-earnings ratio of 94.92, a PEG ratio of 1.32 and a beta of 1.20.
Advance Auto Parts (NYSE:AAP – Get Free Report) last announced its quarterly earnings data on Wednesday, February 28th. The company reported ($0.59) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($0.83). Advance Auto Parts had a net margin of 0.39% and a return on equity of 1.68%. The business had revenue of $2.46 billion for the quarter, compared to analysts’ expectations of $2.47 billion. During the same period in the prior year, the company posted $2.88 EPS. The firm’s revenue was down .4% on a year-over-year basis.
Insider Buying and Selling at Advance Auto Parts
In other Advance Auto Parts news, Director Carla Jean Bailo purchased 310 shares of the firm’s stock in a transaction on Monday, March 18th. The stock was bought at an average price of $81.19 per share, with a total value of $25,168.90. Following the transaction, the director now directly owns 5,789 shares of the company’s stock, valued at approximately $470,008.91. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other Advance Auto Parts news, Director Carla Jean Bailo purchased 310 shares of the firm’s stock in a transaction on Monday, March 18th. The stock was bought at an average price of $81.19 per share, with a total value of $25,168.90. Following the transaction, the director now directly owns 5,789 shares of the company’s stock, valued at approximately $470,008.91. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Brent Windom purchased 4,700 shares of the firm’s stock in a transaction on Wednesday, March 27th. The stock was acquired at an average cost of $85.34 per share, with a total value of $401,098.00. Following the transaction, the director now directly owns 10,000 shares in the company, valued at $853,400. The disclosure for this purchase can be found here. 0.35% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Advance Auto Parts
Hedge funds and other institutional investors have recently modified their holdings of the company. Allworth Financial LP raised its holdings in shares of Advance Auto Parts by 190.0% in the 4th quarter. Allworth Financial LP now owns 406 shares of the company’s stock valued at $25,000 after purchasing an additional 266 shares in the last quarter. Principal Securities Inc. acquired a new stake in shares of Advance Auto Parts in the 4th quarter valued at $27,000. Hexagon Capital Partners LLC raised its holdings in shares of Advance Auto Parts by 267.7% in the 1st quarter. Hexagon Capital Partners LLC now owns 353 shares of the company’s stock valued at $30,000 after purchasing an additional 257 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in shares of Advance Auto Parts in the 1st quarter valued at $34,000. Finally, Larson Financial Group LLC raised its holdings in shares of Advance Auto Parts by 264.6% in the 3rd quarter. Larson Financial Group LLC now owns 689 shares of the company’s stock valued at $39,000 after purchasing an additional 500 shares in the last quarter. 88.75% of the stock is currently owned by institutional investors and hedge funds.
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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