Q2 EPS Estimate for Advance Auto Parts Decreased by Analyst

Advance Auto Parts, Inc. (NYSE:AAP) – Investment analysts at William Blair dropped their Q2 2025 earnings estimates for shares of Advance Auto Parts in a report released on Thursday, May 22nd. William Blair analyst P. Blee now anticipates that the company will earn $0.46 per share for the quarter, down from their prior forecast of $0.47. The consensus estimate for Advance Auto Parts’ current full-year earnings is ($0.46) per share. William Blair also issued estimates for Advance Auto Parts’ Q4 2025 earnings at $0.77 EPS, FY2025 earnings at $1.80 EPS and FY2026 earnings at $3.25 EPS.

Advance Auto Parts (NYSE:AAP) last posted its earnings results on Thursday, May 22nd. The company reported ($0.22) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.81) by $0.59. The company had revenue of $2.58 billion during the quarter, compared to analyst estimates of $2.51 billion. Advance Auto Parts had a net margin of 0.41% and a return on equity of 1.82%. Advance Auto Parts’s revenue for the quarter was down 24.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.67 earnings per share.

AAP has been the subject of several other reports. Wells Fargo & Company set a $35.00 price objective on shares of Advance Auto Parts and gave the stock an “equal weight” rating in a report on Monday, May 19th. The Goldman Sachs Group reissued a “neutral” rating and issued a $48.00 target price (up previously from $43.00) on shares of Advance Auto Parts in a research report on Thursday. Truist Financial dropped their price target on Advance Auto Parts from $39.00 to $34.00 and set a “hold” rating on the stock in a research report on Thursday, February 27th. Morgan Stanley increased their price objective on Advance Auto Parts from $45.00 to $48.00 and gave the stock an “equal weight” rating in a report on Friday. Finally, BMO Capital Markets raised their price objective on Advance Auto Parts from $40.00 to $50.00 and gave the company a “market perform” rating in a research report on Friday. One analyst has rated the stock with a sell rating, seventeen have issued a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, Advance Auto Parts currently has an average rating of “Hold” and a consensus price target of $45.71.

Advance Auto Parts Trading Down 1.0%

Shares of AAP opened at $48.70 on Monday. Advance Auto Parts has a 1-year low of $28.89 and a 1-year high of $71.62. The company has a current ratio of 1.34, a quick ratio of 0.62 and a debt-to-equity ratio of 0.69. The firm’s 50-day moving average price is $34.63 and its 200-day moving average price is $40.39. The firm has a market capitalization of $2.91 billion, a price-to-earnings ratio of 66.71, a PEG ratio of 1.98 and a beta of 0.93.

Advance Auto Parts Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 25th. Stockholders of record on Friday, July 11th will be paid a $0.25 dividend. The ex-dividend date is Friday, July 11th. This represents a $1.00 annualized dividend and a dividend yield of 2.05%. Advance Auto Parts’s dividend payout ratio is presently -17.86%.

Insider Activity

In other Advance Auto Parts news, CEO Shane M. Okelly acquired 1,500 shares of the stock in a transaction that occurred on Tuesday, March 11th. The shares were acquired at an average cost of $36.79 per share, with a total value of $55,185.00. Following the transaction, the chief executive officer now owns 183,121 shares of the company’s stock, valued at $6,737,021.59. The trade was a 0.83% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Eugene I. Lee, Jr. bought 14,640 shares of Advance Auto Parts stock in a transaction on Thursday, March 6th. The stock was acquired at an average cost of $34.15 per share, with a total value of $499,956.00. Following the acquisition, the director now owns 34,070 shares in the company, valued at approximately $1,163,490.50. This represents a 75.35% increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 0.67% of the company’s stock.

Hedge Funds Weigh In On Advance Auto Parts

A number of hedge funds have recently bought and sold shares of AAP. Price T Rowe Associates Inc. MD grew its stake in shares of Advance Auto Parts by 34.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 6,685,541 shares of the company’s stock worth $316,160,000 after acquiring an additional 1,706,328 shares during the period. Pzena Investment Management LLC boosted its holdings in Advance Auto Parts by 31.8% in the first quarter. Pzena Investment Management LLC now owns 4,312,508 shares of the company’s stock worth $169,093,000 after purchasing an additional 1,041,611 shares during the last quarter. Fuller & Thaler Asset Management Inc. grew its position in Advance Auto Parts by 3.0% in the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 3,552,475 shares of the company’s stock worth $139,293,000 after purchasing an additional 102,921 shares during the period. Dimensional Fund Advisors LP grew its position in Advance Auto Parts by 0.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,741,701 shares of the company’s stock worth $107,500,000 after purchasing an additional 13,412 shares during the period. Finally, Eminence Capital LP purchased a new stake in Advance Auto Parts during the 4th quarter valued at $87,214,000. Hedge funds and other institutional investors own 88.75% of the company’s stock.

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.