Q1 EPS Forecast for Advance Auto Parts Raised by Analyst

Advance Auto Parts, Inc. (NYSE:AAP) – Investment analysts at Zacks Research upped their Q1 2026 earnings per share estimates for Advance Auto Parts in a note issued to investors on Monday, July 14th. Zacks Research analyst R. Department now anticipates that the company will post earnings per share of $0.62 for the quarter, up from their prior forecast of $0.61. 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’ Q3 2026 earnings at $0.92 EPS, Q4 2026 earnings at $0.90 EPS, FY2026 earnings at $3.21 EPS, Q1 2027 earnings at $1.16 EPS, Q2 2027 earnings at $1.00 EPS and FY2027 earnings at $4.23 EPS.

Advance Auto Parts (NYSE:AAP) last posted its quarterly earnings results on Thursday, May 22nd. The company reported ($0.22) earnings per share for the quarter, topping the consensus estimate of ($0.81) by $0.59. Advance Auto Parts had a negative return on equity of 1.76% and a negative net margin of 3.74%. The firm had revenue of $2.58 billion for the quarter, compared to analyst estimates of $2.51 billion. During the same quarter in the previous year, the firm earned $0.67 EPS. The business’s quarterly revenue was down 24.2% on a year-over-year basis.

A number of other equities research analysts also recently weighed in on AAP. UBS Group reiterated a “neutral” rating and issued a $50.00 target price (up from $36.00) on shares of Advance Auto Parts in a report on Friday, May 23rd. Mizuho increased their price target on Advance Auto Parts from $38.00 to $44.00 and gave the stock a “neutral” rating in a report on Thursday, July 3rd. Evercore ISI increased their price target on Advance Auto Parts from $50.00 to $52.00 and gave the stock an “in-line” rating in a report on Tuesday, June 24th. Redburn Partners upgraded Advance Auto Parts from a “sell” rating to a “neutral” rating and set a $45.00 price target on the stock in a report on Tuesday, June 3rd. Finally, Morgan Stanley raised their target price on Advance Auto Parts from $45.00 to $48.00 and gave the company an “equal weight” rating in a report on Friday, May 23rd. Three equities research analysts have rated the stock with a sell rating, nineteen have given a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $46.53.

Advance Auto Parts Price Performance

Shares of NYSE AAP opened at $61.14 on Thursday. The stock has a market capitalization of $3.66 billion, a PE ratio of -10.42 and a beta of 1.04. The business has a fifty day moving average price of $48.55 and a two-hundred day moving average price of $42.94. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.27 and a quick ratio of 0.49. Advance Auto Parts has a fifty-two week low of $28.89 and a fifty-two week high of $64.84.

Advance Auto Parts Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 25th. Investors of record on Friday, July 11th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, July 11th. This represents a $1.00 annualized dividend and a dividend yield of 1.64%. Advance Auto Parts’s dividend payout ratio (DPR) is presently -17.04%.

Insider Transactions at Advance Auto Parts

In other news, SVP Jason Hand sold 948 shares of the stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $48.52, for a total value of $45,996.96. Following the completion of the sale, the senior vice president owned 9,876 shares of the company’s stock, valued at $479,183.52. This represents a 8.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.35% of the company’s stock.

Institutional Investors Weigh In On Advance Auto Parts

A number of hedge funds and other institutional investors have recently modified their holdings of AAP. Janney Montgomery Scott LLC raised its stake in Advance Auto Parts by 45.7% during the 2nd quarter. Janney Montgomery Scott LLC now owns 85,670 shares of the company’s stock worth $3,983,000 after acquiring an additional 26,880 shares in the last quarter. State of Alaska Department of Revenue raised its position in Advance Auto Parts by 8.3% during the second quarter. State of Alaska Department of Revenue now owns 35,620 shares of the company’s stock worth $1,655,000 after acquiring an additional 2,739 shares during the last quarter. Financiere des Professionnels Fonds d investissement inc. purchased a new stake in shares of Advance Auto Parts in the second quarter valued at about $229,000. Moody National Bank Trust Division lifted its holdings in shares of Advance Auto Parts by 3.9% in the second quarter. Moody National Bank Trust Division now owns 27,663 shares of the company’s stock valued at $1,286,000 after purchasing an additional 1,043 shares in the last quarter. Finally, Parallel Advisors LLC lifted its holdings in shares of Advance Auto Parts by 355.8% in the second quarter. Parallel Advisors LLC now owns 939 shares of the company’s stock valued at $44,000 after purchasing an additional 733 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.