Advance Auto Parts (AAP) Expected to Announce Earnings on Thursday

Advance Auto Parts (NYSE:AAP) is expected to be issuing its Q2 2025 quarterly earnings data before the market opens on Thursday, August 14th. Analysts expect the company to announce earnings of $0.59 per share and revenue of $1.97 billion for the quarter. Advance Auto Parts has set its FY 2025 guidance at 1.500-2.500 EPS.

Advance Auto Parts (NYSE:AAP) last issued its earnings results on Thursday, May 22nd. The company reported ($0.22) EPS for the quarter, topping the consensus estimate of ($0.81) by $0.59. The firm had revenue of $2.58 billion during the quarter, compared to the consensus estimate of $2.51 billion. Advance Auto Parts had a negative return on equity of 1.76% and a negative net margin of 3.74%. The business’s quarterly revenue was down 24.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.67 earnings per share. On average, analysts expect Advance Auto Parts to post $0 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Advance Auto Parts Stock Up 5.9%

Shares of NYSE AAP opened at $60.45 on Thursday. The company has a current ratio of 1.27, a quick ratio of 0.49 and a debt-to-equity ratio of 0.68. The company has a market cap of $3.62 billion, a price-to-earnings ratio of -10.30 and a beta of 1.05. Advance Auto Parts has a 12 month low of $28.89 and a 12 month high of $70.00. The stock has a 50-day moving average price of $54.01 and a two-hundred day moving average price of $44.15.

Advance Auto Parts Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 25th. Shareholders of record on Friday, July 11th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, July 11th. This represents a $1.00 annualized dividend and a yield of 1.7%. Advance Auto Parts’s payout ratio is presently -17.04%.

Analysts Set New Price Targets

Several brokerages have commented on AAP. Wall Street Zen downgraded Advance Auto Parts from a “hold” rating to a “sell” rating in a research note on Sunday, June 29th. DA Davidson boosted their price target on Advance Auto Parts from $47.00 to $65.00 and gave the stock a “neutral” rating in a report on Friday, July 25th. Evercore ISI boosted their price target on Advance Auto Parts from $52.00 to $56.00 and gave the stock an “in-line” rating in a report on Friday, July 25th. BMO Capital Markets restated a “market perform” rating and set a $50.00 price target (up from $40.00) on shares of Advance Auto Parts in a report on Friday, May 23rd. Finally, Cowen restated a “hold” rating on shares of Advance Auto Parts in a report on Friday, May 23rd. Three research analysts have rated the stock with a sell rating, nineteen have assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $48.53.

Insider Activity

In related news, SVP Jason Hand sold 948 shares of the stock in a transaction on Friday, June 20th. The stock was 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 directly owned 9,876 shares of the company’s stock, valued at approximately $479,183.52. This represents a 8.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.35% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Advance Auto Parts

Several large investors have recently made changes to their positions in AAP. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Advance Auto Parts by 14.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 180,979 shares of the company’s stock worth $7,096,000 after purchasing an additional 23,018 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of Advance Auto Parts by 327.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 362,918 shares of the company’s stock valued at $14,230,000 after buying an additional 278,066 shares in the last quarter. Finally, Royal Bank of Canada increased its stake in Advance Auto Parts by 107.2% in the 1st quarter. Royal Bank of Canada now owns 79,558 shares of the company’s stock worth $3,119,000 after purchasing an additional 41,157 shares during the period. 88.75% of the stock is owned by hedge funds and other institutional investors.

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.