Advance Auto Parts, Inc. (NYSE:AAP – Free Report) – Analysts at DA Davidson increased their Q3 2025 earnings per share estimates for Advance Auto Parts in a research report issued on Tuesday, September 9th. DA Davidson analyst M. Baker now forecasts that the company will post earnings per share of $0.74 for the quarter, up from their prior forecast of $0.73. DA Davidson currently has a “Neutral” rating and a $63.00 target price on the stock. The consensus estimate for Advance Auto Parts’ current full-year earnings is ($0.46) per share.
Advance Auto Parts (NYSE:AAP – Get Free Report) last posted its earnings results on Thursday, August 14th. The company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.10. Advance Auto Parts had a negative net margin of 4.37% and a negative return on equity of 1.97%. The firm had revenue of $2.01 billion during the quarter, compared to analyst estimates of $1.97 billion. During the same quarter in the prior year, the business posted $0.75 EPS. The business’s revenue was down 7.7% compared to the same quarter last year. Advance Auto Parts has set its FY 2025 guidance at 1.200-2.20 EPS.
Advance Auto Parts Stock Performance
NYSE AAP opened at $59.21 on Wednesday. Advance Auto Parts has a 1 year low of $28.89 and a 1 year high of $70.00. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.27 and a quick ratio of 0.49. The firm has a market cap of $3.55 billion, a price-to-earnings ratio of -9.30 and a beta of 1.06. The company has a fifty day moving average price of $58.76 and a 200-day moving average price of $46.17.
Institutional Investors Weigh In On Advance Auto Parts
Institutional investors and hedge funds have recently bought and sold shares of the stock. AMG National Trust Bank raised its stake in Advance Auto Parts by 38.1% in the first quarter. AMG National Trust Bank now owns 43,615 shares of the company’s stock valued at $1,710,000 after purchasing an additional 12,040 shares in the last quarter. Raymond James Financial Inc. raised its stake in Advance Auto Parts by 13.0% in the first quarter. Raymond James Financial Inc. now owns 210,886 shares of the company’s stock valued at $8,269,000 after purchasing an additional 24,342 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Advance Auto Parts by 0.5% during the first quarter. Dimensional Fund Advisors LP now owns 2,741,701 shares of the company’s stock worth $107,500,000 after acquiring an additional 13,412 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in shares of Advance Auto Parts by 455.0% during the first quarter. Janney Montgomery Scott LLC now owns 58,790 shares of the company’s stock worth $2,305,000 after acquiring an additional 48,198 shares in the last quarter. Finally, Principal Financial Group Inc. raised its stake in shares of Advance Auto Parts by 2.4% during the first quarter. Principal Financial Group Inc. now owns 294,537 shares of the company’s stock worth $11,549,000 after acquiring an additional 6,805 shares in the last quarter. 88.70% of the stock is owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In related news, SVP Jason Hand sold 948 shares of the firm’s 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 sale, the senior vice president directly owned 9,876 shares of the company’s stock, valued at $479,183.52. This trade represents a 8.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.35% of the stock is owned by corporate insiders.
Advance Auto Parts Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, October 24th. Investors of record on Friday, October 10th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Friday, October 10th. Advance Auto Parts’s dividend payout ratio (DPR) is currently -15.70%.
Advance Auto Parts Company Profile
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.
Featured Articles
- Five stocks we like better than Advance Auto Parts
- The Basics of Support and Resistance
- Part of the Club: Robinhood & AppLovin Soar on S&P 500 Inclusion
- Using the MarketBeat Dividend Yield Calculator
- Despite Pullback, Rocket Lab Still Looks Primed for a Breakout
- How to start investing in penny stocks
- Analyst Upgrades Strengthen Microsoft’s Long-Term Outlook
Receive News & Ratings for Advance Auto Parts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advance Auto Parts and related companies with MarketBeat.com's FREE daily email newsletter.