Q1 Earnings Forecast for AAP Issued By William Blair

Advance Auto Parts, Inc. (NYSE:AAP) – Equities research analysts at William Blair issued their Q1 2025 earnings per share estimates for shares of Advance Auto Parts in a research note issued on Wednesday, February 26th. William Blair analyst P. Blee anticipates that the company will earn ($1.01) per share for the quarter. 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 $0.86 EPS and FY2025 earnings at $1.58 EPS.

AAP has been the topic of several other reports. The Goldman Sachs Group cut their target price on Advance Auto Parts from $60.00 to $43.00 and set a “neutral” rating on the stock in a research note on Friday, November 15th. BMO Capital Markets dropped their price target on Advance Auto Parts from $45.00 to $40.00 and set a “market perform” rating on the stock in a research note on Thursday, February 27th. Wells Fargo & Company raised their price target on Advance Auto Parts from $40.00 to $45.00 and gave the stock an “equal weight” rating in a research note on Monday, January 6th. Royal Bank of Canada dropped their price target on Advance Auto Parts from $50.00 to $44.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 27th. Finally, Evercore ISI raised their price target on Advance Auto Parts from $45.00 to $60.00 and gave the stock a “hold” rating in a research note on Wednesday, November 20th. One analyst has rated the stock with a sell rating, sixteen have issued a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $46.69.

Advance Auto Parts Stock Performance

Shares of AAP opened at $34.65 on Monday. The business’s fifty day simple moving average is $45.71 and its two-hundred day simple moving average is $43.31. The company has a current ratio of 1.34, a quick ratio of 0.62 and a debt-to-equity ratio of 0.69. Advance Auto Parts has a 12 month low of $34.57 and a 12 month high of $88.56. The company has a market cap of $2.07 billion, a price-to-earnings ratio of 47.46, a P/E/G ratio of 1.98 and a beta of 1.15.

Hedge Funds Weigh In On Advance Auto Parts

Several large investors have recently made changes to their positions in the business. Eminence Capital LP bought a new stake in shares of Advance Auto Parts in the fourth quarter worth about $87,214,000. Price T Rowe Associates Inc. MD increased its holdings 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 purchasing an additional 1,706,328 shares during the last quarter. Pzena Investment Management LLC increased its holdings in shares of Advance Auto Parts by 140.3% in the third quarter. Pzena Investment Management LLC now owns 2,908,658 shares of the company’s stock worth $113,409,000 after purchasing an additional 1,698,155 shares during the last quarter. Cooper Creek Partners Management LLC bought a new stake in shares of Advance Auto Parts in the fourth quarter worth about $75,055,000. Finally, Marshall Wace LLP increased its holdings in shares of Advance Auto Parts by 2,585.1% in the fourth quarter. Marshall Wace LLP now owns 1,353,912 shares of the company’s stock worth $64,026,000 after purchasing an additional 1,303,488 shares during the last quarter. 88.75% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP Tammy M. Finley sold 1,276 shares of the business’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $44.06, for a total value of $56,220.56. Following the transaction, the executive vice president now directly owns 24,266 shares in the company, valued at $1,069,159.96. The trade was a 5.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.35% of the company’s stock.

Advance Auto Parts Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Stockholders of record on Friday, April 11th will be given a $0.25 dividend. The ex-dividend date of this dividend is Friday, April 11th. This represents a $1.00 annualized dividend and a dividend yield of 2.89%. Advance Auto Parts’s payout ratio is -17.86%.

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.