Q4 EPS Forecast for Advance Auto Parts Raised by Analyst

Advance Auto Parts, Inc. (NYSE:AAP) – Zacks Research lifted their Q4 2026 earnings estimates for Advance Auto Parts in a research report issued on Wednesday, January 15th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $0.74 per share for the quarter, up from their previous forecast of $0.63. The consensus estimate for Advance Auto Parts’ current full-year earnings is ($0.54) per share.

Advance Auto Parts (NYSE:AAP) last posted its earnings results on Thursday, November 14th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.53). Advance Auto Parts had a net margin of 0.41% and a return on equity of 1.82%. The business had revenue of $2.15 billion for the quarter, compared to analyst estimates of $2.62 billion. During the same quarter in the previous year, the firm posted ($0.82) EPS. The business’s revenue was down 3.2% compared to the same quarter last year.

Other equities analysts have also issued reports about the company. BMO Capital Markets started coverage on Advance Auto Parts in a research report on Friday, December 13th. They set a “market perform” rating and a $45.00 price target on the stock. The Goldman Sachs Group reduced their target price on shares of Advance Auto Parts from $60.00 to $43.00 and set a “neutral” rating on the stock in a research report on Friday, November 15th. DA Davidson reaffirmed a “neutral” rating and set a $45.00 price target on shares of Advance Auto Parts in a report on Friday, November 15th. Wedbush reiterated an “outperform” rating and issued a $55.00 price objective on shares of Advance Auto Parts in a report on Friday, November 15th. Finally, UBS Group raised their target price on Advance Auto Parts from $42.00 to $44.00 and gave the company a “neutral” rating in a research note on Friday, November 15th. One research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $47.93.

Advance Auto Parts Price Performance

Shares of NYSE AAP opened at $44.41 on Thursday. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.34 and a quick ratio of 0.62. Advance Auto Parts has a 1-year low of $35.59 and a 1-year high of $88.56. The company has a market capitalization of $2.65 billion, a price-to-earnings ratio of 60.84 and a beta of 1.16. The business has a 50-day moving average of $43.48 and a 200-day moving average of $46.85.

Institutional Trading of Advance Auto Parts

Institutional investors and hedge funds have recently made changes to their positions in the stock. Arkadios Wealth Advisors grew its stake in Advance Auto Parts by 45.6% during the 4th quarter. Arkadios Wealth Advisors now owns 25,136 shares of the company’s stock worth $1,189,000 after buying an additional 7,867 shares during the last quarter. Pallas Capital Advisors LLC acquired a new position in shares of Advance Auto Parts during the fourth quarter valued at $218,000. Moody National Bank Trust Division bought a new position in shares of Advance Auto Parts during the fourth quarter worth about $1,196,000. First Hawaiian Bank increased its holdings in shares of Advance Auto Parts by 14.4% in the 4th quarter. First Hawaiian Bank now owns 19,692 shares of the company’s stock worth $931,000 after acquiring an additional 2,474 shares during the period. Finally, GAMMA Investing LLC lifted its position in Advance Auto Parts by 198.3% in the 4th quarter. GAMMA Investing LLC now owns 1,575 shares of the company’s stock valued at $74,000 after purchasing an additional 1,047 shares during the last quarter. 88.75% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

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

Advance Auto Parts Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 24th. Stockholders of record on Friday, January 10th will be given a $0.25 dividend. The ex-dividend date of this dividend is Friday, January 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.25%. Advance Auto Parts’s payout ratio is currently 136.99%.

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.