Q1 EPS Forecast for Advance Auto Parts Raised by Analyst

Advance Auto Parts, Inc. (NYSE:AAP) – Investment analysts at Zacks Research raised their Q1 2026 earnings per share estimates for Advance Auto Parts in a report released on Monday, July 14th. Zacks Research analyst R. Department now expects that the company will post earnings of $0.62 per share for the quarter, up from their previous 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.

Several other research firms have also recently issued reports on AAP. Wells Fargo & Company set a $35.00 price target on Advance Auto Parts and gave the company an “equal weight” rating in a report on Monday, May 19th. Wall Street Zen cut Advance Auto Parts from a “hold” rating to a “sell” rating in a report on Sunday, June 29th. Mizuho upped their price target on Advance Auto Parts from $38.00 to $44.00 and gave the company a “neutral” rating in a report on Thursday, July 3rd. UBS Group reaffirmed a “neutral” rating and issued a $50.00 price target (up previously from $36.00) on shares of Advance Auto Parts in a report on Friday, May 23rd. Finally, Redburn Partners raised shares of Advance Auto Parts from a “sell” rating to a “neutral” rating and set a $45.00 target price on the stock in a research note on Tuesday, June 3rd. Three 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 currently has a consensus rating of “Hold” and a consensus target price of $46.53.

Advance Auto Parts Price Performance

NYSE AAP opened at $61.15 on Thursday. The stock has a market capitalization of $3.66 billion, a P/E ratio of -10.42 and a beta of 1.04. Advance Auto Parts has a 1 year low of $28.89 and a 1 year high of $64.58. The business’s fifty day moving average is $49.15 and its two-hundred day moving average is $43.03. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.49 and a current ratio of 1.27.

Advance Auto Parts (NYSE:AAP) last announced 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. 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 analysts’ expectations of $2.51 billion. During the same quarter in the previous year, the company earned $0.67 earnings per share. The firm’s quarterly revenue was down 24.2% compared to the same quarter last year.

Advance Auto Parts Dividend Announcement

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

Insider Transactions at Advance Auto Parts

In other Advance Auto Parts news, SVP Jason Hand sold 948 shares of the company’s stock in a transaction dated Friday, June 20th. The shares were sold at an average price of $48.52, for a total transaction of $45,996.96. Following the completion of the sale, the senior vice president directly owned 9,876 shares in the company, valued at $479,183.52. This represents a 8.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.35% of the stock is owned by company insiders.

Institutional Investors Weigh In On Advance Auto Parts

Hedge funds have recently bought and sold shares of the company. Hexagon Capital Partners LLC boosted its holdings in Advance Auto Parts by 189.0% during the first quarter. Hexagon Capital Partners LLC now owns 711 shares of the company’s stock valued at $28,000 after acquiring an additional 465 shares during the period. Parallel Advisors LLC lifted its stake 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 buying an additional 733 shares during the period. Advisory Services Network LLC bought a new stake in shares of Advance Auto Parts in the fourth quarter valued at about $46,000. Financial Management Professionals Inc. bought a new stake in shares of Advance Auto Parts in the first quarter valued at about $49,000. Finally, Exchange Traded Concepts LLC lifted its stake in shares of Advance Auto Parts by 1,258.8% in the first quarter. Exchange Traded Concepts LLC now owns 2,310 shares of the company’s stock valued at $91,000 after buying an additional 2,140 shares during the period. 88.75% of the stock is currently owned by 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.