Advance Auto Parts (AAP) Projected to Post Quarterly Earnings on Thursday

Advance Auto Parts (NYSE:AAP) will likely be posting its Q2 2025 quarterly earnings results before the market opens on Thursday, August 14th. Analysts expect Advance Auto Parts to post 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 posted its quarterly 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 business had revenue of $2.58 billion during the quarter, compared to the consensus estimate of $2.51 billion. Advance Auto Parts had a negative net margin of 3.74% and a negative return on equity of 1.76%. The company’s quarterly revenue was down 24.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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 Performance

NYSE:AAP opened at $59.16 on Wednesday. The company has a fifty day simple moving average of $54.76 and a two-hundred day simple moving average of $44.46. The company has a market cap of $3.55 billion, a price-to-earnings ratio of -10.08 and a beta of 1.05. The company has a quick ratio of 0.49, a current ratio of 1.27 and a debt-to-equity ratio of 0.68. Advance Auto Parts has a 52 week low of $28.89 and a 52 week high of $70.00.

Advance Auto Parts Dividend Announcement

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

Insider Activity at Advance Auto Parts

In other 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 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.67% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Advance Auto Parts by 14.6% during the first 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 in the last quarter. Goldman Sachs Group Inc. raised its holdings in Advance Auto Parts by 327.7% during the first quarter. Goldman Sachs Group Inc. now owns 362,918 shares of the company’s stock worth $14,230,000 after purchasing an additional 278,066 shares in the last quarter. Finally, Royal Bank of Canada raised its holdings in Advance Auto Parts by 107.2% during the first 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 in the last quarter. 88.75% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

AAP has been the subject of a number of analyst reports. Citigroup boosted their target price on shares of Advance Auto Parts from $49.00 to $60.00 and gave the stock a “neutral” rating in a research note on Friday, July 25th. Redburn Partners upgraded shares of Advance Auto Parts from a “sell” rating to a “neutral” rating and set a $45.00 target price for the company in a research note on Tuesday, June 3rd. Redburn Atlantic upgraded shares of Advance Auto Parts from a “sell” rating to a “neutral” rating and boosted their target price for the stock from $28.00 to $45.00 in a research note on Tuesday, June 3rd. Mizuho boosted their target price on shares of Advance Auto Parts from $38.00 to $44.00 and gave the stock a “neutral” rating in a research note on Thursday, July 3rd. Finally, Raymond James Financial boosted their target price on shares of Advance Auto Parts to $49.17 and gave the stock a “hold” rating in a research note on Monday, May 26th. Three 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. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $49.82.

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.