Advance Auto Parts, Inc. (NYSE:AAP – Get Free Report) has received a consensus rating of “Hold” from the twenty brokerages that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, seventeen have assigned a hold rating and two have assigned a buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $58.6575.
Several analysts have recently commented on the stock. UBS Group raised their price objective on shares of Advance Auto Parts from $60.00 to $65.00 and gave the company a “neutral” rating in a research report on Friday, May 22nd. Deutsche Bank Aktiengesellschaft upgraded Advance Auto Parts to a “buy” rating in a research report on Friday, May 22nd. Morgan Stanley raised their target price on shares of Advance Auto Parts from $60.00 to $65.00 and gave the company an “equal weight” rating in a report on Friday, May 22nd. Truist Financial boosted their price target on shares of Advance Auto Parts from $55.00 to $62.00 and gave the stock a “hold” rating in a research report on Thursday, May 21st. Finally, Weiss Ratings raised shares of Advance Auto Parts from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, May 29th.
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Advance Auto Parts Trading Up 2.3%
Shares of Advance Auto Parts stock opened at $60.74 on Friday. The company’s fifty day simple moving average is $55.94 and its 200-day simple moving average is $51.32. The stock has a market capitalization of $3.66 billion, a PE ratio of 84.36, a P/E/G ratio of 0.97 and a beta of 1.05. Advance Auto Parts has a 1-year low of $37.89 and a 1-year high of $70.00. The company has a debt-to-equity ratio of 1.54, a current ratio of 1.78 and a quick ratio of 0.85.
Advance Auto Parts (NYSE:AAP – Get Free Report) last issued its quarterly earnings results on Thursday, May 21st. The company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.38. The business had revenue of $2.61 billion for the quarter, compared to analysts’ expectations of $2.05 billion. Advance Auto Parts had a net margin of 0.51% and a return on equity of 8.95%. The company’s revenue was up 1.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.40 EPS. Advance Auto Parts has set its FY 2026 guidance at 2.400-3.100 EPS. As a group, equities analysts anticipate that Advance Auto Parts will post 2.95 earnings per share for the current year.
Advance Auto Parts Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 24th. Shareholders of record on Friday, July 10th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, July 10th. Advance Auto Parts’s dividend payout ratio (DPR) is presently 138.89%.
Advance Auto Parts Company Profile
Advance Auto Parts, Inc (NYSE: AAP) is a leading distributor of automotive aftermarket parts, accessories, and maintenance items. The company operates a network of stores and distribution centers across North America, serving both do-it-yourself (DIY) customers and professional service providers. Advance Auto Parts focuses on offering a comprehensive selection of replacement parts, batteries, engine components, and performance products for cars and light trucks.
The company’s product portfolio includes engine oils and lubricants, cooling system components, brake and suspension parts, filters, belts, hoses, and diagnostic tools.
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