Advance Auto Parts, Inc. (NYSE:AAP – Get Free Report) has earned an average recommendation of “Hold” from the twenty ratings firms that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, seventeen have given a hold recommendation and two have issued a buy recommendation on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $58.6575.
Several research firms have recently issued reports on AAP. Deutsche Bank Aktiengesellschaft raised Advance Auto Parts to a “buy” rating in a research report on Friday, May 22nd. TD Cowen restated a “hold” rating on shares of Advance Auto Parts in a research note on Friday, May 22nd. Mizuho boosted their target price on Advance Auto Parts from $54.00 to $58.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 26th. UBS Group upped their price target on Advance Auto Parts from $60.00 to $65.00 and gave the company a “neutral” rating in a report on Friday, May 22nd. Finally, Royal Bank Of Canada increased their price target on shares of Advance Auto Parts from $62.00 to $65.00 and gave the company a “sector perform” rating in a research note on Friday, May 22nd.
Read Our Latest Stock Report on AAP
Institutional Investors Weigh In On Advance Auto Parts
Advance Auto Parts Price Performance
Advance Auto Parts stock opened at $55.52 on Friday. The stock has a market cap of $3.35 billion, a P/E ratio of 77.11, a price-to-earnings-growth ratio of 0.93 and a beta of 1.03. The company has a fifty day simple moving average of $57.70 and a 200-day simple moving average of $54.35. Advance Auto Parts has a 12-month low of $37.89 and a 12-month high of $65.21. The company has a current ratio of 1.78, a quick ratio of 0.85 and a debt-to-equity ratio of 1.54.
Advance Auto Parts (NYSE:AAP – Get Free Report) last issued its earnings results on Thursday, May 21st. The company reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.38. Advance Auto Parts had a net margin of 0.51% and a return on equity of 8.95%. The firm had revenue of $2.61 billion during the quarter, compared to the consensus estimate of $2.05 billion. During the same quarter in the previous year, the firm posted $0.40 earnings per share. The company’s revenue was up 1.2% compared to the same quarter last year. Advance Auto Parts has set its FY 2026 guidance at 2.400-3.100 EPS. Equities analysts expect that Advance Auto Parts will post 2.94 EPS for the current fiscal year.
Advance Auto Parts Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, July 24th. Investors of record on Friday, July 10th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Friday, July 10th. Advance Auto Parts’s dividend payout ratio (DPR) is 138.89%.
About Advance Auto Parts
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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