Advance Auto Parts (AAP) to Release Earnings on Thursday

by · The Markets Daily

Advance Auto Parts (NYSE:AAP – Get Free Report) is expected to be announcing its Q2 2026 results before the market opens on Thursday, August 20th. Analysts expect Advance Auto Parts to post earnings of $0.8060 per share and revenue of $2.0387 billion for the quarter. Advance Auto Parts has set its FY 2026 guidance at 2.400-3.100 EPS. Individuals can check the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, August 20, 2026 at 8:00 AM ET.

Advance Auto Parts (NYSE:AAP – Get Free Report) last issued its quarterly 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. The firm had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.05 billion. Advance Auto Parts had a net margin of 0.51% and a return on equity of 8.95%. The business’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.40 EPS. On average, analysts expect Advance Auto Parts to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Advance Auto Parts Stock Performance

Advance Auto Parts stock opened at $57.25 on Wednesday. Advance Auto Parts has a fifty-two week low of $37.89 and a fifty-two week high of $65.21. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.85 and a current ratio of 1.78. The stock has a market cap of $3.46 billion, a P/E ratio of 79.52, a price-to-earnings-growth ratio of 0.93 and a beta of 1.03. The firm’s fifty day moving average price is $57.37 and its 200-day moving average price is $55.42.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Deutsche Bank Aktiengesellschaft raised Advance Auto Parts to a “buy” rating in a research note on Friday, May 22nd. Royal Bank Of Canada upped their price objective on Advance Auto Parts from $65.00 to $67.00 and gave the stock a “sector perform” rating in a report on Thursday, August 13th. Mizuho increased their price objective on Advance Auto Parts from $54.00 to $58.00 and gave the company a “neutral” rating in a research report on Tuesday, May 26th. Citigroup decreased their price objective on Advance Auto Parts from $60.00 to $57.00 and set a “neutral” rating on the stock in a report on Thursday, August 13th. Finally, Truist Financial boosted their target price on Advance Auto Parts from $55.00 to $62.00 and gave the stock a “hold” rating in a research report on Thursday, May 21st. Two equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $58.91.

View Our Latest Analysis on Advance Auto Parts

Hedge Funds Weigh In On Advance Auto Parts

Several hedge funds and other institutional investors have recently modified their holdings of AAP. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Advance Auto Parts in the 3rd quarter worth about $31,000. Smartleaf Asset Management LLC raised its stake in Advance Auto Parts by 290.3% in the second quarter. Smartleaf Asset Management LLC now owns 925 shares of the company’s stock worth $43,000 after buying an additional 688 shares in the last quarter. Headlands Technologies LLC bought a new position in Advance Auto Parts in the second quarter worth about $101,000. Kestra Advisory Services LLC bought a new position in Advance Auto Parts in the fourth quarter worth about $107,000. Finally, LGT Financial Advisors LLC purchased a new stake in Advance Auto Parts in the third quarter worth about $123,000. 88.70% of the stock is owned by institutional investors.

Advance Auto Parts Company Profile

(Get Free Report)

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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