AAP stock forecast indicates modest upside in Q3 2024, as analysts expect revenue recovery driven by higher consumer demand for aftermarket automotive parts. Current EPS estimates stand around $1.75, with Wall Street eyeing sequential margin improvement. Market watchers note improving cash flow could support a rebound. Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. At the same time, there are other factors our readers should be conscious of before pouring capital into a stock. For example, we've picked out 2 warning signs for Advance Auto Parts that investors should know about before committing capital to this stock. Is Advance Auto Parts not quite the opportunity you were looking for? Why not check out our selection of top dividend stocks. Turning to Wall Street, the analystsâ consensus rating for Advance Auto Parts is Hold, based on one Buy, 15 Hold, and one Sell ratings over the last three months. With that comes an average AAP stock price target of $40.86 , representing a potential 10.69% downside for the shares. These ratings and price targets will likely change as analysts update their coverage after todayâs earnings. Earnings whisper numbers for AAP stock forecast hint at possible beat by 3–5 cents per share, driven by cost discipline and healthy same-store sales growth trends in May and June.
