Advance Auto Parts(AAP, $160.51) missed earnings and sales estimates in latest quarter
Advance Auto Parts posted lower-than-expected second-quarter earnings and sales.
The auto aftermarket parts retailer's adjusted earnings for the quarter came in at $2 a share, which fell short of the $2.22 a share expected by analysts polled by FactSet.
Unadjusted earnings of $1.73 a share, was higher than the year-ago quarter’s $1.59 a share.
Revenue for the quarter was $2.33 billion, lower than analysts' estimate of $2.4 billion. The figure was same as that of the year-ago quarter.
Comparable-store sales were flat.
Looking ahead, Advance Auto Parts lowered its full-year outlook on net sales to between $9.65 billion and $9.75 billion (from prior guidance of between $9.65 billion and $9.8 billion). The company slashed its comparable same-store sales guidance to between 1% and 2% (from prior range of between 1% and 2.5%).
AAP's RSI Indicator peaks and leaves overbought zone
The 10-day RSI Oscillator for AAP moved out of overbought territory on June 11, 2025. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 32 instances where the indicator moved out of the overbought zone. In of the 32 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Moving Average Convergence Divergence Histogram (MACD) for AAP turned negative on June 13, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 42 similar instances when the indicator turned negative. In of the 42 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where AAP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
AAP broke above its upper Bollinger Band on July 07, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on July 01, 2025. You may want to consider a long position or call options on AAP as a result. In of 91 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The 50-day moving average for AAP moved above the 200-day moving average on June 27, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where AAP advanced for three days, in of 307 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 217 cases where AAP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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