Forecasting The Future: 8 Analyst Projections For Genuine Parts

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Across the recent three months, 8 analysts have shared their insights on Genuine Parts GPC, expressing a variety of opinions spanning from bullish to bearish.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 2 1 5 0 0
Last 30D 1 0 0 0 0
1M Ago 0 0 0 0 0
2M Ago 0 0 0 0 0
3M Ago 1 1 5 0 0

In the assessment of 12-month price targets, analysts unveil insights for Genuine Parts, presenting an average target of $135.62, a high estimate of $160.00, and a low estimate of $120.00. Experiencing a 13.14% decline, the current average is now lower than the previous average price target of $156.14.

price target chart

Interpreting Analyst Ratings: A Closer Look

The perception of Genuine Parts by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Chris Dankert Loop Capital Announces Buy $155.00 -
Scot Ciccarelli Truist Securities Lowers Buy $129.00 $164.00
Seth Basham Wedbush Lowers Neutral $120.00 $145.00
Kate McShane Goldman Sachs Lowers Neutral $138.00 $162.00
Greg Melich Evercore ISI Group Lowers In-Line $123.00 $160.00
Michael Lasser UBS Lowers Neutral $125.00 $145.00
Christopher Horvers JP Morgan Lowers Overweight $135.00 $162.00
Greg Melich Evercore ISI Group Raises In-Line $160.00 $155.00

Key Insights:

  • Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Genuine Parts. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Genuine Parts compared to the broader market.
  • Price Targets: Analysts predict movements in price targets, offering estimates for Genuine Parts's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

Capture valuable insights into Genuine Parts's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Genuine Parts analyst ratings.

All You Need to Know About Genuine Parts

Genuine Parts sells aftermarket automotive parts (about 60% of sales) and industrial products (40% of sales) in the United States and internationally. The automotive segment primarily acts as a distributor to its network of 9,800 global retail locations of which about two thirds are independently owned and operated. we estimate Genuine serves around 6,000 retail locations in the US operating under the Napa Auto Parts brand, with about 80% of end market sales derived from professional customers. Its industrial segment, primarily operating under the Motion banner in the United States, serves as a leading distributor of bearings, power transmission, and other industrial products to more than 200,000 maintenance, repair, and original equipment manufacturer clients.

Genuine Parts: Delving into Financials

Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.

Revenue Growth: Genuine Parts's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 2.5%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: Genuine Parts's net margin excels beyond industry benchmarks, reaching 3.8%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Genuine Parts's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 4.91%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): Genuine Parts's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.16% ROA, the company effectively utilizes its assets for optimal returns.

Debt Management: Genuine Parts's debt-to-equity ratio stands notably higher than the industry average, reaching 1.28. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.

The Significance of Analyst Ratings Explained

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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