Truist Financial analyst Scot Ciccarelli maintains $Genuine Parts (GPC.US)$ with a buy rating, and sets the target price at $129.
According to TipRanks data, the analyst has a success rate of 73.7% and a total average return of 18.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Genuine Parts (GPC.US)$'s main analysts recently are as follows:
Genuine Parts' Q3 results did not meet expectations, and despite the promising potential of the investment case, the company has not realized this potential in recent quarters. The outlook suggests a continuing weak environment into Q4, and there appears to be no immediate catalyst for the stock.
The third quarter outcomes for Genuine Parts were notably underwhelming, even compared to reduced forecasts, with the company grappling with higher-than-anticipated wage and rental inflation, particularly internationally. The difficulty of maneuvering a worldwide corporation is accentuated by persistent pressure on trends, limited cost flexibility after a protracted period of economic deceleration, and committed expenditures for planned investments. The performance of the stock is observed to correlate with the growth or contraction of the company's various business segments.
Genuine Parts' third-quarter results fell short of expectations on the revenue front once adjusted for acquisitions and were significantly below estimates on the profit side. Additionally, the company has cut its full-year forecast, indicating that the observed weakness is expected to continue into the fourth quarter.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
储亿银行分析师Scot Ciccarelli维持$Genuine Parts (GPC.US)$买入评级，目标价129美元。
根据TipRanks数据显示，该分析师近一年总胜率为73.7%，总平均回报率为18.0%。
此外，综合报道，$Genuine Parts (GPC.US)$近期主要分析师观点如下：
Genuine Parts第三季度的业绩未达到预期，尽管投资案例潜力巨大，但该公司在最近几个季度尚未实现这一潜力。前景表明，第四季度环境持续疲软，该股似乎没有直接的催化剂。
即使与下调的预测相比，原装零件第三季度的业绩也明显不佳，该公司正在努力应对高于预期的工资和租金通胀，尤其是在国际上。持续的趋势压力、长期经济减速后成本灵活性有限，以及计划投资的承诺支出，加剧了全球公司操纵的困难。据观察，该股票的表现与公司各个业务部门的增长或收缩相关。
经收购调整后，Genuine Parts第三季度的收入业绩低于预期，利润方面也大大低于预期。此外，该公司下调了全年预测，表明观察到的疲软预计将持续到第四季度。
提示:
TipRanks为独立第三方，提供金融分析师的分析数据，并计算分析师推荐的平均回报率和胜率。提供的信息并非投资建议，仅供参考。本文不对评级数据和报告的完整性与准确性做出认可、声明或保证。
TipRanks提供每位分析师的星级，分析师星级代表分析师所有推荐的过往表现，通过分析师的总胜率和平均回报率综合计算得出，星星越多，则该分析师过往表现越优异，最高为5颗星。
分析师总胜率为近一年分析师的评级成功次数占总评级次数的比率。评级的成功与否，取决于TipRanks的虚拟投资组合是否从该股票中产生正回报。
总平均回报率为基于分析师的初始评级创建虚拟投资组合，并根据评级变化对组合进行调整，在近一年中该投资组合所获得的回报率。
