Analyst Ratings for Genuine Parts Co. (GPC)Updated: 2017-07-28
Genuine Parts Co. (NYSE:GPC) was awarded an average rating of Hold from investment analysts following the stock. GPC had previously received a consensus rating of Hold a month ago.
3 analysts declared GPC a buy, 0 gave an overweight rating, 8 gave a hold rating, 1 issued an underweight rating, and 1 issued a sell rating. Compared to three months ago, there has been an increase of 2 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
A number of analysts gave price targets for GPC. The most optimistic price target was 102, implying a possible profit of 20.3 percent. The most pessimistic price target was 78, implying potential capital losses of -8.01 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.91 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -1.91 percent. Meanwhile, fiscal year estimates have been revised downwards by -1.15 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.25 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 4 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 4 analysts decreased their estimates.
GPC has an estimated earnings growth rate of 4.81 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. GPC has a PEG ratio of 3.81.
In the trailing 52-weeks, GPC hit 105.18 at the highest peak, while it's lowest trading point was 80.86. Today's price is 4.86 percent above the 52-week low, and 19.39 percent lower than its 52-week high. GPC has a price/earnings ratio of 18.31. Investors typically compare the P/E ratio to a company's peers in the industry. The GPC value stock report compares GPC to some of its peers using value stock charts. The market cap of GPC is $12.21 billion. GPC's next earnings release will be on 0000-00-00, which is days away.