Key Takeaways:
- Genuine Parts (GPC, Financial) anticipates a 24.3% decline in EPS for the first quarter, despite a modest revenue increase.
- Analysts offer a mixed outlook, with target prices suggesting potential for significant upside.
- GuruFocus metrics reveal an estimated GF Value highlighting substantial potential growth for the stock.
Upcoming Earnings Report
Genuine Parts Co (GPC) is poised to unveil its first-quarter earnings results on April 22nd before the stock market's opening bell. Analysts are forecasting an earnings per share (EPS) of $1.68, marking a substantial 24.3% decline compared to the same period last year. Conversely, the projected revenue is expected to edge up by 0.5% year-over-year, reaching an anticipated $5.83 billion.
Notably, the last few months have witnessed a distinct lack of positive momentum in EPS forecasts, with zero upward revisions and eight downgrades. Meanwhile, revenue estimates have seen two upward and six downward adjustments, indicating cautious optimism among analysts.
Analyst Price Targets and Recommendations
According to projections from nine financial analysts, the average one-year price target for Genuine Parts Co (GPC, Financial) is set at $129.94, with forecasts peaking at $155.00 and bottoming out at $114.00. This average target price suggests a potential upside of 16.80% from its current stock price of $111.25. For those interested in more comprehensive data, further details can be accessed via the Genuine Parts Co (GPC) Forecast page.
The consensus among 14 brokerage firms assigns Genuine Parts Co (GPC, Financial) an average recommendation rating of 2.6, which equates to a "Hold" status. This rating uses a scale from 1 to 5, where 1 represents a Strong Buy and 5 suggests a Sell, signaling a cautious approach from the analyst community.
GF Value Estimation
As per GuruFocus's proprietary assessments, the projected GF Value of Genuine Parts Co (GPC, Financial) in the upcoming year is estimated at $166.53. This value reflects a potential upside of 49.69% from the current trading price of $111.25. The GF Value is GuruFocus's benchmark for what should be considered the fair trading value of the stock, computed from historical trading multiples, past growth trajectories, and future business performance estimates. For a deeper dive into this analysis, investors are encouraged to visit the Genuine Parts Co (GPC) Summary page.
