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Auto Parts Stocks Are Getting Crushed Thanks To O'Reilly's Guidance Cut
Wednesday, July 5, 2017 - 11:39am | 462Auto parts stocks were notable decliners on Wednesday after O'Reilly Automotive Inc (NASDAQ: ORLY) reported a second-quarter comp sales results, which included a disappointing comp sales and a cautious outlook. Comparable-store sales rose just 1.7 percent, notably short of the company's own...
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AutoZone Is One Of The Steadiest Performers In Auto-Parts Retail Space
Tuesday, June 20, 2017 - 3:44pm | 396Oppenheimer hosted its 17th Annual Oppenheimer Consumer Conference in Boston this week and welcomed AutoZone, Inc. (NYSE: AZO)'s management team, including its executive vice president and chief financial officer, Bill Giles. Following a chat with management, Oppenheimer's Brian Nagel maintains an...
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Jim Cramer On Genuine Parts: The Amazon-Resistant Company 'Doesn't Get Enough Credit'
Wednesday, April 19, 2017 - 12:57pm | 426Shares of Genuine Parts Company (NYSE: GPC) were trading higher by more than 3 percent after the company reported a top-and-bottom-line beat in its first quarter report and raised its full year guidance. The move caught the attention of CNBC's Jim Cramer who suggested that the distributor of...
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'Compelling Buying Opportunity' In Auto Parts, UBS Claims
Tuesday, March 15, 2016 - 11:43am | 334In a new report, UBS analyst Colin Langran discusses the buying opportunity that the firm sees in auto suppliers. According to Langran, the risk for top stocks is majorly skewed to the upside. “The combination of improving earnings and lower valuations has created a compelling buying...
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Barclays Downgrades Auto Sector To 'Negative,' But Reiterates Bull Thesis On Mobileye
Thursday, July 16, 2015 - 10:40am | 923In a report published Thursday, Barclays analyst Brian Johnson downgrade the entire U.S. Autos and Auto Parts sector to "Negative" from "Neutral" due to concerns in China, negative sales in the third quarter and declining production in 2016. "While the sector has...
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Top 4 NASDAQ Stocks In The Auto Parts Industry With The Highest Profit Margin
Tuesday, May 12, 2015 - 4:51am | 133Below are the top auto parts stocks on the NASDAQ in terms of profit margin. The trailing-twelve-month profit margin at Gentex Corporation (NASDAQ: GNTX) is 21.10 percent. Gentex's PEG ratio is 1.53. The trailing-twelve-month profit margin at Dorman Products Inc. (NASDAQ: DORM) is 11.60 percent...
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Top 4 NYSE Stocks In The Auto Parts Industry With The Highest Revenue
Wednesday, April 29, 2015 - 4:31am | 128Below are the auto parts stocks on the NYSE in terms of revenue. The trailing-twelve-month revenue at Johnson Controls Inc (NYSE: JCI) is $42.92 billion. Johnson Controls' operating margin for the same period is 5.66 percent. The trailing-twelve-month revenue at Lear Corporation (NYSE: LEA) is...
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What RBC Analysts Are Watching In The Auto Space Ahead Of Earnings
Wednesday, April 8, 2015 - 12:58pm | 504In a report published Tuesday, RBC Capital Markets analyst Joseph Spak previewed the U.S. Auto and Auto Parts sector ahead of earning season, noting that first quarter results should be "fine" but the larger focus will be on the outlook. According to Spak, foreign exchange translation...
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Deutsche Bank Offers 13 Retail Predictions For 2015
Thursday, January 8, 2015 - 11:20am | 411Mike Baker of Deutsche Bank released a list of 13 predictions concerning the Retail sector. The predictions are: Retail will outperform the market in 2015 after underperforming in 2014. Retail sales growth will accelerate, helped by lower energy costs. Gross margins have peaked, but...
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Deutsche Bank Assumes Cautious Tone Over Auto Sector Heading Into Earnings
Monday, October 13, 2014 - 1:45pm | 479Rod Lache of Deutsche Bank released an earnings preview for autos and auto-part companies. The Street has grown more "cautious" over auto manufacturers and auto-part suppliers and Lache does not expect the coming third-quarter earnings season to "allay" investors'...