NEW YORK, February 28, 2013 /PRNewswire/ --
Today, Investors Alliance announced new research reports
highlighting Genuine Parts Company (NYSE:GPC), Magna International
Inc. (NYSE:MGA), Delphi Automotive PLC (NYSE:DLPH), O'Reilly
Automotive Inc. (NASDAQ:ORLY) and Dana Holding Corporation
(NYSE:DAN). Today's readers may access these reports free of charge
- including full price targets, industry analysis and analyst
ratings - via the links below.
Genuine Parts Company Research
Report
Genuine Parts posted robust growth in its Q4 2012 results, with
a 19.8 percent rise in earnings per share at $1.03 from 86 cents
year over year, and revenue growth on 3.5 percent to $3.1 billion, both driven by news of the
company's plans to freeze its pension plan. In comparison, analysts
estimated earnings per share of 93
cents and revenue of $3.2
billion. The company amended its pension plan in December,
freezing future benefit accruals for all participants as of
Dec. 31. The changes resulted in a
one-time gain of $23.5 million during
the quarter. Three of the company's four businesses all posted
respectable sales growth for the quarter, led by the 4.9 percent
revenue growth in the Automotive segment. In addition, the company
announced an 8.6 percent increase in its annual dividend at
$2.15 per share, compared to last
year's $1.98. The increased quarterly
cash dividend of $0.5375 per share is
payable on Apr 1, 2013. The Full
Research Report on Genuine Parts Company - including full detailed
breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.investors-alliance.com/r/full_research_report/5082_GPC]
--
Magna International Inc. Research
Report
Magna expects to rake in higher sales and increase its
production volume this year with its strong position in
North America and Europe and its expansion in high growth
markets. Revenues are expected to come in the range of $31.3 billion and $32.7
billion for 2013 with 15.3 million light vehicles in
North America and 12 million light
vehicles in Western Europe.
Meanwhile, total production sales are expected to increase by
$2.2 billion from 2013 to 2015, based
on light vehicle production in North
America and Western Europe.
The company is also seen to benefit from its accretive acquisitions
and expansion strategy, particularly in China with its joint venture with Changshu
Automotive Trim Co. and Chery Tech. In addition, stricter emissions
control regulations of the US government could increase the demand
for auto parts and other fuel efficient components for trucks. The
Full Research Report on Magna International Inc. - including full
detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.investors-alliance.com/r/full_research_report/e3f2_MGA]
--
Delphi Automotive PLC Research
Report
Delphi entered a strategic collaboration agreement with NXP
Semiconductors, where the car parts maker will be supplied with
NXP's SAF775x, a single-chip RFCMOS multi-tuner car radio IC and
NXP's AM/FM background tuner. The two companies have previously
worked together, where Delphi has been at the forefront of using
NXP's software-defined radio for digital reception, like the
SAF36xx family. In other news, company subsidiary Delphi
Corporation announced a proposed offering of $800 million in Senior Notes due 2023, of which
the proceeds will be used to repay a portion of the term loan
indebtedness under its credit agreement and for general corporate
purposes. Eight banks led by JPMorgan and Merrill Lynch are
book-running managers for the offering, according to the press
release. The Full Research Report on Delphi Automotive PLC -
including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
[http://www.investors-alliance.com/r/full_research_report/5348_DLPH]
--
O'Reilly Automotive Inc. Research
Report
O'Reilly posted robust growth in its Q4 2012 results, reporting
a 22.6 percent rise in earnings per share at $1.14 from 93 cents
per share year over year, or net income of $133 million. Revenues for the quarter meanwhile
grew 7.2 percent to $1.5 billion,
while comparable store sales rose 4.2 percent. In comparison,
analysts estimated earnings at $1.08
per share and revenue at $1.5 billion
for the quarter. The company opened 185 new stores last year, with
a total of 3,976 stores as of December 31,
2012. O'Reilly also plans to open a total of 190 new stores
in 2013. In other news, the company repurchased 3.6 million shares
of its common stock at an average price of $87.71, reflecting a total investment of
$312 million. For the full year, the
company has repurchased 16.2 million shares at $89.20 per share, implying a total investment of
$1.45 billion. The Street rates the
company as a "buy," citing performance in stock price, earnings per
share, net income, revenue, and return on equity. The Full Research
Report on O'Reilly Automotive Inc - including full detailed
breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.investors-alliance.com/r/full_research_report/eb90_ORLY]
--
Dana Holding Corporation Research
Report
Dana reported strong Q4 2012 performance, with notable growth in
net income at $88 million from
$71 million year over year. Meanwhile
net income available to common stockholders was $80 million or $0.41 per share, higher than $63 million or $0.33 per share, a year earlier. In comparison,
analysts expected earnings per share of $0.34 for the quarter. However sales were down at
$1.61 billion compared with
$1.9 billion year over year, due to
losses in unfavorable currency, program roll offs, and lower
end-market demand, putting an impact on Dana's Commercial Vehicle
and Off-Highway business segments. The company did however meet
analyst expectations of $1.61
billion. Dana expects earnings per share of $1.88 to $1.95 in 2013, not including the impact
of its share repurchase program, as well as sales of about
$7.1 billion for the full year.
Deutsche Bank and Morgan Stanley gave the company a "buy" and
"overweight" rating, respectively, with price targets both at
$20. The Full Research Report on Dana
Holding Corporation - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge
at:
[http://www.investors-alliance.com/r/full_research_report/67d8_DAN]
--
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Contact: Patricia Byers
Email: press@investors-alliance.com
Main: +1-480-745-7826
SOURCE Investors-Alliance