US Stocks Settle Mixed Following Inflation Data: Investor Sentiment Improves, But Fear Index Remains In 'Greed' Zone

Advance Auto Parts, Inc. will release earnings results for its third quarter, before the opening bell on Thursday, Nov. 14.

Analysts expect the Raleigh, North Carolina-based company to report quarterly earnings at 54 cents per share, versus a year-ago loss of 82 cents per share. Advance Auto Parts projects to report revenue of $2.67 billion for the quarter, compared to $2.72 billion a year earlier, according to data from Benzinga Pro.

On Nov. 4, Advance Auto Parts announced the close of the sale of Worldpac, Inc. to global investment firm Carlyle .

Advance Auto Parts shares gained 2.6% to close at $40.94 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

• RBC Capital analyst Steven Shemesh maintained a Sector Perform rating and cut the price target from $52 to $46 on Nov. 11. This analyst has an accuracy rate of 65%.
• Truist Securities analyst Scott Ciccarelli maintained a Hold rating and lowered the price target from $46 to $41 on Nov. 7. This analyst has an accuracy rate of 78%.
• Evercore ISI Group analyst Greg Melich maintained an In-Line rating and decreased the price target from $71 to $67 on Oct. 22. This analyst has an accuracy rate of 80%.
• Wedbush analyst Seth Basham upgraded the stock from Neutral to Outperform on Oct. 15. This analyst has an accuracy rate of 69%.
• Wells Fargo analyst Zachary Fadem maintained an Equal-Weight rating and slashed the price target from $50 to $40 on Sept. 13. This analyst has an accuracy rate of 73%.

Considering buying AAP stock? Here’s what analysts think:

With U.S. stock futures trading lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows:

• Wall Street expects The Walt Disney Company to report quarterly earnings at $1.10 per share on revenue of $22.35 billion before the opening bell, according to data from Benzinga Pro. Disney shares rose 0.6% to $103.30 in after-hours trading.
• Cisco Systems Inc. reported better-than-expected results for its first quarter and raised its full-year 2025 guidance. The company reported first-quarter revenue of $13.84 billion, beating the consensus estimate of $13.77 billion. The networking equipment maker reported adjusted earnings of 91 cents per share, beating analyst estimates of 87 cents per share. Cisco shares fell 2.9% to $57.45 in the after-hours trading session.
• Analysts are expecting Advance Auto Parts, Inc. to post quarterly earnings at 49 per share on revenue of $2.65 billion. The company will release earnings before the markets open. Advance Auto Parts shares fell 0.2% to $40.85 in after-hours trading.

Check out our premarket coverage here

• Helmerich & Payne, Inc. reported worse-than-expected fourth-quarter earnings and sales results on Wednesday. Helmerich & Payne shares fell 3.3% to $35.00 in the after-hours trading session.
• Analysts expect Applied Materials, Inc. to report quarterly earnings at $2.19 per share on revenue of $6.95 billion after the closing bell. Applied Materials shares gained 0.2% to $183.22 in after-hours trading.

Check This Out:

• Top 4 Consumer Stocks That May Explode In November

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Disney DIS is a stock Wall Street will be watching closely this week with the media conglomerate set to release results for its fiscal fourth quarter on Thursday, November 14.

With Disney shares up a respectable +13% year to date, investors may be wondering if there is more upside ahead as earnings approach.

Disney’s Q4 Expectations

Disney’s Q4 sales are expected at $22.59 billion, a 6% increase from $21.24 billion in the comparative quarter. More intriguing, Disney’s cost-saving initiatives appear to be working with Q4 earnings projected to increase 33% to $1.09 per share versus EPS of $0.82 a year ago.

Exceeding earnings expectations for seven consecutive quarters, Disney has posted an impressive average EPS surprise of 18.01% in its last four quarterly reports. Disney has exceeded top line estimates in two of the last four quarters with an average sales surprise of 1.05%.

Disney’s Streaming Memberships

Reductions to its workforce and reduced operating costs among its streaming segments have been the main catalyst for Disney's increased probability.

EPSN+ subscribers are expected at 25.73 million with Disney+ users forecasted at 120 million. However, Disney+ subscribers would reflect a noticeable dip from the 150 million paid members in the same period last year. Still, when including Hulu subscribers which are projected at 51 million, Disney is edging toward 200 million total streaming memberships.

This is second to streaming leader Netflix NFLX who recently reported over 280 million paid memberships in October.

Monitoring Disney’s Valuation

At around $102, Disney’s stock trades at 19.2X forward earnings which is a nice discount to the S&P 500’s 25.3X and Netflix’s 41.4X.

Furthermore, DIS trades at the optimum level of less than 2X sales compared to the S&P 500’s 5.4X and Netflix’s 9X.

Takeaway

Disney's Q4 results will be crucial to reconfirming the company’s return to growth as its stock currently lands a Zacks Rank #3 (Hold). That said, long-term investors could certainly be rewarded given Disney’s appealing valuation with the Average Zacks Price Target of $114.92 a share suggesting 14% upside for DIS.

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