Genuine Parts Company (GPC)

NYSE: GPC · IEX Real-Time Price · USD
154.93
-0.26 (-0.17%)
Mar 28, 2024, 4:00 PM EDT - Market closed
-0.17%
Market Cap 21.64B
Revenue (ttm) 23.09B
Net Income (ttm) 1.32B
Shares Out 139.42M
EPS (ttm) 9.33
PE Ratio 16.64
Forward PE 15.74
Dividend $4.00 (2.58%)
Ex-Dividend Date Feb 29, 2024
Volume 902,373
Open 155.48
Previous Close 155.19
Day's Range 154.54 - 155.91
52-Week Range 126.35 - 174.91
Beta 0.95
Analysts Buy
Price Target 156.67 (+1.12%)
Earnings Date Apr 18, 2024

About GPC

Genuine Parts Company distributes automotive replacement parts, and industrial parts and materials. It operates in two segments: Automotive Parts Group and Industrial Parts Group segments. The company distributes automotive replacement parts for hybrid and electric vehicles, trucks, SUVs, buses, motorcycles, recreational vehicles, farm vehicles, small engines, farm equipment, marine equipment, and heavy duty equipment; and equipment and parts used by repair shops, service stations, fleet operators, automobile and truck dealers, leasing companie... [Read more]

Founded 1928
Employees 60,000
Stock Exchange NYSE
Ticker Symbol GPC
Full Company Profile

Financial Performance

In 2023, GPC's revenue was $23.09 billion, an increase of 4.50% compared to the previous year's $22.10 billion. Earnings were $1.32 billion, an increase of 11.32%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for GPC stock is "Buy." The 12-month stock price forecast is $156.67, which is an increase of 1.12% from the latest price.

Price Target
$156.67
(1.12% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Genuine Parts Company to Report First Quarter 2024 Results on April 18, 2024

ATLANTA, March 28, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, plans to release first quarter financial results...

7 hours ago - PRNewsWire

Genuine Parts Company Announces Officer Promotion

James F. Howe Appointed President, Motion ATLANTA , March 21, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, annou...

7 days ago - PRNewsWire

Genuine Parts Company to Participate in Upcoming Investor Conferences

ATLANTA , Feb. 20, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today that members of its leadership t...

5 weeks ago - PRNewsWire

Genuine Parts Company Reports Fourth Quarter and Full-Year 2023 Results

Declares Dividend Increase for 68th Consecutive Year Provides 2024 Outlook Fourth Quarter 2023 Highlights Sales of $5.6 billion, Up 1.1% Diluted EPS of $2.26, Up 27.7%, or Up 10.2% from Adjusted Dilut...

6 weeks ago - PRNewsWire

Genuine Parts Company to Report Fourth Quarter 2023 Results on February 15, 2024

ATLANTA , Jan. 25, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, plans to release fourth quarter and full-year fi...

2 months ago - PRNewsWire

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At the start of 2023 and following a tough year, Christopher Tsai, president and chief investment officer of Tsai Capital, didn't think technology would generate a 50% return for his $110 million port...

4 months ago - Market Watch

Genuine Parts Company Declares Regular Quarterly Dividend

ATLANTA , Nov. 14, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today its Board of Directors declared ...

4 months ago - PRNewsWire

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5 months ago - Kiplinger

Genuine Parts Shares Sink After Sales Miss Estimates as US Auto Unit Underperforms

Genuine Parts (GPC) was the worst-performing stock in the S&P 500 on Thursday as shares fell over 12% after the automobile and industrial replacement parts dealer missed revenue estimates as its U.S. ...

5 months ago - Investopedia

Genuine Parts Stock Is Worst Performer in S&P 500 After Sales Miss

Third-quarter sales of $5.82 billion at the distributor of automotive and industrial replacements parts miss Wall Street forecasts.

5 months ago - Barrons

Genuine Parts Company Reports Third Quarter 2023 Results and Updates Full-Year Outlook

Sales of $5.8 billion, Up 2.6% Diluted EPS of $2.49, Up 13.2%, or Up 11.7% from Adjusted Diluted EPS in 2022 Updates 2023 Outlook: Reaffirms Revenue Growth of 4% to 6% Updates Diluted EPS to $9.20 to ...

5 months ago - PRNewsWire

Genuine Parts Company to Present at the Gabelli Funds 47th Annual Auto Symposium

ATLANTA , Oct. 10, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today that Paul Donahue, Chairman & CE...

6 months ago - PRNewsWire

Genuine Parts Company Releases 2023 Sustainability Report

ATLANTA , Oct. 2, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today that it has published its 2023 Su...

6 months ago - PRNewsWire

Genuine Parts Company to Report Third Quarter 2023 Results on October 19, 2023

ATLANTA , Sept. 28, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, plans to release third quarter financial result...

6 months ago - PRNewsWire

NSK PRESENTED WITH MOTION'S SUPPLIER OF THE YEAR AWARD

ANN ARBOR, Mich. , Aug. 31, 2023 /PRNewswire/ -- Motion Industries, Inc., a leading distributor of maintenance, repair and operation replacement parts, and a premier provider of industrial technology ...

7 months ago - PRNewsWire

Genuine Parts Company to Participate at the Goldman Sachs Global Retailing Conference

ATLANTA , Aug. 22, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today that Bert Nappier, EVP & CFO, wi...

7 months ago - PRNewsWire

Genuine Parts Company Announces Automotive Acquisition in Europe, Expanding Leadership Position in Spain

ATLANTA , Aug. 1, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC) announced today an acquisition for its European Automotive business. Effective July 31, 2023, Alliance Automotive Group (AAG), ...

8 months ago - PRNewsWire

Genuine Parts Company Reports Second Quarter 2023 Results And Raises Full Year Outlook

Record Sales of $5.9 billion, Up 5.6% Diluted EPS of $2.44, Down 6.9%, or Up 10.9% from Adjusted Diluted EPS in 2022 Updates 2023 Outlook: Reaffirms Revenue Growth of 4% to 6% Increases Diluted EPS to...

9 months ago - PRNewsWire

Genuine Parts Company to Report Second Quarter 2023 Results on July 20, 2023

ATLANTA , June 29, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC) plans to release second quarter financial results on July 20, 2023. Management will also conduct a conference call on this dat...

9 months ago - PRNewsWire

Genuine Parts Company to Present at the Evercore ISI Consumer and Retail Conference

ATLANTA , June 6, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC) announced today that Will Stengel, President and COO, and Bert Nappier, EVP & CFO, will present virtually at the Evercore ISI C...

10 months ago - PRNewsWire

Genuine Parts Company Announces New Board Member

Darren Rebelez Named to Board of Directors ATLANTA , June 1, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC) announced today that its Board of Directors appointed Darren Rebelez as a new indepe...

Other symbols: CASY
10 months ago - PRNewsWire

Genuine Parts Company Announces Executive Officer Changes

Kevin Herron to Retire as President, U.S. Automotive Group Randy Breaux Promoted to Group President, GPC North America ATLANTA , May 23, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC) announce...

11 months ago - PRNewsWire

Retail sector insiders are betting on no recession: 4 undervalued stocks they like now

Recession fears weigh heavily on investor sentiment and stocks, but retail sector insiders have been big buyers of shares of their own companies at a dozen names across the group. CEOs were the buyers...

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11 months ago - Market Watch

Genuine Parts raises 2023 profit outlook on strong demand for auto parts

Genuine Parts Co beat first-quarter profit estimates and raised full-year earnings forecast on Thursday, helped by growing demand for auto and industrial parts.

1 year ago - Reuters