Genuine Parts Company (GPC)
| Market Cap | 15.76B |
| Revenue (ttm) | 23.30B |
| Net Income (ttm) | 1.09B |
| Shares Out | 139.32M |
| EPS (ttm) | 7.76 |
| PE Ratio | 14.58 |
| Forward PE | 12.84 |
| Dividend | $4.00 (3.54%) |
| Ex-Dividend Date | Sep 6, 2024 |
| Volume | 6,692,598 |
| Open | 120.44 |
| Previous Close | 143.12 |
| Day's Range | 112.75 - 122.54 |
| 52-Week Range | 112.75 - 164.45 |
| Beta | 0.91 |
| Analysts | Buy |
| Price Target | 155.14 (+37.16%) |
| Earnings Date | Oct 22, 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]
Financial Performance
In 2023, Genuine Parts Company'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 StatementsAnalyst Forecast
According to 7 analysts, the average rating for GPC stock is "Buy." The 12-month stock price forecast is $155.14, which is an increase of 37.16% from the latest price.
News
Genuine Parts Company: We Double Down
Genuine Parts reported weaker Q3 results, leading to a sharp guidance cut. On a positive note, sales are normalizing, and there was an improvement in the gross margin. M&A upside, valuation discount, ...
NAPA Auto Parts Parent's Stock Tumbles on Weak Profit, Lowered Outlook
Genuine Parts Co. (GPC) was the biggest decliner in the S&P 500 Tuesday after its third-quarter net income fell well short of estimates and it lowered its profit projections for the full fiscal year.
Genuine Parts Company (GPC) Q3 2024 Earnings Call Transcript
Genuine Parts Company (NYSE:GPC) Q3 2024 Earnings Conference Call October 22, 2024 8:30 AM ET Company Participants Tim Walsh - Senior Director, Investor Relations Will Stengel - President and Chief E...
Genuine Parts stock slides on Q3 earnings miss, lowered outlook
Shares of Genuine Parts Co. fell 10.1% in premarket trading after the auto-parts company reported lower-than-expected third-quarter earnings and lowered its outlook, citing weakness in market conditio...
Why This Auto-Parts Stock Is Tuesday's Worst Stock in S&P 500
Genuine Parts falls short on quarterly earnings estimates but beats on sales.
Genuine Parts Company Reports Third Quarter 2024 Results and Revises Full-Year Outlook
Sales of $6.0 billion Diluted EPS of $1.62 Adjusted Diluted EPS of $1.88 Revises 2024 Outlook: Revenue Growth of 1% to 2% from 1% to 3% Adjusted Diluted EPS of $8.00 to $8.20 from $9.30 to $9.50 ATLAN...
Oakmark's Bill Nygren on stocks to play today
Bill Nygren, Oakmark portfolio manager, joins 'Money Movers' to discuss the rationale behind the stock position's Nygren has added, why value is the most important factor, and much more.
Genuine Parts 2.8% Yield And A Look At AutoZone, Advance Auto Parts And O'Reilly
Genuine Parts Co. is a Dividend King /Champion with a 68-year history of rising dividends, offering a reliable but currently somewhat overvalued investment. AutoZone Inc. and O'Reilly Automotive Inc. ...
Genuine Parts Company to Present at the Gabelli Funds 48th Annual Automotive Symposium
ATLANTA , Oct. 15, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, announced today t...
Buy 7 October Dividend Kings, Watch 10 More
A Dividend King is a stock with 50 or more consecutive years of dividend increases per suredividend.com. The 53 Dividend Kings, screened as of October 8, represented 8 of 11 Morningstar Sectors. Broke...
Buy 4 October Dividend Aristocrats & Watch 10
"Dividend Aristocrats... in the S&P500 Index… have raised their annual payouts every year for at least 25 consecutive years." -- Kiplinger.com/Investing. 67 Aristocrats, screened as of October 7, 2024...
Undervalued Dividend Kings: October 2024
Dividend Kings have a 50+ year track record of increasing dividends, showcasing resilience through economic challenges. I rank Dividend Kings by quality score and highlight undervalued stocks for pote...
Genuine Parts Company to Report Third Quarter 2024 Results on October 22, 2024
ATLANTA , Oct. 1, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, plans to release t...
GoldenPeaks Capital and CNBM Strengthen Their Renewable Energy Partnership and Commit to Target a 1GW Project Pipeline Annually in Europe
MUNICH--(BUSINESS WIRE)--GoldenPeaks Capital Holding Ltd (GPC), a leading independent power producer in Eastern Europe and China National Building Material Group Corporation (CNBM), a Fortune Global 5...
3 Dividend Aristocrats To Help You Sleep Well At Night
I prioritize dividend growth over yield, focusing on Dividend Aristocrats like Realty Income, Chevron, and Genuine Parts Company for their consistent dividend increases and robust cash flows. Realty I...
Buy 7 September Dividend Kings, Watch 9 More
"What is a Dividend King? A stock with 50 or more consecutive years of dividend increases.” - suredividend.com. The 53 Dividend Kings, screened as of Sept. 10, represented eight of 11 Morningstar Sect...
Genuine Parts Company: Don't Miss Out On This Quality Dividend Grower
Genuine Parts has hiked its dividend each year since the Eisenhower administration. The company's growth prospects appear to be intact for the foreseeable future. Genuine Parts enjoys a BBB credit rat...
Bert's July Dividend Income Summary (2024)
In July 2024, we received $1,683.75 in dividend income. We have been buying at least 4 shares of SCHD every single week. I accepted a long time ago that Leggett & Platt's dividend cut was terrible.
Genuine Parts Company Declares Regular Quarterly Dividend
ATLANTA , Aug. 20, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, announced today i...
Genuine Parts Company Announces Officer Change
Jenn Hulett Appointed Executive Vice President and Chief People Officer ATLANTA , Aug. 19, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global service provider of automotive and i...
Genuine Parts Company to Present at the Goldman Sachs Global Retailing Conference
ATLANTA , Aug. 15, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, announced today t...
53 August Dividend Kings: Buy 7, Watch 9 More
“What is a Dividend King? A stock with 50 or more consecutive years of dividend increases.”—suredividend.com. The 53 Dividend Kings, screened as of August 6, represented 8 of 11 Morningstar Sectors. B...
Genuine Parts Company: Weaker Consumer Demand Causes Concern But Dividend Remains Secure
Genuine Parts Company faced headwinds due to weak consumer demand and high interest rates in the U.S. as well as softness in Europe. Despite solid performance over the past 10 months, GPC's stock lags...
Genuine Parts Company (GPC) Q2 2024 Earnings Call Transcript
Genuine Parts Company (NYSE:GPC) Q2 2024 Earnings Call Transcript July 23, 2024 8:30 AM ET Company Participants Tim Walsh - Senior Director, IR Will Stengel - President and CEO Bert Nappier - EVP and...