Analysis of Genuine Parts Co. (GPC)’s performance, earnings and valuation

Genuine Parts Co. [GPC] stock prices are down -0.33% to $144.07 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The GPC shares have lost -2.84% over the last week, with a monthly amount drifted -6.12%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Genuine Parts Co. [NYSE: GPC] stock has seen the most recent analyst activity on October 12, 2023, when UBS initiated its Neutral rating and assigned the stock a price target of $160. Previously, Northcoast started tracking the stock with Buy rating on June 28, 2023, and set its price target to $195. On June 01, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $189 on the stock. Goldman upgraded its rating to a Neutral and increased its price target to $164 on May 02, 2023. Truist upgraded its rating to a Buy but $186 remained the price target by the analyst firm on March 24, 2023. Goldman downgraded its rating to Sell for this stock on December 12, 2022, and upped its price target to $147. In a note dated May 10, 2022, BofA Securities upgraded an Neutral rating on this stock but restated the target price of $133.

The stock price of Genuine Parts Co. [GPC] has been fluctuating between $126.35 and $174.91 over the past year. Currently, Wall Street analysts expect the stock to reach $163.5 within the next 12 months. Genuine Parts Co. [NYSE: GPC] shares were valued at $144.07 at the most recent close of the market. An investor can expect a potential return of 13.49% based on the average GPC price forecast.

Analyzing the GPC fundamentals

The Genuine Parts Co. [NYSE:GPC] reported sales of 23.09B for trailing twelve months, representing a surge of 1.13%. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.32 and Total Capital is 0.18. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.89.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 143.24 points at the first support level, and at 142.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 145.38, and for the 2nd resistance point, it is at 146.68.

Ratios To Look Out For

It’s worth pointing out that Genuine Parts Co. [NYSE:GPC]’s Current Ratio is 1.23. In addition, the Quick Ratio stands at 0.63 and the Cash Ratio stands at 0.14. Considering the valuation of this stock, the price to sales ratio is 0.87, the price to book ratio is 4.57 and price to earnings (TTM) ratio is 15.44.

Transactions by insiders

Recent insider trading involved NEEDHAM WENDY B, Director, that happened on Mar 20 ’24 when 3250.0 shares were sold. Director, LOUDERMILK ROBERT C JR completed a deal on Jun 02 ’23 to buy 2000.0 shares. Meanwhile, Group President, GPC N.A. BREAUX RANDALL P bought 500.0 shares on Jun 01 ’23.

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