Genuine Parts Co. (GPC) is gearing up for another turning point as it hit the volume of 1.1 million

A new trading day began on Tuesday, with Genuine Parts Co. (NYSE: GPC) stock price down -0.14% from the previous day of trading, before settling in for the closing price of $144.75. GPC’s price has ranged from $126.35 to $174.91 over the past 52 weeks.

Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 4.72%. Meanwhile, its annual earnings per share averaged 4.82%. With a float of $139.06 million, this company’s outstanding shares have now reached $139.57 million.

Considering the fact that the conglomerate employs 60000 people, you should pay attention to its efficiency factor.

Genuine Parts Co. (GPC) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Specialty Retail Industry. The insider ownership of Genuine Parts Co. is 0.26%, while institutional ownership is 80.03%. The most recent insider transaction that took place on Mar 20 ’24, was worth 503,490. In this transaction Director of this company sold 3,250 shares at a rate of $154.92, taking the stock ownership to the 14,397 shares. Before that another transaction happened on Jun 02 ’23, when Company’s Director bought 2,000 for $151.75, making the entire transaction worth $303,500. This insider now owns 33,162 shares in total.

Genuine Parts Co. (GPC) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 4.82% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.10% during the next five years compared to 11.14% growth over the previous five years of trading.

Genuine Parts Co. (NYSE: GPC) Trading Performance Indicators

Here are Genuine Parts Co.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.63. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.87. Likewise, its price to free cash flow for the trailing twelve months is 21.84.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.33, a number that is poised to hit 2.16 in the next quarter and is forecasted to reach 10.64 in one year’s time.

Technical Analysis of Genuine Parts Co. (GPC)

Compared to the last year’s volume of 0.98 million, its volume of 0.96 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 5.07%. Additionally, its Average True Range was 2.35.

During the past 100 days, Genuine Parts Co.’s (GPC) raw stochastic average was set at 49.13%, which indicates a significant increase from 2.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.20% in the past 14 days, which was lower than the 16.60% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $149.21, while its 200-day Moving Average is $146.39. Nevertheless, the first resistance level for the watch stands at $145.52 in the near term. At $146.49, the stock is likely to face the second major resistance level. The third major resistance level sits at $147.10. If the price goes on to break the first support level at $143.94, it is likely to go to the next support level at $143.33. Should the price break the second support level, the third support level stands at $142.36.

Genuine Parts Co. (NYSE: GPC) Key Stats

With a market capitalization of 20.15 billion, the company has a total of 139,423K Shares Outstanding. Currently, annual sales are 23,091 M while annual income is 1,317 M. The company’s previous quarter sales were 5,586 M while its latest quarter income was 316,880 K.