Genuine Parts Co. (GPC)’s latest performance is not what we had anticipated

On Tuesday, Genuine Parts Co. (NYSE: GPC) opened lower -1.13% from the last session, before settling in for the closing price of $156.69. Price fluctuations for GPC have ranged from $126.35 to $174.91 over the past 52 weeks.

Annual sales at Consumer Cyclical sector company grew by 4.72% over the past five years. Company’s average yearly earnings per share was noted 6.18% at the time writing. With a float of $138.94 million, this company’s outstanding shares have now reached $139.57 million.

Let’s look at the performance matrix of the company that is accounted for 60000 employees.

Genuine Parts Co. (GPC) Insider Updates

A key investor’s attitude towards the stock of the Auto Parts industry is another important factor to consider. The insider ownership of Genuine Parts Co. is 0.26%, while institutional ownership is 80.02%. 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) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 6.18% 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

Check out the current performance indicators for Genuine Parts Co. (GPC). In the past quarter, the stock posted a quick ratio of 0.59. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.93. Likewise, its price to free cash flow for the trailing twelve months is 21.24.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.97, a number that is poised to hit 2.61 in the next quarter and is forecasted to reach 10.78 in one year’s time.

Technical Analysis of Genuine Parts Co. (GPC)

Genuine Parts Co. (NYSE: GPC) saw its 5-day average volume 0.87 million, a negative change from its year-to-date volume of 1.06 million. As of the previous 9 days, the stock’s Stochastic %D was 11.36%. Additionally, its Average True Range was 3.13.

During the past 100 days, Genuine Parts Co.’s (GPC) raw stochastic average was set at 67.64%, which indicates a significant increase from 0.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.88% in the past 14 days, which was higher than the 22.88% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $153.56, while its 200-day Moving Average is $145.85. Nevertheless, the first resistance level for the watch stands at $156.83 in the near term. At $158.74, the stock is likely to face the second major resistance level. The third major resistance level sits at $159.73. If the price goes on to break the first support level at $153.93, it is likely to go to the next support level at $152.94. Assuming the price breaks the second support level, the third support level stands at $151.03.

Genuine Parts Co. (NYSE: GPC) Key Stats

There are currently 139,299K shares outstanding in the company with a market cap of 21.58 billion. Presently, the company’s annual sales total 23,091 M according to its annual income of 1,317 M. Last quarter, the company’s sales amounted to 5,784 M and its income totaled 248,890 K.