Let’s look at the key reasons that are pushing Genuine Parts Co (GPC) to new highs

On Tuesday, Genuine Parts Co (NYSE: GPC) opened higher 0.47% from the last session, before settling in for the closing price of $116.05. Price fluctuations for GPC have ranged from $112.74 to $164.45 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Consumer Cyclical Sector giant saw their annual sales surged by 4.72% over the last five years. Company’s average yearly earnings per share was noted -11.21% at the time writing. With a float of $138.52 million, this company’s outstanding shares have now reached $139.57 million.

The firm has a total of 60000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 35.61%, operating margin of 6.56%, and the pretax margin is 6.13%.

Genuine Parts Co (GPC) Breakdown of a Key Holders of the stock

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 0.37%, while institutional ownership is 82.24%. The most recent insider transaction that took place on Nov 01 ’24, was worth 100,238. In this transaction Group President, GPC N.A. of this company bought 750 shares at a rate of $133.65, taking the stock ownership to the 35,189 shares. Before that another transaction happened on May 21 ’24, when Company’s Director sold 3,000 for $151.29, making the entire transaction worth $453,870. This insider now owns 13,006 shares in total.

Genuine Parts Co (GPC) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around -11.21% 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 0.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.70. Likewise, its price to free cash flow for the trailing twelve months is 17.99.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.77, a number that is poised to hit 1.63 in the next quarter and is forecasted to reach 8.64 in one year’s time.

Technical Analysis of Genuine Parts Co (GPC)

Analysing the last 5-days average volume posted by the [Genuine Parts Co, GPC], we can find that recorded value of 1.58 million was better than the volume posted last year of 1.04 million. As of the previous 9 days, the stock’s Stochastic %D was 39.79%. Additionally, its Average True Range was 3.57.

During the past 100 days, Genuine Parts Co’s (GPC) raw stochastic average was set at 10.58%, which indicates a significant decrease from 12.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 100.09% in the past 14 days, which was higher than the 44.07% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $133.65, while its 200-day Moving Average is $142.94. Now, the first resistance to watch is $117.11. This is followed by the second major resistance level at $117.62. The third major resistance level sits at $118.54. If the price goes on to break the first support level at $115.67, it is likely to go to the next support level at $114.75. Now, if the price goes above the second support level, the third support stands at $114.24.

Genuine Parts Co (NYSE: GPC) Key Stats

There are currently 139,036K shares outstanding in the company with a market cap of 16.21 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 5,970 M and its income totaled 226,580 K.