-15.59% percent quarterly performance for Genuine Parts Co (GPC) is not indicative of the underlying story

MAXR

A new trading day began on Tuesday, with Genuine Parts Co (NYSE: GPC) stock price down -2.36% from the previous day of trading, before settling in for the closing price of $124.19. GPC’s price has 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. Meanwhile, its annual earnings per share averaged -12.45%. 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) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Auto Parts Industry. The insider ownership of Genuine Parts Co is 0.37%, while institutional ownership is 81.87%. 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) Earnings and Forecasts

In its latest quarterly report, released on 9/30/2024, the company reported earnings of 2.26 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.04 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -12.45% 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 0.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.72. Likewise, its price to free cash flow for the trailing twelve months is 18.71.

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 8.49 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 1.18 million was better than the volume posted last year of 1.06 million. As of the previous 9 days, the stock’s Stochastic %D was 46.00%. Additionally, its Average True Range was 3.11.

During the past 100 days, Genuine Parts Co’s (GPC) raw stochastic average was set at 23.36%, which indicates a significant decrease from 61.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.91% in the past 14 days, which was lower than the 44.63% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $130.25, while its 200-day Moving Average is $141.98. Now, the first resistance to watch is $123.11. This is followed by the second major resistance level at $124.96. The third major resistance level sits at $125.92. If the price goes on to break the first support level at $120.30, it is likely to go to the next support level at $119.34. Should the price break the second support level, the third support level stands at $117.49.

Genuine Parts Co (NYSE: GPC) Key Stats

With a market capitalization of 16.86 billion, the company has a total of 139,036K Shares Outstanding. Currently, annual sales are 23,091 M while annual income is 1,317 M. The company’s previous quarter sales were 5,970 M while its latest quarter income was 226,580 K.