Genuine Parts Company (GPC)
| Market Cap | 19.42B |
| Revenue (ttm) | 23.03B |
| Net Income (ttm) | 1.25B |
| Shares Out | 140.20M |
| EPS (ttm) | 8.85 |
| PE Ratio | 15.65 |
| Forward PE | 14.19 |
| Dividend | $3.80 (2.74%) |
| Ex-Dividend Date | Nov 30, 2023 |
| Volume | 394,637 |
| Open | 138.11 |
| Previous Close | 138.39 |
| Day's Range | 137.64 - 138.86 |
| 52-Week Range | 126.35 - 181.37 |
| Beta | 0.93 |
| Analysts | Buy |
| Price Target | 156.00 (+12.64%) |
| Earnings Date | Feb 22, 2024 |
About GPC
Genuine Parts Company distributes automotive replacement parts, and industrial parts and materials. It operates through Automotive Parts Group and Industrial Parts Group segments. The company distributes automotive replacement parts for hybrid and electric vehicles, trucks, SUVs, buses, motorcycles, recreational vehicles, farm vehicles, small engines, farm equipment, marine equipment, and heavy duty equipment; and accessory and supply items used by various automotive aftermarket customers, such as repair shops, service stations, fleet operators... [Read more]
Financial Performance
In 2022, GPC's revenue was $22.10 billion, an increase of 17.09% compared to the previous year's $18.87 billion. Earnings were $1.18 billion, an increase of 31.59%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for GPC stock is "Buy." The 12-month stock price forecast is $156.0, which is an increase of 12.64% from the latest price.
News
What Charlie Munger and Grandma Ruth taught this money manager. His portfolio is up 50% this year.
At the start of 2023 and following a tough year, Christopher Tsai, president and chief investment officer of Tsai Capital, didn't think technology would generate a 50% return for his $110 million port...
Genuine Parts Company Declares Regular Quarterly Dividend
ATLANTA , Nov. 14, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today its Board of Directors declared ...
Genuine Parts Shares Sink After Sales Miss Estimates as US Auto Unit Underperforms
Genuine Parts (GPC) was the worst-performing stock in the S&P 500 on Thursday as shares fell over 12% after the automobile and industrial replacement parts dealer missed revenue estimates as its U.S. ...
Genuine Parts Stock Is Worst Performer in S&P 500 After Sales Miss
Third-quarter sales of $5.82 billion at the distributor of automotive and industrial replacements parts miss Wall Street forecasts.
Genuine Parts Company Reports Third Quarter 2023 Results and Updates Full-Year Outlook
Sales of $5.8 billion, Up 2.6% Diluted EPS of $2.49, Up 13.2%, or Up 11.7% from Adjusted Diluted EPS in 2022 Updates 2023 Outlook: Reaffirms Revenue Growth of 4% to 6% Updates Diluted EPS to $9.20 to ...
Genuine Parts Company to Present at the Gabelli Funds 47th Annual Auto Symposium
ATLANTA , Oct. 10, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today that Paul Donahue, Chairman & CE...
Genuine Parts Company Releases 2023 Sustainability Report
ATLANTA , Oct. 2, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today that it has published its 2023 Su...
Genuine Parts Company to Report Third Quarter 2023 Results on October 19, 2023
ATLANTA , Sept. 28, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, plans to release third quarter financial result...
Why Auto Parts Retailers Are Heading in Different Directions
Tesla has more than doubled this year. Meanwhile, Ford and General Motors are barely in the green.
NSK PRESENTED WITH MOTION'S SUPPLIER OF THE YEAR AWARD
ANN ARBOR, Mich. , Aug. 31, 2023 /PRNewswire/ -- Motion Industries, Inc., a leading distributor of maintenance, repair and operation replacement parts, and a premier provider of industrial technology ...
Genuine Parts Company to Participate at the Goldman Sachs Global Retailing Conference
ATLANTA , Aug. 22, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today that Bert Nappier, EVP & CFO, wi...
Genuine Parts Company Announces Automotive Acquisition in Europe, Expanding Leadership Position in Spain
ATLANTA , Aug. 1, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC) announced today an acquisition for its European Automotive business. Effective July 31, 2023, Alliance Automotive Group (AAG), ...
Genuine Parts Company Reports Second Quarter 2023 Results And Raises Full Year Outlook
Record Sales of $5.9 billion, Up 5.6% Diluted EPS of $2.44, Down 6.9%, or Up 10.9% from Adjusted Diluted EPS in 2022 Updates 2023 Outlook: Reaffirms Revenue Growth of 4% to 6% Increases Diluted EPS to...
Genuine Parts Company to Report Second Quarter 2023 Results on July 20, 2023
ATLANTA , June 29, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC) plans to release second quarter financial results on July 20, 2023. Management will also conduct a conference call on this dat...
Genuine Parts Company to Present at the Evercore ISI Consumer and Retail Conference
ATLANTA , June 6, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC) announced today that Will Stengel, President and COO, and Bert Nappier, EVP & CFO, will present virtually at the Evercore ISI C...
Genuine Parts Company Announces New Board Member
Darren Rebelez Named to Board of Directors ATLANTA , June 1, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC) announced today that its Board of Directors appointed Darren Rebelez as a new indepe...
Genuine Parts Company Announces Executive Officer Changes
Kevin Herron to Retire as President, U.S. Automotive Group Randy Breaux Promoted to Group President, GPC North America ATLANTA , May 23, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC) announce...
Retail sector insiders are betting on no recession: 4 undervalued stocks they like now
Recession fears weigh heavily on investor sentiment and stocks, but retail sector insiders have been big buyers of shares of their own companies at a dozen names across the group. CEOs were the buyers...
Genuine Parts Company Is Genuinely A Good Buy
Genuine Parts Company (NYSE: GPC) has had its share of ups and downs, but along the way, it has proven the value of Dividend Kings. Dividend Kings and their 50+ year history of distribution increases ...
Genuine Parts raises 2023 profit outlook on strong demand for auto parts
Genuine Parts Co beat first-quarter profit estimates and raised full-year earnings forecast on Thursday, helped by growing demand for auto and industrial parts.
Genuine Parts Company Reports First Quarter 2023 Results And Raises Full Year Outlook
Record Sales of $5.8 Billion, Up 8.9% Diluted EPS of $2.14, Up 24.4%, or Up 15.1% from Adjusted Diluted EPS in 2022 Updates 2023 Outlook: Reaffirms Revenue Growth of 4% to 6% Increases Diluted EPS to ...
Genuine Parts Company to Report First Quarter 2023 Results on April 20, 2023
ATLANTA , March 30, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC) plans to release first quarter financial results on April 20, 2023. Management will also conduct a conference call on this da...
Dividend King Genuine Parts Company Upgraded On Profit Guidance
Genuine Parts Company (NYSE: GPC) is hosting an investor day event, and the pre-event press release already excites the analysts. The release reaffirmed the dividend king and its 2023 targets and gave...