The Genuine Parts Co (GPC) share price is expected to increase by 12.52% over the next year. This is based on calculating the average 12-month share price estimate provided by 12 stock analysts who have covered GPC. Price targets range from $120 at the low end to $150 at the high end. The current analyst consensus for GPC is a hold. Please note analyst price targets are not guaranteed and could be missed completely.
About 12 Wall Street analysts have assignedGPC 2 buy ratings, 8 hold ratings, and 2 sell ratings. This means that analysts expect Genuine Parts Co to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on GPC. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of GPC.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Michael Lasser UBS | Neutral | $125 | Maintains | Oct 23, 2024 |
Greg Melich Evercore ISI Group | In-Line | $123 | Maintains | Oct 23, 2024 |
Kate McShane Goldman Sachs | Neutral | $138 | Maintains | Oct 23, 2024 |
Scot Ciccarelli Truist Securities | Buy | $129 | Maintains | Oct 23, 2024 |
Seth Basham Wedbush | Neutral | $120 | Maintains | Oct 23, 2024 |
Christopher Horvers JP Morgan | Overweight | $135 | Maintains | Oct 22, 2024 |
Greg Melich Evercore ISI Group | In-Line | $160 | Maintains | Oct 22, 2024 |
Christopher Horvers JP Morgan | Overweight | $162 | Maintains | Oct 16, 2024 |
Scot Ciccarelli Truist Securities | Buy | $164 | Maintains | Aug 28, 2024 |
Greg Melich Evercore ISI Group | In-Line | $148 | Maintains | Jul 24, 2024 |
Seth Basham Wedbush | Neutral | $145 | Maintains | Jul 24, 2024 |
Kate McShane Goldman Sachs | Neutral | $162 | Maintains | Jul 24, 2024 |
Scot Ciccarelli Truist Securities | Buy | $164 | Maintains | Jul 23, 2024 |
Greg Melich Evercore ISI Group | In-Line | $155 | Maintains | Jul 16, 2024 |
Michael Lasser UBS | Neutral | $150 | Maintains | Jul 3, 2024 |
Greg Melich Evercore ISI Group | In-Line | $160 | Maintains | Jul 2, 2024 |
Greg Melich Evercore ISI Group | In-Line | $165 | Maintains | Jun 20, 2024 |
Bret Jordan Jefferies | Hold | $170 | Maintains | Apr 19, 2024 |
Seth Basham Wedbush | Neutral | $170 | Reiterates | Apr 19, 2024 |
Scot Ciccarelli Truist Securities | Buy | $183 | Maintains | Apr 19, 2024 |
When did it IPO
1983
Staff Count
60,000
Country
United States
Sector/Industry
Consumer Cyclical/Auto Parts
CEO
Mr. William P. Stengel II
Market Cap
$16.14B
In 2023, GPC generated $23.09B in revenue, which was a increase of 4.50% from the previous year. This can be seen as a signal that GPC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - SPY ended a 5-month gain with a 0.89% loss in October. The top 10 stocks for November 2024 provide a 3.61% dividend yield, exceeding the S&P 500. A high dividend yield list has returned 17.27% annually since Nov 2020.
Why It Matters - SPY's loss in October breaks its positive trend, signaling potential market volatility. High-yield stocks offer attractive dividends, indicating a shift towards income-focused investing.
Summary - Super Micro experienced a 33% drop in stock price on Wednesday, prompting its addition to a specific list of companies.
Why It Matters - A 33% drop in Super Micro's stock signals potential volatility and risk, affecting investor sentiment and market positioning. Monitoring such shifts is crucial for portfolio adjustments.
Summary - Genuine Parts (GPC) is experiencing changes in international revenue, influencing Wall Street predictions and the stock's future outlook. Investors should monitor these developments closely.
Why It Matters - Changes in Genuine Parts' international revenue can affect earnings forecasts and investor sentiment, influencing stock performance and market valuation.
Summary - Genuine Parts Company has dropped 20%, indicating potential further declines. Investors should consider buying only at a deep discount due to its slow growth and historical P/E trends.
Why It Matters - Genuine Parts Company's 20% drop signals potential further declines, indicating a need for cautious evaluation. A deep discount may present short-term buying opportunities, not long-term investments.
Summary - The ProShares S&P 500 Dividend Aristocrats ETF gained 11.6% in Q3. Three alternative strategies tracked over 39 months show higher CAGR and dividend yield than NOBL.
Why It Matters - The strong Q3 performance of the Dividend Aristocrats ETF and alternative strategies with superior returns and yields signal potential shifts in investment opportunities and risk assessments.
Summary - Shares declined as the company revised its 2024 earnings expectations downward.
Why It Matters - Lowered earnings expectations typically signal potential financial struggles, leading to decreased investor confidence and a decline in share prices.