Genuine Parts Co

Genuine Parts Co Stock Forecast & Price Prediction

Live Genuine Parts Co Stock (GPC) Price
$116.60

12

Ratings

  • Buy 2
  • Hold 8
  • Sell 2
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$116.60

P/E Ratio

14.95

Volume Traded Today

$1.1M

Dividend

$1

52 Week High/low

164.45/112.74

Genuine Parts Co Market Cap

$16.14B

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GPC Summary

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.

GPC Analyst Ratings

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.

GPC stock forecast by analyst

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

GPC Company Information

What They Do: Distributes automotive and industrial replacement parts.

Business Model: The company operates through two primary segments: Automotive Parts Group and Industrial Parts Group. It generates revenue by distributing a wide range of automotive replacement parts and industrial supplies to various customers, including repair shops, service stations, and manufacturers, as well as providing repair services for various equipment.

Other Information: Founded in 1928 and headquartered in Atlanta, Georgia, the company operates internationally across multiple countries, providing a diverse range of parts and services to meet the needs of various industries, including automotive, industrial, and maintenance sectors.
GPC
Genuine Parts Co (GPC)

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

Genuine Parts Co (GPC) Financial Data

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

$16.54B

Revenue From 2021

$18.87B

14.11 %
From Previous Year

Revenue From 2022

$22.10B

17.09 %
From Previous Year

Revenue From 2023

$23.09B

4.50 %
From Previous Year
  • Revenue TTM $23.30B
  • Operating Margin TTM 6.3%
  • Gross profit TTM $8.29B
  • Return on assets TTM 5.6%
  • Return on equity TTM 24.4%
  • Profit Margin 4.7%
  • Book Value Per Share 33.77%
  • Market capitalisation $16.14B
  • Revenue for 2021 $18.87B
  • Revenue for 2022 $22.10B
  • Revenue for 2023 $23.09B
  • EPS this year (TTM) $7.76

Genuine Parts Co (GPC) Latest News

News Image

Sun, 03 Nov 2024

Sentiment - POSITIVE

Source - Seeking Alpha

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.

News Image

Thu, 31 Oct 2024

Sentiment - NEGATIVE

Source - Market Watch

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.

News Image

Mon, 28 Oct 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

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.

News Image

Tue, 29 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

News Image

Tue, 29 Oct 2024

Sentiment - POSITIVE

Source - Seeking Alpha

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.

News Image

Thu, 24 Oct 2024

Sentiment - NEGATIVE

Source - The Motley Fool

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.

...

GPC Frequently asked questions

The highest forecasted price for GPC is $150 from Michael Lasser at UBS.

The lowest forecasted price for GPC is $120 from Seth Basham from Wedbush

The GPC analyst ratings consensus are 2 buy ratings, 8 hold ratings, and 2 sell ratings.