Zacks Research Forecasts Reduced Earnings for Genuine Parts

Key Points

• Zacks Research has reduced its FY2025 earnings per share estimate for Genuine Parts from $7.79 to $7.68, while the consensus estimate remains at $7.90 per share.
• Genuine Parts reported a Q2 earnings per share of $2.10, exceeding analysts' expectations of $2.08, with a revenue of $6.16 billion, which was above the forecast of $6.10 billion.
• Analysts' ratings for Genuine Parts show a mix of sentiments, with one sell rating, five hold ratings, and four buy ratings, reflecting a consensus rating of "Hold" and an average target price of $135.29.

Genuine Parts Company (NYSE:GPC - Free Report) - Equities research analysts at Zacks Research reduced their FY2025 earnings per share (EPS) estimates for Genuine Parts in a report issued on Monday, August 4th. Zacks Research analyst R. Department now forecasts that the specialty retailer will earn $7.68 per share for the year, down from their previous forecast of $7.79. The consensus estimate for Genuine Parts' current full-year earnings is $7.90 per share. Zacks Research also issued estimates for Genuine Parts' Q4 2025 earnings at $1.81 EPS, Q1 2026 earnings at $1.90 EPS, Q3 2026 earnings at $2.17 EPS, Q4 2026 earnings at $2.06 EPS, FY2026 earnings at $8.40 EPS, Q2 2027 earnings at $2.35 EPS and FY2027 earnings at $9.15 EPS.

Genuine Parts (NYSE:GPC - Get Free Report) last posted its earnings results on Tuesday, July 22nd. The specialty retailer reported $2.10 earnings per share for the quarter, beating the consensus estimate of $2.08 by $0.02. Genuine Parts had a net margin of 3.40% and a return on equity of 22.41%. The business had revenue of $6.16 billion for the quarter, compared to analyst estimates of $6.10 billion. During the same quarter in the previous year, the business posted $2.44 EPS. The business's quarterly revenue was up 3.4% on a year-over-year basis.

A number of other research firms have also issued reports on GPC. Wall Street Zen lowered shares of Genuine Parts from a "buy" rating to a "hold" rating in a research note on Saturday, April 26th. Loop Capital lifted their price target on shares of Genuine Parts from $155.00 to $160.00 and gave the stock a "buy" rating in a research note on Thursday, July 24th. Evercore ISI lowered their target price on Genuine Parts from $135.00 to $130.00 and set an "outperform" rating for the company in a research note on Wednesday, April 23rd. UBS Group lifted their target price on Genuine Parts from $125.00 to $135.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 23rd. Finally, Truist Financial increased their price target on Genuine Parts from $137.00 to $143.00 and gave the company a "buy" rating in a report on Wednesday, July 23rd. One analyst has rated the stock with a sell rating, five have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $135.29.

Genuine Parts Stock Down 0.7%

Genuine Parts stock traded down $0.88 during midday trading on Wednesday, hitting $133.09. 627,254 shares of the company were exchanged, compared to its average volume of 1,344,332. The company has a market cap of $18.51 billion, a PE ratio of 22.91 and a beta of 0.75. Genuine Parts has a fifty-two week low of $104.01 and a fifty-two week high of $144.49. The company's fifty day moving average price is $126.00 and its 200-day moving average price is $122.11. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.14 and a quick ratio of 0.51.

Institutional Trading of Genuine Parts

Several hedge funds and other institutional investors have recently bought and sold shares of GPC. Wellington Management Group LLP boosted its holdings in shares of Genuine Parts by 30.3% in the 4th quarter. Wellington Management Group LLP now owns 29,717 shares of the specialty retailer's stock valued at $3,470,000 after buying an additional 6,916 shares during the period. Alliancebernstein L.P. lifted its holdings in Genuine Parts by 5.3% in the fourth quarter. Alliancebernstein L.P. now owns 165,453 shares of the specialty retailer's stock worth $19,318,000 after acquiring an additional 8,358 shares during the last quarter. Resona Asset Management Co. Ltd. acquired a new position in Genuine Parts in the fourth quarter valued at approximately $6,796,000. Aster Capital Management DIFC Ltd bought a new position in shares of Genuine Parts during the fourth quarter valued at approximately $33,000. Finally, Polymer Capital Management US LLC acquired a new stake in shares of Genuine Parts during the 4th quarter worth approximately $343,000. 78.83% of the stock is owned by institutional investors.

Genuine Parts Company Profile

Genuine Parts Company distributes automotive replacement parts, and industrial parts and materials. It operates in two segments: 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 equipment and parts used by repair shops, service stations, fleet operators, automobile and truck dealers, leasing companies, bus and truck lines, mass merchandisers, farms, and individuals.