About Genuine Parts Company (NYSE:GPC)
Genuine Parts Company is a service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials. The Company's segments include Automotive, Industrial, Office Products Group, Electrical/Electronic Materials and Other. The automotive segment distributes replacement parts for all makes and models of automobiles, trucks and other vehicles. The industrial segment distributes a range of industrial bearings, mechanical and fluid power transmission equipment, including hydraulic and pneumatic products, material handling components and related parts and supplies. The office products segment distributes a range of office products, computer supplies, office furniture, and business electronics. The electrical/electronic materials segment distributes a range of electrical/electronic materials, including insulating and conductive materials for use in electronic and electrical apparatus.
Industry, Sector and Symbol:
- Sector: Auto/Tires/Trucks
- Industry: Auto & Truck Parts Wholesale
- Sub-Industry: Distributors
- Symbol: NYSE:GPC
- CUSIP: 37246010
- Web: www.genpt.com
- Market Cap: $13.01363 billion
- Outstanding Shares: 146,831,000
- 50 Day Moving Avg: $91.25
- 200 Day Moving Avg: $89.18
- 52 Week Range: $79.86 - $100.90
Sales & Book Value:
- Trailing P/E Ratio: 19.33
- Foreward P/E Ratio: 17.30
- P/E Growth: 3.92
- Annual Revenue: $15.73 billion
- Price / Sales: 0.83
- Book Value: $22.39 per share
- Price / Book: 3.99
- Annual Dividend: $2.70
- Dividend Yield: 3.1%
- EBITDA: $1.22 billion
- Net Margins: 4.16%
- Return on Equity: 20.49%
- Return on Assets: 7.29%
- Debt-to-Equity Ratio: 0.16%
- Current Ratio: 1.32%
- Quick Ratio: 0.62%
- Average Volume: 896,517 shs.
- Beta: 1.1
Frequently Asked Questions for Genuine Parts Company (NYSE:GPC)
What is Genuine Parts Company's stock symbol?
Genuine Parts Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "GPC."
How often does Genuine Parts Company pay dividends? What is the dividend yield for Genuine Parts Company?
Genuine Parts Company announced a quarterly dividend on Monday, August 21st. Shareholders of record on Friday, September 8th will be given a dividend of $0.675 per share on Monday, October 2nd. This represents a $2.70 annualized dividend and a yield of 3.02%. The ex-dividend date is Thursday, September 7th. View Genuine Parts Company's Dividend History.
How will Genuine Parts Company's stock buyback program work?
Genuine Parts Company announced that its board has authorized a stock repurchase program on Tuesday, August 22nd 2017, which permits the company to repurchase 15,000,000 shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company's board believes its stock is undervalued.
How were Genuine Parts Company's earnings last quarter?
Genuine Parts Company (NYSE:GPC) released its quarterly earnings data on Thursday, October, 19th. The company reported $1.16 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.28 by $0.12. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $4.10 billion. Genuine Parts Company had a return on equity of 20.49% and a net margin of 4.16%. The company's revenue was down 72.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.24 earnings per share. View Genuine Parts Company's Earnings History.
When will Genuine Parts Company make its next earnings announcement?
What guidance has Genuine Parts Company issued on next quarter's earnings?
Genuine Parts Company updated its FY17 earnings guidance on Thursday, October, 19th. The company provided earnings per share guidance of $4.55-4.60 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.73. The company issued revenue guidance of $16.0-16.03 billion, compared to the consensus revenue estimate of $15.99 billion.
Where is Genuine Parts Company's stock going? Where will Genuine Parts Company's stock price be in 2017?
6 brokerages have issued 12 month target prices for Genuine Parts Company's shares. Their forecasts range from $89.00 to $101.00. On average, they anticipate Genuine Parts Company's stock price to reach $96.00 in the next twelve months. View Analyst Ratings for Genuine Parts Company.
Who are some of Genuine Parts Company's key competitors?
Some companies that are related to Genuine Parts Company include Delphi Automotive PLC (DLPH), MICHELIN (CGDE) (MGDDY), Fiat Chrysler Automobiles N.V. (FCAU), Tata Motors Ltd (TTM), Ferrari N.V. (RACE), Magna International (MGA), Valeo S.A. (VLEEY), Lear Corporation (LEA), LKQ Corporation (LKQ), BorgWarner (BWA), Autoliv (ALV), The Goodyear Tire & Rubber Company (GT), Harley-Davidson (HOG), Wabco Holdings (WBC), GKN plc (GKNLY), Oshkosh Corporation (OSK), Allison Transmission Holdings (ALSN) and Gentex Corporation (GNTX).
Who are Genuine Parts Company's key executives?
Genuine Parts Company's management team includes the folowing people:
- Paul D. Donahue, President, Chief Executive Officer, Director
- Jerry W. Nix, Vice Chairman of the Board
- Carol B. Yancey, Chief Financial Officer, Executive Vice President, IR Contact Officer
- Timothy P. Breen, President, Chief Executive Officer of Motion Industries
- Lee A. Maher, President and Chief Operating Officer of the U.S. Automotive Parts Group
- James R. Neill, Senior Vice President - Human Resources
- Thomas C. Gallagher, Non-Executive Chairman of the Board
- Elizabeth W. Camp, Independent Director
- Gary P. Fayard, Independent Director
- P. Russell Hardin, Independent Director
Who owns Genuine Parts Company stock?
Genuine Parts Company's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Sanders Capital LLC (0.43%), Park National Corp OH (0.22%), Sabal Trust CO (0.18%), APG Asset Management N.V. (0.15%), BB&T Corp (0.10%) and Sit Investment Associates Inc. (0.08%). Company insiders that own Genuine Parts Company stock include Thomas Gallagher and Wendy B Needham. View Institutional Ownership Trends for Genuine Parts Company.
Who sold Genuine Parts Company stock? Who is selling Genuine Parts Company stock?
Genuine Parts Company's stock was sold by a variety of institutional investors in the last quarter, including Sanders Capital LLC, Sit Investment Associates Inc., Cacti Asset Management LLC, BB&T Corp, State Treasurer State of Michigan and Whittier Trust Co.. View Insider Buying and Selling for Genuine Parts Company.
Who bought Genuine Parts Company stock? Who is buying Genuine Parts Company stock?
Genuine Parts Company's stock was acquired by a variety of institutional investors in the last quarter, including Sabal Trust CO, Shell Asset Management Co., APG Asset Management N.V., Alpha Windward LLC, Park National Corp OH, LS Investment Advisors LLC, Viking Fund Management LLC and Monarch Capital Management Inc.. View Insider Buying and Selling for Genuine Parts Company.
How do I buy Genuine Parts Company stock?
Shares of Genuine Parts Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Genuine Parts Company's stock price today?
MarketBeat Community Rating for Genuine Parts Company (NYSE GPC)MarketBeat's community ratings are surveys of what our community members think about Genuine Parts Company and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Genuine Parts Company stock can currently be purchased for approximately $89.27.
Consensus Ratings for Genuine Parts Company (NYSE:GPC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 4 Hold Ratings, 1 Buy Rating|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||$96.00 (7.54% upside)|Consensus Price Target History for Genuine Parts Company (NYSE:GPC)
Analysts' Ratings History for Genuine Parts Company (NYSE:GPC)
(Data available from 10/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/20/2017||Royal Bank Of Canada||Lower Price Target||Sector Perform||$98.00 -> $95.00||N/A|
|10/12/2017||Jefferies Group LLC||Reiterated Rating||Hold||$95.00||N/A|
|7/6/2017||Goldman Sachs Group, Inc. (The)||Downgrade||Neutral -> Sell||$104.00 -> $89.00||Low|
|12/14/2016||Atlantic Securities||Initiated Coverage||Neutral||$100.00||N/A|
|8/25/2016||Susquehanna Bancshares Inc||Initiated Coverage||Neutral||$102.00||N/A|
|7/25/2016||Argus||Reiterated Rating||Buy||$106.00 -> $108.00||N/A|
|5/16/2016||Sterne Agee CRT||Reiterated Rating||Neutral||N/A|
|2/1/2016||J P Morgan Chase & Co||Downgrade||Overweight -> Neutral||$99.00 -> $88.00||N/A|
Earnings History for Genuine Parts Company (NYSE:GPC)Earnings History by Quarter for Genuine Parts Company (NYSE GPC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/20/2018|| || || || || || || || |
|10/19/2017||Q3 2017||$1.28||$1.16||$4.10 billion||$1.10 billion||View||N/A|
|7/20/2017||Q2 2017||$1.31||$1.29||$4.05 billion||$4.10 billion||View||N/A|
|4/19/2017||Q1 2017||$1.05||$1.08||$3.85 billion||$3.91 billion||View||N/A|
|2/21/2017||Q416||$1.01||$1.02||$3.78 billion||$3.78 billion||View||Listen|
|10/19/2016||Q316||$1.29||$1.24||$4.03 billion||$3.94 billion||View||Listen|
|7/19/2016||Q216||$1.29||$1.28||$3.97 billion||$3.90 billion||View||Listen|
|4/19/2016||Q116||$1.03||$1.05||$3.72 billion||$3.72 billion||View||Listen|
|2/16/2016||Q415||$1.01||$1.07||$3.77 billion||$3.68 billion||View||Listen|
|10/19/2015||Q315||$1.24||$1.24||$4.01 billion||$3.92 billion||View||Listen|
|7/20/2015||Q215||$1.33||$1.28||$4.06 billion||$3.94 billion||View||Listen|
|4/21/2015||Q115||$1.05||$1.05||$3.79 billion||$3.74 billion||View||N/A|
|2/17/2015||Q414||$1.07||$1.07||$3.74 billion||$3.82 billion||View||N/A|
|10/20/2014||Q214||$1.23||$1.24||$3.93 billion||$3.99 billion||View||Listen|
|7/21/2014||Q114||$1.26||$1.28||$3.87 billion||$3.91 billion||View||Listen|
|4/22/2014||Q413||$1.02||$1.02||$3.61 billion||$3.62 billion||View||Listen|
|2/18/2014||Q313||$0.93||$0.97||$3.43 billion||$3.50 billion||View||Listen|
|10/18/2013||Q213||$1.20||$1.12||$3.79 billion||$3.69 billion||View||Listen|
|7/18/2013||Q2 2013||$1.21||$1.39||$3.68 billion||$3.68 billion||View||Listen|
|4/19/2013||Q1 2013||$0.98||$0.93||$3.29 billion||$3.20 billion||View||Listen|
|2/19/2013||Q4 2012||$0.93||$1.03||$3.19 billion||$3.12 billion||View||Listen|
Earnings Estimates for Genuine Parts Company (NYSE:GPC)
2017 EPS Consensus Estimate: $4.71
2018 EPS Consensus Estimate: $5.16
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Genuine Parts Company (NYSE:GPC)
|Most Recent Dividend:||10/2/2017|
|Dividend Growth:||7.10% (3 Year Average)|
|Payout Ratio:||60.40% (Trailing 12 Months of Earnings) |
58.95% (Based on This Year's Estimates)
52.33% (Based on Next Year's Estimates)
|Track Record:||60 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Genuine Parts Company (NYSE GPC)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Genuine Parts Company (NYSE:GPC)
Insider Ownership Percentage: 3.10%Insider Trades by Quarter for Genuine Parts Company (NYSE:GPC)
Institutional Ownership Percentage: 74.32%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|10/20/2016||Thomas Gallagher||Chairman||Buy||3,000||$89.24||$267,720.00|| |
|2/18/2016||Wendy B Needham||Director||Sell||3,000||$90.61||$271,830.00|| |
|11/13/2015||Thomas Gallagher||CEO||Buy||3,000||$86.86||$260,580.00|| |
|9/28/2015||Robert C Loudermilk Jr||Director||Buy||1,200||$82.55||$99,060.00|| |
|8/20/2015||Wendy B Needham||Director||Sell||3,000||$86.21||$258,630.00|| |
|7/22/2015||Thomas Gallagher||CEO||Buy||4,000||$87.71||$350,840.00|| |
|3/6/2015||Thomas Gallagher||CEO||Buy||4,000||$93.44||$373,760.00|| |
|1/15/2015||Thomas Gallagher||CEO||Buy||5,000||$95.25||$476,250.00|| |
|8/13/2014||Thomas Gallagher||CEO||Buy||5,000||$84.00||$420,000.00|| |
|12/31/2012||John R Holder||Director||Buy||1,000||$63.03||$63,030.00|| |
Headline Trends for Genuine Parts Company (NYSE:GPC)
Latest Headlines for Genuine Parts Company (NYSE:GPC)
Loading headlines, please wait.
Genuine Parts Company (GPC) Chart for Tuesday, October, 24, 2017