About Genuine Parts (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
Industry Motor vehicle supplies & new parts
Sub-IndustryDistributors
SectorAuto/Tires/Trucks
SymbolNYSE:GPC
CUSIP37246010
Phone678-934-5000
Debt
Debt-to-Equity Ratio0.74%
Current Ratio1.34%
Quick Ratio0.65%
Price-To-Earnings
Trailing P/E Ratio19.65
Forward P/E Ratio15.38
P/E Growth2.4
Sales & Book Value
Annual Sales$16.31 billion
Price / Sales0.79
Cash Flow$5.6140 per share
Price / Cash15.70
Book Value$23.63 per share
Price / Book3.73
Profitability
EPS (Most Recent Fiscal Year)$4.64
Net Income$616.75 million
Net Margins3.78%
Return on Equity20.48%
Return on Assets6.77%
Miscellaneous
Employees48,000
Outstanding Shares146,740,000
Genuine Parts (NYSE:GPC) Frequently Asked Questions
What is Genuine Parts' stock symbol?
Genuine Parts trades on the New York Stock Exchange (NYSE) under the ticker symbol "GPC."
How often does Genuine Parts pay dividends? What is the dividend yield for Genuine Parts?
Genuine Parts announced a quarterly dividend on Tuesday, February 20th. Investors of record on Friday, March 9th will be given a dividend of $0.72 per share on Monday, April 2nd. This represents a $2.88 annualized dividend and a yield of 3.27%. The ex-dividend date is Thursday, March 8th. This is a positive change from Genuine Parts's previous quarterly dividend of $0.68. View Genuine Parts' Dividend History.
How will Genuine Parts' stock buyback program work?
Genuine Parts declared that its board has approved a stock buyback plan on Tuesday, August 22nd 2017, which permits the company to buyback 15,000,000 shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback plans are often a sign that the company's leadership believes its stock is undervalued.
How were Genuine Parts' earnings last quarter?
Genuine Parts (NYSE:GPC) announced its quarterly earnings results on Thursday, April, 19th. The specialty retailer reported $1.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.32 by $0.05. The specialty retailer had revenue of $4.59 billion for the quarter, compared to analyst estimates of $4.48 billion. Genuine Parts had a return on equity of 20.48% and a net margin of 3.78%. The business's revenue for the quarter was up 17.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.08 EPS. View Genuine Parts' Earnings History.
What guidance has Genuine Parts issued on next quarter's earnings?
Genuine Parts updated its FY18 earnings guidance on Thursday, April, 19th. The company provided EPS guidance of $5.60-5.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.72. The company issued revenue guidance of $18-27-18.43 billion, compared to the consensus revenue estimate of $18.32 billion.
What price target have analysts set for GPC?
9 Wall Street analysts have issued 1 year price objectives for Genuine Parts' stock. Their forecasts range from $89.00 to $107.00. On average, they expect Genuine Parts' stock price to reach $98.00 in the next year. View Analyst Ratings for Genuine Parts.
Who are some of Genuine Parts' key competitors?
Some companies that are related to Genuine Parts include Michelin (MGDDY), Subaru (FUJHY), Geely (GELYY), Paccar (PCAR), Suzuki (SZKMY), Ferrari (RACE), Peugeot (PUGOY), Magna International (MGA), Tata Motors (TTM), CNH Industrial (CNHI), Aisin Seiki (ASEKY), Valeo (VLEEY), Autoliv (ALV), Lear (LEA), LKQ (LKQ), GKN (GKNLY), BorgWarner (BWA) and Yamaha Motor (YAMHF).
Who are Genuine Parts' key executives?
Genuine Parts' management team includes the folowing people:
- Paul D. Donahue, President, Chief Executive Officer, Director (Age 61)
- Jerry W. Nix, Vice Chairman of the Board (Age 71)
- Carol B. Yancey, Chief Financial Officer, Executive Vice President (Age 54)
- Timothy P. Breen, President, Chief Executive Officer of Motion Industries (Age 57)
- Lee A. Maher, President and Chief Operating Officer of the U.S. Automotive Parts Group (Age 62)
- Napoleon Rutledge, Senior Vice President - Finance
- James R. Neill, Senior Vice President - Human Resources (Age 56)
- Derek Goshay, Vice President - Safety and Sustainability
- Thomas C. Gallagher, Non-Executive Chairman of the Board (Age 70)
- Elizabeth W. Camp, Independent Director (Age 66)
Has Genuine Parts been receiving favorable news coverage?
News headlines about GPC stock have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Genuine Parts earned a media sentiment score of 0.22 on Accern's scale. They also assigned media coverage about the specialty retailer an impact score of 45.89 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
How do I buy shares of Genuine Parts?
Shares of GPC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Genuine Parts' stock price today?
One share of GPC stock can currently be purchased for approximately $88.14.
How big of a company is Genuine Parts?
Genuine Parts has a market capitalization of $13.41 billion and generates $16.31 billion in revenue each year. The specialty retailer earns $616.75 million in net income (profit) each year or $4.64 on an earnings per share basis. Genuine Parts employs 48,000 workers across the globe.
How can I contact Genuine Parts?
Genuine Parts' mailing address is 2999 WILDWOOD PARKWAY, ATLANTA GA, 30339. The specialty retailer can be reached via phone at 678-934-5000 or via email at [email protected]
MarketBeat Community Rating for Genuine Parts (GPC)
MarketBeat's community ratings are surveys of what our community members think about Genuine Parts and other stocks. Vote "Outperform" if you believe GPC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GPC will underperform the S&P 500 over the long term. You may vote once every thirty days.
Genuine Parts (NYSE:GPC) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
9 Wall Street analysts have issued ratings and price targets for Genuine Parts in the last 12 months. Their average twelve-month price target is $98.00, suggesting that the stock has a possible upside of 11.19%. The high price target for GPC is $107.00 and the low price target for GPC is $89.00. There are currently 2 sell ratings, 6 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 1.89 | 1.75 | 1.83 | 2.00 |
| Ratings Breakdown: | 2 Sell Rating(s)
6 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 3 Sell Rating(s)
4 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
3 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
4 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $98.00 | $95.3333 | $95.00 | $96.00 |
| Price Target Upside: | 11.19% upside | 1.20% upside | 2.30% upside | 7.01% upside |
Genuine Parts (NYSE:GPC) Consensus Price Target History
Genuine Parts (NYSE:GPC) Analyst Ratings History
Show:
(Data available from 4/20/2016 forward)
Genuine Parts (NYSE:GPC) Dividend Information
Genuine Parts pays an annual dividend of $2.88 per share, with a dividend yield of 3.27%. GPC's most recent quarterly dividend payment was Monday, April 2. The company has grown its dividend for the last 61 consecutive years and is increasing its dividend by an average of 5.80% each year. Genuine Parts pays out 62.07% of its earnings out as a dividend.
| Most Recent Dividend: | 4/2/2018 |
| Annual Dividend: | $2.88 |
| Dividend Yield: | 3.27% |
| Dividend Growth: | 5.80% (3 Year Average) |
| Payout Ratio: | 62.07% (Trailing 12 Months of Earnings)
50.26% (Based on This Year's Estimates)
46.75% (Based on Next Year's Estimates)
|
| Track Record: | 61 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
Genuine Parts (NYSE:GPC) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/20/2018 | quarterly | $0.72 | 2.88490433737354% | 3/8/2018 | 3/9/2018 | 4/2/2018 |
| 11/20/2017 | quarterly | $0.6750 | 3.14% | 12/7/2017 | 12/8/2017 | 1/2/2018 |
| 8/21/2017 | quarterly | $0.6750 | 3.27% | 9/7/2017 | 9/8/2017 | 10/2/2017 |
| 4/24/2017 | quarterly | $0.6750 | 2.89% | 6/7/2017 | 6/9/2017 | 7/3/2017 |
| 2/21/2017 | quarterly | $0.6750 | 2.76% | 3/8/2017 | 3/10/2017 | 4/3/2017 |
| 11/14/2016 | quarterly | $0.6575 | 2.74% | 12/7/2016 | 12/9/2016 | 1/3/2017 |
| 8/15/2016 | quarterly | $0.6575 | 2.58% | 9/7/2016 | 9/9/2016 | 10/3/2016 |
| 4/25/2016 | quarterly | $0.6575 | 2.68% | 6/1/2016 | 6/3/2016 | 7/1/2016 |
| 2/16/2016 | quarterly | $0.6575 | 2.93% | 3/2/2016 | 3/4/2016 | 4/1/2016 |
| 11/16/2015 | quarterly | $0.6150 | 2.79% | 12/2/2015 | 12/4/2015 | 1/4/2016 |
| 8/17/2015 | quarterly | $0.6150 | 2.8% | 9/2/2015 | 9/4/2015 | 10/1/2015 |
| 4/27/2015 | quarterly | $0.6150 | 2.69% | 6/3/2015 | 6/5/2015 | 7/1/2015 |
| 2/18/2015 | quarterly | $0.6150 | 2.57% | 3/4/2015 | 3/6/2015 | 4/1/2015 |
| 11/17/2014 | quarterly | $0.5750 | 2.3% | 12/3/2014 | 12/5/2014 | 1/2/2015 |
| 8/18/2014 | quarterly | $0.5750 | 2.66% | 9/3/2014 | 9/5/2014 | 10/1/2014 |
| 4/28/2014 | quarterly | $0.5750 | 2.67% | 6/4/2014 | 6/6/2014 | 7/1/2014 |
| 2/18/2014 | quarterly | $0.5750 | 2.66% | 3/5/2014 | 3/7/2014 | 4/1/2014 |
| 11/18/2013 | quarterly | $0.5375 | 2.63% | 12/4/2013 | 12/6/2013 | 1/2/2014 |
| 8/19/2013 | quarterly | $0.5375 | 2.7% | 9/4/2013 | 9/6/2013 | 10/1/2013 |
| 4/22/2013 | quarterly | $0.5375 | 2.9% | 6/5/2013 | 6/7/2013 | 7/1/2013 |
| 2/19/2013 | quarterly | $0.5375 | 3.12% | 3/6/2013 | 3/8/2013 | 4/1/2013 |
(Data available from 1/1/2013 forward)
Genuine Parts (NYSE GPC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 3.10%
Institutional Ownership Percentage: 75.30%
Genuine Parts (NYSE GPC) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After 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 | 3,822 | |
| 11/13/2015 | Thomas Gallagher | CEO | Buy | 3,000 | $86.86 | $260,580.00 | 547,671 | |
| 9/28/2015 | Robert C Loudermilk Jr | Director | Buy | 1,200 | $82.55 | $99,060.00 | 11,317 | |
| 8/20/2015 | Wendy B Needham | Director | Sell | 3,000 | $86.21 | $258,630.00 | 6,796 | |
| 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 | | |
(Data available from 1/1/2013 forward)
Genuine Parts (NYSE GPC) News Headlines
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Genuine Parts (NYSE:GPC) SEC Filings
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Genuine Parts (NYSE:GPC) Income Statement, Balance Sheet and Cash Flow Statement
Genuine Parts (NYSE GPC) Stock Chart for Friday, April, 20, 2018
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