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
Industry Auto & Truck Parts Wholesale
Trailing P/E Ratio18.89
Forward P/E Ratio18.98
Sales & Book Value
Annual Sales$15.34 billion
Price / Sales0.83
Cash Flow$5.68 per share
Price / Cash15.31
Book Value$23.12 per share
Price / Book3.76
Net Income$687.24 million
Return on Equity20.49%
Return on Assets7.29%
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 declared a quarterly dividend on Monday, November 20th. Stockholders of record on Friday, December 8th will be paid a dividend of $0.675 per share on Tuesday, January 2nd. This represents a $2.70 dividend on an annualized basis and a dividend yield of 3.11%. The ex-dividend date is Thursday, December 7th. View Genuine Parts Company's Dividend History.
How will Genuine Parts Company's stock buyback program work?
Genuine Parts Company declared that its Board of Directors has approved a stock repurchase plan on Tuesday, August 22nd 2017, which allows the company to buyback 15,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its shares are undervalued.
How were Genuine Parts Company's earnings last quarter?
Genuine Parts Company (NYSE:GPC) posted its quarterly earnings results on Thursday, October, 19th. The specialty retailer reported $1.16 earnings per share for the quarter, missing analysts' consensus estimates of $1.28 by $0.12. The specialty retailer earned $1.10 billion during the quarter, compared to analyst estimates of $4.10 billion. Genuine Parts Company had a net margin of 4.16% and a return on equity of 20.49%. Genuine Parts Company's quarterly revenue was down 72.2% on a year-over-year basis. During the same period in the previous year, the company earned $1.24 EPS. 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 issued an update on its FY17 earnings guidance on Thursday, October, 19th. The company provided EPS guidance of $4.55-4.60 for the period, compared to the Thomson Reuters consensus EPS 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 brokers have issued 1 year price targets for Genuine Parts Company's stock. Their predictions range from $89.00 to $101.00. On average, they expect Genuine Parts Company's share price to reach $96.00 in the next year. 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 Michelin (MGDDY), PACCAR (PCAR), Tata Motors Ltd (TTM), Ferrari N.V. (RACE), Peugeot Sa (PUGOY), Magna International (MGA), CNH Industrial N.V. (CNHI), Valeo S.A. (VLEEY), Aisin Seiki Co. Ltd. Unsponsored ADR (ASEKY), Lear Corporation (LEA), LKQ Corporation (LKQ), BorgWarner (BWA), Yamaha Motor Co. (YAMHF), Autoliv (ALV), Weichai Power (WEICY), Mazda Motor Corporation (MZDAY), Harley-Davidson (HOG) and Wabco Holdings (WBC).
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 (Age 60)
- Jerry W. Nix, Vice Chairman of the Board (Age 71)
- Carol B. Yancey, Chief Financial Officer, Executive Vice President, IR Contact Officer (Age 53)
- Timothy P. Breen, President, Chief Executive Officer of Motion Industries (Age 56)
- Lee A. Maher, President and Chief Operating Officer of the U.S. Automotive Parts Group (Age 61)
- James R. Neill, Senior Vice President - Human Resources (Age 55)
- Thomas C. Gallagher, Non-Executive Chairman of the Board (Age 69)
- Elizabeth W. Camp, Independent Director (Age 65)
- Gary P. Fayard, Independent Director (Age 65)
- P. Russell Hardin, Independent Director
Who owns Genuine Parts Company stock?
Genuine Parts Company's stock is owned by a variety of of retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (4.90%), Caisse DE Depot ET Placement DU Quebec (2.56%), Wells Fargo & Company MN (2.06%), Gamco Investors INC. ET AL (1.26%), Bank of New York Mellon Corp (1.03%) and Gabelli Funds LLC (1.02%). 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, Prudential Financial Inc., Sit Investment Associates Inc., Vaughan David Investments Inc. IL, Pictet Asset Management Ltd., Moody Lynn & Lieberson LLC, Los Angeles Capital Management & Equity Research Inc. and Meyer Handelman 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 purchased by a variety of institutional investors in the last quarter, including Caisse DE Depot ET Placement DU Quebec, Wells Fargo & Company MN, American Century Companies Inc., Deprince Race & Zollo Inc., Amundi Pioneer Asset Management Inc., Jane Street Group LLC, Crossmark Global Holdings Inc. and Legal & General Group Plc. 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 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 Company's stock price today?
One share of Genuine Parts Company stock can currently be purchased for approximately $86.91.
How big of a company is Genuine Parts Company?
Genuine Parts Company has a market capitalization of $12.60 billion and generates $15.34 billion in revenue each year. The specialty retailer earns $687.24 million in net income (profit) each year or $4.47 on an earnings per share basis. Genuine Parts Company employs 40,000 workers across the globe.
How can I contact Genuine Parts Company?
Genuine Parts Company's 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 Company (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.
Analysts' Consensus Rating for Genuine Parts Company (NYSE:GPC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks 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). 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 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, 0 Strong Buy Ratings|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||$96.00 (10.46% upside)|
Consensus Price Target History for Genuine Parts Company (NYSE:GPC)
Analysts' Ratings History for Genuine Parts Company (NYSE:GPC)
(Data available from 11/23/2015 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 and Estimates Chart 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|
|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)
|Dividend Growth:||7.10% (3 Year Average)|
|Payout Ratio:||60.40% (Trailing 12 Months of Earnings) |
58.95% (Based on This Year's Estimates)
50.37% (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%
Institutional Ownership Percentage: 74.69%
Insider Trades by Quarter for Genuine Parts Company (NYSE GPC)
(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|| |
Latest Headlines for Genuine Parts Company (NYSE GPC)
Genuine Parts Company (NYSE GPC) Chart for Thursday, November, 23, 2017