Genuine Parts Company (GPC)
Market Cap | 21.30B |
Revenue (ttm) | 23.11B |
Net Income (ttm) | 1.26B |
Shares Out | 139.30M |
EPS (ttm) | 8.96 |
PE Ratio | 17.06 |
Forward PE | 15.10 |
Dividend | $4.00 (2.62%) |
Ex-Dividend Date | Jun 7, 2024 |
Volume | 14,210 |
Open | 154.84 |
Previous Close | 154.10 |
Day's Range | 152.63 - 152.84 |
52-Week Range | 126.35 - 170.57 |
Beta | 0.95 |
Analysts | Buy |
Price Target | 163.10 (+6.68%) |
Earnings Date | Apr 18, 2024 |
About GPC
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 companie... [Read more]
Financial Performance
In 2023, GPC's revenue was $23.09 billion, an increase of 4.50% compared to the previous year's $22.10 billion. Earnings were $1.32 billion, an increase of 11.32%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for GPC stock is "Buy." The 12-month stock price forecast is $163.1, which is an increase of 6.68% from the latest price.
News
Genuine Parts Company Announces Acquisition of Largest NAPA Independent Store Owner in the U.S.
Advances Strategic Initiative to Own More Stores in Priority Markets ATLANTA, May 1, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial r...
Genuine Parts Company Announces Changes to the Board and Declares Regular Quarterly Dividend
ATLANTA , April 30, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced that its shareholders elected Mr. Cha...
Genuine Parts CEO Paul Donahue to be replaced by operations head
Automotive and industrial replacement parts provider Genuine Parts' CEO Paul Donahue will step down from his position and will assume the role of executive chairman, the company said in a statement on...
Genuine Parts Company Announces CEO Leadership Transition
Paul Donahue to Transition to Executive Chairman Will Stengel Appointed President and Chief Executive Officer ATLANTA, April 29, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading glob...
Genuine Parts Company Reports First Quarter 2024 Results and Updates Full-Year Outlook
Sales of $5.8 billion, Up 0.3% Diluted EPS of $1.78, Down 16.8% Adjusted Diluted EPS of $2.22, Up 3.7% Updates 2024 Outlook: Reaffirms Revenue Growth of 3% to 5% Updates Adjusted Diluted EPS to $9.80...
Earnings setup: UnitedHealth, Johnson & Johnson, Genuine Parts, P&G, Taiwan Semi & American Express
The Investment Committee give you their earnings setup for next week.
Genuine Parts Company to Report First Quarter 2024 Results on April 18, 2024
ATLANTA, March 28, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, plans to release first quarter financial results...
Genuine Parts Company Announces Officer Promotion
James F. Howe Appointed President, Motion ATLANTA , March 21, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, annou...
Genuine Parts Company to Participate in Upcoming Investor Conferences
ATLANTA , Feb. 20, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today that members of its leadership t...
Genuine Parts Company Reports Fourth Quarter and Full-Year 2023 Results
Declares Dividend Increase for 68th Consecutive Year Provides 2024 Outlook Fourth Quarter 2023 Highlights Sales of $5.6 billion, Up 1.1% Diluted EPS of $2.26, Up 27.7%, or Up 10.2% from Adjusted Dilut...
Genuine Parts Company to Report Fourth Quarter 2023 Results on February 15, 2024
ATLANTA , Jan. 25, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, plans to release fourth quarter and full-year fi...
What Charlie Munger and Grandma Ruth taught this money manager. His portfolio is up 50% this year.
At the start of 2023 and following a tough year, Christopher Tsai, president and chief investment officer of Tsai Capital, didn't think technology would generate a 50% return for his $110 million port...
Genuine Parts Company Declares Regular Quarterly Dividend
ATLANTA , Nov. 14, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today its Board of Directors declared ...
Genuine Parts Shares Sink After Sales Miss Estimates as US Auto Unit Underperforms
Genuine Parts (GPC) was the worst-performing stock in the S&P 500 on Thursday as shares fell over 12% after the automobile and industrial replacement parts dealer missed revenue estimates as its U.S. ...
Genuine Parts Stock Is Worst Performer in S&P 500 After Sales Miss
Third-quarter sales of $5.82 billion at the distributor of automotive and industrial replacements parts miss Wall Street forecasts.
Genuine Parts Company Reports Third Quarter 2023 Results and Updates Full-Year Outlook
Sales of $5.8 billion, Up 2.6% Diluted EPS of $2.49, Up 13.2%, or Up 11.7% from Adjusted Diluted EPS in 2022 Updates 2023 Outlook: Reaffirms Revenue Growth of 4% to 6% Updates Diluted EPS to $9.20 to ...
Genuine Parts Company to Present at the Gabelli Funds 47th Annual Auto Symposium
ATLANTA , Oct. 10, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today that Paul Donahue, Chairman & CE...
Genuine Parts Company Releases 2023 Sustainability Report
ATLANTA , Oct. 2, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today that it has published its 2023 Su...
Genuine Parts Company to Report Third Quarter 2023 Results on October 19, 2023
ATLANTA , Sept. 28, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, plans to release third quarter financial result...
NSK PRESENTED WITH MOTION'S SUPPLIER OF THE YEAR AWARD
ANN ARBOR, Mich. , Aug. 31, 2023 /PRNewswire/ -- Motion Industries, Inc., a leading distributor of maintenance, repair and operation replacement parts, and a premier provider of industrial technology ...
Genuine Parts Company to Participate at the Goldman Sachs Global Retailing Conference
ATLANTA , Aug. 22, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today that Bert Nappier, EVP & CFO, wi...
Genuine Parts Company Announces Automotive Acquisition in Europe, Expanding Leadership Position in Spain
ATLANTA , Aug. 1, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC) announced today an acquisition for its European Automotive business. Effective July 31, 2023, Alliance Automotive Group (AAG), ...
Genuine Parts Company Reports Second Quarter 2023 Results And Raises Full Year Outlook
Record Sales of $5.9 billion, Up 5.6% Diluted EPS of $2.44, Down 6.9%, or Up 10.9% from Adjusted Diluted EPS in 2022 Updates 2023 Outlook: Reaffirms Revenue Growth of 4% to 6% Increases Diluted EPS to...