The stock of Genuine Parts Co. (GPC) has gone up by 1.70% for the week, with a -0.85% drop in the past month and a 2.98% rise in the past quarter. The volatility ratio for the week is 1.80%, and the volatility levels for the past 30 days are 2.06% for GPC. The simple moving average for the last 20 days is 2.17% for GPC stock, with a simple moving average of -1.82% for the last 200 days.
Is It Worth Investing in Genuine Parts Co. (NYSE: GPC) Right Now?
Genuine Parts Co. (NYSE: GPC) has a price-to-earnings ratio of 16.38x that is above its average ratio. Additionally, the 36-month beta value for GPC is 0.91. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 8 rating it as “hold,” and 2 rating it as “sell.”
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The public float for GPC is 138.80M and currently, short sellers hold a 1.56% ratio of that float. The average trading volume of GPC on September 27, 2024 was 945.31K shares.
GPC) stock’s latest price update
The stock of Genuine Parts Co. (NYSE: GPC) has increased by 2.15 when compared to last closing price of 138.52. Despite this, the company has experienced a 1.70% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-09-20 that I prioritize dividend growth over yield, focusing on Dividend Aristocrats like Realty Income, Chevron, and Genuine Parts Company for their consistent dividend increases and robust cash flows. Realty Income, a leading REIT, offers a 5% dividend yield and potential 11% upside, despite tenant challenges and recent stock re-rating. Chevron, a diversified energy giant, trades at a low forward P/E of 10.8x with a 4.6% yield, poised for growth with rising crude prices.
Analysts’ Opinion of GPC
Many brokerage firms have already submitted their reports for GPC stocks, with UBS repeating the rating for GPC by listing it as a “Neutral.” The predicted price for GPC in the upcoming period, according to UBS is $160 based on the research report published on October 12, 2023 of the previous year 2023.
Northcoast, on the other hand, stated in their research note that they expect to see GPC reach a price target of $195. The rating they have provided for GPC stocks is “Buy” according to the report published on June 28th, 2023.
BofA Securities gave a rating of “Buy” to GPC, setting the target price at $189 in the report published on June 01st of the previous year.
GPC Trading at 1.42% from the 50-Day Moving Average
After a stumble in the market that brought GPC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.96% of loss for the given period.
Volatility was left at 2.06%, however, over the last 30 days, the volatility rate increased by 1.80%, as shares sank -0.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.78% lower at present.
During the last 5 trading sessions, GPC rose by +1.70%, which changed the moving average for the period of 200-days by +6.41% in comparison to the 20-day moving average, which settled at $138.45. In addition, Genuine Parts Co. saw 2.17% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GPC starting from NEEDHAM WENDY B, who sale 3,000 shares at the price of $151.29 back on May 21 ’24. After this action, NEEDHAM WENDY B now owns 13,006 shares of Genuine Parts Co., valued at $453,870 using the latest closing price.
NEEDHAM WENDY B, the Director of Genuine Parts Co., sale 3,250 shares at $154.92 during a trade that took place back on Mar 20 ’24, which means that NEEDHAM WENDY B is holding 14,397 shares at $503,490 based on the most recent closing price.
Stock Fundamentals for GPC
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.35 for the gross margin
The net margin for Genuine Parts Co. stands at 0.05. The total capital return value is set at 0.16. Equity return is now at value 28.16, with 6.77 for asset returns.
Based on Genuine Parts Co. (GPC), the company’s capital structure generated 0.46 points at debt to capital in total, while cash flow to debt ratio is standing at 0.41. The debt to equity ratio resting at 0.85. The interest coverage ratio of the stock is 23.06.
Currently, EBITDA for the company is 2.1 billion with net debt to EBITDA at 2.28. When we switch over and look at the enterprise to sales, we see a ratio of 1.05. The receivables turnover for the company is 9.17for trailing twelve months and the total asset turnover is 1.23. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.12.
Conclusion
In conclusion, Genuine Parts Co. (GPC) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
