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After finishing at $155.58 in the prior trading day, Genuine Parts Co. (NYSE: GPC) closed at $155.01, down -0.37%. In other words, the price has decreased by -$0.37 from its previous closing price. On the day, 0.55 million shares were traded. GPC stock price reached its highest trading level at $157.17 during the session, while it also had its lowest trading level at $154.63.
Ratios:
Our goal is to gain a better understanding of GPC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.25. For the most recent quarter (mrq), Quick Ratio is recorded 0.59 and its Current Ratio is at 1.14. In the meantime, Its Debt-to-Equity ratio is 1.12 whereas as Long-Term Debt/Eq ratio is at 0.93.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on October 12, 2023, initiated with a Neutral rating and assigned the stock a target price of $160.
On June 28, 2023, Northcoast started tracking the stock assigning a Buy rating and target price of $195.
BofA Securities Upgraded its Neutral to Buy on June 01, 2023, whereas the target price for the stock was revised from $185 to $189.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 20 ’24 when NEEDHAM WENDY B sold 3,250 shares for $154.92 per share. The transaction valued at 503,490 led to the insider holds 14,397 shares of the business.
LOUDERMILK ROBERT C JR bought 2,000 shares of GPC for $303,500 on Jun 02 ’23. The Director now owns 33,162 shares after completing the transaction at $151.75 per share. On Jun 01 ’23, another insider, BREAUX RANDALL P, who serves as the Group President, GPC N.A. of the company, bought 500 shares for $149.44 each. As a result, the insider paid 74,720 and bolstered with 20,523 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GPC now has a Market Capitalization of 21592737792 and an Enterprise Value of 25503021056. As of this moment, Genuine’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.29, and their Forward P/E ratio for the next fiscal year is 14.38. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.93 while its Price-to-Book (P/B) ratio in mrq is 4.91. Its current Enterprise Value per Revenue stands at 1.104 whereas that against EBITDA is 11.875.
Stock Price History:
The Beta on a monthly basis for GPC is 0.95, which has changed by -0.059291184 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, GPC has reached a high of $170.68, while it has fallen to a 52-week low of $126.35. The 50-Day Moving Average of the stock is 0.59%, while the 200-Day Moving Average is calculated to be 6.31%.
Shares Statistics:
The stock has traded on average 1.11M shares per day over the past 3-months and 801840 shares per day over the last 10 days, according to various share statistics. A total of 139.57M shares are outstanding, with a floating share count of 138.80M. Insiders hold about 0.36% of the company’s shares, while institutions hold 82.45% stake in the company. Shares short for GPC as of 1714435200 were 2391870 with a Short Ratio of 2.15, compared to 1711584000 on 2303068. Therefore, it implies a Short% of Shares Outstanding of 2391870 and a Short% of Float of 1.97.
Dividends & Splits
In the trailing 12 months, GPC’s forward annual dividend rate was 3.85, compared to 3.85 this year. Against a Trailing Annual Dividend Yield of 0.02474611The stock’s 5-year Average Dividend Yield is 2.75. The current Payout Ratio is 40.71% for GPC, which recently paid a dividend on 2024-02-29 with an ex-dividend date of 1717718400. Stock splits for the company last occurred on 1997-04-15 when the company split stock in a 3:2 ratio.
