Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
Genuine Parts Co. (NYSE: GPC) closed the day trading at $154.92 down -1.13% from the previous closing price of $156.69. In other words, the price has decreased by -$1.13 from its previous closing price. On the day, 1.18 million shares were traded. GPC stock price reached its highest trading level at $157.75 during the session, while it also had its lowest trading level at $154.85.
Ratios:
For a better understanding of GPC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.24. 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 21580201984 and an Enterprise Value of 25490485248. As of this moment, Genuine’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.28, 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 2.43. 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 4.90. Its current Enterprise Value per Revenue stands at 1.103 whereas that against EBITDA is 11.869.
Stock Price History:
Over the past 52 weeks, GPC has reached a high of $174.91, while it has fallen to a 52-week low of $126.35. The 50-Day Moving Average of the stock is 0.97%, while the 200-Day Moving Average is calculated to be 6.21%.
Shares Statistics:
Over the past 3-months, GPC traded about 1.14M shares per day on average, while over the past 10 days, GPC traded about 1052100 shares per day. A total of 139.57M shares are outstanding, with a floating share count of 138.94M. Insiders hold about 0.26% of the company’s shares, while institutions hold 80.02% stake in the company. Shares short for GPC as of 1713139200 were 2343241 with a Short Ratio of 2.05, compared to 1710460800 on 2188651. Therefore, it implies a Short% of Shares Outstanding of 2343241 and a Short% of Float of 1.9299999.
Dividends & Splits
GPC’s forward annual dividend rate is 3.85, up from 3.85 a year ago. Against a Trailing Annual Dividend Yield of 0.024570808The stock’s 5-year Average Dividend Yield is 2.75.
