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The closing price of Genuine Parts Co. (NYSE: GPC) was $113.11 for the day, down -20.97% from the previous closing price of $143.12. In other words, the price has decreased by -$20.97 from its previous closing price. On the day, 6.69 million shares were traded. GPC stock price reached its highest trading level at $122.54 during the session, while it also had its lowest trading level at $112.745.
Ratios:
Our analysis of GPC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.49. For the most recent quarter (mrq), Quick Ratio is recorded 0.57 and its Current Ratio is at 1.17. In the meantime, Its Debt-to-Equity ratio is 1.28 whereas as Long-Term Debt/Eq ratio is at 1.10.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 21 ’24 when NEEDHAM WENDY B sold 3,000 shares for $151.29 per share. The transaction valued at 453,870 led to the insider holds 13,006 shares of the business.
NEEDHAM WENDY B sold 3,250 shares of GPC for $503,490 on Mar 20 ’24. The Director now owns 14,397 shares after completing the transaction at $154.92 per share.
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 15758259200 and an Enterprise Value of 24598386688. As of this moment, Genuine’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.56, and their Forward P/E ratio for the next fiscal year is 11.73. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.68 while its Price-to-Book (P/B) ratio in mrq is 3.35. Its current Enterprise Value per Revenue stands at 1.062 whereas that against EBITDA is 11.535.
Stock Price History:
Over the past 52 weeks, GPC has reached a high of $164.45, while it has fallen to a 52-week low of $126.35. The 50-Day Moving Average of the stock is -18.34%, while the 200-Day Moving Average is calculated to be -21.52%.
Shares Statistics:
GPC traded an average of 840.39K shares per day over the past three months and 865390 shares per day over the past ten days. A total of 139.57M shares are outstanding, with a floating share count of 138.80M. Insiders hold about 0.37% of the company’s shares, while institutions hold 81.82% stake in the company. Shares short for GPC as of 1727654400 were 2730569 with a Short Ratio of 3.25, compared to 1724976000 on 2639121. Therefore, it implies a Short% of Shares Outstanding of 2730569 and a Short% of Float of 2.25.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.73.
