Genuine Parts Co. [NYSE: GPC] loss -20.97% on the last trading session, reaching $113.11 price per share at the time.
If compared to the average trading volume of 840.39K shares, GPC reached a trading volume of 6690835 in the most recent trading day, which is why market watchdogs consider the stock to be active.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Here is what top equities market gurus are saying about Genuine Parts Co. [GPC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GPC shares is $146.11 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GPC stock is a recommendation set at 2.47. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
UBS have made an estimate for Genuine Parts Co. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on October 12, 2023. While these analysts kept the previous recommendation, Northcoast raised their target price to Buy. The new note on the price target was released on June 28, 2023, representing the official price target for Genuine Parts Co. stock. Previously, the target price had yet another raise from $185 to $189, while BofA Securities kept a Buy rating on GPC stock. On May 02, 2023, analysts increased their price target for GPC shares from 163 to 164.
The Average True Range (ATR) for Genuine Parts Co. is set at 4.47, with the Price to Sales ratio for GPC stock in the period of the last 12 months amounting to 0.68. The Price to Book ratio for the last quarter was 3.35, with the Price to Cash per share for the same quarter was set at 7.74. Price to Free Cash Flow for GPC in the course of the last twelve months was 17.49 with Quick ratio for the last quarter at 0.57.
Trading performance analysis for GPC stock
Genuine Parts Co. [GPC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -19.44. With this latest performance, GPC shares dropped by -17.88% in over the last four-week period, additionally sinking by -30.77% over the last 6 months – not to mention a drop of -12.07% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GPC stock in for the last two-week period is set at 21.47, with the RSI for the last a single of trading hit 16.18, and the three-weeks RSI is set at 25.88 for Genuine Parts Co. [GPC]. The present Moving Average for the last 50 days of trading for this stock 138.52, while it was recorded at 137.24 for the last single week of trading, and 144.12 for the last 200 days.
Genuine Parts Co. [GPC]: A deeper dive into fundamental analysis
Genuine Parts Co.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.57 and a Current Ratio set at 1.17.
Genuine Parts Co. [GPC]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Genuine Parts Co. posted 2.49/share EPS, while the average EPS was predicted by analysts to be reported at 2.4/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.09. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GPC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Genuine Parts Co. go to 7.10%.
An analysis of Institutional ownership at Genuine Parts Co. [GPC]
There are presently around $82.29%, or 82.58%% of GPC stock, in the hands of institutional investors. The top three institutional holders of GPC stocks are: VANGUARD GROUP INC with ownership of 17.15 million shares, which is approximately 12.2629%. BLACKROCK INC., holding 10.83 million shares of the stock with an approximate value of $$1.5 billion in GPC stocks shares; and BLACKROCK INC., currently with $$1.04 billion in GPC stock with ownership which is approximately 5.323%.
