News articles about Genuine Parts (NYSE:GPC) have been trending somewhat positive on Saturday, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Genuine Parts earned a coverage optimism score of 0.17 on Accern’s scale. Accern also assigned headlines about the specialty retailer an impact score of 46.3771099863386 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
- Gunpowder Capital Corp., Announces Results of Its AGM (finance.yahoo.com)
- Genuine Parts Company (GPC) Shares Bought by Sanders Capital LLC (overnewsmagazine.com)
- STC Trending Higher For Genuine Parts Co (GPC) - Evergreen Caller (evergreencaller.com)
- Genuine Parts Company (GPC) Eye Catching Move in Focus- Caterpillar Inc. (CAT) - Investing News Update (investingbizz.com)
- Pictet Asset Management Ltd Sells A Little More Genuine Parts Company (GPC) Stock - First News 24 (firstnewspaper24.com)
A number of brokerages have issued reports on GPC. BidaskClub lowered Genuine Parts from a “sell” rating to a “strong sell” rating in a research note on Monday, July 24th. Gabelli raised Genuine Parts from a “hold” rating to a “buy” rating and set a $101.00 price target on the stock in a research note on Friday, July 21st. Royal Bank Of Canada raised their price target on Genuine Parts from $94.00 to $96.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 20th. Zacks Investment Research lowered Genuine Parts from a “hold” rating to a “sell” rating in a research note on Friday, April 21st. Finally, Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and issued a $104.00 price target (up from $98.00) on shares of Genuine Parts in a research note on Saturday, April 22nd. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $96.86.
Genuine Parts (NYSE:GPC) traded down 0.27% during trading on Friday, hitting $83.88. The stock had a trading volume of 524,531 shares. The company has a market cap of $12.32 billion, a P/E ratio of 18.16 and a beta of 1.04. The company has a 50 day moving average of $87.69 and a 200-day moving average of $92.39. Genuine Parts has a 12-month low of $80.86 and a 12-month high of $105.18.
Genuine Parts (NYSE:GPC) last posted its quarterly earnings results on Thursday, July 20th. The specialty retailer reported $1.29 earnings per share for the quarter, missing the consensus estimate of $1.31 by $0.02. Genuine Parts had a net margin of 4.37% and a return on equity of 21.05%. The business had revenue of $4.10 billion for the quarter, compared to analyst estimates of $4.05 billion. During the same period in the previous year, the firm posted $1.28 earnings per share. The firm’s quarterly revenue was up 5.1% on a year-over-year basis. On average, equities analysts predict that Genuine Parts will post $4.73 EPS for the current year.
Genuine Parts Company Profile
Genuine Parts Company is a service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials. The Company’s segments include Automotive, Industrial, Office Products Group, Electrical/Electronic Materials and Other.
Receive News & Ratings for Genuine Parts Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genuine Parts Company and related companies with MarketBeat.com's FREE daily email newsletter.
