Genuine Parts Company (NYSE:GPC) went up by 3.46% during the previous trading session, and it is maintaining the win ahead of Tuesday’s trading session. The share price of the Specialty Retail giant went up by $88.58 to trade ended Tuesday trading at $85.62. This is up from the $85.62 price recorded on Monday’s trading session. Thanks to this latest performance, GPC is closer to the higher price 52-week target of $99.00 and further from the lowest price target of $67.00. Its performance from the start of the year has also been negative, with GPC down by -16.61% year-to-date.
Genuine Parts Company (GPC) started the day trading at $89.13 and recorded an intraday high of $89.65. It also recorded an intraday low of $86.57 during Tuesday’s trading session. Genuine Parts Company is a very active stock that recorded a trading volume that is less than -50.71% of the average daily trading volume on Tuesday. The stock’s trading volume on Tuesday was 736516, which is less than -50.71 of the total average daily trading volume of 1.11 million.
Genuine Parts Company (NYSE:GPC) 2020 Performance Impressive
The increase in GPC’s stock price on Tuesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of GPC currently stands at $108.58, which is higher than the current trading price of the stock by 18.42%. However, GPC’s current trading price is -78.3% lower than the 52-week low price of $49.68. In terms of trading volume, Genuine Parts Company currently experienced healthy participation during the last trading session. 736516 shares of Genuine Parts Company were traded on the stock exchange on Tuesday, which is less than -50.71% of the 1.11 million average trading volume of the stock.
The performance of the stock has been positive over the past year. GPC’s performance over the past one year has seen it plunge by -13.49%, while the stock has gone down by -15.77% in the last six months. The quarterly performance of GPC currently stands at 15.26%, and it is up by 21.14% in the last month. The only negative figure was from the weekly performance, which currently reads -3.36%. At the time of writing GPC’s report, the company has a total market cap of $12.48B, making it one of the largest publicly-traded companies in the world.Genuine Parts Company also has over 55000 employees all over the world.
GPC Insider Activities
For Genuine Parts Company, insiders hold 79.70% of all company shares. The insider transactions over the past six months are up by 0.50%. During that period, insiders bought 17,000 shares in 7 transactions. In that same period, insiders sold 3,902 of their shares in 7 transactions. After these transactions, insiders at Genuine Parts Company now hold 3.98M shares, which is over 80.93% of the total company stocks. Institutional investors currently hold a large chunk of the GPC shares, as they control 2.76% of the company’s total stock.
GPC Fundamental Analysis
For Genuine Parts Company, the stock’s diluted earnings per share (EPS) stands at 4.08. In the coming year, analysts expect the EPS to be 5.21. The EPS growth will slow down over the next five years to -1.30% after plunging by -1.50% in the previous five years. In terms of revenue, Genuine Parts Company’s quarterly sales (YOY) is growing at 0.78, which is higher than the average annual revenue of -1.50% over the past half a decade.
The Return on Investment (ROI) on Genuine Parts Company’s stock currently stands at 9.20%, and it has a net profit margin of 3.10%. The operating margin of the company is 4.20%, and its gross margin is 32.80%.
GPC Analysts Prediction
In April 08, 2020, several analysts reiterated their positions on the Genuine Parts Company stock and predicted its performance to their investors. The analysts at BofA/Merrill believe GPC is still a Buy and set the price target between $85 and $78. Another analyst that has a Sell rating for GPC is Goldman, which set a price target of between $101 and $93.
At the moment, Genuine Parts Company’s Total Debt to Equity ratio stands at 1.07, and they have a long-term Debt to Equity ratio of 0.80.
GPC Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of GPC currently stands at 4.68%, while the SMA50 is 13.74%. The biggest one is the SMA200, which is currently reading -2.83% ahead of Tuesday’s trading session. The Relative Strength Index of this stock is 58.87, while its price to earnings ratio (P/E) is 21.69.