This summary was created by AI, based on 1 opinions in the last 12 months.
Genuine Parts Company (GPC-N) experienced a notable decline of 9.5% in May, which hasn't gone unnoticed by analysts who had anticipated greater earnings growth. Despite the recent downturn, there is a positive outlook for the company in the coming years, with expectations of around 10% annual growth over the next two years. The automotive industry is seeing vehicles on the road for extended periods, affecting the availability of new cars and potentially benefiting companies like Genuine Parts that provide essential auto parts. Additionally, the current trading rate at a low 13x forward price-to-earnings ratio suggests that the stock might be undervalued, making it a favorable investment option. Overall, the sentiment remains optimistic regarding Genuine Parts Company's long-term prospects, bolstered by its position in a market that is likely to see sustained demand for parts.
Good company that pays a 3% dividend. Is illiquid though.
Genuine Parts Company is a American stock, trading under the symbol GPC-N on the New York Stock Exchange (GPC). It is usually referred to as NYSE:GPC or GPC-N
In the last year, 1 stock analyst published opinions about GPC-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Genuine Parts Company.
Genuine Parts Company was recommended as a Top Pick by on . Read the latest stock experts ratings for Genuine Parts Company.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Genuine Parts Company In the last year. It is a trending stock that is worth watching.
On 2025-02-21, Genuine Parts Company (GPC-N) stock closed at a price of $122.15.
Down 9.5% in May. The street expected more earnings growth. He sees 10% annual growth in the next 2 years. Cars are on the raod longer, so good luck getting a new car. Trades at a low 13x forward PE. Happy to own this.