Genuine Parts Company (GPC) Analysts See $1.56 EPS

June 15, 2018 - By Sophie Menendez

Genuine Parts Company (NYSE:GPC) LogoInvestors sentiment increased to 0.95 in Q1 2018. Its up 0.01, from 0.94 in 2017Q4. It increased, as 33 investors sold Genuine Parts Company shares while 206 reduced holdings. 62 funds opened positions while 164 raised stakes. 104.87 million shares or 1.34% less from 106.29 million shares in 2017Q4 were reported.
The Massachusetts-based Winslow Evans Crocker Incorporated has invested 0% in Genuine Parts Company (NYSE:GPC). Federated Invsts Pa reported 3,203 shares. Hsbc Public Ltd Company reported 0.02% in Genuine Parts Company (NYSE:GPC). The Missouri-based Benjamin F Edwards Incorporated has invested 0.1% in Genuine Parts Company (NYSE:GPC). Deprince Race And Zollo reported 0.57% of its portfolio in Genuine Parts Company (NYSE:GPC). Louisiana State Employees Retirement System owns 0.04% invested in Genuine Parts Company (NYSE:GPC) for 9,000 shares. Fifth Third Bancorp has invested 0.08% in Genuine Parts Company (NYSE:GPC). Veritable Ltd Partnership reported 0.01% of its portfolio in Genuine Parts Company (NYSE:GPC). Thomaspartners reported 1.44% in Genuine Parts Company (NYSE:GPC). Glob X Management Ltd Liability Company has invested 0% in Genuine Parts Company (NYSE:GPC). Schmidt P J Inv Mgmt Incorporated holds 12,655 shares or 0.33% of its portfolio. Hendershot holds 2.46% of its portfolio in Genuine Parts Company (NYSE:GPC) for 67,554 shares. The Tennessee-based Barnett & has invested 0.03% in Genuine Parts Company (NYSE:GPC). Girard Ptnrs reported 34,175 shares. Georgia-based Invesco Ltd has invested 0.01% in Genuine Parts Company (NYSE:GPC).

Analysts expect Genuine Parts Company (NYSE:GPC) to report $1.56 EPS on July, 19.They anticipate $0.27 EPS change or 20.93 % from last quarter’s $1.29 EPS. GPC’s profit would be $228.92M giving it 15.08 P/E if the $1.56 EPS is correct. After having $1.27 EPS previously, Genuine Parts Company’s analysts see 22.83 % EPS growth. The stock decreased 0.31% or $0.29 during the last trading session, reaching $94.07. About 555,113 shares traded. Genuine Parts Company (NYSE:GPC) has risen 0.13% since June 15, 2017 and is uptrending. It has underperformed by 12.44% the S&P500.

Genuine Parts Company (NYSE:GPC) Ratings Coverage

Among 4 analysts covering Genuine Parts Company (NYSE:GPC), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Genuine Parts Company had 6 analyst reports since February 12, 2018 according to SRatingsIntel. The firm has “Neutral” rating given on Wednesday, February 21 by JP Morgan. RBC Capital Markets maintained it with “Hold” rating and $9400 target in Thursday, April 19 report. The rating was upgraded by Bank of America to “Neutral” on Friday, April 13. The firm has “Hold” rating given on Monday, February 12 by RBC Capital Markets. As per Wednesday, February 21, the company rating was maintained by Bank of America. Guggenheim initiated the shares of GPC in report on Tuesday, April 17 with “Hold” rating.

Genuine Parts Company distributes automotive replacement parts, industrial replacement parts, office products, and electrical/electronic materials in the United States, Canada, Australia, New Zealand, Mexico, and Puerto Rico. The company has market cap of $13.80 billion. It distributes automotive replacement parts for imported vehicles, trucks, SUVs, buses, motorcycles, recreational vehicles, farm vehicles, small engines, farm equipment, and heavy duty equipment; and accessory items used in the automotive aftermarket, including repair shops, service stations, fleet operators, automobile and truck dealers, leasing companies, bus and truck lines, mass merchandisers, farms, industrial concerns, and individuals through 57 NAPA automotive parts distribution centers and 1,100 NAPA AUTO PARTS stores. It has a 21.88 P/E ratio. The firm also distributes industrial replacement parts and related supplies, such as bearings, mechanical and electrical power transmission products, industrial automation products, hoses, hydraulic and pneumatic components, industrial supplies, and material handling products primarily for food and beverage, forest products, primary metal, pulp and paper, mining, automotive, gas and oil, petrochemical, and pharmaceutical industries through 483 branches, 13 distribution centers, and 43 service centers.

More notable recent Genuine Parts Company (NYSE:GPC) news were published by: Seekingalpha.com which released: “Genuine Parts comments on Staples-Essendant deal” on May 17, 2018, also Streetinsider.com with their article: “Genuine Parts (GPC) to Acquire Hennig Fahrzeugteile Group” published on June 07, 2018, Bizjournals.com published: “Atlanta loses another great leader – Wilton Looney at 99” on June 04, 2018. More interesting news about Genuine Parts Company (NYSE:GPC) were released by: Livetradingnews.com and their article: “Genuine Parts Company (NYSE:GPC) Bullish Trend” published on June 01, 2018 as well as Seekingalpha.com‘s news article titled: “Essendant -10.6% as FTC issues second request on GPC deal” with publication date: June 06, 2018.

Genuine Parts Company (NYSE:GPC) Institutional Positions Chart

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