Genuine Parts (GPC) Projected to Post Earnings on Tuesday

Genuine Parts (NYSE:GPC - Get Free Report) will likely be releasing its Q4 24 earnings data before the market opens on Tuesday, February 18th. Analysts expect Genuine Parts to post earnings of $1.54 per share and revenue of $5.71 billion for the quarter. Genuine Parts has set its FY 2025 guidance at 7.750-8.250 EPS.Parties interested in participating in the company's conference call can do so using this link.

Genuine Parts (NYSE:GPC - Get Free Report) last posted its earnings results on Tuesday, February 18th. The specialty retailer reported $1.61 earnings per share for the quarter, topping analysts' consensus estimates of $1.54 by $0.07. The firm had revenue of $5.77 billion for the quarter, compared to the consensus estimate of $5.71 billion. Genuine Parts had a return on equity of 27.23% and a net margin of 4.67%. During the same quarter in the prior year, the business earned $2.26 EPS. On average, analysts expect Genuine Parts to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Genuine Parts Stock Up 0.3 %

Shares of GPC traded up $0.38 on Wednesday, reaching $122.03. The stock had a trading volume of 1,315,241 shares, compared to its average volume of 1,594,503. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.57 and a current ratio of 1.17. Genuine Parts has a 12-month low of $112.74 and a 12-month high of $164.45. The firm has a market capitalization of $16.97 billion, a price-to-earnings ratio of 15.71 and a beta of 0.94. The company has a 50-day simple moving average of $118.27 and a 200-day simple moving average of $127.34.

Genuine Parts Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Friday, March 7th will be given a dividend of $1.03 per share. The ex-dividend date of this dividend is Friday, March 7th. This represents a $4.12 annualized dividend and a yield of 3.38%. This is a positive change from Genuine Parts's previous quarterly dividend of $1.00. Genuine Parts's dividend payout ratio (DPR) is currently 51.48%.

Insider Activity

In other news, Director Wendy B. Needham sold 1,608 shares of the firm's stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $120.78, for a total transaction of $194,214.24. Following the sale, the director now owns 11,357 shares of the company's stock, valued at $1,371,698.46. This trade represents a 12.40 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.37% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on GPC. Loop Capital began coverage on shares of Genuine Parts in a research note on Thursday, January 16th. They issued a "buy" rating and a $155.00 price target for the company. Truist Financial raised their target price on shares of Genuine Parts from $129.00 to $133.00 and gave the company a "buy" rating in a research note on Wednesday. Northcoast Research lowered shares of Genuine Parts from a "buy" rating to a "neutral" rating in a report on Friday, January 17th. Evercore ISI cut their price target on Genuine Parts from $128.00 to $125.00 and set an "in-line" rating on the stock in a research note on Wednesday. Finally, JPMorgan Chase & Co. lowered their price objective on Genuine Parts from $162.00 to $135.00 and set an "overweight" rating for the company in a research note on Tuesday, October 22nd. Eight equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $137.63.

Genuine Parts Company Profile

Genuine Parts Company distributes automotive replacement parts, and industrial parts and materials. It operates in two segments: Automotive Parts Group and Industrial Parts Group segments. The company distributes automotive replacement parts for hybrid and electric vehicles, trucks, SUVs, buses, motorcycles, recreational vehicles, farm vehicles, small engines, farm equipment, marine equipment, and heavy duty equipment; and equipment and parts used by repair shops, service stations, fleet operators, automobile and truck dealers, leasing companies, bus and truck lines, mass merchandisers, farms, and individuals.