Genuine Parts (GPC) Expected to Announce Earnings on Tuesday

Genuine Parts (NYSE:GPC - Get Free Report) will likely be posting its Q1 2025 quarterly earnings results before the market opens on Tuesday, April 22nd. Analysts expect Genuine Parts to post earnings of $1.66 per share and revenue of $5.83 billion for the quarter. Genuine Parts has set its FY 2025 guidance at 7.750-8.250 EPS.

Genuine Parts (NYSE:GPC - Get Free Report) last released its quarterly earnings results on Tuesday, April 22nd. The specialty retailer reported $1.75 earnings per share for the quarter, beating the consensus estimate of $1.66 by $0.09. Genuine Parts had a net margin of 3.85% and a return on equity of 25.28%. The company had revenue of $5.87 billion during the quarter, compared to analysts' expectations of $5.83 billion. On average, analysts expect Genuine Parts to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Genuine Parts Stock Up 2.2 %

Shares of NYSE:GPC traded up $2.51 during midday trading on Wednesday, reaching $117.46. 798,370 shares of the company were exchanged, compared to its average volume of 1,242,568. The firm has a market cap of $16.30 billion, a PE ratio of 18.15 and a beta of 0.82. The company has a quick ratio of 0.57, a current ratio of 1.16 and a debt-to-equity ratio of 0.86. Genuine Parts has a fifty-two week low of $104.01 and a fifty-two week high of $163.86. The stock has a fifty day simple moving average of $119.41 and a two-hundred day simple moving average of $121.00.

Genuine Parts Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Friday, March 7th were paid a $1.03 dividend. This is an increase from Genuine Parts's previous quarterly dividend of $1.00. The ex-dividend date was Friday, March 7th. This represents a $4.12 annualized dividend and a dividend yield of 3.51%. Genuine Parts's dividend payout ratio (DPR) is currently 63.68%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Evercore ISI dropped their target price on Genuine Parts from $135.00 to $130.00 and set an "outperform" rating on the stock in a research report on Wednesday. Truist Financial boosted their price objective on shares of Genuine Parts from $129.00 to $133.00 and gave the stock a "buy" rating in a research report on Wednesday, February 19th. The Goldman Sachs Group reaffirmed a "sell" rating and issued a $114.00 target price (down previously from $133.00) on shares of Genuine Parts in a research report on Tuesday, April 1st. Northcoast Research cut shares of Genuine Parts from a "buy" rating to a "neutral" rating in a research report on Friday, January 17th. Finally, StockNews.com upgraded Genuine Parts from a "hold" rating to a "buy" rating in a report on Friday, April 18th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Genuine Parts presently has an average rating of "Moderate Buy" and a consensus target price of $130.29.

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.