Is Genuine Parts Stock a Good Investment?
Genuine Parts Investment Advice | GPC |
- Examine Genuine Parts' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Genuine Parts' leadership team and their track record. Good management can help Genuine Parts navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Distributors space and any emerging trends that could impact Genuine Parts' business and its evolving consumer preferences.
- Compare Genuine Parts' performance and market position to its competitors. Analyze how Genuine Parts is positioned in terms of product offerings, innovation, and market share.
- Check if Genuine Parts pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Genuine Parts' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Genuine Parts Co stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Genuine Parts Co is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Genuine Parts Stock
Researching Genuine Parts' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 82.0% of the company shares are owned by institutional investors. The book value of Genuine Parts was currently reported as 33.77. The company recorded earning per share (EPS) of 7.76. Genuine Parts last dividend was issued on the 6th of September 2024. The entity had 3:2 split on the 15th of April 1997.
To determine if Genuine Parts is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Genuine Parts' research are outlined below:
| Genuine Parts generated a negative expected return over the last 90 days | |
| Genuine Parts has high historical volatility and very poor performance | |
| Over 82.0% of the company shares are owned by institutional investors | |
| On 1st of October 2024 Genuine Parts paid $ 1.0 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: Venturi Wealth Management LLC Raises Stock Position in Genuine Parts |
Genuine Parts Quarterly Cash And Short Term Investments |
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Genuine Parts uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Genuine Parts Co. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Genuine Parts' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 18th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Genuine Parts' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Genuine Parts' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2009-04-16 | 2009-03-31 | 0.49 | 0.56 | 0.07 | 14 | ||
2013-02-19 | 2012-12-31 | 0.93 | 1.03 | 0.1 | 10 | ||
2010-02-16 | 2009-12-31 | 0.5 | 0.62 | 0.12 | 24 | ||
2020-05-06 | 2020-03-31 | 1.07 | 0.92 | -0.15 | 14 | ||
2021-02-17 | 2020-12-31 | 1.35 | 1.52 | 0.17 | 12 | ||
2022-04-21 | 2022-03-31 | 1.67 | 1.86 | 0.19 | 11 | ||
2022-02-17 | 2021-12-31 | 1.6 | 1.79 | 0.19 | 11 | ||
2021-07-22 | 2021-06-30 | 1.54 | 1.74 | 0.2 | 12 |
Genuine Parts Target Price Consensus
Genuine target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Genuine Parts' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 13 | Buy |
Most Genuine analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Genuine stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Genuine Parts, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationGenuine Parts Target Price Projection
Genuine Parts' current and average target prices are 122.69 and 156.55, respectively. The current price of Genuine Parts is the price at which Genuine Parts Co is currently trading. On the other hand, Genuine Parts' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Genuine Parts Market Quote on 22nd of November 2024
Target Price
Analyst Consensus On Genuine Parts Target Price
Genuine Parts Analyst Ratings
Genuine Parts' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Genuine Parts stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Genuine Parts' financials, market performance, and future outlook by experienced professionals. Genuine Parts' historical ratings below, therefore, can serve as a valuable tool for investors.Know Genuine Parts' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Genuine Parts is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Genuine Parts Co backward and forwards among themselves. Genuine Parts' institutional investor refers to the entity that pools money to purchase Genuine Parts' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Bank Of America Corp | 2024-06-30 | 1.8 M | Norges Bank | 2024-06-30 | 1.7 M | Jpmorgan Chase & Co | 2024-06-30 | 1.7 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.5 M | Proshare Advisors Llc | 2024-09-30 | 1.3 M | Northern Trust Corp | 2024-09-30 | 1.3 M | Cullen Capital Management, Llc | 2024-09-30 | 1.3 M | Bb&t Corp. | 2024-09-30 | 1.3 M | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 1.3 M | Vanguard Group Inc | 2024-09-30 | 17.1 M | Blackrock Inc | 2024-06-30 | 10.8 M |
Genuine Parts' market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 16.79 B.Market Cap |
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Genuine Parts' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.10 | 0.11 | |
| Return On Capital Employed | 0.17 | 0.25 | |
| Return On Assets | 0.07 | 0.11 | |
| Return On Equity | 0.30 | 0.31 |
Determining Genuine Parts' profitability involves analyzing its financial statements and using various financial metrics to determine if Genuine Parts is a good buy. For example, gross profit margin measures Genuine Parts' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Genuine Parts' profitability and make more informed investment decisions.
Genuine Parts' Earnings Breakdown by Geography
Please note, the presentation of Genuine Parts' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Genuine Parts' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Genuine Parts' management manipulating its earnings.
Evaluate Genuine Parts' management efficiency
Genuine Parts has Return on Asset of 0.056 % which means that on every $100 spent on assets, it made $0.056 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2442 %, implying that it generated $0.2442 on every 100 dollars invested. Genuine Parts' management efficiency ratios could be used to measure how well Genuine Parts manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.11. The current year's Return On Capital Employed is expected to grow to 0.25. At present, Genuine Parts' Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 997 M, whereas Intangible Assets are forecasted to decline to about 907.1 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 31.47 | 33.04 | |
| Tangible Book Value Per Share | (0.79) | (0.75) | |
| Enterprise Value Over EBITDA | 10.77 | 8.14 | |
| Price Book Value Ratio | 4.42 | 2.74 | |
| Enterprise Value Multiple | 10.77 | 8.14 | |
| Price Fair Value | 4.42 | 2.74 | |
| Enterprise Value | 15.3 B | 16.1 B |
Effective leadership at Genuine Parts drives its competitive edge in the market. Our analysis focuses on how this translates to financial performance and stock value.
Dividend Yield 0.0331 | Forward Dividend Yield 0.0331 | Forward Dividend Rate 4 | Beta 0.933 |
Basic technical analysis of Genuine Stock
As of the 22nd of November, Genuine Parts retains the Risk Adjusted Performance of (0.03), standard deviation of 2.99, and Market Risk Adjusted Performance of (0.15). Genuine Parts technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.Genuine Parts' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Genuine Parts insiders, such as employees or executives, is commonly permitted as long as it does not rely on Genuine Parts' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Genuine Parts insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Genuine Parts' Outstanding Corporate Bonds
Genuine Parts issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Genuine Parts uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Genuine bonds can be classified according to their maturity, which is the date when Genuine Parts Co has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Genworth Financial 65 Corp BondUS37247DAB29 | View | |
| Genworth Financial 7629 Corp BondUS37247DAG16 | View | |
| US372460AA38 Corp BondUS372460AA38 | View | |
| GPC 175 01 FEB 25 Corp BondUS372460AB11 | View | |
| GPC 275 01 FEB 32 Corp BondUS372460AC93 | View |
Understand Genuine Parts' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Genuine Parts' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.15) | |||
| Mean Deviation | 1.36 | |||
| Coefficient Of Variation | (1,887) | |||
| Standard Deviation | 2.99 | |||
| Variance | 8.93 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (0.16) | |||
| Maximum Drawdown | 23.93 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 2.85 | |||
| Skewness | (5.16) | |||
| Kurtosis | 36.98 |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.15) | |||
| Mean Deviation | 1.36 | |||
| Coefficient Of Variation | (1,887) | |||
| Standard Deviation | 2.99 | |||
| Variance | 8.93 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (0.16) | |||
| Maximum Drawdown | 23.93 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 2.85 | |||
| Skewness | (5.16) | |||
| Kurtosis | 36.98 |
Consider Genuine Parts' intraday indicators
Genuine Parts intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Genuine Parts stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 19664.76 | |||
| Daily Balance Of Power | 0.7782 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 121.53 | |||
| Day Typical Price | 121.92 | |||
| Price Action Indicator | 2.12 | |||
| Period Momentum Indicator | 1.93 | |||
| Relative Strength Index | 45.95 |
Genuine Parts Corporate Filings
8K | 19th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 4th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F3 | 21st of August 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
| 9th of August 2024 Other Reports | ViewVerify |
Genuine Stock media impact
Far too much social signal, news, headlines, and media speculation about Genuine Parts that are available to investors today. That information is available publicly through Genuine media outlets and privately through word of mouth or via Genuine internal channels. However, regardless of the origin, that massive amount of Genuine data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Genuine Parts news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Genuine Parts relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Genuine Parts' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Genuine Parts alpha.
Genuine Parts Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Genuine Parts can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Genuine Parts Historical Investor Sentiment
Investor biases related to Genuine Parts' public news can be used to forecast risks associated with an investment in Genuine. The trend in average sentiment can be used to explain how an investor holding Genuine can time the market purely based on public headlines and social activities around Genuine Parts Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Genuine Parts' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Genuine Parts and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Genuine Parts news discussions. The higher the estimate score, the more favorable the investor's outlook on Genuine Parts.
Genuine Parts Maximum Pain Price across 2024-12-20 Option Contracts
Genuine Parts' options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Genuine Parts close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Genuine Parts' options.
Genuine Parts Corporate Directors
| Robert Loudermilk | Independent Director | Profile | |
| John Johns | Lead Independent Director | Profile | |
| Donna Hyland | Independent Director | Profile | |
| Elizabeth Camp | Independent Director | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genuine Parts Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genuine Parts. If investors know Genuine will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genuine Parts listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.35) | Dividend Share 3.95 | Earnings Share 7.76 | Revenue Per Share 167.12 | Quarterly Revenue Growth 0.025 |
The market value of Genuine Parts is measured differently than its book value, which is the value of Genuine that is recorded on the company's balance sheet. Investors also form their own opinion of Genuine Parts' value that differs from its market value or its book value, called intrinsic value, which is Genuine Parts' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genuine Parts' market value can be influenced by many factors that don't directly affect Genuine Parts' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Genuine Parts' value and its price, as these two are different measures arrived at by various means. Investors typically determine if Genuine Parts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genuine Parts' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.