Genuine Parts Company (NYSE:GPC) Relative Strength Index (RSI) is 48.78, with weekly volatility at 1.55% and ATR at 2.28. The GPC stock’s 52-week price range has touched low of $82.06 and a $135.93 high. Intraday shares traded counted 0.7 million, which was 12.42% higher than its 30-day average trading volume of 799.67K. Its shares traded lower over the last trading session, losing -0.80% on 06/09/21. The shares fell to a low of $128.06 before closing at $128.39. GPC’s previous close was $129.42 while the outstanding shares total 144.41M. The firm has a beta of 1.13, a 12-month trailing P/E ratio of 72.37, and a growth ratio of 15.73.
Investors have identified the Specialty Retail company Genuine Parts Company as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $18.44 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Genuine Parts Company (GPC) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For GPC, the company has in raw cash 1.12 billion on their books with 160.37 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 7.68 billion total, with 6.34 billion as their total liabilities.
GPC were able to record 252.55 million as free cash flow during the 07/22/2021 quarter of the year, this saw their quarterly net cash flow reduce by 127.82 million. In cash movements, the company had a total of 300.94 million as operating cash flow.
Potential earnings growth for Genuine Parts Company (GPC)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 07/22/2021 quarter of the year, Genuine Parts Company recorded a total of 4.46 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 8.34% coming in sequential stages and their sales for the 07/22/2021 quarter increasing by 4.77%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 2.92 billion trying to sell their products during the last quarter, with the result yielding a gross income of 1.54 billion. This allows shareholders to hold on to 144.41M with the recently reported earning now reading 1.50 cents per share. This is a figure that compared to analystâ€™s prediction for their 07/22/2021 (1.50 cents a share).
Having a look at the companyâ€™s valuation, the company is expected to record 6.44 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on GPC sounds very interesting.
Is the stock of GPC attractive?
In related news, President-US Automotive Group, Herron Kevin sold 2,500 shares of the companyâ€™s stock in a transaction that recorded on May 21. The sale was performed at an average price of 132.31, for a total value of 330,775. As the sale deal closes, the Director, HOLDER JOHN R now bought 1,000 shares of the companyâ€™s stock, valued at 97,000. Also, Director, HOLDER JOHN R bought 2,200 shares of the companyâ€™s stock in a deal that was recorded on Oct 28. The shares were price at an average price of 91.72 per share, with a total market value of 201,783. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.10%.
2 out of 14 analysts covering the stock have rated it a Buy, while 10 have maintained a Hold recommendation on Genuine Parts Company. 0 analysts has assigned a Sell rating on the GPC stock. The 12-month mean consensus price target for the companyâ€™s shares has been set at $121.71.