Genuine Parts (GPC) Expected to Announce Earnings on Tuesday

Genuine Parts (NYSE:GPC) is projected to post its 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.Individual interested in listening to the company’s earnings conference call can do so using this link.

Genuine Parts (NYSE:GPC) last released its earnings results on Tuesday, February 18th. The specialty retailer reported $1.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.54 by $0.07. The firm had revenue of $5.77 billion during the quarter, compared to analyst estimates of $5.71 billion. Genuine Parts had a net margin of 3.85% and a return on equity of 25.28%. During the same quarter last year, the business earned $2.26 EPS. 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 Trading Up 1.6 %

GPC opened at $114.02 on Monday. The stock’s 50 day moving average price is $119.81 and its 200-day moving average price is $121.22. Genuine Parts has a one year low of $104.01 and a one year high of $163.86. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.57 and a current ratio of 1.16. The stock has a market cap of $15.82 billion, a price-to-earnings ratio of 17.62 and a beta of 0.82.

Genuine Parts Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th were paid a dividend of $1.03 per share. The ex-dividend date of this dividend was Friday, March 7th. This represents a $4.12 annualized dividend and a dividend yield of 3.61%. This is a positive change from Genuine Parts’s previous quarterly dividend of $1.00. Genuine Parts’s dividend payout ratio (DPR) is currently 63.68%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on GPC shares. StockNews.com upgraded Genuine Parts from a “hold” rating to a “buy” rating in a research note on Friday. Evercore ISI raised shares of Genuine Parts from an “in-line” rating to an “outperform” rating and boosted their target price for the stock from $128.00 to $135.00 in a research report on Friday, April 4th. Loop Capital initiated coverage on shares of Genuine Parts in a research report on Thursday, January 16th. They set a “buy” rating and a $155.00 price target for the company. The Goldman Sachs Group reiterated a “sell” rating and issued a $114.00 price objective (down previously from $133.00) on shares of Genuine Parts in a research note on Tuesday, April 1st. Finally, Northcoast Research downgraded Genuine Parts from a “buy” rating to a “neutral” rating in a research report on Friday, January 17th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Genuine Parts presently has a consensus rating of “Moderate Buy” and a consensus target price of $131.00.

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.