News articles about Genuine Parts (NYSE:GPC) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Genuine Parts earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned headlines about the specialty retailer an impact score of 46.1628755227271 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Genuine Parts (NYSE:GPC) opened at $95.01 on Tuesday. The company has a market capitalization of $13,929.75, a price-to-earnings ratio of 21.26, a P/E/G ratio of 3.63 and a beta of 1.12. The company has a quick ratio of 0.62, a current ratio of 1.32 and a debt-to-equity ratio of 0.16. Genuine Parts has a twelve month low of $79.86 and a twelve month high of $100.90.
Genuine Parts (NYSE:GPC) last posted its earnings results on Thursday, October 19th. The specialty retailer reported $1.16 EPS for the quarter, missing the consensus estimate of $1.28 by ($0.12). The business had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $4.10 billion. Genuine Parts had a net margin of 4.16% and a return on equity of 20.49%. The business’s quarterly revenue was down 72.2% compared to the same quarter last year. During the same period last year, the company earned $1.24 EPS. equities analysts expect that Genuine Parts will post 4.58 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Friday, December 8th will be issued a dividend of $0.675 per share. This represents a $2.70 annualized dividend and a dividend yield of 2.84%. The ex-dividend date of this dividend is Thursday, December 7th. Genuine Parts’s payout ratio is 60.40%.
A number of research analysts have commented on GPC shares. Gabelli restated a “buy” rating on shares of Genuine Parts in a research note on Friday, October 20th. Jefferies Group reiterated a “hold” rating and issued a $95.00 price objective on shares of Genuine Parts in a research note on Sunday, September 10th. Zacks Investment Research upgraded Genuine Parts from a “sell” rating to a “hold” rating in a research note on Tuesday, September 26th. Royal Bank of Canada reduced their price objective on Genuine Parts from $98.00 to $95.00 and set a “sector perform” rating on the stock in a research note on Friday, October 20th. Finally, Moffett Nathanson initiated coverage on Genuine Parts in a research note on Monday, December 4th. They issued a “sell” rating on the stock. Four analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. Genuine Parts presently has a consensus rating of “Hold” and an average price target of $95.00.
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Genuine Parts Company Profile
Genuine Parts Company is a service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials. The Company’s segments include Automotive, Industrial, Office Products Group, Electrical/Electronic Materials and Other.
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