GPC stock: buy or sell?

GPC stock price: $67.33 1.89% At close on March 31st, 2020

Updated on:
March 31st, 2020

2

Genuine Parts shares jumped 1.89% to $67.33 today. On Friday GPC plummed a dreadful -6.48%. On Thursday GPC skyrocketed an astounding 5.62%.

Genuine Parts Company distributes automotive replacement and industrial parts, electrical and electronic materials, and business products in the United States, Canada, Mexico, Australasia, France, the United Kingdom, Germany, and Poland.

Should I buy GPC stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with Genuine Parts stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Genuine Parts stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't find any rating for GPC stock for the last month.

GPC stock analysis

Daily outlook

Genuine Parts shares jumped 1.89% to $67.33 today.

Shares of Genuine Parts ended today at $67.33 and jumped a beatiful 1.89%. Since price and SMA200d lines crossed down on February 21st, GPC fell $-31.40 per share (-31.80%).

GPC stock chart (daily)

Weekly outlook

After boosting an extraordinary 14.13% in a week last week, Genuine Parts closed this week at $67.33 and soared a cool 4.45%. By mid March GPC collapsed a frightening -43.22% in just one week.

Since late January, when GPC stock price broke down the 40-weeks moving avarage line, it slid $-34.56 per share (-33.92%). Stocks under the 200d moving average line are usually not recommended for average traders.

GPC stock chart (weekly)

GPC stock price history

GPC IPO was on March 17th, 1980 at $0.00 per share1. Since then, GPC stock surged a inf%, with a yearly average of inf%. If you had invested right after GPC's IPO a $1,000 in GPC stock in 1980, it would worth $inf today.

1: Adjusted price after possible price splits or reverse-splits.

GPC stock historical price chart

GPC stock reached all-time highs with a price of $111.55.

GPC stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not detected any price forecast for Genuine Parts stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, when Genuine Parts published its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
GPC earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a1.29n/a
2017-Q32017-10-191.281.16-9.4%
2017-Q42018-02-201.111.120.9%
2018-Q12018-04-191.321.27-3.8%
2018-Q22018-07-191.561.591.9%
2018-Q32018-10-181.491.48-0.7%
2018-Q42019-02-191.321.352.3%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, Genuine Parts annual revenues boosted an outstanding 14.88% to $18,735.10 M dollars from $16,308.80 marked in 2017. When comparing 2018 vs 2017, in contrast, profit margin (that is, the net income divided by revenues) stayed constant a 0.54% to 4.33%.

GPC annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$14,080 M-$685 M4.9%-
2014$15,342 M8.96%$711 M4.6%3.84%
2015$15,280 M-0.40%$706 M4.6%-0.79%
2016$15,340 M0.39%$687 M4.5%-2.61%
2017$16,309 M6.32%$617 M3.8%-10.26%
2018$18,735 M14.88%$810 M4.3%31.41%

Quarterly financial results

Genuine Parts posted $4,603.79 million in sales for 2018-Q4, a -2.52% decline compared to previous quarter. Reported quarter earnings marked $186.70 million with a profit margin of 4.06%. Profit margin remained constant a -0.61% compared to previous quarter when profit margin was 4.66%. When comparing revenues to same quarter last year, Genuine Parts sales marked a phenomenal gain and escalated a 9.43%. Looking back to recent quarterly results, Genuine Parts posted 2 negative quarters in a row.
GPC quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$4,100 M-$190 M4.6%-
2017-Q3$4,100 M0.00%$158 M3.9%-16.60%
2017-Q4$4,207 M2.61%$108 M2.6%-31.72%
2018-Q1$4,586 M9.01%$177 M3.9%63.22%
2018-Q2$4,822 M5.14%$227 M4.7%28.54%
2018-Q3$4,723 M-2.06%$220 M4.7%-2.97%
2018-Q4$4,604 M-2.52%$187 M4.1%-15.22%
2019-Q1$4,737 M2.89%$160 M3.4%-14.17%

Genuine Parts ownership

When you are planning to buy a company, it's always worth to review its ownership structure.

Genuine Parts shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 2.84% of all shares.

Bearish positions for GPC stock account 0.00%, no big difference from last month.

For a better understanding, the next table shows ownership data compared to other related stocks:

GPC
Market cap$9.8 B
Total shares145.4 M
Float shares142.5 M
  - Institutional holdings (%)80.8%
  - Insider holdings (%)2.8%
Shares in short selling0.0%

GPC summary

Tuesday, March 31st, 2020
Open$65.46
Close$67.33
Day range$64.59 - $68.04
Previous close$66.08
Session gain1.89%
Average true range$7.48
50d mov avg$85.50
100d mov avg$94.19
200d mov avg$94.93
Daily patternlt03a
Weekly pattern lb06a

Genuine Parts performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We compared Genuine Parts against in the following table:
Stock3m6m12m
GPCGenuine Parts-34.88%-28.67%-39.61%

Genuine Parts competitors

Unfortunately, we could not find any public company that could be defined as Genuine Parts competitor. This doesn't mean Genuine Parts does not have any competitor in the market, it's just we could not detected it.