Genuine Parts Company (GPC) EPS Estimated At $1.49

September 16, 2018 - By Richard Slagle

Genuine Parts Company (NYSE:GPC) LogoInvestors sentiment decreased to 0.89 in Q2 2018. Its down 0.06, from 0.95 in 2018Q1. It fall, as 34 investors sold Genuine Parts Company shares while 203 reduced holdings. 56 funds opened positions while 156 raised stakes. 107.87 million shares or 2.85% more from 104.87 million shares in 2018Q1 were reported.
Tdam Usa reported 0.06% stake. Viking Fund Management Ltd Llc holds 26,000 shares. Iberiabank reported 51,551 shares stake. Utd Capital Advisers Lc owns 6,688 shares. Quantitative Invest Mgmt Limited Co owns 38,900 shares. Ohio-based Gateway Investment Advisers Ltd Liability has invested 0.15% in Genuine Parts Company (NYSE:GPC). Great West Life Assurance Company Can reported 0.03% stake. Canandaigua Bancorporation And Trust stated it has 0.06% in Genuine Parts Company (NYSE:GPC). 10,773 were accumulated by Creative Planning. Liberty Mutual Gp Asset Mngmt Incorporated owns 5,865 shares or 0.01% of their US portfolio. Moreover, D E Shaw has 0% invested in Genuine Parts Company (NYSE:GPC). Savings Bank Of Nova Scotia, Ontario – Canada-based fund reported 16,549 shares. Homrich & Berg reported 10,072 shares stake. Livforsakringsbolaget Skandia Omsesidigt accumulated 7,063 shares. Sector Pension Board has invested 0% of its portfolio in Genuine Parts Company (NYSE:GPC).

Since July 26, 2018, it had 0 buys, and 1 sale for $50,145 activity.

Analysts expect Genuine Parts Company (NYSE:GPC) to report $1.49 EPS on October, 18.They anticipate $0.33 EPS change or 28.45 % from last quarter’s $1.16 EPS. GPC’s profit would be $218.66M giving it 17.10 P/E if the $1.49 EPS is correct. After having $1.59 EPS previously, Genuine Parts Company’s analysts see -6.29 % EPS growth. The stock increased 0.27% or $0.27 during the last trading session, reaching $101.9. About 497,327 shares traded. Genuine Parts Company (NYSE:GPC) has risen 17.65% since September 16, 2017 and is uptrending. It has outperformed by 2.03% the S&P500.

Genuine Parts Company (NYSE:GPC) Ratings Coverage

Among 4 analysts covering Genuine Parts (NYSE:GPC), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Genuine Parts had 4 analyst reports since April 13, 2018 according to SRatingsIntel. Wedbush maintained the shares of GPC in report on Friday, July 20 with “Neutral” rating. The rating was upgraded by Bank of America on Friday, April 13 to “Neutral”. The stock of Genuine Parts Company (NYSE:GPC) has “Hold” rating given on Tuesday, April 17 by Guggenheim. The stock has “Hold” rating by RBC Capital Markets on Thursday, April 19.

Genuine Parts Company distributes automotive replacement parts, industrial replacement parts, office products, and electrical/electronic materials in the United States, Canada, Australia, New Zealand, Mexico, and Puerto Rico. The company has market cap of $14.95 billion. It distributes automotive replacement parts for imported vehicles, trucks, SUVs, buses, motorcycles, recreational vehicles, farm vehicles, small engines, farm equipment, and heavy duty equipment; and accessory items used in the automotive aftermarket, including repair shops, service stations, fleet operators, automobile and truck dealers, leasing companies, bus and truck lines, mass merchandisers, farms, industrial concerns, and individuals through 57 NAPA automotive parts distribution centers and 1,100 NAPA AUTO PARTS stores. It has a 22.36 P/E ratio. The firm also distributes industrial replacement parts and related supplies, such as bearings, mechanical and electrical power transmission products, industrial automation products, hoses, hydraulic and pneumatic components, industrial supplies, and material handling products primarily for food and beverage, forest products, primary metal, pulp and paper, mining, automotive, gas and oil, petrochemical, and pharmaceutical industries through 483 branches, 13 distribution centers, and 43 service centers.

More notable recent Genuine Parts Company (NYSE:GPC) news were published by: Bizjournals.com which released: “Staples buying big Deerfield wholesale office supply distributor” on September 14, 2018, also Globenewswire.com with their article: “UPDATE — Pzena Investment Management Opposes Staples’s Acquisition of Essendant” published on September 13, 2018, Seekingalpha.com published: “Genuine Parts updates on Essendant deal” on September 10, 2018. More interesting news about Genuine Parts Company (NYSE:GPC) were released by: Themiddlemarket.com and their article: “M&A wrap: Mars, Iams, Arbor, Staples, Essendant, Sycamore, Silver Lake, AMC” published on September 14, 2018 as well as Prnewswire.com‘s news article titled: “Essendant Acknowledges Receipt Of Letter From Staples” with publication date: September 05, 2018.

Genuine Parts Company (NYSE:GPC) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.