EPS for Genuine Parts Company (GPC) Expected At $1.56

June 15, 2018 - By Peter Erickson

Genuine Parts Company (NYSE:GPC) LogoInvestors sentiment increased to 0.95 in 2018 Q1. Its up 0.01, from 0.94 in 2017Q4. It is positive, as 33 investors sold Genuine Parts Company shares while 206 reduced holdings. 62 funds opened positions while 164 raised stakes. 104.87 million shares or 1.34% less from 106.29 million shares in 2017Q4 were reported.
Korea Investment Corp invested in 0.01% or 26,442 shares. Principal reported 221,828 shares stake. 134,057 were reported by Bb&T. Amica Retiree Med Trust reported 0.08% in Genuine Parts Company (NYSE:GPC). Amundi Pioneer Asset Mngmt has invested 0.04% in Genuine Parts Company (NYSE:GPC). Boston And Management invested in 0.11% or 2,390 shares. Brandywine Inv Mgmt Limited Liability Company stated it has 0.06% in Genuine Parts Company (NYSE:GPC). The Illinois-based Blair William & Il has invested 0.01% in Genuine Parts Company (NYSE:GPC). Girard Prtnrs holds 34,175 shares or 0.72% of its portfolio. Bb&T Secs Ltd Liability Corporation has invested 0.11% of its portfolio in Genuine Parts Company (NYSE:GPC). Cubist Systematic Strategies Ltd Liability invested 0.04% in Genuine Parts Company (NYSE:GPC). Sigma Planning Corporation holds 0.02% of its portfolio in Genuine Parts Company (NYSE:GPC) for 2,992 shares. Saturna invested 1.1% in Genuine Parts Company (NYSE:GPC). 104,270 were accumulated by Bluecrest. Tarbox Family Office has invested 0% in Genuine Parts Company (NYSE:GPC).

Analysts expect Genuine Parts Company (NYSE:GPC) to report $1.56 EPS on July, 19.They anticipate $0.27 EPS change or 20.93 % from last quarter’s $1.29 EPS. GPC’s profit would be $228.92M giving it 15.08 P/E if the $1.56 EPS is correct. After having $1.27 EPS previously, Genuine Parts Company’s analysts see 22.83 % EPS growth. The stock decreased 0.31% or $0.29 during the last trading session, reaching $94.07. About 555,113 shares traded. Genuine Parts Company (NYSE:GPC) has risen 0.13% since June 15, 2017 and is uptrending. It has underperformed by 12.44% the S&P500.

Genuine Parts Company (NYSE:GPC) Ratings Coverage

Among 4 analysts covering Genuine Parts Company (NYSE:GPC), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Genuine Parts Company had 6 analyst reports since February 12, 2018 according to SRatingsIntel. The stock has “Neutral” rating by Bank of America on Friday, April 13. RBC Capital Markets maintained Genuine Parts Company (NYSE:GPC) on Thursday, April 19 with “Hold” rating. The firm has “Underperform” rating by Bank of America given on Wednesday, February 21. The firm earned “Neutral” rating on Wednesday, February 21 by JP Morgan. The stock has “Hold” rating by Guggenheim on Tuesday, April 17. On Monday, February 12 the stock rating was maintained by RBC Capital Markets with “Hold”.

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 $13.80 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 21.88 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: Seekingalpha.com which released: “Essendant -10.6% as FTC issues second request on GPC deal” on June 06, 2018, also Streetinsider.com with their article: “Genuine Parts (GPC) to Acquire Hennig Fahrzeugteile Group” published on June 07, 2018, Bizjournals.com published: “Atlanta loses another great leader – Wilton Looney at 99” on June 04, 2018. More interesting news about Genuine Parts Company (NYSE:GPC) were released by: Seekingalpha.com and their article: “Genuine Parts comments on Staples-Essendant deal” published on May 17, 2018 as well as Livetradingnews.com‘s news article titled: “Genuine Parts Company (NYSE:GPC) Bullish Trend” with publication date: June 01, 2018.

Genuine Parts Company (NYSE:GPC) Institutional Positions Chart

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