Genuine Parts Company (GPC) Analysts See $1.06 EPS

January 21, 2018 - By Linda Rogers

 Genuine Parts Company (GPC) Analysts See $1.06 EPS
Investors sentiment increased to 0.96 in 2017 Q3. Its up 0.06, from 0.9 in 2017Q2. It is positive, as 46 investors sold Genuine Parts Company shares while 195 reduced holdings. 55 funds opened positions while 176 raised stakes. 108.15 million shares or 1.25% more from 106.82 million shares in 2017Q2 were reported.
Lpl Financial Limited Liability Corp holds 37,317 shares. Weaver C Barksdale Assoc Inc, a Tennessee-based fund reported 15,119 shares. Verity And Verity Ltd Liability Corp holds 45,904 shares or 1.28% of its portfolio. Monarch Cap Mgmt, a Indiana-based fund reported 22,781 shares. Tiemann Invest Advsr Ltd Liability Corporation owns 2,950 shares. 4,912 are held by Inv Centers Of America. Sun Life Financial reported 0.01% of its portfolio in Genuine Parts Company (NYSE:GPC). Cadence Cap Mngmt Limited Company stated it has 0.1% in Genuine Parts Company (NYSE:GPC). Schwab Charles Inv Mngmt Incorporated holds 755,065 shares or 0.06% of its portfolio. Aperio Gp Lc accumulated 61,495 shares or 0.03% of the stock. Aspiriant Limited Liability stated it has 0.04% in Genuine Parts Company (NYSE:GPC). Deutsche Bancshares Ag stated it has 1.26M shares. Eads Heald Inv Counsel reported 0.69% of its portfolio in Genuine Parts Company (NYSE:GPC). Sanders Capital Limited Liability Corp holds 631,477 shares or 0.34% of its portfolio. Richard Bernstein Advsrs Limited Liability Company reported 29,982 shares or 0.2% of all its holdings.

Analysts expect Genuine Parts Company (NYSE:GPC) to report $1.06 EPS on February, 20.They anticipate $0.04 EPS change or 3.92 % from last quarter’s $1.02 EPS. GPC’s profit would be $155.41 million giving it 24.56 P/E if the $1.06 EPS is correct. After having $1.16 EPS previously, Genuine Parts Company’s analysts see -8.62 % EPS growth. The stock increased 1.18% or $1.21 during the last trading session, reaching $104.14. About 612,959 shares traded. Genuine Parts Company (NYSE:GPC) has declined 1.45% since January 21, 2017 and is downtrending. It has underperformed by 18.15% the S&P500.

Genuine Parts Company (NYSE:GPC) Ratings Coverage

Among 12 analysts covering Genuine Parts Company (NYSE:GPC), 2 have Buy rating, 3 Sell and 7 Hold. Therefore 17% are positive. Genuine Parts Company had 28 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Thursday, October 20 by Wedbush. RBC Capital Markets maintained the stock with “Hold” rating in Friday, May 26 report. As per Thursday, July 20, the company rating was maintained by RBC Capital Markets. The rating was maintained by RBC Capital Markets with “Hold” on Friday, September 8. On Wednesday, September 30 the stock rating was downgraded by Goldman Sachs to “Sell”. The stock has “Buy” rating by Gabelli on Friday, July 21. Gabelli upgraded Genuine Parts Company (NYSE:GPC) on Tuesday, October 20 to “Buy” rating. Jefferies initiated Genuine Parts Company (NYSE:GPC) rating on Tuesday, September 15. Jefferies has “Buy” rating and $95 target. The stock has “Hold” rating by RBC Capital Markets on Friday, November 10. Gabellu & Co. downgraded the stock to “Hold” rating in Thursday, July 14 report.

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 $15.27 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 23.3 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.

Another recent and important Genuine Parts Company (NYSE:GPC) news was published by Seekingalpha.com which published an article titled: “Dividend Growth Portfolio Addition: Genuine Parts Company” on January 10, 2018.

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