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

June 21, 2018 - By Maria Brooks

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.
Viking Fund Ltd Liability Com reported 25,000 shares. 4,800 are held by Chickasaw Mngmt Ltd Liability Com. Tru Department Mb Finance Bancorp N A accumulated 198 shares. Federated Invsts Pa accumulated 3,203 shares. Envestnet Asset Management holds 28,961 shares. Bokf Na reported 0.03% in Genuine Parts Company (NYSE:GPC). Amalgamated Bancorporation holds 0.05% or 19,106 shares. Mark Sheptoff Planning Limited Company owns 1,136 shares or 0.07% of their US portfolio. Arizona State Retirement Systems invested 0.05% of its portfolio in Genuine Parts Company (NYSE:GPC). Two Sigma Ltd Liability holds 0% or 4,695 shares. Bb&T Corporation reported 134,057 shares or 0.23% of all its holdings. Stephens Incorporated Ar holds 27,143 shares or 0.09% of its portfolio. Tiaa Cref Inv Lc owns 417,476 shares. 10,000 are held by Legg Mason Asset Mngmt (Japan) Ltd. Hm Payson And Co reported 2,487 shares.

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 $228.92 million 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 increased 0.18% or $0.17 during the last trading session, reaching $94.07. About 422,372 shares traded. Genuine Parts Company (NYSE:GPC) has risen 0.13% since June 21, 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. On Wednesday, February 21 the stock rating was maintained by Bank of America with “Underperform”. The firm earned “Hold” rating on Thursday, April 19 by RBC Capital Markets. The rating was maintained by RBC Capital Markets on Monday, February 12 with “Hold”. The firm earned “Neutral” rating on Friday, April 13 by Bank of America. The stock of Genuine Parts Company (NYSE:GPC) earned “Hold” rating by Guggenheim on Tuesday, April 17. The stock of Genuine Parts Company (NYSE:GPC) earned “Neutral” rating by JP Morgan on Wednesday, February 21.

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: Nasdaq.com and their article: “New Research Coverage Highlights Avery Dennison, Raymond James Financial, Genuine Parts, Kimco Realty, Bristow …” published on June 15, 2018 as well as Bizjournals.com‘s news article titled: “American Cancer Society sets Georgia leadership board” with publication date: June 15, 2018.

Genuine Parts Company (NYSE:GPC) Institutional Positions Chart

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