Genuine Parts Co (NYSE: GPC) has reported E.P.S. of $1.79 for its first fiscal quarter (ending March 31) versus $2.16 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $9.01 compared to $8.79 a year ago.
Recent Price Action
Genuine Parts Co (NYSE: GPC) stock closed at $160.23 on 4/18/24 after a major increase of 11.2%. Moreover, trading volume in this advance was exceptionally high at 353% of normal. The stock has risen 8.1% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, GPC is expected to continue to be a major Value Builder.
Genuine Parts has a current Value Trend Rating of D (Negative). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Genuine Parts has a slightly negative Appreciation Score of 38 and a slightly negative Power Rating of 34, triggering the Negative Value Trend Rating.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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