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

June 15, 2018 - By Lola Flanagan

Genuine Parts Company (NYSE:GPC) LogoInvestors sentiment increased to 0.95 in Q1 2018. Its up 0.01, from 0.94 in 2017Q4. It increased, 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.
Palladium Prns Lc has 18,984 shares for 0.13% of their portfolio. Bb&T holds 134,057 shares. Moreover, Nomura Asset Mngmt Ltd has 0.03% invested in Genuine Parts Company (NYSE:GPC) for 28,125 shares. National Bank Of Ny Mellon reported 1.81 million shares stake. Thomaspartners has 2.20 million shares. 12,843 were reported by Tdam Usa Incorporated. Moreover, Iat Reinsurance has 0.58% invested in Genuine Parts Company (NYSE:GPC) for 41,800 shares. Conning has 3,604 shares. 4,000 were reported by Clifford Swan Counsel Ltd Co. Westpac Bk invested in 0% or 9,056 shares. Gradient Invs Limited Co, Minnesota-based fund reported 29 shares. Garrison Fincl invested in 0.34% or 6,839 shares. Stadion Money Limited Liability Company reported 0.06% of its portfolio in Genuine Parts Company (NYSE:GPC). Trust Department Mb Bank & Trust N A has 198 shares. Exane Derivatives invested in 0% or 1 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 $228.92M 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. JP Morgan maintained the stock with “Neutral” rating in Wednesday, February 21 report. Bank of America upgraded the stock to “Neutral” rating in Friday, April 13 report. RBC Capital Markets maintained it with “Hold” rating and $9400 target in Thursday, April 19 report. The firm has “Underperform” rating by Bank of America given on Wednesday, February 21. As per Monday, February 12, the company rating was maintained by RBC Capital Markets. Guggenheim initiated the shares of GPC in report on Tuesday, April 17 with “Hold” rating.

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

Genuine Parts Company (NYSE:GPC) Institutional Positions Chart

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