GPC - Genuine Parts Company
| Previous Close | 97.55 |
| Open | 96.74 |
| Bid | 98.10 x 900 |
| Ask | 98.12 x 800 |
| Day's Range | 96.74 - 98.17 |
| 52 Week Range | 89.87 - 115.20 |
| Volume | 1,030,677 |
| Avg. Volume | 942,395 |
| Market Cap | 14.327B |
| Beta (3Y Monthly) | 0.86 |
| PE Ratio (TTM) | 18.20 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 3.05 (2.97%) |
| Ex-Dividend Date | 2019-06-06 |
| 1y Target Est | N/A |
- Zacks•yesterday
Why Is Genuine Parts (GPC) Down 7% Since Last Earnings Report?
Genuine Parts (GPC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- InvestorPlace•2 days ago
5 Great Blue-Chip Stocks to Buy Today
If you're like me, the current bout of trade-induced volatility isn't sitting too right. And while swings and bear markets are a part of investing, the kind of big plunges we've recently seen does make for some sleepless nights. Which is why the stocks to buy today could be America's blue-chip stocks.Blue-chip stocks don't necessarily have a formal definition, but they are generally stable and well-established companies. Blue-chip stocks are typically household names with billions in revenues and steady rising profit profiles. Often, they share the wealth with their investors via rich dividend and buyback programs. The best part is that investors can count on blue-chip stocks to help them get through periods of malaise and bear markets as they tend to be less volatile than let's say, smaller growth stocks.To that end, with the markets starting to feel a bit shaky, blue chip stocks could be the best way to position your portfolio in the upcoming months.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 6 Chinese Stocks That Could Pop On a Trade Deal But which blue-chip stocks make sense to buy today? Here are five that could help you get through the next few months and an upcoming bear market. Cisco Systems (CSCO)Source: Shutterstock The technology sector is often seen as a growth element for a portfolio. However, the sector does feature plenty of blue-chip stocks that produce mountains of cash flows, steady dividends, and rising profits. Case in point, former dot-com darling Cisco Systems (NASDAQ:CSCO).After building the internet and networking with its focus on switching gear and routers, CSCO made the smart pivot into services and reoccurring revenues. It basically created the model that many tech firms have copied. And in doing that, Cisco has become a cash generation machine. Last quarter alone, the firm managed to produce more than $3.5 billion in free cash flows.The best part is that CSCO continues to share that cash with investors. The firm recently raised its dividend by 6% and added another $15 billion to its authorized buyback program.And yet, more could be in store for Cisco. The firm continues to add new capabilities to its services platform and recently unveiled new conversational A.I. to its interfaces. Adding in continued data center demand as well as the pending 5G upgrades and Cisco continues to look great.For investors looking for a strong tech sector blue-chip stock, Cisco has to be your top pick. Merck (MRK)Source: Shutterstock The steadfastness of the healthcare sector makes it a prime place to find plenty of blue-chip stocks. And one of the best could be pharmaceutical giant Merck (NYSE:MRK).For starters, MRK features a wide portfolio of current and former blockbuster drugs, vaccines and other therapies. This huge portfolio continues to drive profits and cash flows at the giant. But MRK isn't resting on its laurels. A few years ago, Merck made the shift into newer biotech and advanced cancer-fighting medications. That has turned out to be the right move.MRK's Keytruda has quickly become the go-to medicine for a variety of lung cancers and sales going through the roof. Last quarter alone, the blue-chip stock realized more than $2.2 billion in Keytruda sales alone. That double-digit growth has allowed Merck to up its total forecast and guidance for the entire year. The growth of Keytruda could continue. Merck has begun several trials looking to use the drug in other indications. This could provide even more cash flowing Merck's way. Combining the growth of its cancer portfolio with the rest of its steady drug options, and Merck is looking like a great buy for the long haul. * 5 Service Stocks That Can Win the Trade War -- According to Goldman Sachs In the end, MRK's 2.85% yield and continued growth make it a powerful blue-chip stock for any investor. American Express Company (AXP)Source: Shutterstock One of Warren Buffett's favorite blue-chip stocks happens to be American Express (NYSE:AXP). And the Oracle of Omaha isn't wrong in owning it. The financial powerhouse has continued to thrive in the rising economy and has a lot to offer investors.AXP is kind of a weird bird. Like rivals, Visa (NYSE:V) and Mastercard (NYSE:MA) -- also two blue-chip stocks worth owning -- American Express operates a secured payment network and acts as a toll road when customers swipe their cards. Here, Amex scores a hefty fee. The firm's discount revenue rate was last quarter was 2.37%. Basically, for every $100 spent on its cards, $2.37 flowed back to AXP. All in all, last quarter, American Express pulled in more than $6.2 billion in revenue from these operations.Secondly, unlike V and MA, American Express is an issuer of its cards. Because of this, it's able to score hefty membership fees, interest and creates a leverage effect for its profits. Moreover, Amex's entire M.O. is about rewards and its partners pay the credit issuer plenty of fees to get their products/offers onto AXP's platform.The best part is that AXP tends to focus on the higher end of the credit spectrum. This removes many of the uncertainty and issues with offering loans and reduces default rates.All of this has made American Express a powerhouse in the financial sector. Best Buy Chip Stocks: Genuine Parts Company (GPC)Source: Shutterstock Sixty-three years. That's an amazing streak for any firm to consistently raise their dividend. But for blue-chip stock Genuine Parts Company (NYSE:GPC), it's just par for the course. The secret lies with the firms massive and irreplaceable moat.There's a good chance that you've never walked into one of GPC's locations, but your mechanic has. Under the NAPA banner, the firm operates one of the largest networks of auto parts and industrial distribution locations in the nation. Those 9,250 locations are located pretty much everywhere and that's key. Auto parts are generally a "need it now" sort of item and are pretty much immune from the whims of online sales.Because of this huge network, GPC and NAPA are pretty much the only game in town when it comes to getting parts to body shops, mechanics and service centers. This has been beyond good for GPC's bottom line over the years. In its 90-year history, sales have increased in 85 of those years. This streak was continued last year as GPC recorded more than $18.7 billion in revenues. Analysts predict that revenues will jump by about 4% this year. Naturally, those sales have turned into profits and a long streak of dividend increase for investors. * The 3 Best Marijuana Stocks to Buy Right Now This consistency has made GPC one of the best blue-chip stocks to own for the long haul. Coca-Cola (KO)Source: Chris Nielsen via FlickrWhen it comes to blue chip stocks, Coca-Cola (NYSE:KO) could be the bluest. Its brand is worldwide and is enjoyed millions of times daily. This has allowed KO to pay a constantly rising dividend for the last 55 years and provide plenty of ballast to a portfolio in markets just like today.And there is still growth to be had.Coke has moved into new beverage categories as tastes have changed. Sparkling water, juices, teas, and other healthy drinks are now on a menu at the firm. And these items continue to grow -- with revenues for these products now accounting for about half of KO's total pie. Meanwhile, KO has improved margins via new packaging designs and sizes. Adding in some tech -- such as its Arctic Coolers and Freestyle machines -- and Coke seems to be winning the beverage wars.The proof is in the pudding. Continued product mix development has resulted in a big 5% jump in revenues last quarter. Likewise, earnings saw a big surge and KO has managed to produce roughly $6.28 billion in free cash flow over the last 12 months.Yes, KO is boring. But that's what exactly what investors should be looking for in a blue-chip stock. Consistency, with a touch of growth. If that doesn't describe Coca-Cola, then I don't know what does.Disclosure: At the time of writing, Aaron Levitt did not have a position in any stock mentioned. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy that Lost 10% Last Week * Top 7 Dow Jones Stocks of 2019 -- So Far * 5 Service Stocks That Can Win the Trade War -- According to Goldman Sachs Compare Brokers The post 5 Great Blue-Chip Stocks to Buy Today appeared first on InvestorPlace.
- Simply Wall St.•2 days ago
What Kind Of Shareholders Own Genuine Parts Company (NYSE:GPC)?
The big shareholder groups in Genuine Parts Company (NYSE:GPC) have power over the company. Institutions often own...
- Markit•12 days ago
See what the IHS Markit Score report has to say about Genuine Parts Co.
Genuine Parts Co NYSE:GPCView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is extremely low for GPC with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting GPC. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $5.26 billion over the last one-month into ETFs that hold GPC are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Simply Wall St.•16 days ago
Is Genuine Parts Company's (NYSE:GPC) CEO Pay Fair?
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Paul Donahue has been the CEO of Genuine Parts Company (NYSE:GPC) since 2016. This report...
- Zacks•23 days ago
The Zacks Analyst Blog Highlights: Genuine Parts, Harley-Davidson, Allison Transmission, O???Reilly Automotive and Tesla
The Zacks Analyst Blog Highlights: Genuine Parts, Harley-Davidson, Allison Transmission, O???Reilly Automotive and Tesla
- Zacks•24 days ago
Auto Stock Roundup: TSLA, GPC & ORLY Earnings Miss, HOG & ALSN Report a Beat
In first-quarter 2019, Tesla (TSLA), O'Reilly Automotive (ORLY) and Genuine Parts's (GPC) earnings and sales miss quarterly estimates.
Yahoo Finance•24 days agoHow billionaire Mario Gabelli is betting on electric vehicles without buying Tesla
Billionaire Mario Gabelli, who’s no slouch when it comes to the automotive sector he first started as a sell-side analyst covering the auto and farm equipment industry, brings a unique take to the Tesla discussion.
- Thomson Reuters StreetEvents•25 days ago
Edited Transcript of GPC earnings conference call or presentation 18-Apr-19 3:00pm GMT
Q1 2019 Genuine Parts Co Earnings Call
- American City Business Journals•last month
Genuine Parts honors the late Wilton Looney and Larry Prince with a garden
Genuine Parts dedicated a garden in front of its headquarters at 2999 Wildwood Parkway on Thursday – complete with stone benches in honor of both executives.
Motley Fool•last monthGenuine Parts Co (GPC) Q1 2019 Earnings Conference Call Transcript
GPC earnings call for the period ending March 31, 2019.
- Investing.com•last month
Stocks - S&P Ends Higher as Earnings Inspire Rebound
Investing.com – Stocks rebounded from session lows to end higher Thursday as gains in industrials helped offset weakness in energy stocks.
- Zacks•last month
Genuine Parts (GPC) Misses Q1 Earnings and Revenue Estimates
Genuine Parts (GPC) delivered earnings and revenue surprises of -2.29% and -1.24%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
- Zacks•last month
Genuine Parts (GPC) Q1 Earnings Miss Estimates, Rise Y/Y
Genuine Parts' (GPC) first-quarter 2019 earnings miss estimates despite positive comps across three business segments.
- Associated Press•last month
Genuine Parts: 1Q Earnings Snapshot
The Atlanta-based company said it had profit of $1.09 per share. Earnings, adjusted for non-recurring costs, were $1.28 per share. The results fell short of Wall Street expectations. The average estimate ...
- Simply Wall St.•last month
Why Genuine Parts Company (NYSE:GPC) Could Be Worth Watching
Genuine Parts Company (NYSE:GPC) saw a double-digit share price rise of over 10% in the past couple of months on the NYSE. With many analysts covering the large-c...
- American City Business Journals•last month
Here are 25 of Georgia's highest-paid female executives of 2018
They are in top leadership roles at companies including Coca-Cola, Home Depot, Veritiv, Aflac, SunTrust Banks and TSYS.
- Zacks•last month
What's in Store for Genuine Parts (GPC) in Q1 Earnings?
Genuine Parts (GPC) undertakes acquisitions to expand global presence and scale. However, rising expenses are likely to hurt the company's Q1 results.
- Motley Fool•last month
5 Top Dividend Kings to Buy and Hold Forever
These five stocks should pay you for the rest of your life.
- Zacks•last month
Genuine Parts (GPC) Reports Next Week: Wall Street Expects Earnings Growth
Genuine Parts (GPC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Zacks•last month
Genuine Parts Hits 52-Week High: What's Behind the Rally?
Value-added services, and frequent investments and acquisitions contribute to Genuine Parts' (GPC) rally.
- Simply Wall St.•2 months ago
Genuine Parts Company (NYSE:GPC): Poised For Long-Term Success?
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! The most recent earnings update Genuine Parts Company's (NYSE:GPC) released in December 2018 showed...
- Insider Monkey•2 months ago
Here’s What Hedge Funds Think About Genuine Parts Company (GPC)
Investing in small cap stocks has historically been a way to outperform the market, as small cap companies typically grow faster on average than the blue chips. That outperformance comes with a price, however, as there are occasional periods of higher volatility. The fourth quarter of 2018 is one of those periods, as the Russell […]
- InvestorPlace•2 months ago
AutoZone Stock Needs Preventative Maintenance, Not More Stock Buybacks
AutoZone (NYSE:AZO) just approved $1 billion more for buybacks of AutoZone stock. Over time, the auto- parts retailer has delivered positive returns for the owners of AZO stock through this strategy.Source: time anchor via Flickr (Modified)However,these buybacks have strained the company's balance sheet. Moreover, the attitudes of the young towards auto repairs, as well as changing technology, have created concerns about AZO stock and its peers. Given AutoZone's risks and potential headwinds, I would advise against buying AZO. * 7 Marijuana Stocks to Play the CBD Trend At first glance, AutoZone stock looks like a solid pick. In good times and in bad, people need working cars. When a part needs to be replaced, customers willingly spend money to keep their vehicles on the road.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMoreover, with a forward price-earnings (PE) ratio of 15.5, AZO stock is hardly expensive. O'Reilly Automotive (NASDAQ:ORLY), Advance Auto Parts (NYSE:AAP), and Genuine Parts Company (NYSE:GPC) all trade at higher multiples. AutoZone Stock Faces New ThreatsHowever, when one looks under the hood of AZO, things look less pretty. As my InvestorPlace colleague Josh Enomoto points out, the young tend to outsource more of their repair work. Also, at a time in which cars have become computers on wheels, more of the work requires trained technicians with advanced degrees.Also, with the industry trending toward electric cars with fewer parts, consumers could have less need for auto-parts dealers in general. Potential competition from the likes of Amazon (NASDAQ:AMZN) and Walmart (NYSE:WMT) also remains a threat.In fairness, all of these negatives will also affect AZO's direct peers. Moreover, if changing trends threaten their future, those headwinds have not appeared in their profit forecasts. Of the four major parts dealers, analysts expect every one except Genuine Parts to post average-annual-profit growth of at least 12.5% per year over the next five years.However, of the four primary auto-parts retailers, AZO has the weakest balance sheet. For one, its current liabilities exceed its current assets. In layman's terms, this means the company cannot easily meet its current obligations. This situation has persisted for years, and AZO keeps itself in business by allowing its accounts payable to keep growing. Of AZO's major peers, O'Reilly is the only other one to have followed this strategy. Buybacks Could Endanger AutoZone StockIn this sector, only AZO maintains negative stockholders' equity. Put simply, this means AZO owes more than its net worth. This occurred because of its aggressive stock buyback strategy. Now, with the board of directors approving another $1 billion worth of buybacks of AutoZone stock on Mar. 20, those who own AZO should become even more concerned.This figure nearly matches the almost $1.34 billion the company earned in net income in the previous fiscal year. Since beginning its stock -repurchase program in 1998, the company has authorized $21.9 billion in share buybacks. As a result, it has spent an amount on buybacks of AutoZone stock that nearly matches the company's $24.9 billion market cap.AZO's peers also conduct share buybacks. However, they have not undermined stockholders' equity in the process. For this reason, if revenue growth turned negative within the auto parts industry, AZO would probably be hurt more than its peers. The negative equity could force the company to dump massive amounts of AZO stock in an environment of falling prices, merely to shore up its balance sheet.To avoid this potential issue, investors can pay Advance Auto's 17.7 forward multiple and profit from its higher growth. They could buy also GCP stock, which has a forward multiple of 17.4, and benefit from its 2.8% dividend yield and its 62 straight years of payout hikes. In either case, investors would be substantially safer than with AutoZone stock and only pay a slightly higher multiple. The Bottom Line on AutoZone StockAZO's balance sheet makes AutoZone stock a high-risk play despite its modest valuation. Given the recession-proof nature of the company's products and the past growth of AutoZone stock, one might consider AZO a buy.However, fewer customers are repairing their own cars and the competition it faces could squeeze its profit margins further. Moreover, the company has taken buybacks of AutoZone stock to such an extreme that stockholders' equity has turned negative.With that negative equity, the auto-parts retailer faces the danger of having to dump AutoZone stock if it needs cash to stabilize its balance sheet. So until AZO stabilizes itself, investors should stay away from AutoZone stock.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dual-Class Stocks That Will Outperform * 7 Reasons Why Apple Streaming Won't Move the Needle for Apple Stock * 7 A-Rated Stocks to Buy in the Second Quarter Compare Brokers The post AutoZone Stock Needs Preventative Maintenance, Not More Stock Buybacks appeared first on InvestorPlace.
- Zacks•2 months ago
CarMax (KMX) to Report Q4 Earnings: What's in the Offing?
CarMax (KMX) intends to open 15 stores within 12 months from Nov 30, 2018, of which six will be in small markets.
