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

June 15, 2018 - By Adrian Erickson

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.
Sumitomo Mitsui Asset Management Ltd, a Japan-based fund reported 10,356 shares. Montag A & Incorporated invested 0.43% of its portfolio in Genuine Parts Company (NYSE:GPC). Swiss Commercial Bank accumulated 469,230 shares. Mitsubishi Ufj Tru Bk has 309,403 shares. The Switzerland-based Credit Suisse Ag has invested 0.02% in Genuine Parts Company (NYSE:GPC). Canandaigua Fincl Bank And Trust owns 2,855 shares for 0.03% of their portfolio. Meiji Yasuda Life Insurance has 5,190 shares for 0.07% of their portfolio. Viking Fund Mgmt Ltd Liability Company invested in 0.43% or 25,000 shares. Palladium Prtnrs Lc holds 18,984 shares. Crawford Invest Counsel has invested 2.41% in Genuine Parts Company (NYSE:GPC). Kentucky Retirement holds 0.06% of its portfolio in Genuine Parts Company (NYSE:GPC) for 7,658 shares. Kcm Inv Advisors Ltd Liability Corporation invested in 0.43% or 78,084 shares. Howland Cap Mgmt Ltd Liability Company holds 3,050 shares or 0.02% of its portfolio. Ftb Advsrs holds 0.06% or 6,826 shares. Thomaspartners has invested 1.44% in Genuine Parts Company (NYSE:GPC).

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. The stock of Genuine Parts Company (NYSE:GPC) earned “Underperform” rating by Bank of America on Wednesday, February 21. The firm has “Hold” rating given on Tuesday, April 17 by Guggenheim. The firm earned “Neutral” rating on Friday, April 13 by Bank of America. As per Monday, February 12, the company rating was maintained by RBC Capital Markets. The rating was maintained by RBC Capital Markets on Thursday, April 19 with “Hold”. The firm has “Neutral” rating given on Wednesday, February 21 by JP Morgan.

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

Genuine Parts Company (NYSE:GPC) Institutional Positions Chart

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