Genuine Parts Company (NYSE:GPC) mean price target is revealed at $99.33 by Thomson Reuters. The group followed the stock recommendations given by experts in the First Call poll. Also, it is possible that the firm may list per share earnings of $1.10 in the coming quarter and $4.73 for the ongoing fiscal. The market cap of Genuine Parts Company Common St was $14.47B after the equity closed at $96.89 in last trading day.
What The Valuation Says?
The price/earnings ratio is listed in the group of ratios that are used for stock valuation. Commonly entitled as P/E ratio, it aids investors know where the firm positions in the market. It is a consequent when share’s latest price is divided by per-share earnings. Genuine Parts Company (NYSE:GPC) has a P/E ratio of 20.98. Investors can ascertain how the stock is doing in the industry by assessing Price-to-Earnings Growth ratio.
In common, a high P/E proposes that investors are predicting higher earnings surge in the future compared to firms with a lower P/E ratio. A low P/E can direct either that a firm may currently be underrated or that the firm is doing extremely well comparative to its past trends. When a firm has no earnings or is recording losses, in both circumstances P/E will be stated as “N/A.” Though it is likely to compute a negative P/E, it is not the common convention.
Genuine Parts Company (NYSE:GPC) PEG ratio sits at 4.89. A low PEG ratio presents an investment opportunity to the resourceful traders and investors. The stocks with a reading in between 0 and 1 are undervalued equities. A reading of 1 and 2 denotes fairly priced stocks.
The technical study of Genuine Parts Company Common St visibly elucidates that the 50-day MA of Genuine Parts Company Common St is $101.88, and stock is trading $-4.73 points away or -4.64% from 50-day moving average of $101.88. It is trading $-1.48 or -1.50% away 200-day moving average of $98.63. Genuine Parts Company (NYSE:GPC) 52-week high is $105.97 and the 52-week low is $76.50. This represents that if the equity moves $-8.82 points upside on the chart, it will hit a 52-week high. On the other hand, if it plunges +26.99%, then the share price can log a new 52-week low.
1 Chart Pattern Every Investor Should Know
This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...