Stock To Watch: Genuine Parts Company (NYSE:GPC)


The leading market experts have placed a mean price target of $99.33 on Genuine Parts Company (NYSE:GPC) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.10 a share for the upcoming quarter and $4.73 for the current fiscal.

Technical View

The technical analysis of Genuine Parts Company Common St plainly substantiates that the 50-day moving average of Genuine Parts Company Common St is $102.28, and stock is trading $-5.29 points away or -5.17% from its 50-day moving average of $102.28. Further it is trading $-1.37 or -1.39% away its 200-day moving average of $98.36. Genuine Parts Company (NYSE:GPC) 52-week high is $105.97 and the 52-week low is $76.50.

This explains if the stock moves $-8.98, it will post a 52-week high. In event of +26.78% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Genuine Parts Company Common St, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Genuine Parts Company (NYSE:GPC) ratio came in at 20.95.

The stock last ended the trading session at $96.99 and registered a market cap of $14.44B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Genuine Parts Company (NYSE:GPC) PEG ratio is at 5.19.

1 Chart Pattern Every Investor Should Know

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