EPS for Genuine Parts Company (GPC) Expected At $1.06

January 24, 2018 - By Marie Mckinney

 EPS for Genuine Parts Company (GPC) Expected At $1.06
Investors sentiment increased to 0.96 in 2017 Q3. Its up 0.06, from 0.9 in 2017Q2. It improved, as 46 investors sold Genuine Parts Company shares while 195 reduced holdings. 55 funds opened positions while 176 raised stakes. 108.15 million shares or 1.25% more from 106.82 million shares in 2017Q2 were reported.
Arete Wealth Advsr Ltd Liability Corp holds 0.36% of its portfolio in Genuine Parts Company (NYSE:GPC) for 9,380 shares. Amundi Pioneer Asset Mngmt, Massachusetts-based fund reported 186,187 shares. Blair William And Il stated it has 15,759 shares or 0.01% of all its holdings. Janney Montgomery Scott Ltd Liability invested in 90,576 shares or 0.1% of the stock. Raymond James Svcs Advsrs owns 69,226 shares. Lord Abbett & Limited Co reported 102,100 shares or 0.03% of all its holdings. Oakworth owns 1,250 shares or 0.03% of their US portfolio. Ubs Asset Management Americas reported 521,240 shares. Elm Advisors Ltd Liability has invested 0.32% of its portfolio in Genuine Parts Company (NYSE:GPC). The Japan-based Legg Mason Asset Mngmt (Japan) Ltd has invested 0.79% in Genuine Parts Company (NYSE:GPC). Deprince Race And Zollo holds 250,999 shares or 0.54% of its portfolio. Capital Fincl Advisers Ltd Liability Corporation holds 0% or 5,315 shares. Df Dent Inc has invested 0.01% of its portfolio in Genuine Parts Company (NYSE:GPC). Ontario Teachers Pension Plan Board holds 0.1% in Genuine Parts Company (NYSE:GPC) or 76,001 shares. Garrison Fincl Corporation owns 6,539 shares.

Analysts expect Genuine Parts Company (NYSE:GPC) to report $1.06 EPS on February, 20.They anticipate $0.04 EPS change or 3.92 % from last quarter’s $1.02 EPS. GPC’s profit would be $155.41M giving it 24.70 P/E if the $1.06 EPS is correct. After having $1.16 EPS previously, Genuine Parts Company’s analysts see -8.62 % EPS growth. The stock increased 0.58% or $0.6 during the last trading session, reaching $104.73. About 542,733 shares traded. Genuine Parts Company (NYSE:GPC) has declined 1.45% since January 24, 2017 and is downtrending. It has underperformed by 18.15% the S&P500.

Genuine Parts Company (NYSE:GPC) Ratings Coverage

Among 12 analysts covering Genuine Parts Company (NYSE:GPC), 2 have Buy rating, 3 Sell and 7 Hold. Therefore 17% are positive. Genuine Parts Company had 28 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Wedbush given on Thursday, October 20. The company was maintained on Thursday, July 20 by RBC Capital Markets. The rating was upgraded by Goldman Sachs on Thursday, January 19 to “Neutral”. The stock of Genuine Parts Company (NYSE:GPC) has “Buy” rating given on Tuesday, October 20 by Gabelli. RBC Capital Markets maintained Genuine Parts Company (NYSE:GPC) rating on Friday, November 10. RBC Capital Markets has “Hold” rating and $93.0 target. Goldman Sachs downgraded the shares of GPC in report on Thursday, July 6 to “Sell” rating. The rating was maintained by RBC Capital Markets on Tuesday, July 21 with “Sector Perform”. RBC Capital Markets maintained it with “Sector Perform” rating and $92.0 target in Tuesday, October 20 report. The rating was initiated by Atlantic Securities with “Neutral” on Wednesday, December 14. The stock of Genuine Parts Company (NYSE:GPC) has “Neutral” rating given on Friday, August 26 by Susquehanna.

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 $15.36 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 23.43 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.

Another recent and important Genuine Parts Company (NYSE:GPC) news was published by Seekingalpha.com which published an article titled: “Dividend Growth Portfolio Addition: Genuine Parts Company” on January 10, 2018.

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