Genuine Parts Co (NYSE:GPC) shares, rose in value on Friday, May 09, with the stock price down by -0.14% to the previous day’s close as strong demand from buyers drove the stock to $117.42.
Actively observing the price movement in the last trading, the stock closed the session at $117.58. The PE ratio was 19.29 over 12-month period. Referring to stock’s 52-week performance, its high was $158.65, and the low was $104.01. On the whole, GPC has fluctuated by 3.02% over the past month.
With the market capitalization of Genuine Parts Co currently standing at about $16.30 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 4.03, with its dividend yield at 3.43%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 24.08B, with a low estimate of 6.02B and a high estimate of 6.19B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 6.1B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GPC’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 3.93, with the price of GPC currently trading nearly 0.96% and -1.06% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 50.78, while the 7-day volatility ratio is showing 1.64% which for the 30-day chart, stands at 2.43%. Furthermore, Genuine Parts Co (GPC)’s beta value is 0.76, and its average true range (ATR) is 3.03.
A comparison of Genuine Parts Co (GPC) with its peers suggests the former has fared considerably weaker in the market. GPC showed an intraday change of -0.14% in last session, and over the past year, it shrunk by -24.21%%.
Data on historical trading for Genuine Parts Co (NYSE:GPC) indicates that the trading volumes over the past 3 months, they’ve averaged 1.59 million. According to company’s latest data on outstanding shares, there are 138.79 million shares outstanding.
Nearly 0.44% of Genuine Parts Co’s shares belong to company insiders and institutional investors own 84.68% of the company’s shares. The stock has risen by 0.57% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GPC stock heading into the next quarter.
