Genuine Parts (NYSE:GPC) Earns News Sentiment Score of 0.25

Media stories about Genuine Parts (NYSE:GPC) have been trending positive on Sunday, Accern reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Genuine Parts earned a coverage optimism score of 0.25 on Accern’s scale. Accern also assigned news stories about the specialty retailer an impact score of 45.8988558615073 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Here are some of the media headlines that may have effected Accern Sentiment’s rankings:

GPC has been the subject of a number of analyst reports. Gabelli restated a “buy” rating on shares of Genuine Parts in a report on Friday, October 20th. Moffett Nathanson started coverage on Genuine Parts in a research report on Monday, December 4th. They issued a “sell” rating on the stock. Zacks Investment Research lowered Genuine Parts from a “hold” rating to a “sell” rating in a research report on Friday, October 20th. Jefferies Group reaffirmed a “hold” rating and issued a $95.00 target price on shares of Genuine Parts in a research report on Thursday, October 12th. Finally, Royal Bank of Canada cut their target price on Genuine Parts from $98.00 to $95.00 and set a “sector perform” rating on the stock in a research report on Friday, October 20th. Four analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. Genuine Parts presently has an average rating of “Hold” and a consensus target price of $95.00.

Shares of Genuine Parts (NYSE GPC) opened at $103.28 on Friday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.62 and a current ratio of 1.32. The stock has a market capitalization of $15,142.29, a P/E ratio of 23.11, a P/E/G ratio of 2.63 and a beta of 1.12. Genuine Parts has a 52-week low of $79.86 and a 52-week high of $103.39.

Genuine Parts (NYSE:GPC) last posted its quarterly earnings results on Thursday, October 19th. The specialty retailer reported $1.16 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.28 by ($0.12). The firm had revenue of $1.10 billion for the quarter, compared to analyst estimates of $4.10 billion. Genuine Parts had a net margin of 4.16% and a return on equity of 20.49%. The business’s revenue was down 72.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.24 earnings per share. research analysts predict that Genuine Parts will post 4.6 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 2nd. Shareholders of record on Friday, December 8th were given a $0.675 dividend. This represents a $2.70 annualized dividend and a yield of 2.61%. The ex-dividend date was Thursday, December 7th. Genuine Parts’s dividend payout ratio is presently 60.40%.

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About Genuine Parts

Genuine Parts Company is a service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials. The Company’s segments include Automotive, Industrial, Office Products Group, Electrical/Electronic Materials and Other.

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