Media stories about Genuine Parts (NYSE:GPC) have been trending positive on Tuesday, according to Accern Sentiment. The research group ranks the sentiment of press coverage by monitoring more than twenty million blog and news 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 0.27 on Accern’s scale. Accern also assigned news stories about the specialty retailer an impact score of 45.8898990343265 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

A number of equities research analysts have issued reports on GPC shares. Jefferies Group restated a “hold” rating and set a $95.00 price target on shares of Genuine Parts in a report on Sunday, September 10th. Royal Bank of Canada increased their target price on shares of Genuine Parts from $85.00 to $98.00 and gave the company a “sector perform” rating in a research note on Tuesday, September 26th. Zacks Investment Research upgraded shares of Genuine Parts from a “sell” rating to a “hold” rating in a research note on Tuesday, September 26th. Gabelli reiterated a “buy” rating on shares of Genuine Parts in a research note on Friday, October 20th. Finally, Moffett Nathanson started coverage on shares of Genuine Parts in a research note on Monday, December 4th. They issued a “sell” rating for the company. Four equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $95.00.

Genuine Parts (NYSE GPC) traded up $0.58 during midday trading on Tuesday, hitting $95.11. 765,200 shares of the company traded hands, compared to its average volume of 849,463. The company has a current ratio of 1.32, a quick ratio of 0.62 and a debt-to-equity ratio of 0.16. Genuine Parts has a twelve month low of $79.86 and a twelve month high of $100.90. The company has a market capitalization of $13,944.41, a PE ratio of 21.28, a PEG ratio of 3.63 and a beta of 1.12.

Genuine Parts (NYSE:GPC) last released its earnings results on Thursday, October 19th. The specialty retailer reported $1.16 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.28 by ($0.12). Genuine Parts had a net margin of 4.16% and a return on equity of 20.49%. The company had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $4.10 billion. During the same quarter in the previous year, the business posted $1.24 EPS. The firm’s quarterly revenue was down 72.2% on a year-over-year basis. sell-side analysts predict that Genuine Parts will post 4.58 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 2nd. Investors of record on Friday, December 8th will be given a $0.675 dividend. This represents a $2.70 annualized dividend and a yield of 2.84%. The ex-dividend date of this dividend is Thursday, December 7th. Genuine Parts’s dividend payout ratio (DPR) is presently 60.40%.

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Genuine Parts Company Profile

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.

Insider Buying and Selling by Quarter for Genuine Parts (NYSE:GPC)

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