GPC
Genuine Parts Company (NYSE: GPC) reported 6% year-on-year sales growth driven by higher comparable-sales...
Article Summary
HOLD- Genuine Parts Company (NYSE: GPC) reported 6% year-on-year sales growth driven by higher comparable-sales growth, favourable currency movements, and acquisitions, though net income fell sharply due to restructuring costs tied to a planned split of its automotive and industrial operations.
- Genuine Parts Co. maintained full-year EPS guidance, but lowered diluted EPS to $5.9-$6.4 from $6.1-6.6 after adjusting for restructuring charges tied to the planned separation of its Global Automotive and Global Industrial businesses.
- North America Automotive Parts Group posted 3.8% sales growth, with International Automotive Group posting stronger 8.2% growth and Industrial Parts Group posting 7.1% growth, while the first six months of the year saw sales rise 6.4% to $12.80 billion, with net income falling to $416.09 million from $449.2 million a year earlier.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 5.5% | 25% | 35.0 ptsBelow Screener (5.5%) - Weak growth |
| EPS Growth Next 5Y ? | 7.0% | 25% | 20.0 ptsWeak (7.0%) - Low expectations |
| Target Price Upside ? | 14.4% | 20% | 50.0 ptsMeets Minimum (14.4%) - Target: $137.88 vs Current: $120.54 |
| Gross Margin % ? | 34.7% | 15% | 40.0 ptsModerate (34.7%) - Adequate margins |
| Drawdown from 52-Wk High ? | -20.5% | 15% | 40.0 ptsMild Pullback (-20.5%) - Light entry opportunity |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About GPC
- Genuine Parts Company distributes automotive and industrial replacement parts.
- The company operates in three segments: North America Automotive Parts Group, International Automotive Parts Group, and Industrial Parts Group.
- It distributes automotive replacement parts, accessories, tools, equipment, and related solutions for hybrid and electric vehicles, trucks, buses, motorcycles, farm equipment, and heavy-duty equipment.
- The company also offers replacement parts, including brakes, batteries, filters, engine components, and fluids; specialized services, such as paint mixing, hydraulic hose assembly, battery testing, and key cutting; and accessories and specialty equipment for automotive and heavy-duty vehicles, as well as tools and diagnostic devices for repair and maintenance.
- In addition, it provides independent repair shops and auto care centers under the NAPA brand, and offers technical expertise and training programs to customers.
- Further, the company provides bearings, seals, and gaskets; hose, fittings, hydraulics, and pneumatics components; abrasives, adhesives, sealants, and tape; pumps and power transmission; tools and testing equipment; electrical supplies and safety products; and chemicals and janitorial supplies.
- Additionally, it offers inventory management; vendor-managed inventory; asset repair and tracking, including radio frequency identification; and specialized repair services for gearboxes, fluid power systems, pumps, drive shafts, electrical panels, and hoses and gaskets.
- The company was incorporated in 1928 and is headquartered in Atlanta, Georgia.