Genuine Parts Company INVESTIGATION: Levi & Korsinsky Investigates Potential Securities Fraud by Genuine Parts Company (GPC)
NEW YORK, NY / ACCESSWIRE / December 13, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Genuine Parts Company ("Genuine Parts Company") (NYSE:GPC) concerning possible violations of federal securities laws. On October 22, 2024, Genuine reported 3Q 2024 earnings that fell well below expectations and then lowered its guidance for the year.
Top Value Managers Are Buying These 4 Stocks
#Morningstar  #TopValueStocks #stockinvesting Here's where some of the best managers are finding new opportunities in today's market. 00:00 Introduction 00:20 Lululemon LULU 00:56 Air Products and Chemicals APD 01:31 Genuine Parts GPC 02:08 Merck MRK I'm Susan Dziubinski with Morningstar.
Top Dividend Aristocrats To Buy Now After The Trump Sweep
A potential 15% corporate tax rate could trigger a significant rally, similar to the 2017 euphoria, boosting S&P 500 earnings by 4%. Focus on undervalued, high-quality dividend aristocrats in consumer discretionary, materials and industrials sectors, which would benefit most from the tax cuts. These five aristocrats offer a 3.2% yield, 10% annual dividend growth, and 33% upside potential in the next year, even without tax cuts, and 38% with tax cuts.
Genuine Parts Stock: Not Cheap Enough To Buy, Yet
Assessing risk vs. reward is crucial for stock investing; Genuine Parts Company's recent 20% drop prompts a re-evaluation of its current investment potential. Treat Genuine Parts' current downturn as recession-like; historical data suggests deeper price drops are possible given past P/E ratios and earnings declines. GPC is a slow-growth business; it should only be bought at a deep discount for potential mean reversion gains, not for long-term holding.
Interpreting Genuine Parts (GPC) International Revenue Trends
Explore how Genuine Parts' (GPC) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.
Why Genuine Parts Stock Investors Saw Red This Week
Shares fell after the company lowered 2024 earnings expectations.
Genuine Parts Company: A Buy Opportunity Following The Recent Drop
Genuine Parts Company experienced a significant 20% drop in stock value, now trading at a valuation below 12.2x P/E normalized with a yield above 3.53%. Despite the drop, Genuine Parts Company remains a stable, nearly 100-year-old business with a BBB rating and a market cap over $15B, not facing bankruptcy. The decline was triggered by 3Q24 results, but the company's fundamentals in automotive and industrial replacement parts remain strong, suggesting potential upside.
Genuine Parts Company: We Double Down
Genuine Parts reported weaker Q3 results, leading to a sharp guidance cut. On a positive note, sales are normalizing, and there was an improvement in the gross margin. M&A upside, valuation discount, and growth in car fleets aging make GPC a Buy.
Genuine Parts (GPC) Reports Q3 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Genuine Parts (GPC) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Why Genuine Parts Stock Tumbled Today
Shares of the auto parts chain fell on a disappointing earnings report.
Genuine Parts Q3 Earnings Miss Estimates, Guidance Revised
GPC reports lower-than-expected third-quarter results and expects full-year overall sales growth in the range of 1-2%, down from the previous estimate of 1-3%.
Genuine Parts Company (GPC) Q3 2024 Earnings Call Transcript
Genuine Parts Company (NYSE:GPC ) Q3 2024 Earnings Conference Call October 22, 2024 8:30 AM ET Company Participants Tim Walsh - Senior Director, Investor Relations Will Stengel - President and Chief Executive Officer Bert Nappier - Executive Vice President and Chief Financial Officer Conference Call Participants Kate McShane - Goldman Sachs Scot Ciccarelli - Truist Michael Lasser - UBS Chris Horvers - JPMorgan Greg Melich - Evercore Seth Basham - Wedbush Securities Bret Jordan - Jefferies Operator Good day, ladies and gentlemen. Welcome to the Genuine Parts Company Third Quarter 2024 Earnings Conference Call.
