Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Genuine Parts Co before investing.

In this article, we go over a few key elements for understanding Genuine Parts Co’s stock price such as:

• Genuine Parts Co’s current stock price and volume
• Why Genuine Parts Co’s stock price changed recently
• Upgrades and downgrades for GPC from analysts
• GPC’s stock price momentum as measured by its relative strength

About Genuine Parts Co (GPC)

Before we jump into Genuine Parts Co’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Genuine Parts Company is a global service company specializing in the distribution of automotive and industrial replacement parts. The Company operates through two segments: Automotive Parts Group (Automotive) and Industrial Parts Group (Industrial). Automotive segment distributes replacement parts (other than body parts) for substantially all makes and models of automobiles, trucks, and other vehicles. Industrial segment distributes a wide variety of industrial bearings, mechanical and fluid power transmission equipment, including hydraulic and pneumatic products, material handling components and related parts and supplies. The Company distributes automotive parts, accessories and solutions in North America, Europe and Australasia. Its automotive businesses offer complete inventory, cataloging, marketing, training and other programs for the aftermarket in each of these regions. Its automotive network includes installers, fleet, government, and major accounts.

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Genuine Parts Co’s Stock Price as of Market Close

As of April 18, 2024, 4:00 PM, CST, Genuine Parts Co’s stock price was $160.23.

Genuine Parts Co is up 11.22% from its previous closing price of $144.07.

During the last market session, Genuine Parts Co’s stock traded between $143.71 and $145.85. Currently, there are 139.76 million shares of Genuine Parts Co stock available for purchase.

Genuine Parts Co’s price-earnings (P/E) ratio is currently at 15.4, which is high compared to the Auto, Truck & Motorcycle Parts industry median of 14.5. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Genuine Parts Co Stock Price History

Genuine Parts Co’s (GPC) price is currently up 3.42% so far this month.

During the month of April, Genuine Parts Co’s stock price has reached a high of $164.45 and a low of $143.71.

Over the last year, Genuine Parts Co has hit prices as high as $174.91 and as low as $126.35. Year to date, Genuine Parts Co’s stock is down 7.65%.

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What Caused Genuine Parts Co Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of April 17, 2024, there were 2 analysts who downgraded Genuine Parts Co’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Genuine Parts Co’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Genuine Parts Co’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Genuine Parts Co’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Genuine Parts Co (GPC) by visiting AAII Stock Evaluator.

Relative Price Strength of Genuine Parts Co

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of April 17, 2024, Genuine Parts Co has a weighted four-quarter relative price strength of -6.65%, which translates to a Momentum Score of 43 and is considered to be Average.

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Genuine Parts Co Stock Price: Bottom Line

As of April 18, 2024, Genuine Parts Co’s stock price is $160.23, which is up 11.22% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Genuine Parts Co stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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