How to Buy Genuine Parts Co Stock
Genuine Parts Co
Genuine Parts Co is a retail company located in Georgia, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker GPC on the NYSE exchange.
Genuine Parts Co stock last closed at $134.99, down 1.25% from the previous day, and has decreased 7.98% in one year. It has underperformed other stocks in the Specialty Retail industry by 0.21 percentage points. Genuine Parts Co stock is currently +6.84% from its 52-week low of $126.35, and -17.91% from its 52-week high of $164.45.
As of Oct 7, 2024, there are 139.32M shares of GPC outstanding. The market cap of GPC is $18.81B. In the last 24 hours, 606,184 GPC shares were traded.
How to Buy Genuine Parts Co Stock
Not sure how to invest in Genuine Parts Co stock? Here's how.
- Choose where to buy Genuine Parts Co stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you decide where to buy Genuine Parts Co stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your investment account: Choose your method of payment and add your information.
- Evaluate Genuine Parts Co stock: The Genuine Parts Co ticker symbol is GPC. Is Genuine Parts Co stock a good investment? Should you buy shares of GPC? How do GPC's underlying business fundamentals look? Do top analysts think Genuine Parts Co is a good buy? Why has GPC's stock price moved recently? (Hint: Our stock research tools can help you understand if GPC is a good stock to buy).
- Place your GPC buy order: Decide if you will purchase GPC shares at the current market price or use a limit order to purchase GPC shares at a particular price.
- Keep tabs on your GPC position: Create a watchlist to important notifications about your position in Genuine Parts Co stock.
Step 1: Choose where to buy Genuine Parts Co stock
You need a brokerage account to access the NYSE market and buy GPC shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal details so you can buy GPC today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open your new trading account.
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Step 3: Fund your investment account
Now that you have opened your account on the best stock market app for beginners, you need to deposit funds:
Check out the walkthrough below for more details depositing money into your new investment account.
Step 4: Evaluate Genuine Parts Co stock
After you have figured out the best place to buy Genuine Parts Co stock, it's absolutely critical to analyze their stock before you invest, so you truly wrap your head around the risk as well as the upside.
Genuine Parts Co Metrics
GPC Overview
WallStreetZen was built to help everyday investors perform more accurate fundamental analysis.
You can view all of the due diligence checks on GPC's stock page.
How is GPC stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge GPC's intrinsic value.
Using relative valuations measures:
- GPC could be undervalued based on its P/E ratio of 15.55x, relative to Specialty Retail industry P/E ratio of 26.88x
- GPC may be undervalued based on its P/B ratio of 4.14x, relative to Specialty Retail industry P/B ratio of 9.83x
- GPC could be overvalued based on its PEG ratio of 2.1x
You can do more valuation analysis on GPC's stock here.
A quick look at GPC Financials
Signs that GPC is financially healthy:
- GPC's operating cash flow of $1.59B allows it to safely service it's debt of $5.20B.
- GPC earnings of $1.67B is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the GPC balance sheet.
- There are more short-term assets than long-term liabilities on the GPC balance sheet.
Signs that GPC is not financially healthy:
- GPC has a relatively high debt to equity ratio of 3.15.
- GPC profit margin has gone down from 5.3% to 5.2% in the past year.
- Total GPC debt is higher than 5 years ago, relative to shareholder equity.
Do Wall Street analysts think it's a good time to buy GPC stock
Out of 6 Wall Street analysts who monitor GPC, the consensus analyst rating on GPC is a Hold
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Latest GPC Analyst Upgrades/Downgrades
Bret Jordan, a top 35% analyst from Jefferies maintains GPC with a hold rating and raises their GPC price target from $150.00 to $170.00, on Apr 19, 2024.
You can dive deeper into what analysts are projecting on the Genuine Parts Co stock forecast page.
Metrics for Advanced GPC Traders
How are GPC Revenues/Earnings doing?
Last year, GPC earnings were $1.21B. In the last five year, GPC's earnings have increased by 10.33% per year. This was slower than the Specialty Retail industry average of 17.96%.
Last year, GPC revenue was $23.16B. Over the past five year, GPC's revenue has grown by 6.86% per year. This was slower than the Specialty Retail industry average of 9.49%.
You can research GPC's earnings and revenue performance here.
Are GPC executives and large shareholders buying or selling the stock?
Over the past 12 months, insiders at GPC have sold more shares than they have bought.
Wendy B. Needham, Director of GPC, was the latest GPC insider to sell. They sold $453,870.00 worth of GPC shares on May 21, 2024.
Research more about who owns GPC stock here.
Does GPC provide a stable income stream?
Genuine Parts Co pays a dividend of 2.19%, compared to the Specialty Retail industry's average dividend yield of 2.65%. If you owned $1,000 of GPC stock, you would have been paid $21.85 in the past 12 months.
Genuine Parts Co dividend payments have consistently grown over the past decade and have remained stable.
Dig into more data about Genuine Parts Co dividend yield and history here.
GPC Social Trading Data
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Step 5: Place your GPC buy order
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually fine for most investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific dollar amount, place a limit order.
Click the Open button and eToro will place your order.
If you require additional info about buying stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your GPC position
Now that you own some GPC shares, you'll want to keep up with your new investment.
Start a watchlist to track the latest developments regarding your GPC stock.
GPC Feed
How to Buy Stock in Genuine Parts Co
To summarize, here are the 6 steps for buying Genuine Parts Co stock:
- Choose where to buy Genuine Parts Co stock
- Open your brokerage account
- Fund your investment account
- Evaluate Genuine Parts Co stock
- Place your GPC buy order
- Keep tabs on your GPC position
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to track your new investment in Genuine Parts Co, create a watchlist on WallStreetZen today.
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