Genuine Parts Net Worth

Genuine Parts Net Worth Breakdown

  GPC
The net worth of Genuine Parts Co is the difference between its total assets and liabilities. Genuine Parts' net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Genuine Parts' assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Genuine Parts' net worth can be used as a measure of its financial health and stability which can help investors to decide if Genuine Parts is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Genuine Parts Co stock.

Genuine Parts Net Worth Analysis

Genuine Parts' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Genuine Parts' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Genuine Parts' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Genuine Parts' net worth analysis. One common approach is to calculate Genuine Parts' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Genuine Parts' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Genuine Parts' net worth. This approach calculates the present value of Genuine Parts' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Genuine Parts' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Genuine Parts' net worth. This involves comparing Genuine Parts' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Genuine Parts' net worth relative to its peers.

Enterprise Value

16.05 Billion

To determine if Genuine Parts is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Genuine Parts' net worth research are outlined below:
Over 80.0% of the company shares are owned by institutional investors
On 1st of April 2024 Genuine Parts paid $ 1.0 per share dividend to its current shareholders
Latest headline from investorplace.com: Inflation Is Not Going Away. 2 Stocks That Will Thrive, 1 That Will Dive
Genuine Parts uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Genuine Parts Co. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Genuine Parts' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
15th of February 2024
Upcoming Quarterly Report
View
18th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
15th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Genuine Parts Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Genuine target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Genuine Parts' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   14  Buy
Most Genuine analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Genuine stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Genuine Parts, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Genuine Parts Target Price Projection

Genuine Parts' current and average target prices are 159.93 and 156.55, respectively. The current price of Genuine Parts is the price at which Genuine Parts Co is currently trading. On the other hand, Genuine Parts' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Genuine Parts Market Quote on 27th of April 2024

Low Price159.82Odds
High Price162.14Odds

159.93

Target Price

Analyst Consensus On Genuine Parts Target Price

Low Estimate142.46Odds
High Estimate173.77Odds

156.55

Historical Lowest Forecast  142.46 Target Price  156.55 Highest Forecast  173.77
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Genuine Parts Co and the information provided on this page.

Know Genuine Parts' Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Genuine Parts is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Genuine Parts Co backward and forwards among themselves. Genuine Parts' institutional investor refers to the entity that pools money to purchase Genuine Parts' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Bb&t Corp.2023-12-31
1.6 M
Norges Bank2023-12-31
1.6 M
Jpmorgan Chase & Co2023-12-31
1.4 M
Goldman Sachs Group Inc2023-12-31
1.4 M
Northern Trust Corp2023-12-31
1.4 M
Bank Of New York Mellon Corp2023-12-31
1.3 M
Proshare Advisors Llc2023-12-31
1.2 M
Legal & General Group Plc2023-12-31
1.2 M
Royal Bank Of Canada2023-12-31
1.2 M
Vanguard Group Inc2023-12-31
17.5 M
Blackrock Inc2023-12-31
10.6 M
Note, although Genuine Parts' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Genuine Parts' market capitalization trends

The company currently falls under 'Large-Cap' category with a total capitalization of 22.54 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Genuine Parts's market, we take the total number of its shares issued and multiply it by Genuine Parts's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Market Cap

13.71 Billion

Project Genuine Parts' profitablity

Genuine Parts' profitability indicators refer to fundamental financial ratios that showcase Genuine Parts' ability to generate income relative to its revenue or operating costs. If, let's say, Genuine Parts is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Genuine Parts' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Genuine Parts' profitability requires more research than a typical breakdown of Genuine Parts' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.1  0.11 
Return On Capital Employed 0.17  0.25 
Return On Assets 0.07  0.11 
Return On Equity 0.30  0.31 
The company has Net Profit Margin of 0.05 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.07 %, which entails that for every 100 dollars of revenue, it generated $0.07 of operating income.
When accessing Genuine Parts' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Genuine Parts' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Genuine Parts' profitability and make more informed investment decisions.
The data published in Genuine Parts' official financial statements usually reflect Genuine Parts' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Genuine Parts. For example, before you start analyzing numbers published by Genuine accountants, it's critical to develop an understanding of what Genuine Parts' liquidity, profitability, and earnings quality are in the context of the Distributors space in which it operates.
Please note, the presentation of Genuine Parts' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Genuine Parts' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Genuine Parts' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Genuine Parts Co. Please utilize our Beneish M Score to check the likelihood of Genuine Parts' management manipulating its earnings.

Evaluate Genuine Parts' management efficiency

Genuine Parts has Return on Asset of 0.0636 % which means that on every $100 spent on assets, it made $0.0636 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.3019 %, implying that it generated $0.3019 on every 100 dollars invested. Genuine Parts' management efficiency ratios could be used to measure how well Genuine Parts manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.11. The current year's Return On Capital Employed is expected to grow to 0.25. At present, Genuine Parts' Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 997 M, whereas Intangible Assets are forecasted to decline to about 907.1 M.
Last ReportedProjected for Next Year
Book Value Per Share 31.35  32.92 
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
Tangible Book Value Per Share(0.79)(0.75)
Enterprise Value Over EBITDA 11.07  8.14 
Price Book Value Ratio 4.42  2.74 
Enterprise Value Multiple 11.07  8.14 
Price Fair Value 4.42  2.74 
Enterprise Value15.3 B16.1 B
The analysis of Genuine Parts' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Genuine Parts' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Genuine Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Enterprise Value Revenue
1.0417
Revenue
23.1 B
Quarterly Revenue Growth
0.003
Revenue Per Share
165.038
Return On Equity
0.3019
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Genuine Parts insiders, such as employees or executives, is commonly permitted as long as it does not rely on Genuine Parts' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Genuine Parts insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Genuine Parts Corporate Filings

8K
18th of April 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
3rd of April 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
1st of March 2024
Other Reports
ViewVerify
10K
22nd of February 2024
Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance
ViewVerify
Genuine Parts time-series forecasting models is one of many Genuine Parts' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Genuine Parts' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Genuine Parts Earnings Estimation Breakdown

The calculation of Genuine Parts' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Genuine Parts is estimated to be 2.59 with the future projection ranging from a low of 2.52 to a high of 2.72. Please be aware that this consensus of annual earnings estimates for Genuine Parts Co is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
2.22
2.52
Lowest
Expected EPS
2.59
2.72
Highest

Genuine Parts Earnings Projection Consensus

Suppose the current estimates of Genuine Parts' value are higher than the current market price of the Genuine Parts stock. In this case, investors may conclude that Genuine Parts is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Genuine Parts' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 30th of June 2024Current EPS (TTM)
1294.72%
2.22
2.59
8.96

Genuine Parts Earnings History

Earnings estimate consensus by Genuine Parts analysts from Wall Street is used by the market to judge Genuine Parts' stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Genuine Parts' upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Genuine Parts Quarterly Gross Profit

2.07 Billion

The current year's Price Earnings To Growth Ratio is expected to grow to 2.18, whereas Retained Earnings are forecasted to decline to about 2.8 B. The current year's Net Income Applicable To Common Shares is expected to grow to about 1.4 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 133.3 M.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Genuine Parts' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
159.12160.84162.56
Details
Intrinsic
Valuation
LowRealHigh
143.94170.22171.94
Details
14 Analysts
Consensus
LowTargetHigh
142.46156.55173.77
Details
Earnings
Estimates (0)
LowProjected EPSHigh
2.522.592.72
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Genuine Parts. Your research has to be compared to or analyzed against Genuine Parts' peers to derive any actionable benefits. When done correctly, Genuine Parts' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Genuine Parts. Note that many institutional investors and large investment bankers can move markets due to the volume of Genuine assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Genuine Parts. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Genuine Parts' stock price in the short term.

Genuine Parts Earnings per Share Projection vs Actual

Actual Earning per Share of Genuine Parts refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Genuine Parts Co predict the company's earnings will be in the future. The higher the earnings per share of Genuine Parts, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Genuine Parts Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Genuine Parts, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Genuine Parts should always be considered in relation to other companies to make a more educated investment decision.

Genuine Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Genuine Parts' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-04-29
2024-03-312.162.220.06
2024-03-14
2023-12-312.192.260.07
2023-10-19
2023-09-302.42.490.09
2023-07-20
2023-06-302.342.440.1
2023-04-20
2023-03-312.032.140.11
2023-02-23
2022-12-311.892.050.16
2022-10-20
2022-09-302.052.230.18
2022-07-27
2022-06-302.032.20.17
2022-04-21
2022-03-311.671.860.1911 
2022-02-17
2021-12-311.61.790.1911 
2021-10-21
2021-09-301.641.880.2414 
2021-07-22
2021-06-301.541.740.212 
2021-04-22
2021-03-311.151.50.3530 
2021-02-17
2020-12-311.351.520.1712 
2020-10-22
2020-09-301.41.630.2316 
2020-07-30
2020-06-300.931.320.3941 
2020-05-06
2020-03-311.070.92-0.1514 
2020-02-19
2019-12-311.31.350.05
2019-10-17
2019-09-301.471.50.03
2019-07-18
2019-06-301.651.57-0.08
2019-04-18
2019-03-311.31.28-0.02
2019-02-19
2018-12-311.311.350.04
2018-10-18
2018-09-301.481.480.0
2018-07-19
2018-06-301.581.590.01
2018-04-19
2018-03-311.311.27-0.04
2018-02-20
2017-12-311.091.120.03
2017-10-19
2017-09-301.281.16-0.12
2017-07-20
2017-06-301.311.29-0.02
2017-04-19
2017-03-311.051.080.03
2017-02-21
2016-12-311.011.020.01
2016-10-19
2016-09-301.281.24-0.04
2016-07-19
2016-06-301.291.28-0.01
2016-04-19
2016-03-311.031.050.02
2016-02-16
2015-12-311.011.070.06
2015-10-19
2015-09-301.231.240.01
2015-07-20
2015-06-301.321.28-0.04
2015-04-21
2015-03-311.051.050.0
2015-02-17
2014-12-311.061.070.01
2014-10-20
2014-09-301.241.240.0
2014-07-21
2014-06-301.261.280.02
2014-04-22
2014-03-311.021.020.0
2014-02-18
2013-12-310.930.970.04
2013-10-18
2013-09-301.191.12-0.07
2013-07-18
2013-06-301.211.17-0.04
2013-04-19
2013-03-310.990.93-0.06
2013-02-19
2012-12-310.931.030.110 
2012-10-18
2012-09-301.121.11-0.01
2012-07-19
2012-06-301.081.080.0
2012-04-19
2012-03-310.870.930.06
2012-02-21
2011-12-310.830.860.03
2011-10-18
2011-09-300.940.970.03
2011-07-15
2011-06-300.890.960.07
2011-04-15
2011-03-310.750.80.05
2011-02-22
2010-12-310.70.750.05
2010-10-15
2010-09-300.760.830.07
2010-07-16
2010-06-300.710.780.07
2010-04-16
2010-03-310.610.630.02
2010-02-16
2009-12-310.50.620.1224 
2009-10-16
2009-09-300.650.670.02
2009-07-16
2009-06-300.620.650.03
2009-04-16
2009-03-310.490.560.0714 
2009-02-17
2008-12-310.560.55-0.01
2008-10-17
2008-09-300.780.810.03
2008-07-17
2008-06-300.790.810.02
2008-04-17
2008-03-310.750.750.0
2008-02-19
2007-12-310.760.75-0.01
2007-10-18
2007-09-300.770.76-0.01
2007-07-19
2007-06-300.760.760.0
2007-04-19
2007-03-310.720.71-0.01
2007-02-20
2006-12-310.690.70.01
2006-10-18
2006-09-300.70.710.01
2006-07-19
2006-06-300.690.70.01
2006-04-17
2006-03-310.660.660.0
2006-02-21
2005-12-310.620.630.01
2005-10-18
2005-09-300.610.630.02
2005-07-19
2005-06-300.620.630.01
2005-04-15
2005-03-310.610.610.0
2005-02-22
2004-12-310.540.550.01
2004-10-15
2004-09-300.560.560.0
2004-07-15
2004-06-300.570.580.01
2004-04-15
2004-03-310.540.570.03
2004-02-17
2003-12-310.50.50.0
2003-10-16
2003-09-300.510.510.0
2003-07-17
2003-06-300.560.52-0.04
2003-04-17
2003-03-310.520.51-0.01
2003-02-18
2002-12-310.520.520.0
2002-10-17
2002-09-300.550.54-0.01
2002-07-18
2002-06-300.550.550.0
2002-04-16
2002-03-310.50.50.0
2002-02-19
2001-12-310.510.510.0
2001-10-17
2001-09-300.530.51-0.02
2001-07-18
2001-06-300.550.550.0
2001-04-17
2001-03-310.530.52-0.01
2001-02-20
2000-12-310.610.610.0
2000-10-18
2000-09-300.540.53-0.01
2000-07-19
2000-06-300.550.550.0
2000-04-18
2000-03-310.510.520.01
2000-02-22
1999-12-310.610.610.0
1999-10-20
1999-09-300.510.510.0
1999-07-21
1999-06-300.510.520.01
1999-04-20
1999-03-310.470.480.01
1999-02-16
1998-12-310.570.580.01
1998-10-21
1998-09-300.490.48-0.01
1998-07-22
1998-06-300.480.480.0
1998-04-21
1998-03-310.450.450.0
1998-02-17
1997-12-310.540.550.01
1997-10-22
1997-09-300.480.47-0.01
1997-07-22
1997-06-300.470.470.0
1997-04-22
1997-03-310.430.430.0
1997-02-18
1996-12-310.520.520.0
1996-10-17
1996-09-300.460.45-0.01
1996-07-18
1996-06-300.450.450.0
1996-04-18
1996-03-310.410.410.0
1996-02-19
1995-12-310.480.480.0
1995-10-18
1995-09-300.420.420.0

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Genuine Parts Corporate Directors

Genuine Parts corporate directors refer to members of a Genuine Parts board of directors. The board of directors generally takes responsibility for the Genuine Parts' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Genuine Parts' board members must vote for the resolution. The Genuine Parts board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Robert LoudermilkIndependent DirectorProfile
John JohnsLead Independent DirectorProfile
Donna HylandIndependent DirectorProfile
Elizabeth CampIndependent DirectorProfile

How to buy Genuine Stock?

The net worth of Genuine Parts Co is the difference between its total assets and liabilities. Genuine Parts' net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Genuine Parts' assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Genuine Parts' net worth can be used as a measure of its financial health and stability which can help investors to decide if Genuine Parts is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Genuine Parts Co stock.

Already Invested in Genuine Parts Co?

The danger of trading Genuine Parts Co is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Genuine Parts is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Genuine Parts. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Genuine Parts is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Genuine Parts offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Genuine Parts' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Genuine Parts Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Genuine Parts Co Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genuine Parts Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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When running Genuine Parts' price analysis, check to measure Genuine Parts' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Genuine Parts is operating at the current time. Most of Genuine Parts' value examination focuses on studying past and present price action to predict the probability of Genuine Parts' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genuine Parts' price. Additionally, you may evaluate how the addition of Genuine Parts to your portfolios can decrease your overall portfolio volatility.
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Is Genuine Parts' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genuine Parts. If investors know Genuine will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genuine Parts listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.17)
Dividend Share
3.85
Earnings Share
8.96
Revenue Per Share
165.038
Quarterly Revenue Growth
0.003
The market value of Genuine Parts is measured differently than its book value, which is the value of Genuine that is recorded on the company's balance sheet. Investors also form their own opinion of Genuine Parts' value that differs from its market value or its book value, called intrinsic value, which is Genuine Parts' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genuine Parts' market value can be influenced by many factors that don't directly affect Genuine Parts' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Genuine Parts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Genuine Parts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genuine Parts' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.