Is GPC a good stock to buy? (2024)

Is GPC a good stock to buy?

Genuine Parts Company's analyst rating consensus is a Moderate Buy. This is based on the ratings of 6 Wall Streets Analysts. How can I buy shares of GPC?

Is GPC a good dividend stock?

Genuine Parts (NYSE:GPC) is highly regarded by income investors. It is an esteemed member of the elite group of stocks known as Dividend Kings. With 68 years of consecutive dividend hikes, the automotive, replacement, and industrial parts specialty retailer boasts one of the most commendable track records.

What is the outlook for GPC?

Stock Price Forecast

The 9 analysts with 12-month price forecasts for GPC stock have an average target of 157.78, with a low estimate of 68 and a high estimate of 195. The average target predicts an increase of 3.04% from the current stock price of 153.12.

What is the target for GPC stock?

Stock Price Targets
High$167.00
Median$157.20
Low$140.00
Average$154.64
Current Price$146.11

Is GPC undervalued?

Since GPC is currently undervalued, it may be a great time to accumulate more of your holdings in the stock. With a positive outlook on the horizon, it seems like this growth has not yet been fully factored into the share price.

Is GPC a good long term investment?

Looking at cash flow, Genuine Parts is expected to report cash flow growth of 19.2% this year; GPC has generated cash flow growth of 12.5% over the past three to five years. GPC should be on investors' short lists because of its impressive growth fundamentals, a good Zacks Rank, and strong Growth and VGM Style Scores.

What are the three dividend stocks to buy and hold forever?

7 Dividend Kings to Buy and Hold Forever
StockDividend yieldDividend growth streak
Procter & Gamble Co. (PG)2.4%68 years
3M Co. (MMM)6.5%65 years
Coca-Cola Co. (KO)3.3%61 years
Johnson & Johnson (JNJ)3.2%61 years
3 more rows
6 days ago

Who owns the most GPC stock?

Our data shows that The Vanguard Group, Inc. is the largest shareholder with 13% of shares outstanding. For context, the second largest shareholder holds about 7.6% of the shares outstanding, followed by an ownership of 5.7% by the third-largest shareholder.

What is the GPC 5 year forecast?

quote is equal to 148.850 USD at 2024-04-05. Based on our forecasts, a long-term increase is expected, the "GPC" stock price prognosis for 2029-03-27 is 244.388 USD. With a 5-year investment, the revenue is expected to be around +64.18%. Your current $100 investment may be up to $164.18 in 2029.

What is the stock market forecast for GPC in 2030?

Genuine Parts stock prediction for 1 year from now: $ 121.74 (-18.21%) Genuine Parts stock forecast for 2025: $ 159.65 (6.42%) Genuine Parts stock prediction for 2030: $ 217.91 (45.26%)

How often does GPC pay dividends?

Regular payouts for GPC are paid quarterly.

What is the yield of GPC stock?

Dividend Data

Genuine Parts Company's ( GPC ) dividend yield is 2.67%, which means that for every $100 invested in the company's stock, investors would receive $2.67 in dividends per year. Genuine Parts Company's payout ratio is 40% which means that 40% of the company's earnings are paid out as dividends.

What is the long range forecast for CPG stock?

Long-Term Crescent Point Energy Stock Price Predictions
YearPredictionChange
2027$ 8.07-5.13%
2028$ 7.93-6.78%
2029$ 7.80-8.40%
2030$ 7.66-9.99%
2 more rows

What is the intrinsic value of GPC?

This GPC valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 148.85 USD, the upside of Genuine Parts Co is 1.5%. The range of the Intrinsic Value is 112.57 - 228.15 USD.

What kind of company is GPC?

Today, Genuine Parts Company is a global service organization engaged in the distribution of automotive and industrial replacement parts with more than 60,000 employees and over 10,700 locations in 17 countries across North America, Europe and Australasia.

How many shares does GPC have?

Ownership Summary
LabelValue
Institutional Ownership78.47%
Total Shares Outstanding (millions)139
Total Value of Holdings (millions)$15,906

Is GPC a buy or sell?

Out of 6 analysts, 2 (33.33%) are recommending GPC as a Strong Buy, 0 (0%) are recommending GPC as a Buy, 4 (66.67%) are recommending GPC as a Hold, 0 (0%) are recommending GPC as a Sell, and 0 (0%) are recommending GPC as a Strong Sell.

What is the longest lasting REIT?

1. Federal Realty: The king. Federal Realty has increased its dividend annually for 54 consecutive years, which it claims (and there's no reason to doubt it) is the longest streak of any publicly traded real estate investment trust (REIT).

What is the best performing REIT over the last 10 years?

St Joe (JOE) has had the highest return between April 14, 2014 and April 14, 2024 by a US stock in the REIT Industry, returning 220.6%.

What are the 7 stocks to buy and hold forever?

7 Dividend Stocks to Buy and Hold Forever
Dividend StockCurrent Dividend Yield*Analysts' Implied Upside*
Procter & Gamble Co. (PG)2.4%15.4%
Johnson & Johnson (JNJ)3.1%25.3%
Merck & Co. Inc. (MRK)2.4%10.6%
Chevron Corp. (CVX)4%30.8%
3 more rows
Apr 9, 2024

What are the top 5 dividend stocks to buy?

10 Best Dividend Stocks to Buy
  • Verizon Communications VZ.
  • Johnson & Johnson JNJ.
  • Philip Morris International PM.
  • Altria Group MO.
  • Comcast CMCSA.
  • Medtronic MDT.
  • Pioneer Natural Resources PXD.
  • Duke Energy DUK.

What's the best stock to buy and hold forever?

Most companies will have investors believe they are excellent long-term bets. That's obviously not always the case, but let's consider two solid "forever" investments that'll help you sleep easy at night: UnitedHealth Group (NYSE: UNH) and Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B).

How many employees does GPC have?

the World. We serve hundreds of thousands of customers from a network of more than 10,000 locations in 15 countries and have approximately 50,000 employees.

When did GPC go public?

Dividend Declaration

The quarterly cash dividend of $1.00 per share is payable April 1, 2024 to shareholders of record March 1, 2024. The company has paid a cash dividend every year since going public in 1948, and 2024 marks the 68th consecutive year of increased dividends paid to shareholders.

Is GPC a public company?

Founded in 1925, GPC is headquartered in Atlanta, Georgia and consists of multiple subsidiaries that distribute automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials. The company has paid a cash dividend to shareholders every year since going public in 1948.

References

Popular posts
Latest Posts
Article information

Author: Chrissy Homenick

Last Updated: 20/07/2024

Views: 5815

Rating: 4.3 / 5 (74 voted)

Reviews: 81% of readers found this page helpful

Author information

Name: Chrissy Homenick

Birthday: 2001-10-22

Address: 611 Kuhn Oval, Feltonbury, NY 02783-3818

Phone: +96619177651654

Job: Mining Representative

Hobby: amateur radio, Sculling, Knife making, Gardening, Watching movies, Gunsmithing, Video gaming

Introduction: My name is Chrissy Homenick, I am a tender, funny, determined, tender, glorious, fancy, enthusiastic person who loves writing and wants to share my knowledge and understanding with you.