In today’s [GPC | Genuine Parts Co. | Quick Take] video ๐ฅ, we’re going to be taking a look at GPC (Genuine Parts Company) and analyzing its recent performance and future prospects. GPC has been in the news lately due to a big earnings miss, so we’re going to dive into its financials, technicals, and the overall state of the auto parts industry.
First, let’s take a look at their recent earnings report. As we can see, GPC reported a profit, but it was a big miss on EPS (expected 240, reported 180). However, they did beat slightly on revenue. This earnings miss has caused the stock to plummet, down about 20-21% in just one day. This is a significant drop, and it looks like the stock may have more downside potential.
Now, let’s take a look at GPC’s fundamentals. Their PE ratio is currently at 15, which is not too bad. They are profitable, but they do have high debt and a low short float. In terms of balance between outstanding and float, it’s pretty good,
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๐ CHAPTERS ๐
00:00 – GPC | Genuine Parts Co.
06:41 – BeachBum Trading Sites
07:29 – Discord Invite
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๐ฝ REFERENCES ๐ฝ
๐ GPC – Genuine Parts Co. – Home Page ๐ http://www.genpt.com/
๐ Profile of Genuine Parts Co. (GPC) stock | ChartMill.com ๐ https://www.chartmill.com/stock/quote/GPC?a=152324
๐ GPC Genuine Parts Co. Stock Quote ๐ https://finviz.com/quote.ashx?a=311864277&t=GPC
๐ Genuine Parts Co. (GPC) Stock Price Today, Quote & News | Seeking Alpha ๐ https://seekingalpha.com/symbol/GPC
๐ Weekly Trading Game Plan Notes for 10/28 โ 11/1/24 – Part 2 ๐ https://docs.google.com/document/d/1EraHHLR68NhAkXrQyVbYeIh2T-QY2Z8hfQ1llkGU5qQ/edit?usp=sharing
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#GPC #genuineparts #duediligence
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