Genuine Parts Company Reports First Quarter 2024 Results and Updates Full-Year Outlook

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Go back to Genuine Parts Company Reports First Quarter 2024 Results and Updates Full-Year Outlook

Genuine Parts (GPC) PT Raised to $180 at CFRA

April 18, 2024 10:41 AM EDT

CFRA analyst Garrett Nelson raised the price target on Genuine Parts (NYSE: GPC) to $180.00 (from $160.00) while maintaining a Buy rating.

The analyst comments "We raise our 12-month target by $20 to $180, based on a 2025 P/E of 16.7x, a discount to GPC's... More

Genuine Parts (GPC) Tops Q1 EPS by 5c, Offers Guidance

April 18, 2024 6:57 AM EDT

Genuine Parts (NYSE: GPC) reported Q1 EPS of $2.22, $0.05 better than the analyst estimate of $2.17. Revenue for the quarter came in at $5.8 billion versus the consensus estimate of $5.84 billion.

GUIDANCE:

Genuine Parts sees FY2024 EPS of $9.80-$9.95, versus the consensus of... More