Is Genuine Parts (GPC) Now Attractively Priced After Recent Share Price Weakness
- If you are wondering whether Genuine Parts shares are now attractively priced or still expensive, this article walks through what the current market price might be implying about the company’s value.
- The stock recently closed at US$118.82, with a 5.5% decline over 7 days, a 13.7% decline over 30 days and a 4.2% decline year to date. The 1 year return is a 0.4% decline and the 3 year return is a 26.8% decline, compared to a 24.8% gain over 5 years.
- Recent news coverage has focused on Genuine Parts as a long established distributor in the automotive and industrial parts space, often highlighting its role as a key supplier for repair shops and industrial customers. Commentary has also discussed how its business model can be sensitive to…
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