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Stock impact report

Genuine Parts Company: We Double Down [Seeking Alpha]

Genuine Parts Company (GPC) 
Last genuine parts company earnings: 2/19 08:40 am Check Earnings Report
US:NYSE Investor Relations: genuineparts.investorroom.com
Company Research Source: Seeking Alpha
Summary Genuine Parts reported weaker Q3 results, leading to a sharp guidance cut. On a positive note, sales are normalizing, and there was an improvement in the gross margin. M&A upside, valuation discount, and growth in car fleets aging make GPC a Buy. sturti/E+ via Getty Images Genuine Parts ( NYSE: GPC ) just released its Q3 results, and given a lower outlook and a minus 19% in stock price performance in a single trading session, we are back to comment on our long-term position. This negative outcome is This article was written by Mare Evidence Lab 5.47K Follower s Follow Buy-side hedge professionals conducting fundamental, income oriented, long term analysis across sectors globally in developed markets. Please shoot us a message or leave a comment to discuss ideas.DISCLOSURE: All of our articles are a matter of opinion, informed as they might be, and must be treated as such. We take no responsibility for your investments but wish you best of luck. Show more Show less Read more
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