Auto and industrial parts retailer Genuine Parts (NYSE:GPC) beat Wall Street’s revenue expectations in Q1 CY2025, with sales up 1.4% year on year to $5.87 billion. Its non-GAAP profit of $1.75 per share was 3.9% above analysts’ consensus estimates.
Many investors pay attention to mid-cap stocks because they have established business models and expansive market opportunities.
However, their paths to becoming $100 billion corporations are ripe with competition, ranging from giants with vast resources to agile upstarts eager to disrupt the status quo.
Genuine Parts stock is up slightly after a solid earnings report,, but tariff concerns overhang the company's forecast; valuation and dividend add appeal
Genuine Parts Co (NYSE: GPC) reported 1.4% revenue growth, driven by acquisitions and beating estimates. CEO remains focused on customer service and strategic initiatives.
Auto and industrial parts retailer Genuine Parts (NYSE:GPC) beat Wall Street’s revenue expectations in Q1 CY2025, with sales up 1.4% year on year to $5.87 billion. Its non-GAAP profit of $1.75 per share was 4.2% above analysts’ consensus estimates.
Genuine Parts has gotten torched over the last six months - since October 2024, its stock price has dropped 22.6% to a new 52-week low of $103.50 per share. This may have investors wondering how to approach the situation.
Let's delve into the developments on the US markets in the middle of the day on Monday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
Goldman Sachs downgrades Genuine Parts to "Sell" due to market challenges, while upgrading AutoZone to "Neutral" amid improved performance and strong market positioning.
