NEW YORK (
) hit a new 52-week high Wednesday as it is currently trading at $63.80, above its previous 52-week high of $63.65 with 520,631 shares traded as of 3:20 p.m. ET. Average volume has been 916,800 shares over the past 30 days.
Genuine Parts has a market cap of $9.76 billion and is part of the
industry. Shares are up 2.8% year to date as of the close of trading on Tuesday.
Genuine Parts Company distributes automotive replacement parts, industrial replacement parts, office products, and electrical/electronic materials in the United States, Puerto Rico, Canada, and Mexico. The company has a P/E ratio of 18.1, equal to the average wholesale industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Genuine Parts as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, revenue growth, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full
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