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Stock impact report

Analyst Upgrade on Genuine Parts (GPC) Follows Planned Business Split [Yahoo! Finance]

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: Yahoo! Finance
On February 24, Raymond James upgraded its rating on Genuine Parts Co. (NYSE:GPC) to Strong Buy from Outperform, with a $145 price target attached. The investment firm said that this adjustment is based on a sum-of-the-parts valuation following the planned separation of the company's auto and industrial businesses. The analyst also said early 2026 data show a possible inflection point in industrial demand, citing stronger U.S. manufacturing production and rail traffic trends, which are likely to benefit the company. In its report, Raymond James valued the Motion industrial segment of Genuine Parts Co. (NYSE:GPC) at about 15x forward EBITDA, a discount to direct peer Applied Industrial Technologies, which trades near 17x. The firm also applied a 10x EBITDA multiple to the company's North America Auto segment, in line with competitor Advance Auto Parts, and an 8x multiple to the International Auto segment. Under those assumptions, the firm calculated a fair value of about $145 per sh Show less Read more
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