Genuine Parts traded at $113.88 this Tuesday July 21st, decreasing $8.52 or 6.96 percent since the previous trading session. Looking back, over the last four weeks, Genuine Parts lost 8.34 percent. Over the last 12 months, its price fell by 14.58 percent. Looking ahead, we forecast Genuine Parts to be priced at 122.20 by the end of this quarter and at 114.66 in one year, according to Trading Economics global macro models projections and analysts expectations.
Genuine Parts Company is a service company engaged in the distribution of automotive and industrial replacement parts. The Company operates through two segments: Automotive Parts and Industrial Parts. The Automotive Parts segment distributes replacement parts (other than body parts) for substantially all makes and models of automobiles, trucks, and other vehicles. The Industrial Parts segment distributes a variety of industrial bearings, mechanical and fluid power transmission equipment, including hydraulic and pneumatic products, material handling components and related parts and supplies. The Company's Automotive Parts Group operates in the United States, Canada, Mexico, France, the United Kingdom, Germany, Poland, the Netherlands, Belgium, Australia, and New Zealand. Its Industrial Parts Group operated in the United States, Canada, Mexico, Australia, New Zealand, Indonesia, and Singapore.