Genuine Parts Mid-Term Performance Review
Genuine Parts, a leading distributor of automotive and industrial products, has exhibited a stable price trajectory over the past year. The stock’s 52-week high of $149.22 USD in July 2024 and current price of $123.89 USD indicate a decline of 17.1% from the high.
Key Performance Indicators
- Price-to-earnings ratio: 20.29
- Price-to-book ratio: 3.85
- 52-week high: $149.22 USD (July 2024)
- 52-week low: $104.01 USD (April 2025)
Market Analysis
The stock’s price decline from the 52-week high suggests a moderate correction in the market. The price-to-earnings and price-to-book ratios indicate a relatively high valuation, which may be a factor in the stock’s decline.