Genuine Parts (GPC) has disclosed a new risk, in the Sales & Marketing category.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Genuine Parts faces significant business risks due to potential bankruptcy or insolvency of key customers or vendors, which could disrupt their operations and supply chain. The company’s reliance on these relationships means that any financial failure could lead to delays, increased costs, and challenges in sourcing replacement goods. Such events may also impact Genuine Parts’ ability to collect receivables, generate sales, and maintain cash flow, ultimately affecting their revenue and financial condition. The company’s brand and operating results could suffer from reduced sales, price cuts, and increased product returns, highlighting the critical nature of managing these financial dependencies.
Overall, Wall Street has a Strong Buy consensus rating on GPC stock based on 3 Buys and 1 Hold.
To learn more about Genuine Parts’ risk factors, click here.