Latest news with #NAPA
Yahoo
3 days ago
- Automotive
- Yahoo
Is Genuine Parts Stock Underperforming the Nasdaq?
Atlanta, Georgia-based Genuine Parts Company (GPC) is a global distributor of automotive replacement parts and industrial supplies. Valued at a market cap of $16.5 billion, the company offers a broad range of products, including brakes, batteries, fluid power equipment, and abrasives, along with value-added services such as paint mixing, hose assembly, and inventory management. Companies valued at $10 billion or more are typically classified as 'large-cap stocks,' and GPC fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, influence, and dominance within the auto parts industry. The company benefits from its diversified business model across automotive and industrial parts distribution, which provides revenue stability and resilience across economic cycles. Its flagship NAPA Auto Parts brand and Motion Industries platform give it strong market leadership in North America, while its extensive global footprint enables scale advantages and efficient supply chain management. 'It Has No Utility': Warren Buffett Doesn't Care How High Gold Goes, He Isn't a Buyer OpenAI CEO Sam Altman Says 'We Are Heading Towards a World Where AI Will Just Have Unbelievable Context on Your Life' Archer Aviation Is Betting Big on Its Fledgling Defense Business. Does That Make ACHR Stock a Buy Here? Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. This auto parts company has slipped 20.3% from its 52-week high of $149.22, reached on Aug. 1, 2024. Shares of GPC have fallen 4.1% over the past three months, lagging behind the Nasdaq Composite's ($NASX) 11.7% uptick during the same time frame. Moreover, in the longer term, GPC has declined 14.7% over the past 52 weeks, underperforming NASX's 9.4% rise over the same time frame. Nonetheless, on a YTD basis, shares of GPC are up 1.8%, outpacing NASX's 1.2% return. To confirm its bearish trend, GPC has been trading below its 200-day moving average over the past year, with minor fluctuations, and has recently started trading below its 50-day moving average. On Apr. 22, shares of GPC surged 2.8% after its Q1 earnings release. The company reported a revenue of $5.9 billion, up 1.4% year-over-year, driven by contributions from acquisitions, though partially offset by a decline in comparable sales. The top-line figure marginally surpassed the consensus estimates. Moreover, while its adjusted EPS of $1.75 fell 21.2% from the year-ago quarter, it came in 5.4% above the analyst estimates. Despite the tariffs and trade dynamics, GPC delivered a better-than-expected performance, which might have impressed the investors. Looking ahead to fiscal 2025, the company reaffirmed its guidance, forecasting sales growth of 2% to 4%, and adjusted earnings between $7.75 and $8.25 per share. GPC has lagged behind its rival, O'Reilly Automotive, Inc. (ORLY), which gained 25.4% over the past 52 weeks and 11.7% on a YTD basis. Despite GPC's recent underperformance, analysts remain moderately optimistic about its prospects. The stock has a consensus rating of "Moderate Buy' from the 11 analysts covering it, and the mean price target of $131.75 suggests a 10.8% premium to its current price levels. On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
&w=3840&q=100)
Business Standard
14-06-2025
- Politics
- Business Standard
NAPA urges immediate reopening of Kartarpur Sahib Corridor for Sikhs
Satnam Singh Chahal, the executive director of the North American Punjabi Association (NAPA), on Saturday appealed to the government of India to immediately reopen the Kartarpur Sahib Corridor, enabling Sikh pilgrims from India to visit the Darbar Sahib Gurdwara in Kartarpur, Pakistan, one of the most sacred sites in Sikhism. Chahal said Pakistan continues to keep its side of the corridor open, allowing pilgrims from around the world to visit the holy shrine. In contrast, the closure on the Indian side has left millions of Sikhs in the country disheartened, spiritually disconnected, and deeply disappointed, Chahal said. "The Kartarpur Sahib Corridor is a historic milestone symbolising peace, interfaith harmony, and the spiritual rights of Sikhs," Chahal said. Its continued closure due to political or administrative reasons is not only unjustified but deeply hurtful to the sentiments of the Sikh community. The Indian government must rise above political considerations and prioritise the emotional and religious needs of the Sikh population," he said. Chahal stressed that reopening the corridor is not merely a logistical matter, but also a sacred obligation to the community. "Kartarpur Sahib is not just a religious site; it is the spiritual heartbeat of every Sikh. Blocking access to such a sacred place is an affront to our collective faith and identity," he said. NAPA believes that reopening the corridor would not only uphold religious freedom but also foster goodwill, strengthen cross-border people-to-people ties, and promote regional peace, he said. NAPA expresses its sincere hope and confidence that the government of India will take prompt and positive action to restore access to Kartarpur Sahib for Indian Sikh devotees, ensuring they are able to fulfil their religious duties and seek spiritual solace without hindrance, Chahal said.
Yahoo
10-06-2025
- Automotive
- Yahoo
Universal Technical Institute & NAPA Announce 8th Annual "Summer Ignite" Program for Nation's High School Juniors
Three-week hands-on automotive and motorcycle repair training gives students a preview of transportation careers. PHOENIX, June 10, 2025 /PRNewswire/ -- Universal Technical Institute (UTI), the transportation, skilled trades, and energy education division of Universal Technical Institute, Inc., and NAPA, today announced the 2025 Summer Ignite program. Designed to address workforce demand, the program provides training and insight into the industry. Students who successfully pass the end-of-course exam(s) can also earn transfer credit toward a future UTI program, which helps reduce their educational costs. "As the demand for skilled technicians remains strong, and Gen Z is considering educational paths outside of a traditional four-year degree, Summer Ignite is a valuable opportunity that exposes students to hands-on, technology-driven transportation careers," said Universal Technical Institute Division President Tracy Lorenz. Since 2021, UTI and NAPA have partnered to support the future of those seeking careers in the transportation and aftermarket auto repair industries. As part of the program, NAPA is providing all Summer Ignite students with three uniform shirts free of charge. "Automotive technicians are in high demand and this profession empowers young people to take control of their career path in a meaningful way," said Emily Schneider, senior director of marketing, NAPA. "We're proud that our continued work with UTI can help solve the demand for skilled technicians and support the next generation as they consider this path." UTI alum and Comanche High School Automotive and Robotics Instructor Jeremy Oskins helped several students attend the 2024 Summer Ignite session at UTI-Austin. "The experience was transformative. They started seeing the technology and systems they'd only encountered in video games come to life in real vehicles," Oskins shared. "Thanks to Summer Ignite, their interest in the field is turning into a career path, with several enrolling at UTI this fall." Applications for the three-week-long Summer Ignite program are now open1: UTI-Austin (Texas): Session 1: June 23, 2025; Session 2: July 14, 2025 UTI-Avondale (Ariz.): Session 1: June 2, 2025; Session 2: June 23, 2025 UTI-Bloomfield (N.J.): July 14, 2025 UTI-Dallas: Session 1: June 23, 2025; Session 2: July 14, 2025 UTI-Exton (Pa.): July 14, 2025 UTI-Houston: Session 1: June 23, 2025; Session 2: July 14, 2025 UTI-Lisle (Ill.): Session 1: June 2, 2025; Session 2: June 23, 2025 UTI-Long Beach (Calif.): July 14, 2025 UTI-Miramar (Fla.): July 14, 2025 UTI-Orlando (Fla.): June 2, 2025 UTI-Rancho Cucamonga (Calif.): June 23, 2025 UTI-Sacramento (Calif.): June 23, 2025 UTI-Phoenix (Ariz.): June 9, 2025 UTI-Mooresville (N.C.): July 23, 2025 For further details or to enroll, visit About Universal Technical Institute, Technical Institute, Inc. (NYSE: UTI) was founded in 1965 and is a leading workforce solutions provider serving students, partners and communities nationwide. The company offers high-quality education and support services for in-demand careers via its two divisions: UTI and Concorde Career Colleges. The UTI division operates 15 campuses located in nine states and offers a wide range of transportation, skilled trades, electrical and energy training programs. Concorde operates across 17 campuses in eight states and online, offering programs in the allied health, dental, nursing, patient care and diagnostic fields. For more information, visit or LinkedIn at @UniversalTechnicalInstitute and @Concorde Career Colleges; or X at @news_UTI and @ConcordeCareer. ABOUT NAPA Through nearly 6,000 auto parts stores and over 16,000 auto care and collision centers in the U.S., NAPA has America's largest network of parts and care. The NAPA Network is supported by nationwide distribution centers with approximately 800,000 available parts, accessories and supplies. Widely recognized for quality parts, rapid availability and knowledgeable people, NAPA Auto Parts stores serve automotive service professionals, do-it-yourselfers and everyday drivers with quality parts, accessories and supplies to keep cars, trucks and equipment performing safely and efficiently. For more information, visit Media ContactsAlanna Vitucciavitucci@ 1 Courses offered for Summer Ignite may vary by campus location. View original content to download multimedia: SOURCE Universal Technical Institute, Inc. Sign in to access your portfolio
&w=3840&q=100)
Business Standard
24-05-2025
- Politics
- Business Standard
Diaspora body slams Punjab govt for acquiring farmland around Ludhiana
The North American Punjabi Association (NAPA), representing the Punjabi diaspora across the US, Canada, and the UK, has strongly criticised the Punjab government's decision to acquire 25,000 acres of agricultural land surrounding Ludhiana. In a statement released on Saturday (May 24), NAPA executive director Satnam Singh Chahal demanded that the Aam Aadmi Party (AAP)-led Punjab Cabinet withdraw the proposal without delay. "The move to acquire nearly all farmland within a kilometre radius of Ludhiana — one of Punjab's most fertile regions — poses a catastrophic threat to the livelihood of farmers," said Chahal. According to him, the land acquisition will impact over 150 villages and approximately 50,000 farming families in Ludhiana district. He said these families have depended on these lands for generations. 'Alarming disconnect between AAP and rural Punjab' Chahal further alleged that Punjab Finance Minister Harpal Singh Cheema played a role in influencing the decision. He claimed that the market value of agricultural land in the region is between ₹5 crore and ₹10 crore per acre, and once taken, farmers would be left without viable means to sustain themselves. "This decision reflects an alarming disconnect between the AAP leadership and the rural backbone of Punjab," Chahal said. NAPA estimates that the overall economic fallout from the land acquisition could cross ₹2 trillion, calling it one of the largest forced land transfers in recent memory in Punjab. "Punjab is already grappling with the consequences of unchecked urbanisation. This large-scale land grab will only deepen the ecological crisis," Chahal added. Diaspora plans global opposition The association has pledged to mobilise the global Punjabi community through peaceful protests, legal steps, and international awareness campaigns. NAPA has also sought an urgent meeting with Punjab Chief Minister Bhagwant Mann to voice its concerns. Meanwhile, local resistance to the land acquisition proposal is also gaining strength. On Wednesday (May 21), the Punjab chapter of the Samyukta Kisan Morcha (SKM) held a gathering in Bhanohar village, attended by farmers from nearly 30 villages. Political leaders including Dakha MLA and Shiromani Akali Dal (SAD) rebel Manpreet Singh Ayali, and Congress MLA Sukhpal Singh Khaira also joined the meeting. SAD president Sukhbir Singh Badal has begun visiting the affected villages and has announced a protest outside the Greater Ludhiana Area Development Authority (GLADA) office on May 29. Farmer organisations such as Bhartiya Kisan Union Dakaunda have declared their opposition to the acquisition, warning that it threatens their land rights and livelihoods. NAPA's broader advocacy This is not the first time NAPA has taken up issues affecting Punjab. In February this year, the organisation urged the state government to create a rehabilitation fund for young people deported from the United States. This followed the arrival of a US military aircraft at Amritsar airport carrying undocumented immigrants from Punjab and neighbouring states. Earlier, NAPA also appealed to the Centre to officially grant 'martyr' status to freedom fighters Bhagat Singh, Rajguru and Sukhdev. Notably, NAPA describes itself as a global organisation -- with chapters in USA,Canada and United Kingdom -- working to serve and empower the Indian diaspora across continents.
Yahoo
24-05-2025
- Automotive
- Yahoo
Ron Capps Shares His Passion for Racing—and Hawaii
Ron Capps, one of the most recognized names in NHRA drag racing, has enjoyed a long and successful career fueled by speed, passion, and a strong connection to his sponsors and fans. A key part of that journey has been his relationship with NAPA Auto Parts, which has backed him for many years. 'NAPA has been with me through so many chapters of my racing life,' Capps says. 'They're more than a sponsor—they're family.' he told John Veneri in an interview on Living808. In 2021, Capps took a bold step and launched his own team, Ron Capps Motorsports. 'Starting my own team was a dream come true,' he shares. 'It's been a lot of work, but incredibly rewarding.' His website, details the team's accomplishments and the vision that drives them forward. Beyond the track, Capps has formed a deep bond with Hawaii. 'I've been coming to the islands for over a decade,' he says. 'Whether it's making appearances at NAPA stores or visiting local tracks, I've always felt the aloha spirit from fans here.' As for racing, Capps describes the thrill of hitting speeds over 330 mph as 'something you never quite get used to—it's an adrenaline rush every time.' Preparation is key, both mentally and physically. 'Staying focused, staying fit, and respecting the car—that's how you stay safe and competitive.' Looking ahead, Capps is focused on climbing the NHRA standings and adding more championships to his resume. 'I still have goals I want to chase, records to break. And I hope to keep sharing that journey with fans—especially in Hawaii.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
