Headlines about Group 1 Automotive (NYSE:GPI) have trended somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Group 1 Automotive earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media stories about the company an impact score of 45.8424453843955 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media stories that may have impacted Accern’s scoring:
- Group 1 plans $500 bonus (autonews.com)
- Group 1 Automotive to pay employee bonuses amid tax cut benefits (houstonchronicle.com)
- Form 4 GROUP 1 AUTOMOTIVE INC For: Jan 10 Filed by: HESTERBERG EARL J (streetinsider.com)
- Group 1 Automotive, Inc. (GPI) CEO Sells $3,175,600.00 in Stock (americanbankingnews.com)
- Group 1 Automotive Awards Bonus to U.S. Dealership Employees (prnewswire.com)
Several analysts have recently weighed in on the stock. Buckingham Research upgraded shares of Group 1 Automotive from a “neutral” rating to a “buy” rating and set a $89.00 target price on the stock in a research report on Friday, January 5th. Zacks Investment Research upgraded shares of Group 1 Automotive from a “sell” rating to a “hold” rating in a research report on Tuesday, October 17th. Stephens restated an “equal weight” rating and issued a $87.00 price target (up from $83.00) on shares of Group 1 Automotive in a research report on Wednesday, October 4th. KeyCorp restated a “hold” rating on shares of Group 1 Automotive in a research report on Wednesday, October 4th. Finally, Wells Fargo & Co boosted their price target on shares of Group 1 Automotive from $65.00 to $85.00 and gave the company a “market perform” rating in a research report on Monday, October 30th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $79.50.
Group 1 Automotive (NYSE GPI) opened at $82.47 on Monday. The company has a market cap of $1,720.24, a PE ratio of 13.11, a price-to-earnings-growth ratio of 1.44 and a beta of 1.69. Group 1 Automotive has a 12-month low of $51.62 and a 12-month high of $84.47. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.05 and a quick ratio of 0.27.
Group 1 Automotive (NYSE:GPI) last released its quarterly earnings results on Thursday, October 26th. The company reported $2.23 EPS for the quarter, beating the Zacks’ consensus estimate of $1.76 by $0.47. The firm had revenue of $3.01 billion for the quarter, compared to analyst estimates of $2.80 billion. Group 1 Automotive had a net margin of 1.20% and a return on equity of 15.69%. The company’s revenue for the quarter was up 6.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.96 earnings per share. equities research analysts predict that Group 1 Automotive will post 7.53 EPS for the current year.
In other news, VP Peter C. Delongchamps sold 884 shares of the company’s stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $81.10, for a total transaction of $71,692.40. Following the transaction, the vice president now directly owns 40,812 shares in the company, valued at $3,309,853.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Earl J. Hesterberg sold 2,000 shares of the company’s stock in a transaction that occurred on Saturday, December 29th. The stock was sold at an average price of $72.38, for a total transaction of $144,760.00. Following the transaction, the chief executive officer now owns 139,065 shares in the company, valued at $10,065,524.70. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 195,573 shares of company stock worth $15,210,432. Company insiders own 6.08% of the company’s stock.
Group 1 Automotive Company Profile
Group 1 Automotive, Inc is an operator in the automotive retail industry. The Company, through its dealerships, sells new and used cars and light trucks; arranges related vehicle financing; sells service and insurance contracts; provides automotive maintenance and repair services, and sells vehicle parts.
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