Wall Street brokerages predict that GP Strategies Corp (NYSE:GPX) will announce sales of $127.97 million for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for GP Strategies’ earnings. The lowest sales estimate is $127.00 million and the highest is $128.96 million. GP Strategies reported sales of $124.10 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 3.1%. The company is scheduled to announce its next quarterly earnings report on Thursday, November 1st.

According to Zacks, analysts expect that GP Strategies will report full-year sales of $523.85 million for the current fiscal year, with estimates ranging from $520.72 million to $525.87 million. For the next financial year, analysts expect that the company will post sales of $552.07 million per share, with estimates ranging from $545.00 million to $561.00 million. Zacks’ sales averages are an average based on a survey of sell-side research firms that cover GP Strategies.

GP Strategies (NYSE:GPX) last issued its quarterly earnings results on Tuesday, July 31st. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.21 by $0.13. GP Strategies had a net margin of 1.78% and a return on equity of 11.06%. The firm had revenue of $133.69 million during the quarter, compared to analyst estimates of $134.50 million.

Several brokerages recently commented on GPX. Zacks Investment Research raised shares of GP Strategies from a “sell” rating to a “hold” rating in a research report on Friday, August 3rd. B. Riley dropped their price target on shares of GP Strategies from $25.75 to $24.00 and set a “buy” rating for the company in a research report on Wednesday, August 1st. One research analyst has rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $26.00.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GPX. First Wilshire Securities Management Inc. purchased a new stake in GP Strategies during the first quarter worth approximately $207,000. Summit Global Investments purchased a new stake in GP Strategies during the second quarter worth approximately $605,000. Citadel Advisors LLC grew its stake in GP Strategies by 156.7% during the first quarter. Citadel Advisors LLC now owns 27,798 shares of the company’s stock worth $629,000 after buying an additional 16,970 shares during the period. Isthmus Partners LLC grew its stake in GP Strategies by 15.4% during the first quarter. Isthmus Partners LLC now owns 31,805 shares of the company’s stock worth $720,000 after buying an additional 4,248 shares during the period. Finally, Millennium Management LLC grew its stake in GP Strategies by 88.6% during the first quarter. Millennium Management LLC now owns 37,900 shares of the company’s stock worth $858,000 after buying an additional 17,809 shares during the period. Institutional investors own 87.74% of the company’s stock.

Shares of GPX stock opened at $18.05 on Tuesday. GP Strategies has a one year low of $17.15 and a one year high of $31.25. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.15. The company has a market cap of $310.86 million, a P/E ratio of 13.33, a P/E/G ratio of 1.14 and a beta of 0.77.

GP Strategies Company Profile

GP Strategies Corporation provides performance improvement and learning solutions worldwide. It operates through four segments: Learning Solutions, Professional & Technical Services, Sandy Training & Marketing, and Performance Readiness Solutions. The Learning Solutions segment delivers training, curriculum design and development, digital learning, system hosting, managed learning, and consulting services to electronics and semiconductors, healthcare, software, financial services, and other industries, as well as government agencies; and provides apprenticeship and vocational skills training services.

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