Equities analysts forecast that GP Strategies Corporation (NYSE:GPX) will report sales of $131.87 million for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for GP Strategies Corporation’s earnings. The lowest sales estimate is $130.96 million and the highest is $132.65 million. GP Strategies Corporation reported sales of $127.28 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 3.6%. The company is scheduled to announce its next earnings report on Tuesday, February 27th.

On average, analysts expect that GP Strategies Corporation will report full-year sales of $131.87 million for the current year, with estimates ranging from $508.66 million to $510.36 million. For the next year, analysts forecast that the company will report sales of $539.32 million per share, with estimates ranging from $535.19 million to $543.60 million. Zacks’ sales averages are an average based on a survey of analysts that follow GP Strategies Corporation.

GP Strategies Corporation (NYSE:GPX) last released its quarterly earnings data on Thursday, November 2nd. The company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.03. GP Strategies Corporation had a return on equity of 12.16% and a net margin of 3.95%. The business had revenue of $124.10 million during the quarter, compared to analysts’ expectations of $125.01 million. During the same quarter last year, the business posted $0.29 EPS. The business’s revenue was up 1.7% on a year-over-year basis.

GPX has been the subject of several research analyst reports. TheStreet upgraded GP Strategies Corporation from a “c+” rating to a “b-” rating in a report on Monday, July 31st. Zacks Investment Research upgraded GP Strategies Corporation from a “hold” rating to a “buy” rating and set a $31.00 price objective for the company in a report on Monday, July 31st. BidaskClub upgraded GP Strategies Corporation from a “hold” rating to a “buy” rating in a report on Thursday, August 17th. ValuEngine upgraded GP Strategies Corporation from a “hold” rating to a “buy” rating in a report on Friday, July 28th. Finally, B. Riley set a $27.00 price objective on GP Strategies Corporation and gave the stock a “hold” rating in a report on Tuesday, October 31st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $30.00.

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In other news, Director Marshall S. Geller sold 3,894 shares of the firm’s stock in a transaction that occurred on Wednesday, August 30th. The stock was sold at an average price of $28.64, for a total value of $111,524.16. Following the completion of the transaction, the director now owns 141,051 shares in the company, valued at approximately $4,039,700.64. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Marshall S. Geller sold 7,691 shares of the firm’s stock in a transaction that occurred on Thursday, August 31st. The shares were sold at an average price of $28.59, for a total value of $219,885.69. Following the completion of the transaction, the director now owns 141,051 shares of the company’s stock, valued at approximately $4,032,648.09. The disclosure for this sale can be found here. Company insiders own 25.70% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Falcon Point Capital LLC lifted its stake in shares of GP Strategies Corporation by 0.5% in the 2nd quarter. Falcon Point Capital LLC now owns 40,817 shares of the company’s stock valued at $1,078,000 after purchasing an additional 204 shares during the period. The Manufacturers Life Insurance Company lifted its stake in shares of GP Strategies Corporation by 2.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 10,091 shares of the company’s stock valued at $267,000 after purchasing an additional 225 shares during the period. Rhumbline Advisers lifted its stake in shares of GP Strategies Corporation by 1.7% in the 2nd quarter. Rhumbline Advisers now owns 15,204 shares of the company’s stock valued at $401,000 after purchasing an additional 255 shares during the period. American International Group Inc. lifted its stake in shares of GP Strategies Corporation by 7.0% in the 1st quarter. American International Group Inc. now owns 7,838 shares of the company’s stock valued at $198,000 after purchasing an additional 516 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in shares of GP Strategies Corporation by 1.5% in the 1st quarter. Bank of New York Mellon Corp now owns 59,438 shares of the company’s stock valued at $1,503,000 after purchasing an additional 871 shares during the period. Institutional investors own 87.82% of the company’s stock.

GP Strategies Corporation (NYSE GPX) traded down $0.20 during midday trading on Friday, reaching $23.50. The company’s stock had a trading volume of 78,393 shares, compared to its average volume of 30,748. GP Strategies Corporation has a 1-year low of $22.70 and a 1-year high of $31.25. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.10. The stock has a market cap of $396.93, a PE ratio of 18.52, a P/E/G ratio of 1.47 and a beta of 0.92.

About GP Strategies Corporation

GP Strategies Corporation (GP Strategies) is a global performance improvement solutions provider of sales and technical training, e-learning solutions, management consulting and engineering services. The Company operates in five segments: Learning Solutions, Professional & Technical Services, Sandy Training & Marketing, RWD and Energy Services.

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Earnings History and Estimates for GP Strategies Corporation (NYSE:GPX)

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