GP Strategies Corporation (NYSE:GPX) posted its earnings results on Thursday. The company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.26 by $0.03, Briefing.com reports. GP Strategies Corporation had a return on equity of 12.44% and a net margin of 3.95%. The firm had revenue of $124.10 million during the quarter, compared to the consensus estimate of $125.01 million. During the same period last year, the company earned $0.29 earnings per share. The business’s quarterly revenue was up 1.7% on a year-over-year basis.

Shares of GP Strategies Corporation (GPX) opened at $27.25 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.43 and a current ratio of 1.43. The firm has a market cap of $474.98 million, a P/E ratio of 22.11, a PEG ratio of 1.48 and a beta of 0.92.

GPX has been the subject of a number of research reports. BidaskClub upgraded GP Strategies Corporation from a “hold” rating to a “buy” rating in a report on Thursday, August 17th. B. Riley restated a “neutral” rating and set a $27.00 price objective on shares of GP Strategies Corporation in a research report on Friday, July 28th. Zacks Investment Research upgraded GP Strategies Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, July 18th. TheStreet upgraded GP Strategies Corporation from a “c+” rating to a “b-” rating in a research report on Monday, July 31st. Finally, ValuEngine upgraded GP Strategies Corporation from a “hold” rating to a “buy” rating in a research report on Friday, July 28th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. GP Strategies Corporation has an average rating of “Hold” and an average price target of $30.00.

In related news, insider David A. Gugala sold 6,732 shares of the firm’s stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $28.28, for a total value of $190,380.96. Following the transaction, the insider now directly owns 8,810 shares of the company’s stock, valued at approximately $249,146.80. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Marshall S. Geller sold 3,894 shares of the firm’s stock in a transaction dated Wednesday, August 30th. The shares were sold at an average price of $28.64, for a total value of $111,524.16. Following the sale, the director now directly owns 141,051 shares in the company, valued at $4,039,700.64. The disclosure for this sale can be found here. Insiders sold a total of 18,317 shares of company stock valued at $521,791 in the last three months. Corporate insiders own 25.70% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This report was first published by Watch List News and is the property of of Watch List News. If you are accessing this report on another domain, it was illegally copied and republished in violation of US and international trademark & copyright legislation. The correct version of this report can be viewed at https://www.watchlistnews.com/gp-strategies-corporation-gpx-releases-quarterly-earnings-results-beats-expectations-by-0-03-eps/1677933.html.

GP Strategies Corporation Company Profile

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.

Earnings History for GP Strategies Corporation (NYSE:GPX)

Receive News & Ratings for GP Strategies Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GP Strategies Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.