Group 1 Automotive (GPI) Given Media Sentiment Score of 0.10
Media stories about Group 1 Automotive (NYSE:GPI) have been trending somewhat positive recently, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources. 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 daily sentiment score of 0.10 on Accern’s scale. Accern also assigned news stories about the company an impact score of 45.8896219588221 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:
- Group 1 Automotive, Inc. (GPI) Plans Quarterly Dividend of $0.25 (americanbankingnews.com)
- Group 1 Automotive, Inc. (GPI) VP Peter C. Delongchamps Sells 884 Shares (americanbankingnews.com)
- Group 1 Automotive, Inc. (GPI) VP Peter C. Delongchamps Sells 9,110 Shares (americanbankingnews.com)
- Seaport Global Securities Research Analysts Decrease Earnings Estimates for Group 1 Automotive, Inc. (GPI) (americanbankingnews.com)
- Group 1 Automotive, Inc. (GPI) Receives Average Rating of “Hold” from Analysts (americanbankingnews.com)
Several research analysts have weighed in on the stock. TheStreet cut shares of Group 1 Automotive from a “b-” rating to a “c+” rating in a report on Thursday, August 17th. Wells Fargo & Company restated a “market perform” rating and set a $66.00 target price (down previously from $75.00) on shares of Group 1 Automotive in a research report on Monday, July 17th. Berenberg Bank began coverage on shares of Group 1 Automotive in a research report on Wednesday, October 4th. They set a “hold” rating and a $77.00 target price on the stock. BidaskClub lowered shares of Group 1 Automotive from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 5th. Finally, Stephens restated an “equal weight” rating and set a $87.00 target price (up previously from $83.00) on shares of Group 1 Automotive in a research report on Wednesday, October 4th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and one has assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $77.60.
Group 1 Automotive (GPI) traded up $1.74 during midday trading on Friday, hitting $79.63. 391,963 shares of the company traded hands, compared to its average volume of 262,416. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.05 and a quick ratio of 0.27. The firm has a market cap of $1,660.00, a price-to-earnings ratio of 10.76, a price-to-earnings-growth ratio of 1.55 and a beta of 1.69. Group 1 Automotive has a twelve month low of $51.62 and a twelve month high of $83.18.
Group 1 Automotive (NYSE:GPI) last posted its quarterly earnings results on Thursday, October 26th. The company reported $2.23 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.76 by $0.47. The business 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 firm’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same quarter last year, the business posted $1.96 EPS. equities research analysts predict that Group 1 Automotive will post 7.32 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be given a dividend of $0.25 per share. This is a positive change from Group 1 Automotive’s previous quarterly dividend of $0.24. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $1.00 annualized dividend and a dividend yield of 1.26%. Group 1 Automotive’s dividend payout ratio (DPR) is currently 15.17%.
In other Group 1 Automotive news, CFO John C. Rickel sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 21st. The shares were sold at an average price of $66.99, for a total value of $669,900.00. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, VP Peter C. Delongchamps sold 9,110 shares of the firm’s stock in a transaction that occurred on Friday, November 3rd. The shares were sold at an average price of $80.16, for a total transaction of $730,257.60. The disclosure for this sale can be found here. Insiders sold 66,694 shares of company stock worth $5,189,106 in the last 90 days. Company insiders own 6.08% of the company’s stock.
About Group 1 Automotive
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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