Media stories about Group 1 Automotive (NYSE:GPI) have trended somewhat positive on Saturday, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Group 1 Automotive earned a news sentiment score of 0.17 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 47.289945742361 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the headlines that may have effected Accern Sentiment’s analysis:

Group 1 Automotive stock traded up $1.24 during mid-day trading on Friday, reaching $78.26. The company’s stock had a trading volume of 222,307 shares, compared to its average volume of 259,420. The company has a market cap of $1.52 billion, a PE ratio of 10.12 and a beta of 1.78. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.07 and a quick ratio of 0.26. Group 1 Automotive has a twelve month low of $51.62 and a twelve month high of $84.47.

Group 1 Automotive (NYSE:GPI) last released its quarterly earnings data on Thursday, July 26th. The company reported $2.45 EPS for the quarter, topping analysts’ consensus estimates of $2.14 by $0.31. The firm had revenue of $2.94 billion during the quarter, compared to the consensus estimate of $2.92 billion. Group 1 Automotive had a net margin of 1.97% and a return on equity of 15.73%. The firm’s revenue was up 10.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.87 earnings per share. equities research analysts anticipate that Group 1 Automotive will post 8.63 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 18th. Shareholders of record on Tuesday, September 4th will be issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date of this dividend is Friday, August 31st. Group 1 Automotive’s dividend payout ratio is presently 13.45%.

Group 1 Automotive declared that its board has approved a share repurchase program on Wednesday, May 16th that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the company to reacquire up to 6.7% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s board of directors believes its stock is undervalued.

A number of analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of Group 1 Automotive from a “hold” rating to a “buy” rating and set a $81.00 price target for the company in a research note on Wednesday, June 20th. Morgan Stanley lifted their price target on shares of Group 1 Automotive from $59.00 to $64.00 and gave the stock a “sell” rating in a research note on Wednesday. Stephens restated a “hold” rating and issued a $95.00 price target on shares of Group 1 Automotive in a research note on Friday, July 27th. Finally, ValuEngine lowered shares of Group 1 Automotive from a “hold” rating to a “sell” rating in a research note on Thursday, July 12th. One analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $82.88.

In other Group 1 Automotive news, insider Daryl Kenningham sold 2,700 shares of Group 1 Automotive stock in a transaction on Thursday, August 9th. The shares were sold at an average price of $77.75, for a total value of $209,925.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Darryl M. Burman sold 4,000 shares of Group 1 Automotive stock in a transaction on Wednesday, August 8th. The stock was sold at an average price of $78.00, for a total transaction of $312,000.00. Following the completion of the transaction, the vice president now directly owns 64,178 shares of the company’s stock, valued at approximately $5,005,884. The disclosure for this sale can be found here. Insiders own 4.95% of the company’s stock.

Group 1 Automotive Company Profile

Group 1 Automotive, Inc, through its subsidiaries, operates in the automotive retail industry. It sells new and used cars, light trucks, and vehicle parts; arranges vehicle financing; sells service and insurance contracts; and provides automotive maintenance and repair services. The company has operations primarily in the metropolitan areas of Alabama, California, Florida, Georgia, Kansas, Louisiana, Maryland, Massachusetts, Mississippi, New Hampshire, New Jersey, New Mexico, Oklahoma, South Carolina, and Texas in the United States; 28 towns in the United Kingdom; and in the metropolitan markets of Sao Paulo, Parana, Mato Grosso do Sul, and Santa Catarina, Brazil.

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Insider Buying and Selling by Quarter for Group 1 Automotive (NYSE:GPI)

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