Press coverage about Group 1 Automotive (NYSE:GPI) has trended positive recently, according to AlphaOne Sentiment Analysis. AlphaOne, a service of Accern, identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Group 1 Automotive earned a coverage optimism score of 0.39 on AlphaOne’s scale. AlphaOne also gave media stories about the company an impact score of 43 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Group 1 Automotive (NYSE:GPI) traded down 4.23% during mid-day trading on Friday, hitting $59.56. 474,270 shares of the stock were exchanged. Group 1 Automotive has a 12-month low of $47.31 and a 12-month high of $83.18. The stock has a market capitalization of $1.23 billion, a P/E ratio of 8.76 and a beta of 1.53. The firm has a 50-day moving average price of $62.78 and a 200-day moving average price of $73.05.
Group 1 Automotive (NYSE:GPI) last released its earnings results on Friday, April 28th. The company reported $1.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.71 by $0.18. The company had revenue of $2.52 billion for the quarter, compared to analyst estimates of $2.60 billion. Group 1 Automotive had a return on equity of 13.81% and a net margin of 1.35%. The business’s revenue for the quarter was down 3.4% compared to the same quarter last year. During the same period last year, the company posted $1.59 earnings per share. Equities analysts predict that Group 1 Automotive will post $7.40 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Thursday, June 15th. Stockholders of record on Thursday, June 1st were issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 1.61%. The ex-dividend date of this dividend was Tuesday, May 30th. Group 1 Automotive’s dividend payout ratio (DPR) is currently 14.14%.
A number of research firms have commented on GPI. Zacks Investment Research lowered shares of Group 1 Automotive from a “buy” rating to a “hold” rating in a research note on Wednesday, April 26th. BidaskClub raised shares of Group 1 Automotive from a “sell” rating to a “hold” rating in a research report on Thursday. Finally, ValuEngine lowered shares of Group 1 Automotive from a “strong-buy” rating to a “buy” rating in a research report on Friday, June 2nd. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $69.33.
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Group 1 Automotive Company Profile
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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