Group 1 Automotive (NYSE:GPI) is scheduled to be releasing its earnings data before the market opens on Thursday, February 1st. Analysts expect Group 1 Automotive to post earnings of $1.88 per share for the quarter.
Shares of Group 1 Automotive (NYSE GPI) opened at $79.33 on Wednesday. Group 1 Automotive has a 52-week low of $51.62 and a 52-week high of $84.47. The stock has a market capitalization of $1,674.77, a P/E ratio of 12.61, a PEG ratio of 1.41 and a beta of 1.69. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.05 and a quick ratio of 0.27.
In other news, CEO Earl J. Hesterberg sold 4,000 shares of the stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $72.15, for a total transaction of $288,600.00. Following the transaction, the chief executive officer now owns 139,065 shares in the company, valued at $10,033,539.75. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Earl J. Hesterberg sold 40,000 shares of the stock in a transaction that occurred on Thursday, January 11th. The stock was sold at an average price of $79.39, for a total value of $3,175,600.00. Following the transaction, the chief executive officer now owns 108,440 shares in the company, valued at approximately $8,609,051.60. The disclosure for this sale can be found here. In the last quarter, insiders have sold 177,392 shares of company stock worth $13,776,408. 6.08% of the stock is owned by corporate insiders.
A number of research firms have recently issued reports on GPI. Buckingham Research cut Group 1 Automotive from a “buy” rating to a “neutral” rating and set a $86.00 price objective for the company. in a research report on Monday, November 13th. Wells Fargo & Co increased their target price on Group 1 Automotive from $65.00 to $85.00 and gave the stock a “market perform” rating in a research note on Monday, October 30th. KeyCorp reiterated a “hold” rating on shares of Group 1 Automotive in a research note on Wednesday, October 4th. Berenberg Bank started coverage on Group 1 Automotive in a research note on Wednesday, October 4th. They set a “hold” rating and a $77.00 target price on the stock. Finally, Stephens reiterated 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 note on Wednesday, October 4th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company. Group 1 Automotive has an average rating of “Hold” and an average price target of $79.50.
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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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