ValuEngine downgraded shares of GP Strategies (NYSE:GPX) from a hold rating to a sell rating in a research report sent to investors on Monday.
GPX has been the subject of several other research reports. Zacks Investment Research cut shares of GP Strategies from a strong-buy rating to a hold rating in a research note on Tuesday, March 6th. Barrington Research reiterated a buy rating and issued a $30.00 target price on shares of GP Strategies in a research note on Monday, February 26th. Finally, B. Riley upgraded shares of GP Strategies from a neutral rating to a buy rating and increased their target price for the company from $24.50 to $28.00 in a research note on Thursday, January 4th. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. GP Strategies currently has a consensus rating of Hold and an average target price of $29.00.
NYSE GPX opened at $22.35 on Monday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.33 and a quick ratio of 1.33. GP Strategies has a twelve month low of $20.30 and a twelve month high of $31.25. The stock has a market capitalization of $374.15, a P/E ratio of 16.56, a P/E/G ratio of 1.05 and a beta of 0.86.
GP Strategies (NYSE:GPX) last released its earnings results on Thursday, March 1st. The company reported $0.38 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.26 by $0.12. GP Strategies had a net margin of 2.53% and a return on equity of 11.65%. The business had revenue of $131.50 million during the quarter, compared to analysts’ expectations of $131.87 million. sell-side analysts anticipate that GP Strategies will post 1.43 earnings per share for the current year.
Large investors have recently bought and sold shares of the stock. SG Americas Securities LLC acquired a new position in GP Strategies in the third quarter worth about $106,000. Ramsey Quantitative Systems acquired a new position in GP Strategies in the fourth quarter worth about $110,000. MetLife Investment Advisors LLC acquired a new position in GP Strategies in the fourth quarter worth about $134,000. Connors Investor Services Inc. acquired a new position in GP Strategies in the fourth quarter worth about $232,000. Finally, Citadel Advisors LLC acquired a new position in GP Strategies in the fourth quarter worth about $251,000. 88.04% of the stock is owned by hedge funds and other institutional investors.
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About GP Strategies
GP Strategies Corporation provides performance improvement and learning solutions worldwide. It operates through four segments: Learning Solutions, Professional & Technical Services, Sandy Training & Marketing, and Performance Readiness Solutions. The Learning Solutions segment delivers training, curriculum design and development, digital learning, system hosting, managed learning, and consulting services to electronics and semiconductors, healthcare, software, financial services, and other industries, as well as government agencies; and provides apprenticeship and vocational skills training services.
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