GP Strategies (NYSE:GPX) will be announcing its Q3 earnings results before the market opens on Tuesday, November 6th. Analysts expect the company to announce earnings of $0.24 per share for the quarter.
Shares of NYSE:GPX opened at $14.43 on Monday. The company has a market capitalization of $238.60 million, a P/E ratio of 10.69, a PEG ratio of 0.87 and a beta of 0.85. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.12 and a current ratio of 1.12. GP Strategies has a fifty-two week low of $13.77 and a fifty-two week high of $28.10.
In related news, Director Marshall S. Geller bought 2,000 shares of the company’s stock in a transaction on Thursday, September 27th. The shares were purchased at an average cost of $16.57 per share, for a total transaction of $33,140.00. Following the acquisition, the director now owns 148,254 shares of the company’s stock, valued at approximately $2,456,568.78. The purchase was disclosed in a filing with the SEC, which is available at this link. Company insiders own 25.70% of the company’s stock.
An institutional investor recently raised its position in GP Strategies stock. Bank of New York Mellon Corp boosted its stake in shares of GP Strategies Corp (NYSE:GPX) by 6.7% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 68,612 shares of the company’s stock after buying an additional 4,289 shares during the period. Bank of New York Mellon Corp owned approximately 0.42% of GP Strategies worth $1,208,000 as of its most recent filing with the SEC. 87.20% of the stock is currently owned by institutional investors.
A number of analysts recently weighed in on GPX shares. B. Riley set a $24.00 price target on shares of GP Strategies and gave the company a “buy” rating in a research report on Friday. Zacks Investment Research upgraded shares of GP Strategies from a “sell” rating to a “hold” rating in a report on Friday, August 3rd. One analyst has rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $26.00.
GP Strategies Company Profile
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.
Further Reading: Cash Flow
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