Equities analysts expect GP Strategies Corp (NYSE:GPX) to announce earnings of $0.12 per share for the current quarter, Zacks reports. Three analysts have provided estimates for GP Strategies’ earnings. The highest EPS estimate is $0.14 and the lowest is $0.10. GP Strategies posted earnings of $0.23 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 47.8%. The business is scheduled to announce its next quarterly earnings report on Thursday, May 2nd.
On average, analysts expect that GP Strategies will report full-year earnings of $1.09 per share for the current fiscal year, with EPS estimates ranging from $1.00 to $1.20. For the next fiscal year, analysts forecast that the business will report earnings of $1.42 per share, with EPS estimates ranging from $1.34 to $1.50. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that cover GP Strategies.
GP Strategies (NYSE:GPX) last posted its quarterly earnings data on Monday, March 18th. The company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.18). GP Strategies had a return on equity of 8.37% and a net margin of 1.91%. The business had revenue of $132.87 million for the quarter, compared to the consensus estimate of $133.85 million.
Several research firms recently commented on GPX. B. Riley set a $19.00 price objective on shares of GP Strategies and gave the stock a “buy” rating in a research note on Tuesday, March 19th. Zacks Investment Research raised shares of GP Strategies from a “sell” rating to a “hold” rating in a research note on Tuesday, March 19th.
NYSE:GPX traded up $0.05 during mid-day trading on Friday, hitting $12.64. 26,730 shares of the company’s stock were exchanged, compared to its average volume of 53,478. GP Strategies has a one year low of $11.77 and a one year high of $23.00. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.89 and a quick ratio of 1.89. The firm has a market capitalization of $209.15 million, a P/E ratio of 14.04, a PEG ratio of 0.76 and a beta of 0.86.
A number of institutional investors have recently modified their holdings of GPX. Royce & Associates LP raised its holdings in GP Strategies by 12.6% in the fourth quarter. Royce & Associates LP now owns 733,739 shares of the company’s stock worth $9,252,000 after buying an additional 81,981 shares during the last quarter. Segall Bryant & Hamill LLC purchased a new position in GP Strategies in the fourth quarter worth about $542,000. Janney Montgomery Scott LLC purchased a new position in GP Strategies in the fourth quarter worth about $541,000. Dimensional Fund Advisors LP raised its holdings in GP Strategies by 3.4% in the third quarter. Dimensional Fund Advisors LP now owns 1,091,861 shares of the company’s stock worth $18,398,000 after buying an additional 35,788 shares during the last quarter. Finally, Minerva Advisors LLC purchased a new position in GP Strategies in the fourth quarter worth about $381,000. 88.04% of the stock is owned by institutional investors and hedge funds.
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.
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