$1.89 EPS Expected for Group 1 Automotive, Inc. (GPI)

January 12, 2018 - By Ellis Scott

 $1.89 EPS Expected for Group 1 Automotive, Inc. (GPI)
Investors sentiment increased to 0.99 in 2017 Q3. Its up 0.17, from 0.82 in 2017Q2. It increased, as 25 investors sold Group 1 Automotive, Inc. shares while 53 reduced holdings. 28 funds opened positions while 49 raised stakes. 20.26 million shares or 2.16% more from 19.83 million shares in 2017Q2 were reported.
Glenmede Tru Commerce Na accumulated 43 shares or 0% of the stock. Royal Fincl Bank Of Canada stated it has 0% of its portfolio in Group 1 Automotive, Inc. (NYSE:GPI). Morgan Stanley, New York-based fund reported 30,058 shares. Wells Fargo Mn holds 0% or 32,534 shares. Landscape Mngmt owns 29,806 shares. The Switzerland-based Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in Group 1 Automotive, Inc. (NYSE:GPI). Hotchkis & Wiley Cap Mgmt Lc, a California-based fund reported 167,938 shares. One Trading Limited Partnership invested in 0% or 5,616 shares. Bank & Trust Of New York Mellon has 0.01% invested in Group 1 Automotive, Inc. (NYSE:GPI) for 295,425 shares. State Board Of Administration Of Florida Retirement invested in 6,803 shares. Palisade Capital Lc Nj owns 0.45% invested in Group 1 Automotive, Inc. (NYSE:GPI) for 172,552 shares. Bnp Paribas Arbitrage Sa, a New York-based fund reported 10,775 shares. Schwab Charles Inv Mngmt invested in 0.01% or 122,333 shares. California State Teachers Retirement Sys reported 0.01% in Group 1 Automotive, Inc. (NYSE:GPI). Principal Gp Incorporated stated it has 0.01% of its portfolio in Group 1 Automotive, Inc. (NYSE:GPI).

Since September 21, 2017, it had 0 insider purchases, and 7 selling transactions for $9.21 million activity. The insider STRANGE J TERRY sold 5,000 shares worth $401,362. HESTERBERG EARL J also sold $2.07M worth of Group 1 Automotive, Inc. (NYSE:GPI) on Wednesday, January 3. $797,441 worth of stock was sold by Burman Darryl M on Friday, October 27. 6,700 shares valued at $527,143 were sold by Kenningham Daryl on Monday, October 30.

Analysts expect Group 1 Automotive, Inc. (NYSE:GPI) to report $1.89 EPS on February, 1.They anticipate $0.15 EPS change or 8.62 % from last quarter’s $1.74 EPS. GPI’s profit would be $38.09 million giving it 10.74 P/E if the $1.89 EPS is correct. After having $2.23 EPS previously, Group 1 Automotive, Inc.’s analysts see -15.25 % EPS growth. The stock increased 0.71% or $0.57 during the last trading session, reaching $81.17. About 8,624 shares traded. Group 1 Automotive, Inc. (NYSE:GPI) has risen 10.14% since January 12, 2017 and is uptrending. It has underperformed by 6.56% the S&P500.

Group 1 Automotive, Inc. (NYSE:GPI) Ratings Coverage

Among 12 analysts covering Group 1 Automotive (NYSE:GPI), 2 have Buy rating, 1 Sell and 9 Hold. Therefore 17% are positive. Group 1 Automotive had 19 analyst reports since September 17, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, September 7 by Goldman Sachs. Wells Fargo maintained the shares of GPI in report on Monday, October 30 with “Market Perform” rating. Buckingham Research upgraded the shares of GPI in report on Friday, January 5 to “Buy” rating. On Wednesday, July 20 the stock rating was upgraded by Buckingham Research to “Buy”. The stock has “Hold” rating by KeyBanc Capital Markets on Monday, November 13. Sidoti upgraded Group 1 Automotive, Inc. (NYSE:GPI) on Thursday, September 17 to “Buy” rating. CL King downgraded the shares of GPI in report on Tuesday, January 10 to “Neutral” rating. The rating was upgraded by Evercore to “Hold” on Wednesday, March 9. KeyBanc Capital Markets maintained the shares of GPI in report on Thursday, August 31 with “Hold” rating. The rating was maintained by Stephens on Wednesday, October 28 with “Equal-Weight”.

Group 1 Automotive, Inc., through its subsidiaries, operates in the automotive retail industry. The company has market cap of $1.64 billion. It sells new and used cars, light trucks, and vehicle parts; arranges vehicle financing; sells service and insurance contracts; and provides automotive maintenance and repair services. It has a 12.91 P/E ratio. The firm has activities primarily in the metropolitan areas of Alabama, California, Florida, Georgia, Kansas, Louisiana, Maryland, Massachusetts, Mississippi, New Hampshire, New Jersey, Oklahoma, South Carolina, and Texas in the United States; 20 towns in the United Kingdom; and in metropolitan markets of Sao Paulo, Parana, Mato Grosso do Sul, and Santa Catarina, Brazil.

More important recent Group 1 Automotive, Inc. (NYSE:GPI) news were published by: Streetinsider.com which released: “Form 4 GROUP 1 AUTOMOTIVE INC For: Jan 08 Filed by: HESTERBERG EARL J” on January 10, 2018, also Prnewswire.com published article titled: “Group 1 Automotive Opens New Land Rover Franchise in the United Kingdom”, Nasdaq.com published: “Group 1 Automotive Adds a New Land Rover Franchise in UK” on January 09, 2018. More interesting news about Group 1 Automotive, Inc. (NYSE:GPI) was released by: Bizjournals.com and their article: “Stocking stuffer: Group 1 Automotive CEO cashes in on $2.5M in stock” with publication date: December 29, 2017.

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