Analysts expect GP Strategies Corp (NYSE:GPX) to announce $0.15 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for GP Strategies’ earnings, with the lowest EPS estimate coming in at $0.10 and the highest estimate coming in at $0.22. GP Strategies posted earnings of $0.23 per share during the same quarter last year, which would suggest a negative year over year growth rate of 34.8%. The business is expected to issue its next earnings report on Thursday, May 2nd.
On average, analysts expect that GP Strategies will report full year earnings of $1.16 per share for the current fiscal year, with EPS estimates ranging from $1.08 to $1.20. For the next fiscal year, analysts anticipate that the business will post earnings of $1.42 per share, with EPS estimates ranging from $1.34 to $1.50. Zacks Investment Research’s EPS calculations are an average based on a survey of research firms that that provide coverage for GP Strategies.
GP Strategies (NYSE:GPX) last posted its quarterly earnings results on Monday, March 18th. The company reported $0.11 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.29 by ($0.18). GP Strategies had a return on equity of 8.36% and a net margin of 1.91%. The business had revenue of $132.87 million for the quarter, compared to analyst estimates of $133.85 million.
A number of equities research analysts have weighed in on the stock. Zacks Investment Research downgraded shares of GP Strategies from a “hold” rating to a “sell” rating in a research note on Friday, March 1st. B. Riley set a $19.00 price target on shares of GP Strategies and gave the stock a “buy” rating in a research note on Tuesday, March 19th. Finally, Barrington Research reiterated a “buy” rating and set a $20.00 price target on shares of GP Strategies in a research note on Thursday, December 6th.
Several institutional investors have recently added to or reduced their stakes in GPX. SG Americas Securities LLC bought a new position in shares of GP Strategies in the third quarter valued at about $268,000. BlackRock Inc. raised its holdings in shares of GP Strategies by 0.7% in the third quarter. BlackRock Inc. now owns 736,620 shares of the company’s stock valued at $12,413,000 after buying an additional 4,834 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of GP Strategies by 3.4% in the third quarter. Dimensional Fund Advisors LP now owns 1,091,861 shares of the company’s stock valued at $18,398,000 after buying an additional 35,788 shares during the last quarter. Bridgeway Capital Management Inc. bought a new position in shares of GP Strategies in the third quarter valued at about $388,000. Finally, Royce & Associates LP raised its holdings in shares of GP Strategies by 36.1% in the third quarter. Royce & Associates LP now owns 651,758 shares of the company’s stock valued at $10,982,000 after buying an additional 173,000 shares during the last quarter. 88.73% of the stock is owned by institutional investors and hedge funds.
GPX traded down $0.45 during trading on Thursday, reaching $12.31. 180,892 shares of the company’s stock were exchanged, compared to its average volume of 56,562. GP Strategies has a fifty-two week low of $11.77 and a fifty-two week high of $23.00. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.10 and a quick ratio of 1.10. The company has a market capitalization of $203.92 million, a P/E ratio of 12.96, a P/E/G ratio of 0.71 and a beta of 0.91.
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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