
Group 1 Automotive, Inc. (NYSE:GPI – Free Report) – Equities research analysts at Zacks Research cut their FY2026 earnings per share estimates for shares of Group 1 Automotive in a research note issued on Thursday, November 12th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $38.54 for the year, down from their prior forecast of $38.63. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for Group 1 Automotive’s current full-year earnings is $37.14 per share. Zacks Research also issued estimates for Group 1 Automotive’s FY2027 earnings at $42.70 EPS.
A number of other research analysts have also issued reports on GPI. Morgan Stanley increased their target price on Group 1 Automotive from $232.00 to $250.00 and gave the company an “underweight” rating in a research report on Monday. KeyCorp set a $425.00 price objective on shares of Group 1 Automotive in a research report on Wednesday, October 7th. Citigroup decreased their price objective on shares of Group 1 Automotive from $387.00 to $357.00 and set a “buy” rating on the stock in a report on Monday, September 28th. Barclays dropped their target price on shares of Group 1 Automotive from $320.00 to $300.00 and set an “overweight” rating on the stock in a research report on Friday, October 30th. Finally, Weiss Ratings raised shares of Group 1 Automotive from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, October 30th. Five research analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $330.10.
Group 1 Automotive Trading Down 4.5%
Shares of GPI stock opened at $258.07 on Friday. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.32 and a quick ratio of 0.57. The company has a market cap of $3.08 billion, a price-to-earnings ratio of 7.48, a PEG ratio of 2.10 and a beta of 0.96. The stock has a 50 day simple moving average of $254.78 and a 200-day simple moving average of $301.53. Group 1 Automotive has a 1-year low of $224.65 and a 1-year high of $429.00.
Group 1 Automotive (NYSE:GPI – Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The company reported $9.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $9.50 by ($0.14). Group 1 Automotive had a return on equity of 14.91% and a net margin of 1.75%. The business had revenue of $5.40 billion for the quarter, compared to analysts’ expectations of $5.58 billion. During the same quarter in the prior year, the company posted $10.45 EPS. The business’s revenue for the quarter was down 6.7% compared to the same quarter last year.
Institutional Trading of Group 1 Automotive
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Salomon & Ludwin LLC lifted its stake in Group 1 Automotive by 445.8% during the 3rd quarter. Salomon & Ludwin LLC now owns 131 shares of the company’s stock worth $31,000 after acquiring an additional 107 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of Group 1 Automotive during the second quarter worth about $42,000. Anchor Investment Management LLC lifted its position in shares of Group 1 Automotive by 112.0% during the second quarter. Anchor Investment Management LLC now owns 212 shares of the company’s stock worth $62,000 after purchasing an additional 112 shares in the last quarter. Allworth Financial LP purchased a new position in shares of Group 1 Automotive in the second quarter valued at approximately $75,000. Finally, Group One Trading LLC purchased a new stake in Group 1 Automotive during the 2nd quarter worth approximately $79,000. 99.92% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other news, SVP Gillian A. Hobson sold 2,000 shares of the stock in a transaction dated Thursday, October 29th. The shares were sold at an average price of $258.24, for a total value of $516,480.00. Following the completion of the sale, the senior vice president directly owned 7,543 shares in the company, valued at $1,947,904.32. This represents a 20.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Steven Mizell sold 550 shares of the business’s stock in a transaction that occurred on Friday, October 30th. The stock was sold at an average price of $260.52, for a total value of $143,286.00. Following the transaction, the director owned 33 shares in the company, valued at approximately $8,597.16. This represents a 94.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have acquired a total of 820,030 shares of company stock valued at $211,496,571 in the last 90 days. 2.40% of the stock is owned by insiders.
Group 1 Automotive Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be issued a $0.55 dividend. The ex-dividend date is Tuesday, December 1st. This represents a $2.20 dividend on an annualized basis and a yield of 0.9%. Group 1 Automotive’s dividend payout ratio (DPR) is presently 6.96%.
About Group 1 Automotive
Group 1 Automotive, Inc. is an international automotive retailer headquartered in Houston, Texas. Founded in 1997, the company operates franchised dealerships and collision centers in the United States and the United Kingdom. Its dealerships sell new and used vehicles from a range of manufacturers and provide related services, including vehicle maintenance and repair, parts sales, collision repair, and automotive financing and insurance products. Group 1’s business also includes manufacturer-authorized service operations and parts departments that support customers throughout vehicle ownership.
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