Shares of GP Strategies Corp (NYSE:GPX) have been given an average broker rating score of 1.67 (Buy) from the three brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation and two have given a strong buy recommendation to the company.
Brokers have set a twelve-month consensus target price of $29.00 for the company and are expecting that the company will post $0.24 EPS for the current quarter, according to Zacks. Zacks has also given GP Strategies Corp an industry rank of 94 out of 265 based on the ratings given to its competitors.
Separately, B. Riley restated a “neutral” rating and issued a $24.00 price objective on shares of GP Strategies Corp in a research report on Thursday, February 23rd.
GP Strategies Corp (NYSE:GPX) traded up 0.78% during mid-day trading on Friday, reaching $25.80. 21,547 shares of the company’s stock were exchanged. The firm has a market capitalization of $432.20 million, a P/E ratio of 21.32 and a beta of 1.13. GP Strategies Corp has a one year low of $19.59 and a one year high of $30.00. The company’s 50-day moving average is $24.37 and its 200 day moving average is $25.92.
GP Strategies Corp (NYSE:GPX) last released its quarterly earnings data on Tuesday, February 28th. The company reported $0.40 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.36 by $0.04. GP Strategies Corp had a return on equity of 12.55% and a net margin of 4.04%. The business had revenue of $127.30 million for the quarter, compared to analyst estimates of $125.32 million. During the same quarter in the prior year, the firm posted $0.39 EPS. The business’s quarterly revenue was up .7% compared to the same quarter last year. Equities analysts predict that GP Strategies Corp will post $1.31 earnings per share for the current fiscal year.
A number of large investors have recently added to or reduced their stakes in GPX. Thomson Horstmann & Bryant Inc. raised its position in shares of GP Strategies Corp by 14.5% in the third quarter. Thomson Horstmann & Bryant Inc. now owns 391,572 shares of the company’s stock worth $9,640,000 after buying an additional 49,520 shares during the period. Mesirow Financial Investment Management Equity Management raised its position in shares of GP Strategies Corp by 21.8% in the third quarter. Mesirow Financial Investment Management Equity Management now owns 12,124 shares of the company’s stock worth $299,000 after buying an additional 2,170 shares during the period. Alambic Investment Management L.P. acquired a new position in shares of GP Strategies Corp during the third quarter worth about $208,000. Isthmus Partners LLC raised its position in shares of GP Strategies Corp by 3.4% in the third quarter. Isthmus Partners LLC now owns 23,154 shares of the company’s stock worth $564,000 after buying an additional 769 shares during the period. Finally, Neuberger Berman Group LLC raised its position in shares of GP Strategies Corp by 36.9% in the third quarter. Neuberger Berman Group LLC now owns 386,397 shares of the company’s stock worth $9,513,000 after buying an additional 104,122 shares during the period. Institutional investors and hedge funds own 88.95% of the company’s stock.
About GP Strategies Corp
GP Strategies Corporation (GP Strategies) is a global performance improvement solutions provider of sales and technical training, e-learning solutions, management consulting and engineering services. The Company operates in five segments: Learning Solutions, Professional & Technical Services, Sandy Training & Marketing, RWD and Energy Services.
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