ValuEngine upgraded shares of GP Strategies Corporation (NYSE:GPX) from a hold rating to a buy rating in a research note released on Friday, July 28th.
GPX has been the subject of a number of other research reports. Zacks Investment Research downgraded shares of GP Strategies Corporation from a hold rating to a sell rating in a research report on Thursday, May 4th. TheStreet lowered shares of GP Strategies Corporation from a b rating to a c+ rating in a research note on Thursday, May 25th. BidaskClub upgraded shares of GP Strategies Corporation from a hold rating to a buy rating in a research note on Tuesday, July 11th. Finally, B. Riley reiterated a neutral rating and issued a $27.00 target price on shares of GP Strategies Corporation in a research note on Monday, May 8th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has an average rating of Buy and an average target price of $30.00.
GP Strategies Corporation (GPX) opened at 28.45 on Friday. The firm has a 50-day moving average price of $27.50 and a 200 day moving average price of $25.74. GP Strategies Corporation has a one year low of $22.70 and a one year high of $30.00. The firm has a market capitalization of $475.83 million, a P/E ratio of 22.23 and a beta of 0.93.
GP Strategies Corporation (NYSE:GPX) last posted its quarterly earnings data on Thursday, July 27th. The company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.03. GP Strategies Corporation had a net margin of 4.27% and a return on equity of 12.56%. The firm had revenue of $131.16 million during the quarter, compared to analyst estimates of $131.20 million. During the same quarter last year, the business posted $0.29 EPS. The company’s revenue was up 4.5% on a year-over-year basis. Equities research analysts anticipate that GP Strategies Corporation will post $1.31 earnings per share for the current year.
In other GP Strategies Corporation news, VP Kenneth L. Crawford sold 3,000 shares of the firm’s stock in a transaction on Wednesday, August 2nd. The shares were sold at an average price of $28.77, for a total value of $86,310.00. Following the sale, the vice president now directly owns 28,691 shares in the company, valued at approximately $825,440.07. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Karl Baer sold 1,561 shares of the firm’s stock in a transaction on Tuesday, May 30th. The stock was sold at an average price of $25.05, for a total transaction of $39,103.05. Following the completion of the sale, the insider now owns 14,644 shares in the company, valued at $366,832.20. The disclosure for this sale can be found here. Insiders sold a total of 10,996 shares of company stock worth $284,872 over the last quarter. 25.70% of the stock is currently owned by company insiders.
A number of hedge funds have recently bought and sold shares of GPX. Wellington Management Group LLP raised its stake in GP Strategies Corporation by 1.9% in the first quarter. Wellington Management Group LLP now owns 1,257,045 shares of the company’s stock valued at $31,803,000 after buying an additional 22,937 shares in the last quarter. Cove Street Capital LLC raised its stake in GP Strategies Corporation by 2.8% in the first quarter. Cove Street Capital LLC now owns 1,162,841 shares of the company’s stock valued at $29,420,000 after buying an additional 31,191 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in GP Strategies Corporation by 2.0% in the second quarter. Dimensional Fund Advisors LP now owns 964,815 shares of the company’s stock valued at $25,472,000 after buying an additional 19,373 shares in the last quarter. Vanguard Group Inc. raised its stake in GP Strategies Corporation by 0.5% in the second quarter. Vanguard Group Inc. now owns 582,633 shares of the company’s stock valued at $15,381,000 after buying an additional 3,013 shares in the last quarter. Finally, Neuberger Berman Group LLC raised its stake in GP Strategies Corporation by 3.1% in the second quarter. Neuberger Berman Group LLC now owns 520,161 shares of the company’s stock valued at $13,732,000 after buying an additional 15,845 shares in the last quarter. Institutional investors own 88.32% of the company’s stock.
About GP Strategies Corporation
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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