Group 1 Automotive (GPI) Given Media Sentiment Rating of 0.17
Media stories about Group 1 Automotive (NYSE:GPI) have been trending somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Group 1 Automotive earned a news impact score of 0.17 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 44.9974594985272 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
- ETFs with exposure to Group 1 Automotive, Inc. : November 2, 2017 (finance.yahoo.com)
- Insider Selling: Group 1 Automotive, Inc. (GPI) SVP Sells 10,000 Shares of Stock (americanbankingnews.com)
- Group 1 Automotive, Inc. (GPI) Insider Sells $527,156.00 in Stock (americanbankingnews.com)
- Wells Fargo & Company Boosts Group 1 Automotive, Inc. (GPI) Price Target to $85.00 (americanbankingnews.com)
- Insider Selling: Group 1 Automotive, Inc. (GPI) CFO Sells 20,000 Shares of Stock (americanbankingnews.com)
Several equities analysts have recently commented on the stock. Zacks Investment Research raised shares of Group 1 Automotive from a “sell” rating to a “hold” rating in a research note on Thursday, October 26th. TheStreet downgraded shares of Group 1 Automotive from a “b-” rating to a “c+” rating in a research note on Thursday, August 17th. BidaskClub downgraded shares of Group 1 Automotive from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 5th. Wells Fargo & Company increased their price target on shares of Group 1 Automotive from $65.00 to $85.00 and gave the stock a “market perform” rating in a research note on Monday, October 30th. Finally, Goldman Sachs Group, Inc. (The) raised shares of Group 1 Automotive from a “sell” rating to a “neutral” rating and increased their price target for the stock from $56.00 to $67.00 in a research note on Thursday, September 7th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the stock. Group 1 Automotive presently has an average rating of “Hold” and a consensus target price of $77.60.
Group 1 Automotive (GPI) traded up $1.06 during mid-day trading on Friday, reaching $80.36. 227,249 shares of the company were exchanged, compared to its average volume of 296,374. The company has a market capitalization of $1.68 billion, a P/E ratio of 10.92, a P/E/G ratio of 1.59 and a beta of 1.69. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.05 and a quick ratio of 0.27.
Group 1 Automotive (NYSE:GPI) last released its quarterly earnings results on Thursday, October 26th. The company reported $2.23 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.76 by $0.47. Group 1 Automotive had a net margin of 1.20% and a return on equity of 15.69%. The company had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $2.80 billion. During the same period in the prior year, the firm earned $1.96 earnings per share. Group 1 Automotive’s revenue was up 6.7% on a year-over-year basis. equities research analysts anticipate that Group 1 Automotive will post 7.25 EPS for the current year.
In other Group 1 Automotive news, insider Daryl Kenningham sold 6,700 shares of the firm’s stock in a transaction that occurred on Monday, October 30th. The shares were sold at an average price of $78.68, for a total transaction of $527,156.00. Following the completion of the transaction, the insider now owns 42,130 shares of the company’s stock, valued at $3,314,788.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO John C. Rickel sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 21st. The shares were sold at an average price of $66.99, for a total transaction of $669,900.00. The disclosure for this sale can be found here. Insiders have sold 56,700 shares of company stock valued at $4,387,156 in the last ninety days. Insiders own 6.08% of the company’s stock.
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Group 1 Automotive Company Profile
Group 1 Automotive, Inc is an operator in the automotive retail industry. The Company, through its dealerships, sells new and used cars and light trucks; arranges related vehicle financing; sells service and insurance contracts; provides automotive maintenance and repair services, and sells vehicle parts.
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