GP Strategies (NYSE:GPX) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report released on Thursday.

According to Zacks, “GP Strategies Corporation, whose operating subsidiary is General Physics Corporation, is a NYSE listed company. General Physics is a global provider of training and e-Learning solutions, management consulting, and engineering services, improving the effectiveness of organizations by customizing solutions that enhance an organization’s people, processes or technology. “

Separately, B. Riley set a $24.00 price target on shares of GP Strategies and gave the stock a “buy” rating in a research report on Wednesday, October 3rd. Two research analysts have rated the stock with a sell rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $26.00.

Shares of GP Strategies stock opened at $14.14 on Thursday. The stock has a market capitalization of $239.86 million, a price-to-earnings ratio of 10.47, a PEG ratio of 0.87 and a beta of 0.85. GP Strategies has a fifty-two week low of $13.62 and a fifty-two week high of $26.80. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.10 and a quick ratio of 1.12.

GP Strategies (NYSE:GPX) last issued its quarterly earnings data on Tuesday, November 6th. The company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03. The business had revenue of $123.57 million during the quarter, compared to the consensus estimate of $127.97 million. GP Strategies had a net margin of 1.77% and a return on equity of 10.76%. On average, sell-side analysts predict that GP Strategies will post 1.08 earnings per share for the current year.

In related news, Director Marshall S. Geller purchased 2,000 shares of GP Strategies stock in a transaction that occurred on Thursday, September 27th. The stock was purchased at an average price of $16.57 per share, for a total transaction of $33,140.00. Following the transaction, the director now directly owns 148,254 shares in the company, valued at $2,456,568.78. The acquisition was disclosed in a document filed with the SEC, which is available at this link. 25.70% of the stock is owned by corporate insiders.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Cove Street Capital LLC raised its position in shares of GP Strategies by 8.5% during the 2nd quarter. Cove Street Capital LLC now owns 1,613,637 shares of the company’s stock worth $28,400,000 after purchasing an additional 126,751 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of GP Strategies by 4.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,056,073 shares of the company’s stock worth $18,587,000 after purchasing an additional 49,034 shares during the last quarter. BlackRock Inc. raised its position in shares of GP Strategies by 0.7% during the 3rd quarter. BlackRock Inc. now owns 736,620 shares of the company’s stock worth $12,413,000 after purchasing an additional 4,834 shares during the last quarter. Royce & Associates LP raised its position in shares of GP Strategies by 31.2% during the 2nd quarter. Royce & Associates LP now owns 478,758 shares of the company’s stock worth $8,426,000 after purchasing an additional 113,968 shares during the last quarter. Finally, Teton Advisors Inc. raised its position in shares of GP Strategies by 5.4% during the 3rd quarter. Teton Advisors Inc. now owns 127,793 shares of the company’s stock worth $2,153,000 after purchasing an additional 6,522 shares during the last quarter. Hedge funds and other institutional investors own 87.20% of the company’s stock.

GP Strategies Company Profile

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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