$0.16 EPS Expected for GP Strategies Co. (NYSE:GPX) This Quarter


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Analysts predict that GP Strategies Co. (NYSE:GPX) will announce earnings of $0.16 per share for the current quarter, according to Zacks. Three analysts have made estimates for GP Strategies’ earnings, with estimates ranging from $0.14 to $0.17. GP Strategies reported earnings of ($0.03) per share during the same quarter last year, which would indicate a positive year over year growth rate of 633.3%. The business is scheduled to report its next earnings results before the market opens on Thursday, May 6th.

On average, analysts expect that GP Strategies will report full-year earnings of $0.96 per share for the current fiscal year, with EPS estimates ranging from $0.91 to $1.01. For the next financial year, analysts expect that the business will post earnings of $1.18 per share, with EPS estimates ranging from $1.15 to $1.20. Zacks Investment Research’s earnings per share calculations are an average based on a survey of analysts that cover GP Strategies.

GP Strategies (NYSE:GPX) last released its quarterly earnings results on Wednesday, March 10th. The company reported $0.38 EPS for the quarter, topping the consensus estimate of $0.20 by $0.18. GP Strategies had a return on equity of 4.15% and a net margin of 1.61%. The business had revenue of $123.09 million during the quarter, compared to analyst estimates of $123.32 million.

GPX has been the subject of several research analyst reports. Zacks Investment Research upgraded GP Strategies from a “hold” rating to a “buy” rating and set a $18.00 price target for the company in a research report on Wednesday, March 10th. Barrington Research raised their price target on GP Strategies from $15.00 to $20.00 and gave the stock an “outperform” rating in a research report on Friday, March 12th. Roth Capital increased their price objective on GP Strategies from $15.00 to $23.00 in a research note on Friday, March 12th. Finally, B. Riley increased their price objective on GP Strategies from $15.00 to $17.25 and gave the company a “buy” rating in a research note on Tuesday, March 9th. Four investment analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and an average target price of $19.56.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Sei Investments Co. raised its stake in shares of GP Strategies by 6.6% in the third quarter. Sei Investments Co. now owns 22,633 shares of the company’s stock valued at $218,000 after acquiring an additional 1,400 shares in the last quarter. Hillsdale Investment Management Inc. acquired a new stake in GP Strategies in the first quarter valued at $47,000. Royce & Associates LP raised its stake in GP Strategies by 2.8% in the fourth quarter. Royce & Associates LP now owns 1,290,145 shares of the company’s stock valued at $15,301,000 after buying an additional 35,356 shares in the last quarter. Poplar Forest Capital LLC raised its stake in GP Strategies by 41.2% in the fourth quarter. Poplar Forest Capital LLC now owns 25,372 shares of the company’s stock valued at $301,000 after buying an additional 7,401 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in GP Strategies by 23.2% in the fourth quarter. Bank of New York Mellon Corp now owns 61,774 shares of the company’s stock valued at $732,000 after buying an additional 11,631 shares in the last quarter. Institutional investors and hedge funds own 66.90% of the company’s stock.

Shares of GPX traded down $0.10 during midday trading on Tuesday, hitting $15.95. 49,915 shares of the stock were exchanged, compared to its average volume of 59,029. GP Strategies has a 52-week low of $5.20 and a 52-week high of $18.24. The stock has a fifty day simple moving average of $16.63 and a 200 day simple moving average of $13.30. The firm has a market cap of $276.72 million, a P/E ratio of 33.94, a P/E/G ratio of 1.07 and a beta of 1.58. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.83 and a current ratio of 1.83.

About GP Strategies

GP Strategies Corporation provides performance improvement and learning solutions worldwide. The company offers workforce transformation services, including organizational performance solutions comprising managed learning services, digital learning strategies and content development, business consulting, and leadership development solutions; and technical performance solutions consisting of technical training and consulting services, enterprise technology adoption, and human capital management implementation services.

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