
Group 1 Automotive, Inc. (NYSE:GPI – Free Report) – Equities research analysts at Zacks Research lowered their FY2026 EPS estimates for Group 1 Automotive in a report released on Thursday, November 12th. Zacks Research analyst Team now anticipates that the company will earn $38.54 per share for the year, down from their previous forecast of $38.63. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Group 1 Automotive’s current full-year earnings is $37.14 per share. Zacks Research also issued estimates for Group 1 Automotive’s FY2027 earnings at $42.70 EPS.
Group 1 Automotive (NYSE:GPI – Get Free Report) last released its quarterly earnings data on Wednesday, October 28th. The company reported $9.36 earnings per share for the quarter, missing analysts’ consensus estimates of $9.50 by ($0.14). The company had revenue of $5.40 billion for the quarter, compared to analyst estimates of $5.58 billion. Group 1 Automotive had a return on equity of 14.91% and a net margin of 1.75%. The firm’s revenue for the quarter was down 6.7% compared to the same quarter last year. During the same period in the previous year, the business posted $10.45 EPS.
A number of other research firms have also recently commented on GPI. Citigroup cut their target price on Group 1 Automotive from $387.00 to $357.00 and set a “buy” rating on the stock in a research report on Monday, September 28th. UBS Group cut their price target on Group 1 Automotive from $271.00 to $259.00 and set a “neutral” rating on the stock in a research report on Thursday, October 29th. Weiss Ratings upgraded Group 1 Automotive from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, October 30th. Morgan Stanley lifted their target price on shares of Group 1 Automotive from $232.00 to $250.00 and gave the company an “underweight” rating in a report on Monday. Finally, Evercore set a $360.00 price target on shares of Group 1 Automotive in a research note on Tuesday, August 4th. Five research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $330.10.
Check Out Our Latest Research Report on Group 1 Automotive
Group 1 Automotive Price Performance
Shares of GPI opened at $258.07 on Friday. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.32 and a quick ratio of 0.57. Group 1 Automotive has a 1-year low of $224.65 and a 1-year high of $429.00. The stock has a market cap of $3.08 billion, a PE ratio of 7.48, a price-to-earnings-growth ratio of 2.10 and a beta of 0.96. The firm has a fifty day moving average price of $254.78 and a 200 day moving average price of $301.53.
Group 1 Automotive Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be paid a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Tuesday, December 1st. Group 1 Automotive’s payout ratio is currently 6.96%.
Insider Transactions at Group 1 Automotive
In other news, major shareholder Conifer Management, L.L.C. acquired 133,472 shares of the business’s stock in a transaction on Monday, September 28th. The stock was bought at an average price of $243.58 per share, for a total transaction of $32,511,109.76. Following the transaction, the insider owned 1,772,050 shares in the company, valued at $431,635,939. This represents a 8.15% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Over the last 90 days, insiders have acquired 820,030 shares of company stock valued at $211,496,571. Insiders own 2.40% of the company’s stock.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in the company. Corient Private Wealth LP lifted its position in Group 1 Automotive by 6.2% in the second quarter. Corient Private Wealth LP now owns 702 shares of the company’s stock valued at $204,000 after purchasing an additional 41 shares during the period. Bessemer Group Inc. increased its position in Group 1 Automotive by 0.9% during the 1st quarter. Bessemer Group Inc. now owns 7,734 shares of the company’s stock worth $2,556,000 after purchasing an additional 70 shares during the period. Salomon & Ludwin LLC raised its stake in shares of Group 1 Automotive by 445.8% during the 3rd quarter. Salomon & Ludwin LLC now owns 131 shares of the company’s stock worth $31,000 after buying an additional 107 shares in the last quarter. Anchor Investment Management LLC raised its stake in shares of Group 1 Automotive by 112.0% during the 2nd quarter. Anchor Investment Management LLC now owns 212 shares of the company’s stock worth $62,000 after buying an additional 112 shares in the last quarter. Finally, Versant Capital Management Inc raised its stake in shares of Group 1 Automotive by 63.7% during the 2nd quarter. Versant Capital Management Inc now owns 370 shares of the company’s stock worth $108,000 after buying an additional 144 shares in the last quarter. 99.92% of the stock is owned by hedge funds and other institutional investors.
About Group 1 Automotive
Group 1 Automotive, Inc. is an international automotive retailer headquartered in Houston, Texas. Founded in 1997, the company operates franchised dealerships and collision centers in the United States and the United Kingdom. Its dealerships sell new and used vehicles from a range of manufacturers and provide related services, including vehicle maintenance and repair, parts sales, collision repair, and automotive financing and insurance products. Group 1’s business also includes manufacturer-authorized service operations and parts departments that support customers throughout vehicle ownership.
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