News coverage about Group 1 Automotive (NYSE:GPI) has been trending very positive on Monday, according to Accern. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Group 1 Automotive earned a daily sentiment score of 0.56 on Accern’s scale. Accern also assigned headlines about the company an impact score of 84 out of 100, meaning that recent media coverage is very likely to have an effect on the stock’s share price in the next several days.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
- Group 1 Automotive, Inc. (GPI) Downgraded by BidaskClub to “Sell” (americanbankingnews.com)
- Analysts Anticipate Group 1 Automotive, Inc. (GPI) Will Post Quarterly Sales of $2.73 Billion (americanbankingnews.com)
- Group 1 Automotive, Inc. (GPI) Expected to Post Earnings of $2.03 Per Share (americanbankingnews.com)
- Best Low-P/E Stocks to Buy in June (finance.yahoo.com)
Shares of Group 1 Automotive (NYSE:GPI) opened at 57.47 on Monday. The stock has a market capitalization of $1.19 billion, a P/E ratio of 8.46 and a beta of 1.53. Group 1 Automotive has a one year low of $47.31 and a one year high of $83.18. The company’s 50-day moving average is $62.27 and its 200-day moving average is $72.85.
Group 1 Automotive (NYSE:GPI) last announced its quarterly earnings data on Friday, April 28th. The company reported $1.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.71 by $0.18. The firm had revenue of $2.52 billion during the quarter, compared to analyst estimates of $2.60 billion. Group 1 Automotive had a net margin of 1.32% and a return on equity of 17.16%. The business’s quarterly revenue was down 3.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.59 earnings per share. On average, equities research analysts anticipate that Group 1 Automotive will post $7.36 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 15th. Shareholders of record on Thursday, June 1st were paid a $0.24 dividend. The ex-dividend date was Tuesday, May 30th. This represents a $0.96 annualized dividend and a yield of 1.67%. Group 1 Automotive’s dividend payout ratio is currently 14.14%.
A number of research firms have recently weighed in on GPI. BidaskClub lowered shares of Group 1 Automotive from a “hold” rating to a “sell” rating in a research note on Thursday. Zacks Investment Research upgraded shares of Group 1 Automotive from a “hold” rating to a “buy” rating and set a $77.00 price objective on the stock in a research note on Tuesday, April 4th. Finally, ValuEngine lowered shares of Group 1 Automotive from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 2nd. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $69.33.
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About Group 1 Automotive
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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