GP Strategies (NYSE:GPX) released its earnings results on Thursday. The company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.04), Morningstar.com reports. GP Strategies had a return on equity of 7.70% and a net margin of 1.42%. The business had revenue of $149.41 million for the quarter, compared to analyst estimates of $149.01 million.
NYSE GPX traded down $0.28 during trading hours on Friday, hitting $14.37. 18,764 shares of the company’s stock were exchanged, compared to its average volume of 36,620. The firm has a 50-day moving average of $15.40. GP Strategies has a 1-year low of $11.77 and a 1-year high of $19.55. The stock has a market cap of $240.84 million, a price-to-earnings ratio of 15.97, a price-to-earnings-growth ratio of 0.91 and a beta of 0.81. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 0.74.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cove Street Capital LLC grew its stake in GP Strategies by 3.8% during the first quarter. Cove Street Capital LLC now owns 2,297,922 shares of the company’s stock worth $27,920,000 after purchasing an additional 84,138 shares during the period. Dimensional Fund Advisors LP boosted its holdings in GP Strategies by 2.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,120,417 shares of the company’s stock worth $14,129,000 after acquiring an additional 28,556 shares in the last quarter. BlackRock Inc. boosted its holdings in GP Strategies by 2.3% in the fourth quarter. BlackRock Inc. now owns 753,873 shares of the company’s stock worth $9,508,000 after acquiring an additional 17,253 shares in the last quarter. Royce & Associates LP boosted its holdings in GP Strategies by 1.7% in the first quarter. Royce & Associates LP now owns 746,539 shares of the company’s stock worth $9,070,000 after acquiring an additional 12,800 shares in the last quarter. Finally, Rutabaga Capital Management LLC MA bought a new position in GP Strategies in the first quarter worth approximately $5,168,000. 88.98% of the stock is owned by institutional investors and hedge funds.
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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