Analysts forecast that GP Strategies Corp (NYSE:GPX) will report earnings per share (EPS) of $0.29 for the current quarter, Zacks reports. Three analysts have issued estimates for GP Strategies’ earnings, with estimates ranging from $0.24 to $0.33. GP Strategies reported earnings per share of $0.27 in the same quarter last year, which would suggest a positive year-over-year growth rate of 7.4%. The company is scheduled to issue its next earnings results on Tuesday, November 5th.
On average, analysts expect that GP Strategies will report full year earnings of $1.06 per share for the current year, with EPS estimates ranging from $0.97 to $1.15. For the next financial year, analysts forecast that the company will report earnings of $1.35 per share, with EPS estimates ranging from $1.25 to $1.44. Zacks’ EPS calculations are a mean average based on a survey of research firms that cover GP Strategies.
GP Strategies (NYSE:GPX) last announced its earnings results on Thursday, August 1st. The company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.04). The business had revenue of $149.41 million for the quarter, compared to analyst estimates of $149.01 million. GP Strategies had a net margin of 1.32% and a return on equity of 6.69%.
Several hedge funds have recently modified their holdings of the company. BlackRock Inc. grew its position in GP Strategies by 2.3% in the fourth quarter. BlackRock Inc. now owns 753,873 shares of the company’s stock valued at $9,508,000 after purchasing an additional 17,253 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in GP Strategies by 1.3% in the 4th quarter. Bank of New York Mellon Corp now owns 69,105 shares of the company’s stock worth $871,000 after buying an additional 865 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in GP Strategies by 2.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,120,417 shares of the company’s stock worth $14,129,000 after buying an additional 28,556 shares in the last quarter. Geode Capital Management LLC increased its holdings in GP Strategies by 4.3% in the 4th quarter. Geode Capital Management LLC now owns 138,380 shares of the company’s stock worth $1,744,000 after buying an additional 5,684 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. increased its holdings in GP Strategies by 8.3% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 123,414 shares of the company’s stock worth $1,556,000 after buying an additional 9,407 shares in the last quarter. 88.71% of the stock is currently owned by institutional investors and hedge funds.
Shares of GP Strategies stock traded down $0.33 during trading hours on Monday, hitting $14.04. 7,514 shares of the company’s stock traded hands, compared to its average volume of 39,117. The stock has a 50 day moving average of $15.40. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.83 and a current ratio of 1.83. The stock has a market cap of $240.91 million, a P/E ratio of 15.60, a PEG ratio of 0.82 and a beta of 0.81. GP Strategies has a twelve month low of $11.77 and a twelve month high of $19.55.
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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