Wall Street brokerages expect GP Strategies Corp (NYSE:GPX) to report earnings per share (EPS) of $0.26 for the current quarter, according to Zacks. Three analysts have issued estimates for GP Strategies’ earnings. GP Strategies reported earnings per share of $0.34 during the same quarter last year, which suggests a negative year-over-year growth rate of 23.5%. The company is expected to announce its next earnings report on Tuesday, July 30th.
On average, analysts expect that GP Strategies will report full year earnings of $1.17 per share for the current fiscal year, with EPS estimates ranging from $1.15 to $1.18. For the next financial year, analysts expect that the company will post earnings of $1.46 per share, with EPS estimates ranging from $1.44 to $1.47. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for GP Strategies.
GP Strategies (NYSE:GPX) last issued its quarterly earnings results on Friday, May 10th. The company reported $0.16 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.04. The company had revenue of $139.47 million for the quarter, compared to analyst estimates of $137.09 million. GP Strategies had a return on equity of 7.70% and a net margin of 1.42%.
GPX has been the topic of a number of research analyst reports. B. Riley initiated coverage on Smart Sand in a report on Tuesday, March 19th. They set a “hold” rating and a $5.00 price target on the stock. Zacks Investment Research lowered HENGAN INTL GRP/ADR from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 21st. Finally, ValuEngine lowered Zumiez from a “hold” rating to a “sell” rating in a report on Tuesday, July 2nd.
A number of hedge funds have recently made changes to their positions in GPX. BlackRock Inc. boosted its position in shares of GP Strategies by 2.3% in the 4th 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 during the period. Segall Bryant & Hamill LLC purchased a new position in GP Strategies in the fourth quarter worth $542,000. D. E. Shaw & Co. Inc. grew its position in GP Strategies by 8.3% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 123,414 shares of the company’s stock worth $1,556,000 after acquiring an additional 9,407 shares in the last quarter. Bank of New York Mellon Corp grew its position in GP Strategies by 1.3% in the fourth quarter. Bank of New York Mellon Corp now owns 69,105 shares of the company’s stock worth $871,000 after acquiring an additional 865 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position 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. 89.20% of the stock is owned by institutional investors and hedge funds.
Shares of GPX traded up $0.28 during trading hours on Friday, reaching $15.94. 25,121 shares of the company’s stock traded hands, compared to its average volume of 44,159. The company has a market cap of $262.54 million, a price-to-earnings ratio of 17.71, a price-to-earnings-growth ratio of 0.90 and a beta of 0.79. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.83 and a quick ratio of 1.83. GP Strategies has a twelve month low of $11.77 and a twelve month high of $19.55. The stock has a fifty day simple moving average of $14.75.
About GP Strategies
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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