Group 1 Automotive, Inc. (NYSE:GPI - Free Report) - Equities research analysts at Zacks Research decreased their Q1 2025 EPS estimates for Group 1 Automotive in a research note issued on Tuesday, November 26th. Zacks Research analyst L. Shahu now anticipates that the company will earn $9.50 per share for the quarter, down from their prior forecast of $9.61. The consensus estimate for Group 1 Automotive's current full-year earnings is $38.38 per share. Zacks Research also issued estimates for Group 1 Automotive's Q2 2025 earnings at $10.33 EPS, Q3 2025 earnings at $10.51 EPS, Q4 2025 earnings at $9.67 EPS, Q2 2026 earnings at $6.46 EPS, Q3 2026 earnings at $15.59 EPS and FY2026 earnings at $42.67 EPS.
A number of other analysts have also issued reports on GPI. JPMorgan Chase & Co. boosted their price target on shares of Group 1 Automotive from $420.00 to $425.00 and gave the stock an "overweight" rating in a research note on Tuesday, November 5th. StockNews.com upgraded Group 1 Automotive from a "sell" rating to a "hold" rating in a research note on Friday, November 8th. Stephens started coverage on shares of Group 1 Automotive in a report on Thursday, September 12th. They issued an "equal weight" rating and a $394.00 target price on the stock. Guggenheim boosted their price target on shares of Group 1 Automotive from $420.00 to $442.00 and gave the stock a "buy" rating in a report on Thursday, November 21st. Finally, Morgan Stanley upgraded shares of Group 1 Automotive from an "equal weight" rating to an "overweight" rating and raised their price objective for the company from $285.00 to $430.00 in a report on Wednesday, September 25th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, Group 1 Automotive currently has a consensus rating of "Moderate Buy" and an average target price of $425.20.
Check Out Our Latest Analysis on Group 1 Automotive
Group 1 Automotive Trading Down 1.0 %
Shares of GPI stock traded down $4.20 on Thursday, hitting $427.76. The stock had a trading volume of 68,349 shares, compared to its average volume of 135,671. The company's 50 day moving average price is $380.89 and its 200-day moving average price is $345.33. Group 1 Automotive has a 1 year low of $255.73 and a 1 year high of $440.32. The firm has a market capitalization of $5.70 billion, a P/E ratio of 11.40 and a beta of 1.33. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.00 and a quick ratio of 0.24.
Group 1 Automotive (NYSE:GPI - Get Free Report) last announced its earnings results on Wednesday, October 30th. The company reported $9.90 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $9.87 by $0.03. Group 1 Automotive had a return on equity of 18.49% and a net margin of 2.68%. The company had revenue of $5.22 billion for the quarter, compared to analyst estimates of $5.06 billion. During the same quarter in the previous year, the company earned $12.07 earnings per share. The firm's quarterly revenue was up 11.0% compared to the same quarter last year.
Group 1 Automotive declared that its Board of Directors has initiated a share repurchase program on Tuesday, November 12th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the company to buy up to 9.3% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its stock is undervalued.
Group 1 Automotive Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 2nd will be paid a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 0.44%. The ex-dividend date of this dividend is Monday, December 2nd. Group 1 Automotive's dividend payout ratio (DPR) is presently 5.01%.
Insider Activity
In other Group 1 Automotive news, VP Edward Mckissic sold 79 shares of the firm's stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $374.01, for a total value of $29,546.79. Following the completion of the sale, the vice president now owns 6,259 shares of the company's stock, valued at approximately $2,340,928.59. This trade represents a 1.25 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.70% of the company's stock.
Hedge Funds Weigh In On Group 1 Automotive
A number of large investors have recently made changes to their positions in the stock. Assetmark Inc. grew its position in Group 1 Automotive by 51.9% during the third quarter. Assetmark Inc. now owns 82 shares of the company's stock worth $31,000 after buying an additional 28 shares during the period. Arizona State Retirement System grew its holdings in shares of Group 1 Automotive by 0.9% in the 2nd quarter. Arizona State Retirement System now owns 3,832 shares of the company's stock worth $1,139,000 after acquiring an additional 33 shares during the period. EverSource Wealth Advisors LLC increased its stake in Group 1 Automotive by 17.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 267 shares of the company's stock valued at $79,000 after purchasing an additional 39 shares in the last quarter. Nomura Asset Management Co. Ltd. raised its holdings in Group 1 Automotive by 20.0% during the third quarter. Nomura Asset Management Co. Ltd. now owns 264 shares of the company's stock worth $101,000 after purchasing an additional 44 shares during the last quarter. Finally, SummerHaven Investment Management LLC raised its holdings in Group 1 Automotive by 1.7% during the second quarter. SummerHaven Investment Management LLC now owns 2,854 shares of the company's stock worth $848,000 after purchasing an additional 49 shares during the last quarter. Hedge funds and other institutional investors own 99.92% of the company's stock.
Group 1 Automotive Company Profile
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Group 1 Automotive, Inc, through its subsidiaries, operates in the automotive retail industry in the United States and the United Kingdom. The company sells new and used cars, light trucks, and vehicle parts, as well as service and insurance contracts; arranges related vehicle financing; and offers automotive maintenance and repair services.
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