Wall Street brokerages expect that GP Strategies Corp (NYSE:GPX) will report earnings per share of $0.26 for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for GP Strategies’ earnings. GP Strategies posted earnings per share of $0.34 in the same quarter last year, which suggests a negative year over year growth rate of 23.5%. The firm is scheduled to report its next quarterly earnings report on Tuesday, July 30th.
According to Zacks, analysts expect that GP Strategies will report full year earnings of $1.17 per share for the current year, with EPS estimates ranging from $1.15 to $1.18. For the next year, analysts expect that the business will report earnings of $1.46 per share, with EPS estimates ranging from $1.44 to $1.47. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that follow GP Strategies.
GP Strategies (NYSE:GPX) last released its quarterly earnings results on Friday, May 10th. The company reported $0.16 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.04. The company had revenue of $139.47 million during the quarter, compared to the consensus estimate of $137.09 million. GP Strategies had a net margin of 1.42% and a return on equity of 7.70%.
GPX traded up $0.28 during midday trading on Friday, reaching $15.94. The company’s stock had a trading volume of 25,121 shares, compared to its average volume of 44,159. The company has a market capitalization 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 1 year low of $11.77 and a 1 year high of $19.55. The company’s 50-day simple moving average is $14.75.
Several large investors have recently bought and sold shares of GPX. BNP Paribas Arbitrage SA grew its holdings in shares of GP Strategies by 442.2% in the first quarter. BNP Paribas Arbitrage SA now owns 2,597 shares of the company’s stock valued at $32,000 after purchasing an additional 2,118 shares during the period. Heritage Investors Management Corp acquired a new position in shares of GP Strategies during the 1st quarter worth $124,000. Stone Ridge Asset Management LLC acquired a new position in shares of GP Strategies during the 4th quarter worth $130,000. Rhumbline Advisers raised its stake in shares of GP Strategies by 42.3% during the 4th quarter. Rhumbline Advisers now owns 17,998 shares of the company’s stock worth $227,000 after buying an additional 5,346 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV acquired a new position in shares of GP Strategies during the 1st quarter worth $243,000. Hedge funds and other institutional investors own 89.20% of the company’s stock.
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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