Relative Strength Index (RSI)
|Bid||63.16 x 800|
|Ask||63.54 x 800|
|Day's Range||62.02 - 66.59|
|52 Week Range||26.26 - 110.11|
|Beta (5Y Monthly)||2.18|
|PE Ratio (TTM)||7.14|
|Earnings Date||Jul 23, 2020 - Jul 27, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Feb 28, 2020|
|1y Target Est||70.75|
Those holding Group 1 Automotive (NYSE:GPI) shares must be pleased that the share price has rebounded 45% in the last...
While General Motors (GM) and BorgWarner (BWA) top first-quarter 2020 earnings estimates, Genuine Parts (GPC) falls short amid coronavirus woes.
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Except for historical information mentioned during the call, statements made by management of Group 1 Automotive are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Uncertainty regarding the duration and severity of COVID-19 and its impact on U.S. and international authorities to ease current restrictions on various commercial and economic activities and uncertainties regarding the timing, pace and extent of an economic recovery in the U.S.
Group 1 Automotive (GPI) delivered earnings and revenue surprises of 58.10% and 14.61%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Group 1 Automotive (NYSE:GPI) rose 2.4% in pre-market trading the company reported Q1 results.Quarterly Results Earnings per share fell 19.42% over the past year to $1.66, which beat the estimate of $1.32.Revenue of $2,691,000,000 less by 4.17% from the same period last year, which beat the estimate of $2,620,000,000.Looking Ahead Group 1 Automotive hasn't issued any earnings guidance for the time being.Group 1 Automotive hasn't issued any revenue guidance for the time being.Details Of The Call Date: May 05, 2020View more earnings on GPITime: 08:02 AM ETWebcast URL: https://www.group1corp.com/eventsPrice Action Company's 52-week high was at $110.1152-week low: $26.25Price action over last quarter: down 42.45%Company Overview Group 1 owns and operates over 185 automotive dealerships, 242 franchises, and 49 collision service centers in the U.S., U.K., and Brazil offering 31 brands of automobiles altogether. U.S. locations are mostly in metropolitan areas in 15 states in the Northeast, Southeast, Midwest, and in California. Revenue in 2019 totaled $12 billion. The company was founded in 1995 and is based in Houston.See more from Benzinga * Recap: Allegheny Technologies Q1 Earnings * Recap: Ardmore Shipping Q1 Earnings * Diebold Nixdorf: Q1 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Group 1 Automotive (GPI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Group 1 Automotive, Inc. New York, April 22, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Group 1 Automotive, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Moody's Investors Service, Inc. ("Moody's") today affirmed all ratings of Group 1 Automotive, Inc. ("Group 1") including the Ba1 corporate family rating. "The outlook change to negative reflects the potential stress to Group 1's credit metrics, which at FYE 2019 were already testing downward rating triggers, due to the effects on all aspects of its business model of the coronavirus," stated Moody's Vice President Charlie O'Shea. "The affirmation of the Ba1 rating recognizes the flexibility in Group 1's business model, which is already being demonstrated by significant cost reductions in reaction to the loss of volume due to the coronavirus, and which Moody's expects will alleviate some, but potentially not all, of the negative pressure on credit metrics," continued O'Shea.
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
Group 1 Automotive, Inc. (NYSE: GPI), ("Group 1" or the "Company"), an international, Fortune 500 automotive retailer, today announced that effective immediately, it is suspending its cash dividend and canceling its prior share repurchase authorization.
Today we'll evaluate Group 1 Automotive, Inc. (NYSE:GPI) to determine whether it could have potential as an investment...
With coronavirus concerns dimming earnings and sales prospects, carmakers are resorting to cost-containment initiatives and drawing down their credit lines to preserve cash.
Group 1 Automotive, Inc. (NYSE: GPI), an international, Fortune 500 automotive retailer, today announced that it has completed the redemption of all $300 million aggregate principal amount of its outstanding 5.25% senior notes due 2023 (CUSIP Nos. 398905 AL3 and U03903 AD0) (the "Notes").
The coronavirus outbreak has hit businesses in all three markets of Group 1 (GPI), with many dealership operations being suspended or significantly reduced.
The economic slowdown is beginning to weigh on the automotive industry in the United States, with one group reporting a substantial 75 percent decline in sales
"I believe that the swift and decisive actions that we are taking will enable us to recover quickly when the market recovers as it undoubtedly will."
Auto dealership Group 1 Automotive Inc said on Wednesday its overall U.S. vehicle sales in March were down 50% to 70% from normal levels and that its chief executive officer would take a 50% pay cut, as the coronavirus outbreak roils the auto industry. "This (the outbreak) is requiring us to take many severe and regrettable actions to re-size our business to minimal activity levels in the near term," Chief Executive Officer Earl J. Hesterberg said in a statement http://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20200325:nPn30tH6ja.
Group 1 Automotive, Inc. (NYSE: GPI), an international, Fortune 500 automotive retailer, today reported that due to the unprecedented business impact of the COVID-19 virus, Group 1 is implementing a variety of actions to address the sudden reduction in sales and service volume.