|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||63.16 - 65.07|
|52 Week Range||51.62 - 84.47|
|PE Ratio (TTM)||6.30|
|Forward Dividend & Yield||1.04 (1.69%)|
|1y Target Est||N/A|
In order to generate new opportunities, Group 1 Automotive (GPI) acquires a new Toyota sales territory and expands its existing Honda dealership in Sao Paulo, Brazil.
Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on February 21. Over the last one-month, outflows of investor capital in ETFs holding GPI totaled $343 million.
Shares of Group 1 — which owns 180 automotive dealerships, 238 franchises and 48 collision centers in the U.S., the U.K. and Brazil — initially dropped about 15 percent following the announcement.
Management lists a number of reasons that will negatively impact Group 1's first quarter -- here's what investors need to know.
Weak market conditions and long-term strategic investments, to strengthen the position in the market, might have a negative impact on Group 1 Automotive's (GPI) upcoming Q1 results.
Group 1 Automotive Inc (NYSE:GPI) is currently trading at a trailing P/E of 7.2x, which is lower than the industry average of 18.6x. While this makes GPI appear like aRead More...
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on February 2. Over the last one-month, outflows of investor capital in ETFs holding GPI totaled $485 million.
Group 1 Automotive (GPI), Penske (PAG) and Lithia Motors (LAD) report better-than-expected earnings. Ford Motor (F) intends to expand SUVs production by 25% in 2018 to stay in the race.
Group 1 Automotive (GPI) fourth-quarter 2017 adjusted earnings per share of $2.11 surpass the Zacks Consensus Estimate of $1.87, being aided by strong cost control measures.
Investors are always looking for growth in small-cap stocks like Group 1 Automotive Inc (NYSE:GPI), with a market cap of US$1.44B. However, an important fact which most ignore is: howRead More...
The Houston-based company said it had net income of $5.27 per share. Earnings, adjusted for one-time gains and costs, were $2.11 per share. The results exceeded Wall Street expectations. The average estimate ...
Houston-based Group 1 Automotive Inc. (GPI) joined the growing list of public companies in Houston and elsewhere to have announced bonuses as a result of tax reform. Group 1 will give nonmanagement dearlership employees and operational support staff in the U.S. $500 cash bonuses on March 1, according to a recent press release . Although the company is still assessing the full impact of the tax changes, it expects to share additional details when its fourth-quarter and full-year 2018 results are announced on Feb. 8.
A Relative Strength Rating upgrade for Group I Automotive shows improving technical performance. Will it continue?
Proper guidance from brokers is all the more necessary now as the Q4 earnings season is just round the corner. Investors would look to add potential out performers to their respective portfolios.
Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on December 18. Index (PMI) data, output in the Consumer Services sector is rising.