GP Strategies (GPX) Upgraded to “Sell” by ValuEngine

ValuEngine upgraded shares of GP Strategies (NYSE:GPX) from a strong sell rating to a sell rating in a report published on Friday, May 10th, ValuEngine reports.

Several other equities analysts have also recently commented on the stock. Zacks Investment Research cut shares of GP Strategies from a hold rating to a sell rating in a research note on Tuesday, March 12th. B. Riley set a $19.00 price objective on shares of GP Strategies and gave the company a buy rating in a research note on Tuesday, March 19th.

Shares of NYSE GPX traded down $0.24 during midday trading on Friday, hitting $15.51. The company’s stock had a trading volume of 41,755 shares, compared to its average volume of 56,501. GP Strategies has a one year low of $11.77 and a one year high of $20.05. The company has a quick ratio of 1.89, a current ratio of 1.83 and a debt-to-equity ratio of 0.74. The firm has a market cap of $257.53 million, a P/E ratio of 17.23, a price-to-earnings-growth ratio of 0.87 and a beta of 0.88.

GP Strategies (NYSE:GPX) last posted its quarterly earnings results on Friday, May 10th. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.04. GP Strategies had a net margin of 1.42% and a return on equity of 7.70%. The company had revenue of $139.47 million for the quarter, compared to analyst estimates of $137.09 million. Equities analysts expect that GP Strategies will post 1.17 EPS for the current year.

A number of large investors have recently modified their holdings of the stock. Citigroup Inc. grew its stake in GP Strategies by 20.6% during the first quarter. Citigroup Inc. now owns 4,080 shares of the company’s stock valued at $49,000 after acquiring an additional 696 shares in the last quarter. Bank of New York Mellon Corp grew its stake in GP Strategies by 1.3% in the 4th quarter. Bank of New York Mellon Corp now owns 69,105 shares of the company’s stock worth $871,000 after buying an additional 865 shares in the last quarter. Cubic Asset Management LLC grew its stake in GP Strategies by 12.1% in the 4th quarter. Cubic Asset Management LLC now owns 13,890 shares of the company’s stock worth $175,000 after buying an additional 1,500 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in GP Strategies by 4.1% in the 1st quarter. Janney Montgomery Scott LLC now owns 44,649 shares of the company’s stock worth $542,000 after buying an additional 1,749 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in GP Strategies by 2.3% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 85,501 shares of the company’s stock worth $1,039,000 after buying an additional 1,944 shares in the last quarter. 88.52% of the stock is owned by institutional investors.

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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To view ValuEngine’s full report, visit ValuEngine’s official website.

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