Wall Street analysts expect GP Strategies Corp (NYSE:GPX) to post $149.01 million in sales for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for GP Strategies’ earnings, with the highest sales estimate coming in at $150.00 million and the lowest estimate coming in at $147.65 million. GP Strategies posted sales of $133.69 million in the same quarter last year, which suggests a positive year-over-year growth rate of 11.5%. The firm is expected to announce its next earnings report on Tuesday, July 30th.
On average, analysts expect that GP Strategies will report full year sales of $584.61 million for the current year, with estimates ranging from $583.77 million to $585.47 million. For the next financial year, analysts expect that the company will report sales of $615.74 million, with estimates ranging from $614.75 million to $617.14 million. Zacks’ sales averages are an average based on a survey of sell-side research firms that follow GP Strategies.
GP Strategies (NYSE:GPX) last issued its quarterly earnings results on Friday, May 10th. The company reported $0.16 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.12 by $0.04. The firm had revenue of $139.47 million during the quarter, compared to the consensus estimate of $137.09 million. GP Strategies had a return on equity of 7.70% and a net margin of 1.42%.
Shares of GPX opened at $14.74 on Friday. The stock has a market cap of $249.16 million, a PE ratio of 16.38, a price-to-earnings-growth ratio of 0.85 and a beta of 0.74. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 0.74. GP Strategies has a 12-month low of $11.77 and a 12-month high of $19.92.
A number of large investors have recently added to or reduced their stakes in the stock. Cove Street Capital LLC lifted its position in GP Strategies by 3.8% in the 1st quarter. Cove Street Capital LLC now owns 2,297,922 shares of the company’s stock worth $27,920,000 after buying an additional 84,138 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in GP Strategies by 2.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,120,417 shares of the company’s stock worth $14,129,000 after buying an additional 28,556 shares during the last quarter. BlackRock Inc. lifted its position in GP Strategies by 2.3% in the 4th quarter. BlackRock Inc. now owns 753,873 shares of the company’s stock worth $9,508,000 after buying an additional 17,253 shares during the last quarter. Royce & Associates LP lifted its position in GP Strategies by 1.7% in the 1st quarter. Royce & Associates LP now owns 746,539 shares of the company’s stock worth $9,070,000 after buying an additional 12,800 shares during the last quarter. Finally, Vanguard Group Inc. lifted its position in GP Strategies by 0.8% in the 3rd quarter. Vanguard Group Inc. now owns 676,469 shares of the company’s stock worth $11,398,000 after buying an additional 5,420 shares during the last quarter. Institutional investors own 89.20% of the company’s stock.
About GP Strategies
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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