GP Strategies (NYSE:GPX) Upgraded at ValuEngine

ValuEngine upgraded shares of GP Strategies (NYSE:GPX) from a sell rating to a hold rating in a research report released on Wednesday morning, ValuEngine reports.

Several other brokerages have also issued reports on GPX. Zacks Investment Research lowered GP Strategies from a hold rating to a strong sell rating in a research note on Tuesday, August 6th. Barrington Research reiterated a buy rating and issued a $20.00 price target on shares of GP Strategies in a research note on Tuesday, August 6th.

GP Strategies stock opened at $12.73 on Wednesday. The stock’s fifty day moving average price is $14.76 and its two-hundred day moving average price is $14.35. GP Strategies has a one year low of $11.77 and a one year high of $19.55. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.93 and a quick ratio of 1.93. The firm has a market cap of $233.14 million, a PE ratio of 14.14, a price-to-earnings-growth ratio of 0.98 and a beta of 0.82.

GP Strategies (NYSE:GPX) last issued its quarterly earnings results on Thursday, August 1st. The company reported $0.22 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.26 by ($0.04). GP Strategies had a net margin of 1.32% and a return on equity of 6.65%. The business had revenue of $149.41 million during the quarter, compared to the consensus estimate of $149.01 million. Sell-side analysts expect that GP Strategies will post 0.94 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently modified their holdings of the company. BNP Paribas Arbitrage SA increased its stake in shares of GP Strategies by 442.2% in the 1st 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 last quarter. Mercer Global Advisors Inc. ADV bought a new position in shares of GP Strategies in the 1st quarter valued at $243,000. ARS Investment Partners LLC increased its stake in shares of GP Strategies by 16.9% in the 2nd quarter. ARS Investment Partners LLC now owns 22,979 shares of the company’s stock valued at $347,000 after purchasing an additional 3,316 shares during the last quarter. Wells Fargo & Company MN increased its stake in shares of GP Strategies by 12.0% in the 2nd quarter. Wells Fargo & Company MN now owns 23,199 shares of the company’s stock valued at $350,000 after purchasing an additional 2,493 shares during the last quarter. Finally, Renaissance Technologies LLC increased its stake in shares of GP Strategies by 19.7% in the 2nd quarter. Renaissance Technologies LLC now owns 30,523 shares of the company’s stock valued at $460,000 after purchasing an additional 5,029 shares during the last quarter. Institutional investors own 89.47% 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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To view ValuEngine’s full report, visit ValuEngine’s official website.

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