Brokerages forecast that GP Strategies Corp (NYSE:GPX) will report earnings per share of $0.24 for the current fiscal quarter, Zacks Investment Research reports. Three analysts have made estimates for GP Strategies’ earnings, with the lowest EPS estimate coming in at $0.23 and the highest estimate coming in at $0.25. GP Strategies reported earnings of $0.11 per share during the same quarter last year, which would suggest a positive year over year growth rate of 118.2%. The business is scheduled to report its next earnings results on Monday, March 16th.
According to Zacks, analysts expect that GP Strategies will report full year earnings of $0.67 per share for the current year, with EPS estimates ranging from $0.57 to $0.86. For the next fiscal year, analysts anticipate that the firm will post earnings of $1.14 per share, with EPS estimates ranging from $1.04 to $1.20. Zacks Investment Research’s earnings per share averages are an average based on a survey of research analysts that that provide coverage for GP Strategies.
GP Strategies (NYSE:GPX) last issued its earnings results on Thursday, November 7th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.02. GP Strategies had a net margin of 1.08% and a return on equity of 6.38%. The firm had revenue of $139.01 million for the quarter, compared to analysts’ expectations of $141.77 million.
In other GP Strategies news, insider Hoskins Philip 1,435,504 shares of GP Strategies stock in a transaction on Thursday, November 14th. Insiders own 24.50% of the company’s stock.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Millennium Management LLC bought a new stake in shares of GP Strategies during the third quarter valued at approximately $231,000. Squarepoint Ops LLC raised its holdings in GP Strategies by 20.4% during the third quarter. Squarepoint Ops LLC now owns 19,979 shares of the company’s stock worth $257,000 after purchasing an additional 3,379 shares in the last quarter. Rhumbline Advisers raised its holdings in GP Strategies by 10.6% during the third quarter. Rhumbline Advisers now owns 19,555 shares of the company’s stock worth $251,000 after purchasing an additional 1,871 shares in the last quarter. Royal Bank of Canada raised its holdings in GP Strategies by 24.9% during the second quarter. Royal Bank of Canada now owns 109,294 shares of the company’s stock worth $1,648,000 after purchasing an additional 21,803 shares in the last quarter. Finally, Citadel Advisors LLC raised its holdings in GP Strategies by 6.9% during the second quarter. Citadel Advisors LLC now owns 32,275 shares of the company’s stock worth $487,000 after purchasing an additional 2,095 shares in the last quarter. 86.40% of the stock is currently owned by institutional investors.
Shares of GPX traded up $0.23 during mid-day trading on Wednesday, reaching $13.07. 25,200 shares of the company’s stock traded hands, compared to its average volume of 51,252. The business’s 50-day moving average price is $12.06 and its 200-day moving average price is $13.54. The stock has a market capitalization of $215.58 million, a P/E ratio of 14.52, a price-to-earnings-growth ratio of 0.98 and a beta of 0.98. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.95 and a current ratio of 1.95. GP Strategies has a 12 month low of $10.94 and a 12 month high of $17.13.
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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