Somewhat Favorable News Coverage Somewhat Unlikely to Impact Group 1 Automotive (GPI) Stock Price

Media headlines about Group 1 Automotive (NYSE:GPI) have trended somewhat positive on Wednesday, according to Accern. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Group 1 Automotive earned a daily sentiment score of 0.17 on Accern’s scale. Accern also assigned news stories about the company an impact score of 45.9754429097081 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:

Shares of Group 1 Automotive (NYSE:GPI) opened at $79.52 on Wednesday. Group 1 Automotive has a 52 week low of $51.62 and a 52 week high of $84.47. The company has a current ratio of 1.05, a quick ratio of 0.27 and a debt-to-equity ratio of 1.28. The company has a market capitalization of $1,640.00, a P/E ratio of 12.56, a PEG ratio of 1.42 and a beta of 1.69.

Group 1 Automotive (NYSE:GPI) last released its quarterly earnings results on Thursday, October 26th. The company reported $2.23 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.76 by $0.47. Group 1 Automotive had a return on equity of 15.69% and a net margin of 1.20%. The business had revenue of $3.01 billion during the quarter, compared to analysts’ expectations of $2.80 billion. During the same quarter in the prior year, the business earned $1.96 earnings per share. The company’s quarterly revenue was up 6.7% compared to the same quarter last year. research analysts forecast that Group 1 Automotive will post 7.44 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Friday, December 1st were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.26%. The ex-dividend date of this dividend was Thursday, November 30th. This is a boost from Group 1 Automotive’s previous quarterly dividend of $0.24. Group 1 Automotive’s dividend payout ratio is 15.80%.

Several equities research analysts have recently weighed in on the company. KeyCorp reissued a “hold” rating on shares of Group 1 Automotive in a report on Wednesday, October 4th. Buckingham Research downgraded Group 1 Automotive from a “buy” rating to a “neutral” rating and set a $86.00 price objective for the company. in a report on Monday, November 13th. Zacks Investment Research downgraded Group 1 Automotive from a “hold” rating to a “sell” rating in a report on Monday, October 2nd. Berenberg Bank assumed coverage on Group 1 Automotive in a report on Wednesday, October 4th. They issued a “hold” rating and a $77.00 price objective for the company. Finally, Stephens reissued an “equal weight” rating and issued a $87.00 price objective (up from $83.00) on shares of Group 1 Automotive in a report on Wednesday, October 4th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $79.50.

In other Group 1 Automotive news, VP Darryl M. Burman sold 10,000 shares of the stock in a transaction on Friday, October 27th. The stock was sold at an average price of $79.74, for a total value of $797,400.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Peter C. Delongchamps sold 9,110 shares of the stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $80.16, for a total value of $730,257.60. The disclosure for this sale can be found here. Insiders have sold 135,573 shares of company stock valued at $10,480,632 in the last 90 days. Company insiders own 6.08% of the company’s stock.

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Group 1 Automotive Company Profile

Group 1 Automotive, Inc is an operator in the automotive retail industry. The Company, through its dealerships, sells new and used cars and light trucks; arranges related vehicle financing; sells service and insurance contracts; provides automotive maintenance and repair services, and sells vehicle parts.

Insider Buying and Selling by Quarter for Group 1 Automotive (NYSE:GPI)

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