Group 1 Automotive (NYSE:GPI) Earns Media Impact Rating of 0.14

Media headlines about Group 1 Automotive (NYSE:GPI) have trended somewhat positive this week, Accern reports. Accern rates the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Group 1 Automotive earned a news impact score of 0.14 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.4227508255328 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the news articles that may have effected Accern’s rankings:

Shares of Group 1 Automotive (NYSE:GPI) traded down $1.84 during trading hours on Friday, reaching $70.97. 154,311 shares of the company’s stock traded hands, compared to its average volume of 192,015. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.27 and a current ratio of 1.05. Group 1 Automotive has a 52 week low of $51.62 and a 52 week high of $84.47. The firm has a market cap of $1,518.74, a P/E ratio of 11.28, a P/E/G ratio of 1.40 and a beta of 1.69.

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

The company also recently announced a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Friday, December 1st were given a dividend of $0.25 per share. This is an increase from Group 1 Automotive’s previous quarterly dividend of $0.24. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date of this dividend was Thursday, November 30th. Group 1 Automotive’s dividend payout ratio is currently 15.90%.

GPI has been the subject of a number of research analyst reports. Buckingham Research downgraded Group 1 Automotive from a “buy” rating to a “neutral” rating and set a $86.00 target price for the company. in a research report on Monday, November 13th. Berenberg Bank initiated coverage on Group 1 Automotive in a research report on Wednesday, October 4th. They issued a “hold” rating and a $77.00 target price for the company. Wells Fargo & Co increased their price objective on Group 1 Automotive from $65.00 to $85.00 and gave the company a “market perform” rating in a research report on Monday, October 30th. Zacks Investment Research upgraded Group 1 Automotive from a “sell” rating to a “hold” rating in a research report on Thursday, October 26th. Finally, KeyCorp reiterated a “hold” rating on shares of Group 1 Automotive in a research report on Wednesday, October 4th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $79.00.

In related news, CEO Earl J. Hesterberg sold 19,500 shares of the firm’s stock in a transaction on Wednesday, December 27th. The stock was sold at an average price of $74.69, for a total value of $1,456,455.00. Following the completion of the sale, the chief executive officer now directly owns 156,316 shares in the company, valued at $11,675,242.04. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Peter C. Delongchamps sold 884 shares of the firm’s stock in a transaction on Monday, November 6th. The stock was sold at an average price of $81.10, for a total value of $71,692.40. Following the completion of the sale, the vice president now owns 40,812 shares of the company’s stock, valued at $3,309,853.20. The disclosure for this sale can be found here. Insiders have sold a total of 101,834 shares of company stock valued at $7,979,053 over the last quarter. Corporate 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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