Group 1 Automotive Inc. (NYSE: GPI) has reported earnings for its first fiscal quarter (ending March 31) of $10.76 versus $11.16 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $42.45 compared to $46.72 a year ago.
Recent Price Action
On 4/24/24, Group 1 Automotive Inc. (NYSE: GPI) stock enjoyed a very large increase of 7.2%, closing at $299.71. Moreover, exceptionally high trading volume at 283% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 11.2% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, GPI is expected to continue to be an important Value Builder.
Group 1 Automotive has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Group 1 Automotive has a very high Appreciation Score of 92 but a neutral Power Rating of 47, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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