Group 1 Automotive Inc. (NYSE: GPI) has reported earnings for its third fiscal quarter (ending September 30) of $8.68 versus $11.72 for the same period a year ago — a decline of -26%. For the latest four quarters through September 30, E.P.S. were $37.52 versus $45.73 for the same period a year ago — a decline of -18%.
Recent Price Action
Group 1 Automotive Inc. (NYSE: GPI) stock enjoyed a very large increase of 6.4% on 10/30/24. The shares closed at $377.91. Moreover, trading volume in this advance was unusually high at 196% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 9.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed 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 A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Group 1 Automotive has a good Power Rating of 81 and a very high Appreciation Score of 88, with the Highest Value Trend Rating the result.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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