In the past week, GPI stock has gone up by 8.32%, with a monthly decline of -0.23% and a quarterly surge of 6.44%. The volatility ratio for the week is 3.36%, and the volatility levels for the last 30 days are 2.55% for Group 1 Automotive, Inc. The simple moving average for the past 20 days is 5.76% for GPI’s stock, with a 21.17% simple moving average for the past 200 days.
Is It Worth Investing in Group 1 Automotive, Inc. (NYSE: GPI) Right Now?
The price-to-earnings ratio for Group 1 Automotive, Inc. (NYSE: GPI) is 9.36x, which is above its average ratio. Moreover, the 36-month beta value for GPI is 1.32. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 9 as “hold,” and 1 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for GPI is 12.94M and currently, short sellers hold a 14.35% of that float. On October 31, 2024, GPI’s average trading volume was 130.03K shares.
GPI) stock’s latest price update
The stock price of Group 1 Automotive, Inc. (NYSE: GPI) has jumped by 6.45 compared to previous close of 355.02. Despite this, the company has seen a gain of 8.32% in its stock price over the last five trading days. seekingalpha.com reported 2024-10-30 that Group 1 Automotive Inc. (NYSE:GPI ) Q3 2024 Results Conference Call October 30, 2024 10:00 AM ET Company Participants Pete DeLongchamps – Senior Vice President of Manufacturer Relations and Financial Services Daryl Kenningham – President and Chief Executive Officer Daniel McHenry – Senior Vice President and Chief Financial Officer Conference Call Participants Rajat Gupta – JP Morgan John Murphy – Bank of America Jeff Licht – Stephens Inc Michael Ward – Freedom Capital Glenn Chin – Seaport Research Partners Operator Good morning, ladies and gentlemen and welcome to Group 1 Automotive’s Third Quarter 2024 Financial Results Conference Call. Please be advised that this call is being recorded.
Analysts’ Opinion of GPI
Many brokerage firms have already submitted their reports for GPI stocks, with Morgan Stanley repeating the rating for GPI by listing it as a “Overweight.” The predicted price for GPI in the upcoming period, according to Morgan Stanley is $430 based on the research report published on September 25, 2024 of the current year 2024.
Stephens, on the other hand, stated in their research note that they expect to see GPI reach a price target of $394. The rating they have provided for GPI stocks is “Equal-Weight” according to the report published on September 12th, 2024.
Guggenheim gave a rating of “Buy” to GPI, setting the target price at $305 in the report published on April 17th of the current year.
GPI Trading at 3.59% from the 50-Day Moving Average
After a stumble in the market that brought GPI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.07% of loss for the given period.
Volatility was left at 2.55%, however, over the last 30 days, the volatility rate increased by 3.36%, as shares surge +1.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.37% upper at present.
During the last 5 trading sessions, GPI rose by +8.32%, which changed the moving average for the period of 200-days by +38.51% in comparison to the 20-day moving average, which settled at $357.31. In addition, Group 1 Automotive, Inc. saw 24.01% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GPI starting from JONES MICHAEL DAVID, who sale 1,200 shares at the price of $350.99 back on Aug 15 ’24. After this action, JONES MICHAEL DAVID now owns 9,742 shares of Group 1 Automotive, Inc., valued at $421,193 using the latest closing price.
JONES MICHAEL DAVID, the Officer of Group 1 Automotive, Inc., proposed sale 1,200 shares at $351.01 during a trade that took place back on Aug 15 ’24, which means that JONES MICHAEL DAVID is holding shares at $421,214 based on the most recent closing price.
Stock Fundamentals for GPI
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.16 for the gross margin
The net margin for Group 1 Automotive, Inc. stands at 0.03. The total capital return value is set at 0.16. Equity return is now at value 20.26, with 6.70 for asset returns.
Based on Group 1 Automotive, Inc. (GPI), the company’s capital structure generated 0.61 points at debt to capital in total, while cash flow to debt ratio is standing at -0.02. The debt to equity ratio resting at 1.59. The interest coverage ratio of the stock is 4.42.
Currently, EBITDA for the company is 1.08 billion with net debt to EBITDA at 4.62. When we switch over and look at the enterprise to sales, we see a ratio of 0.53. The receivables turnover for the company is 30.11for trailing twelve months and the total asset turnover is 2.07. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.02.
Conclusion
To wrap up, the performance of Group 1 Automotive, Inc. (GPI) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
