Group 1 Automotive (NYSE:GPI – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported $9.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $9.87 by $0.03, Briefing.com reports. The firm had revenue of $5.22 billion during the quarter, compared to the consensus estimate of $5.06 billion. Group 1 Automotive had a return on equity of 18.83% and a net margin of 2.68%. The firm’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $12.07 earnings per share.
Group 1 Automotive Stock Performance
Shares of NYSE GPI traded down $1.98 during trading on Friday, reaching $362.34. The stock had a trading volume of 136,270 shares, compared to its average volume of 134,789. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.26 and a current ratio of 1.02. The stock has a market cap of $4.86 billion, a PE ratio of 9.65, a P/E/G ratio of 1.93 and a beta of 1.32. Group 1 Automotive has a one year low of $255.73 and a one year high of $393.93. The firm’s 50 day moving average price is $365.24 and its two-hundred day moving average price is $330.02.
Group 1 Automotive Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, September 16th. Stockholders of record on Monday, September 2nd were given a $0.47 dividend. The ex-dividend date of this dividend was Friday, August 30th. This represents a $1.88 annualized dividend and a dividend yield of 0.52%. Group 1 Automotive’s payout ratio is 5.01%.
Analyst Ratings Changes
Read Our Latest Report on Group 1 Automotive
Insiders Place Their Bets
In other Group 1 Automotive news, VP Michael David Jones sold 1,200 shares of the stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $350.99, for a total transaction of $421,188.00. Following the sale, the vice president now directly owns 9,742 shares of the company’s stock, valued at approximately $3,419,344.58. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.70% of the stock is currently owned by corporate insiders.
Group 1 Automotive Company Profile
Group 1 Automotive, Inc, through its subsidiaries, operates in the automotive retail industry in the United States and the United Kingdom. The company sells new and used cars, light trucks, and vehicle parts, as well as service and insurance contracts; arranges related vehicle financing; and offers automotive maintenance and repair services.
Recommended Stories
- Five stocks we like better than Group 1 Automotive
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- Battle of the Retailers: Who Comes Out on Top?
- What is a Low P/E Ratio and What Does it Tell Investors?
- HCA Healthcare: Temporary Setbacks, Long-Term Strength
- The 3 Best Blue-Chip Stocks to Buy Now
- MarketBeat Week in Review – 10/28 – 11/1
Receive News & Ratings for Group 1 Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Group 1 Automotive and related companies with MarketBeat.com's FREE daily email newsletter.