Wall Street brokerages expect GP Strategies Corporation (NYSE:GPX) to post earnings per share (EPS) of $0.29 for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for GP Strategies Corporation’s earnings. The lowest EPS estimate is $0.25 and the highest is $0.35. GP Strategies Corporation posted earnings per share of $0.40 in the same quarter last year, which indicates a negative year over year growth rate of 27.5%. The business is expected to report its next earnings results on Tuesday, February 27th.

According to Zacks, analysts expect that GP Strategies Corporation will report full-year earnings of $1.08 per share for the current year, with EPS estimates ranging from $1.04 to $1.13. For the next financial year, analysts expect that the company will report earnings of $1.34 per share, with EPS estimates ranging from $1.27 to $1.41. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that cover GP Strategies Corporation.

GP Strategies Corporation (NYSE:GPX) last announced its earnings results on Thursday, November 2nd. The company reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.26 by $0.03. GP Strategies Corporation had a return on equity of 12.16% and a net margin of 3.95%. The company had revenue of $124.10 million during the quarter, compared to analysts’ expectations of $125.01 million. During the same period last year, the business posted $0.29 EPS. GP Strategies Corporation’s revenue for the quarter was up 1.7% on a year-over-year basis.

A number of equities analysts recently commented on GPX shares. Barrington Research raised their target price on GP Strategies Corporation from $30.00 to $32.00 and gave the company an “outperform” rating in a report on Friday, July 28th. Zacks Investment Research cut GP Strategies Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, September 27th. B. Riley set a $27.00 target price on GP Strategies Corporation and gave the company a “hold” rating in a report on Tuesday, October 31st. BidaskClub cut GP Strategies Corporation from a “buy” rating to a “hold” rating in a report on Thursday, August 10th. Finally, ValuEngine upgraded GP Strategies Corporation from a “hold” rating to a “buy” rating in a report on Friday, July 28th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $30.00.

In other news, Director Marshall S. Geller sold 3,894 shares of GP Strategies Corporation stock in a transaction dated Wednesday, August 30th. The stock was sold at an average price of $28.64, for a total value of $111,524.16. Following the completion of the transaction, the director now owns 141,051 shares in the company, valued at approximately $4,039,700.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Marshall S. Geller sold 7,691 shares of GP Strategies Corporation stock in a transaction dated Thursday, August 31st. The shares were sold at an average price of $28.59, for a total value of $219,885.69. Following the completion of the transaction, the director now owns 141,051 shares of the company’s stock, valued at approximately $4,032,648.09. The disclosure for this sale can be found here. Company insiders own 25.70% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Neuberger Berman Group LLC boosted its stake in shares of GP Strategies Corporation by 9.7% in the 3rd quarter. Neuberger Berman Group LLC now owns 570,797 shares of the company’s stock valued at $17,609,000 after buying an additional 50,636 shares during the period. Oppenheimer Asset Management Inc. boosted its stake in shares of GP Strategies Corporation by 23.1% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 41,529 shares of the company’s stock valued at $1,281,000 after buying an additional 7,785 shares during the period. NWQ Investment Management Company LLC boosted its stake in shares of GP Strategies Corporation by 8.9% in the 3rd quarter. NWQ Investment Management Company LLC now owns 1,264,418 shares of the company’s stock valued at $39,007,000 after buying an additional 103,140 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of GP Strategies Corporation by 1.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 979,414 shares of the company’s stock valued at $30,215,000 after buying an additional 14,599 shares during the period. Finally, Schwab Charles Investment Management Inc. boosted its stake in shares of GP Strategies Corporation by 6.8% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 76,421 shares of the company’s stock valued at $2,358,000 after buying an additional 4,857 shares during the period. Institutional investors and hedge funds own 89.20% of the company’s stock.

Shares of GP Strategies Corporation (NYSE GPX) remained flat at $$24.20 during trading on Friday. 17,719 shares of the stock were exchanged, compared to its average volume of 30,002. GP Strategies Corporation has a 1 year low of $22.70 and a 1 year high of $31.25. The company has a market capitalization of $406.16, a PE ratio of 19.53, a PEG ratio of 1.55 and a beta of 0.92. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.10.

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GP Strategies Corporation Company Profile

GP Strategies Corporation (GP Strategies) is a global performance improvement solutions provider of sales and technical training, e-learning solutions, management consulting and engineering services. The Company operates in five segments: Learning Solutions, Professional & Technical Services, Sandy Training & Marketing, RWD and Energy Services.

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Earnings History and Estimates for GP Strategies Corporation (NYSE:GPX)

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