Group 1 Automotive, Inc. (NYSE: GPI) is 23.63% higher on its value in year-to-date trading and has touched a low of $228.84 and a high of $376.65 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GPI stock was last observed hovering at around $372.14 in the last trading session, with the day’s gains setting it 4.62%.
Currently trading at $376.76, the stock is 6.88% and 15.63% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.21 million and changing 1.24% at the moment leaves the stock 27.60% off its SMA200. GPI registered 41.32% gain for a year compared to 6-month gain of 38.40%.
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 stock witnessed a 6.11% loss in the last 1 month and extending the period to 3 months gives it a 21.15%, and is 2.05% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.76% over the week and 2.27% over the month.
Group 1 Automotive, Inc. (GPI) has around 16011 employees, a market worth around $5.05B and $18.35B in sales. Current P/E ratio is 9.33 and Fwd P/E is 9.08. Profit margin for the company is 2.97%. Distance from 52-week low is 64.64% and 0.03% from its 52-week high. The company has generated returns on investments over the last 12 months (10.18%).
The EPS is expected to shrink by -10.58% this year.
Group 1 Automotive, Inc. (GPI) Top Institutional Holders
494.0 institutions hold shares in Group 1 Automotive, Inc. (GPI), with institutional investors hold 108.15% of the company’s shares. The shares outstanding are 13.68M, and float is at 12.94M with Short Float at 14.52%. Institutions hold 105.52% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 2.24 million shares valued at $666.26 million. The investor’s holdings represent 16.945% of the GPI Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 1.45 million shares valued at $$430.18 million to account for 10.9407 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 1.0 million shares representing 7.5547% and valued at over $297.04 million, while MANUFACTURERS LIFE INSURANCE COMPANY, THE holds 4.8324 of the shares totaling 0.64 million with a market value of $190.0 million.
Group 1 Automotive, Inc. (GPI) Insider Activity
The most recent transaction is an insider sale by JONES MICHAEL DAVID,the company’sSr. Vice President, Aftersales. SEC filings show that JONES MICHAEL DAVID sold 1,200 shares of the company’s common stock on Aug 15 ’24 at a price of $350.99 per share for a total of $0.42 million. Following the sale, the insider now owns 9742.0 shares.
Still, SEC filings show that on Jun 03 ’24, McKissic Edward (Senior VP, Human Resources) disposed off 170 shares at an average price of $318.92 for $54216.0. The insider now directly holds 6,082 shares of Group 1 Automotive, Inc. (GPI).
