GP Strategies (NYSE:GPX) Upgraded at ValuEngine

ValuEngine upgraded shares of GP Strategies (NYSE:GPX) from a sell rating to a hold rating in a report issued on Wednesday morning, ValuEngine reports.

A number of other research analysts also recently issued reports on GPX. Barrington Research reiterated a buy rating and set a $20.00 price objective on shares of GP Strategies in a report on Tuesday, August 6th. Zacks Investment Research downgraded GP Strategies from a hold rating to a strong sell rating in a report on Tuesday, August 6th.

Shares of GP Strategies stock opened at $12.73 on Wednesday. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.93 and a quick ratio of 1.93. The company has a market capitalization of $233.14 million, a P/E ratio of 14.14, a price-to-earnings-growth ratio of 0.98 and a beta of 0.82. GP Strategies has a 1 year low of $11.77 and a 1 year high of $19.55. The business has a 50-day moving average of $14.76 and a two-hundred day moving average of $14.35.



GP Strategies (NYSE:GPX) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.22 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.26 by ($0.04). The firm had revenue of $149.41 million for the quarter, compared to the consensus estimate of $149.01 million. GP Strategies had a return on equity of 6.65% and a net margin of 1.32%. On average, equities analysts anticipate that GP Strategies will post 0.94 EPS for the current fiscal year.

Several large investors have recently bought and sold shares of GPX. Cove Street Capital LLC boosted its position in GP Strategies by 3.8% during the first quarter. Cove Street Capital LLC now owns 2,297,922 shares of the company’s stock valued at $27,920,000 after purchasing an additional 84,138 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in GP Strategies by 2.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,120,417 shares of the company’s stock valued at $14,129,000 after purchasing an additional 28,556 shares during the last quarter. BlackRock Inc. boosted its position in GP Strategies by 21.6% during the second quarter. BlackRock Inc. now owns 887,601 shares of the company’s stock valued at $13,385,000 after purchasing an additional 157,483 shares during the last quarter. Royce & Associates LP boosted its position in GP Strategies by 1.7% during the first quarter. Royce & Associates LP now owns 746,539 shares of the company’s stock valued at $9,070,000 after purchasing an additional 12,800 shares during the last quarter. Finally, Rutabaga Capital Management LLC MA acquired a new position in GP Strategies during the first quarter valued at approximately $5,168,000. Institutional investors and hedge funds own 89.47% of the company’s stock.

GP Strategies Company Profile

GP Strategies Corporation provides performance improvement and learning solutions worldwide. It operates through four segments: Learning Solutions, Professional & Technical Services, Sandy Training & Marketing, and Performance Readiness Solutions. The Learning Solutions segment delivers training, curriculum design and development, digital learning, system hosting, managed learning, and consulting services to electronics and semiconductors, healthcare, software, financial services, and other industries, as well as government agencies; and provides apprenticeship and vocational skills training services.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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