GP Strategies Corp. Sets New 1-Year High at $30.88 (GPX)
GP Strategies Corp. (NYSE:GPX) set a new 52-week high during mid-day trading on Wednesday, Analyst Ratings News reports. The stock traded as high as $30.88 and last traded at $30.71, with a volume of 37,856 shares. The stock had previously closed at $30.28.
Several analysts have recently commented on the stock. Analysts at Roth Capital raised their price target on shares of GP Strategies Corp. from $28.00 to $32.00 in a research note to investors on Friday, November 1st. They now have a “buy” rating on the stock. Separately, analysts at Barrington Research raised their price target on shares of GP Strategies Corp. from $30.00 to $33.00 in a research note to investors on Friday, November 1st. They now have an “outperform” rating on the stock. Finally, analysts at B. Riley raised their price target on shares of GP Strategies Corp. from $24.00 to $29.00 in a research note to investors on Friday, November 1st. They now have a “neutral” rating on the stock. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. GP Strategies Corp. has an average rating of “Buy” and a consensus target price of $31.33.
GP Strategies Corp. has a 1-year low of $20.28 and a 1-year high of $30.88. The stock has a 50-day moving average of $29.05 and a 200-day moving average of $27.1. The company has a market cap of $583.9 million and a P/E ratio of 26.10.
GP Strategies Corp. (NYSE:GPX) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.32 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.31 by $0.01. The company had revenue of $113.20 million for the quarter, compared to the consensus estimate of $109.30 million. During the same quarter last year, the company posted $0.32 earnings per share. GP Strategies Corp.’s revenue was up 13.5% compared to the same quarter last year. On average, analysts predict that GP Strategies Corp. will post $1.19 earnings per share for the current fiscal year.
GP Strategies Corporation (NYSE:GPX) is a global performance improvement solutions provider of sales and technical training, e-learning solutions, management consulting and engineering services.
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