GP Strategies Corp. Price Target Increased to $34.00 by Analysts at Roth Capital (GPX)
Analysts at Roth Capital lifted their price target on shares of GP Strategies Corp. (NYSE:GPX) from $32.00 to $34.00 in a research report issued to clients and investors on Wednesday, ARN reports. Roth Capital’s price objective indicates a potential upside of 16.16% from the company’s current price.
Separately, analysts at B. Riley raised their price target on shares of GP Strategies Corp. from $29.00 to $32.50 in a research note on Wednesday.
GP Strategies Corp. (NYSE:GPX) traded up 0.17% during mid-day trading on Wednesday, hitting $29.32. 49,714 shares of the company’s stock traded hands. GP Strategies Corp. has a 1-year low of $20.28 and a 1-year high of $30.88. The stock’s 50-day moving average is $28.13 and its 200-day moving average is $27.53. The company has a market cap of $561.3 million and a P/E ratio of 25.23.
GP Strategies Corp. (NYSE:GPX) last issued its quarterly earnings data on Tuesday, February 25th. The company reported $0.38 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.34 by $0.04. The company had revenue of $117.20 million for the quarter, compared to the consensus estimate of $118.05 million. During the same quarter in the prior year, the company posted $0.32 earnings per share. Analysts expect that GP Strategies Corp. will post $1.50 EPS for the current fiscal year.
In other GP Strategies Corp. news, Director Marshall Geller sold 4,000 shares of the stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $26.53, for a total transaction of $106,120.00. Following the completion of the sale, the director now directly owns 174,945 shares in the company, valued at approximately $4,641,291. The sale was disclosed in a document filed with the SEC, which is available at this link.
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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