GP Strategies Corp. PT Raised to $32.50 (GPX)
Research analysts at B. Riley hoisted their target price on shares of GP Strategies Corp. (NYSE:GPX) from $29.00 to $32.50 in a report released on Wednesday, AnalystRatings.NET reports. B. Riley’s target price would indicate a potential upside of 11.04% from the stock’s previous close.
Shares of GP Strategies Corp. (NYSE:GPX) traded up 0.17% on Wednesday, hitting $29.32. The stock had a trading volume of 49,714 shares. GP Strategies Corp. has a 52-week low of $20.28 and a 52-week high of $30.88. The stock has a 50-day moving average of $28.13 and a 200-day moving average of $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 announced its earnings results 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. On average, analysts predict that GP Strategies Corp. will post $1.50 earnings per share for the current fiscal year.
In other GP Strategies Corp. news, Director Marshall Geller unloaded 4,000 shares of the stock on the open market in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $26.53, for a total value of $106,120.00. Following the transaction, the director now directly owns 174,945 shares in the company, valued at approximately $4,641,291. The transaction was disclosed in a document filed with the SEC, which can be accessed through 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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