What is Seaport Res Ptn's Forecast for GPI FY2026 Earnings?

Key Points

• Seaport Res Ptn has revised its FY2026 earnings per share estimate for Group 1 Automotive to $45.96, down from a previous forecast of $46.71, while the consensus estimate stands at $41.00.
• Group 1 Automotive's stock is currently rated as a "Moderate Buy" with a consensus price target of $478.00, reflecting a mix of buy and hold ratings from several analysts.
• The company's recent quarterly earnings showed a significant 21.4% increase in revenue year-over-year, reporting $5.70 billion despite earnings per share growing to $11.52 for the quarter.

Group 1 Automotive, Inc. (NYSE:GPI - Free Report) - Research analysts at Seaport Res Ptn cut their FY2026 EPS estimates for Group 1 Automotive in a note issued to investors on Tuesday, October 14th. Seaport Res Ptn analyst G. Chin now anticipates that the company will earn $45.96 per share for the year, down from their prior forecast of $46.71. The consensus estimate for Group 1 Automotive's current full-year earnings is $41.00 per share.

A number of other analysts also recently issued reports on GPI. Weiss Ratings reiterated a "buy (b)" rating on shares of Group 1 Automotive in a report on Wednesday, October 8th. Zacks Research downgraded shares of Group 1 Automotive from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 13th. Morgan Stanley lifted their price target on shares of Group 1 Automotive from $470.00 to $485.00 and gave the company an "overweight" rating in a report on Thursday, August 14th. Bank of America reduced their price target on shares of Group 1 Automotive from $560.00 to $545.00 and set a "buy" rating on the stock in a report on Wednesday, September 10th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Group 1 Automotive from $430.00 to $435.00 and gave the stock a "neutral" rating in a report on Tuesday. Five analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $478.00.

Group 1 Automotive Trading Up 3.9%

Shares of Group 1 Automotive stock opened at $440.48 on Wednesday. The company's fifty day simple moving average is $451.31 and its 200-day simple moving average is $433.30. The stock has a market capitalization of $5.70 billion, a PE ratio of 12.14, a P/E/G ratio of 1.07 and a beta of 0.85. Group 1 Automotive has a 1-year low of $344.38 and a 1-year high of $490.09. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.05 and a quick ratio of 0.24.

Group 1 Automotive (NYSE:GPI - Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The company reported $11.52 earnings per share for the quarter, beating the consensus estimate of $10.31 by $1.21. Group 1 Automotive had a net margin of 2.18% and a return on equity of 18.10%. The company had revenue of $5.70 billion during the quarter, compared to the consensus estimate of $5.65 billion. During the same quarter last year, the firm earned $9.82 earnings per share. The firm's quarterly revenue was up 21.4% compared to the same quarter last year.

Hedge Funds Weigh In On Group 1 Automotive

A number of institutional investors have recently bought and sold shares of GPI. Advent International L.P. increased its position in shares of Group 1 Automotive by 15.3% during the first quarter. Advent International L.P. now owns 235,195 shares of the company's stock valued at $89,833,000 after acquiring an additional 31,244 shares during the last quarter. Nuveen LLC acquired a new position in shares of Group 1 Automotive in the first quarter valued at approximately $74,499,000. Invesco Ltd. grew its holdings in shares of Group 1 Automotive by 1.8% in the first quarter. Invesco Ltd. now owns 180,580 shares of the company's stock valued at $68,973,000 after purchasing an additional 3,277 shares in the last quarter. GW&K Investment Management LLC grew its holdings in shares of Group 1 Automotive by 0.7% in the first quarter. GW&K Investment Management LLC now owns 173,602 shares of the company's stock valued at $66,307,000 after purchasing an additional 1,281 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Group 1 Automotive in the second quarter valued at approximately $70,561,000. 99.92% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Group 1 Automotive news, Director Steven Mizell sold 525 shares of the company's stock in a transaction that occurred on Tuesday, July 29th. The shares were sold at an average price of $417.98, for a total transaction of $219,439.50. Following the transaction, the director owned 8 shares in the company, valued at approximately $3,343.84. This represents a 98.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Lincoln Pereira sold 7,000 shares of the company's stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $469.34, for a total transaction of $3,285,380.00. Following the transaction, the director owned 82,967 shares in the company, valued at $38,939,731.78. The trade was a 7.78% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 2.10% of the company's stock.

Group 1 Automotive Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Tuesday, September 2nd. Group 1 Automotive's payout ratio is 5.51%.

About Group 1 Automotive

Group 1 Automotive, Inc, through its subsidiaries, operates in the automotive retail industry in the United States and the United Kingdom. The company sells new and used cars, light trucks, and vehicle parts, as well as service and insurance contracts; arranges related vehicle financing; and offers automotive maintenance and repair services.

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