Brokerages expect GP Strategies Corp (NYSE:GPX) to report $0.22 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for GP Strategies’ earnings, with the highest EPS estimate coming in at $0.24 and the lowest estimate coming in at $0.20. GP Strategies posted earnings per share of $0.24 during the same quarter last year, which would indicate a negative year-over-year growth rate of 8.3%. The firm is expected to announce its next quarterly earnings report on Tuesday, May 1st.

According to Zacks, analysts expect that GP Strategies will report full year earnings of $1.43 per share for the current fiscal year, with EPS estimates ranging from $1.16 to $1.73. For the next fiscal year, analysts forecast that the company will report earnings of $1.91 per share, with EPS estimates ranging from $1.70 to $2.11. Zacks’ earnings per share calculations are an average based on a survey of research firms that follow GP Strategies.

GP Strategies (NYSE:GPX) last issued its quarterly earnings results on Thursday, March 1st. The company reported $0.38 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.26 by $0.12. The firm had revenue of $131.50 million for the quarter, compared to analysts’ expectations of $131.87 million. GP Strategies had a return on equity of 11.65% and a net margin of 2.53%.

Several brokerages recently issued reports on GPX. B. Riley upgraded GP Strategies from a “neutral” rating to a “buy” rating and boosted their price target for the company from $24.50 to $28.00 in a research report on Thursday, January 4th. Barrington Research restated a “buy” rating and issued a $30.00 price target on shares of GP Strategies in a research report on Monday, February 26th. Finally, Zacks Investment Research upgraded GP Strategies from a “strong sell” rating to a “hold” rating and set a $29.00 price target on the stock in a research report on Wednesday, January 3rd. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. The company has an average rating of “Buy” and an average price target of $29.00.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC acquired a new position in GP Strategies during the 3rd quarter worth approximately $106,000. Ramsey Quantitative Systems acquired a new position in GP Strategies during the 4th quarter worth approximately $110,000. MetLife Investment Advisors LLC acquired a new position in GP Strategies during the 4th quarter worth approximately $134,000. Connors Investor Services Inc. acquired a new position in GP Strategies during the 4th quarter worth approximately $232,000. Finally, The Manufacturers Life Insurance Company increased its position in GP Strategies by 2.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 10,091 shares of the company’s stock worth $267,000 after purchasing an additional 225 shares during the period. Institutional investors own 89.06% of the company’s stock.

GPX stock remained flat at $$21.80 during trading on Tuesday. The company had a trading volume of 7,377 shares, compared to its average volume of 61,751. The firm has a market cap of $375.81, a PE ratio of 16.26, a PEG ratio of 1.06 and a beta of 0.86. GP Strategies has a 1 year low of $20.30 and a 1 year high of $31.25. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.33 and a quick ratio of 1.33.

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GP Strategies Corporation (GP Strategies) is a global performance improvement solutions provider of sales and technical training, e-learning solutions, management consulting and engineering services. The Company operates in five segments: Learning Solutions, Professional & Technical Services, Sandy Training & Marketing, RWD and Energy Services.

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