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Hot Stocks
Group 1 Automotive reinstates quarterly dividend at 30c per share » 17:43
11/18/20
11/18
17:43
11/18/20
17:43
GPI

Group 1 Automotive

$121.77 /

+0.2 (+0.16%)

Group 1 Automotive…

Group 1 Automotive declared a cash dividend of 30c per share for the third quarter. The dividend will be payable on December 15 to stockholders of record as of December 1.

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GPI Group 1 Automotive
$121.77 /

+0.2 (+0.16%)

GPI Group 1 Automotive
$121.77 /

+0.2 (+0.16%)

10/19/20 Seaport Global
Group 1 Automotive initiated with a Buy at Seaport Global
08/27/20 Benchmark
Benchmark sees more strong earnings from auto dealers, ups targets in group
07/08/20 JPMorgan
Group 1 Automotive price target lowered to $94 from $95 at JPMorgan
06/26/20 Benchmark
Group 1 Automotive price target raised to $100 from $79 at Benchmark
GPI Group 1 Automotive
$121.77 /

+0.2 (+0.16%)

GPI Group 1 Automotive
$121.77 /

+0.2 (+0.16%)

Earnings
Group 1 Automotive reports Q3 adjusted EPS $6.97, consensus $6.07 » 07:11
10/29/20
10/29
07:11
10/29/20
07:11
GPI

Group 1 Automotive

$109.18 /

-2.48 (-2.22%)

Reports Q3 revenue $3B,…

Reports Q3 revenue $3B, consensus $3.01B.

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GPI Group 1 Automotive
$109.18 /

-2.48 (-2.22%)

GPI Group 1 Automotive
$109.18 /

-2.48 (-2.22%)

10/19/20 Seaport Global
Group 1 Automotive initiated with a Buy at Seaport Global
08/27/20 Benchmark
Benchmark sees more strong earnings from auto dealers, ups targets in group
07/08/20 JPMorgan
Group 1 Automotive price target lowered to $94 from $95 at JPMorgan
06/26/20 Benchmark
Group 1 Automotive price target raised to $100 from $79 at Benchmark
GPI Group 1 Automotive
$109.18 /

-2.48 (-2.22%)

GPI Group 1 Automotive
$109.18 /

-2.48 (-2.22%)

Over a month ago
Initiation
Group 1 Automotive initiated with a Buy at Seaport Global » 06:52
10/19/20
10/19
06:52
10/19/20
06:52
GPI

Group 1 Automotive

$125.67 /

-0.905 (-0.72%)

Seaport Global analyst…

Seaport Global analyst Glenn Chin initiated coverage of Group 1 Automotive with a Buy rating and $165 price target. The company's earnings growth is better than some peers and yet the shares are the least expensive in the group, Chin tells investors. The analyst also notes that Group 1 has reported 13 consecutive positive earnings surprises.

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GPI Group 1 Automotive
$125.67 /

-0.905 (-0.72%)

GPI Group 1 Automotive
$125.67 /

-0.905 (-0.72%)

08/27/20 Benchmark
Benchmark sees more strong earnings from auto dealers, ups targets in group
07/08/20 JPMorgan
Group 1 Automotive price target lowered to $94 from $95 at JPMorgan
06/26/20 Benchmark
Group 1 Automotive price target raised to $100 from $79 at Benchmark
06/26/20 JPMorgan
Group 1 Automotive price target raised to $95 from $83 at JPMorgan
GPI Group 1 Automotive
$125.67 /

-0.905 (-0.72%)

GPI Group 1 Automotive
$125.67 /

-0.905 (-0.72%)

Hot Stocks
Group 1 Automotive rises 14.3% » 12:00
10/06/20
10/06
12:00
10/06/20
12:00
GPI

Group 1 Automotive

$116.50 /

+14.43 (+14.14%)

Group 1 Automotive is up…

Group 1 Automotive is up 14.3%, or $14.61 to $116.61.

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GPI Group 1 Automotive
$116.50 /

+14.43 (+14.14%)

GPI Group 1 Automotive
$116.50 /

+14.43 (+14.14%)

08/27/20 Benchmark
Benchmark sees more strong earnings from auto dealers, ups targets in group
07/08/20 JPMorgan
Group 1 Automotive price target lowered to $94 from $95 at JPMorgan
06/26/20 Benchmark
Group 1 Automotive price target raised to $100 from $79 at Benchmark
06/26/20 JPMorgan
Group 1 Automotive price target raised to $95 from $83 at JPMorgan
GPI Group 1 Automotive
$116.50 /

+14.43 (+14.14%)

GPI Group 1 Automotive
$116.50 /

+14.43 (+14.14%)

Hot Stocks
Group 1 Automotive rises 13.7% » 10:00
10/06/20
10/06
10:00
10/06/20
10:00
GPI

Group 1 Automotive

$116.00 /

+13.93 (+13.65%)

Group 1 Automotive is up…

Group 1 Automotive is up 13.7%, or $13.99 to $115.99.

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GPI Group 1 Automotive
$116.00 /

+13.93 (+13.65%)

GPI Group 1 Automotive
$116.00 /

+13.93 (+13.65%)

08/27/20 Benchmark
Benchmark sees more strong earnings from auto dealers, ups targets in group
07/08/20 JPMorgan
Group 1 Automotive price target lowered to $94 from $95 at JPMorgan
06/26/20 Benchmark
Group 1 Automotive price target raised to $100 from $79 at Benchmark
06/26/20 JPMorgan
Group 1 Automotive price target raised to $95 from $83 at JPMorgan
GPI Group 1 Automotive
$116.00 /

+13.93 (+13.65%)

GPI Group 1 Automotive
$116.00 /

+13.93 (+13.65%)

Hot Stocks
Group 1 Automotive rises 9.6% » 09:47
10/06/20
10/06
09:47
10/06/20
09:47
GPI

Group 1 Automotive

$111.50 /

+9.43 (+9.24%)

Group 1 Automotive is up…

Group 1 Automotive is up 9.6%, or $9.75 to $111.75.

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GPI Group 1 Automotive
$111.50 /

+9.43 (+9.24%)

GPI Group 1 Automotive
$111.50 /

+9.43 (+9.24%)

08/27/20 Benchmark
Benchmark sees more strong earnings from auto dealers, ups targets in group
07/08/20 JPMorgan
Group 1 Automotive price target lowered to $94 from $95 at JPMorgan
06/26/20 Benchmark
Group 1 Automotive price target raised to $100 from $79 at Benchmark
06/26/20 JPMorgan
Group 1 Automotive price target raised to $95 from $83 at JPMorgan
GPI Group 1 Automotive
$111.50 /

+9.43 (+9.24%)

GPI Group 1 Automotive
$111.50 /

+9.43 (+9.24%)

Hot Stocks
Group 1 Automotive up 5% to $107.76 after Q3 EPS view beats estimates  07:52
10/06/20
10/06
07:52
10/06/20
07:52
GPI

Group 1 Automotive

$102.07 /

+4.65 (+4.77%)

 
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GPI Group 1 Automotive
$102.07 /

+4.65 (+4.77%)

GPI Group 1 Automotive
$102.07 /

+4.65 (+4.77%)

08/27/20 Benchmark
Benchmark sees more strong earnings from auto dealers, ups targets in group
07/08/20 JPMorgan
Group 1 Automotive price target lowered to $94 from $95 at JPMorgan
06/26/20 Benchmark
Group 1 Automotive price target raised to $100 from $79 at Benchmark
06/26/20 JPMorgan
Group 1 Automotive price target raised to $95 from $83 at JPMorgan
GPI Group 1 Automotive
$102.07 /

+4.65 (+4.77%)

GPI Group 1 Automotive
$102.07 /

+4.65 (+4.77%)

Hot Stocks
Group 1 Automotive expects to reinstate quarterly cash dividend » 07:11
10/06/20
10/06
07:11
10/06/20
07:11
GPI

Group 1 Automotive

$102.07 /

+4.65 (+4.77%)

The company expects to…

The company expects to reinstate a quarterly cash dividend following its board meeting in mid-November, payable in mid-December.

ShowHide Related Items >><<
GPI Group 1 Automotive
$102.07 /

+4.65 (+4.77%)

GPI Group 1 Automotive
$102.07 /

+4.65 (+4.77%)

08/27/20 Benchmark
Benchmark sees more strong earnings from auto dealers, ups targets in group
07/08/20 JPMorgan
Group 1 Automotive price target lowered to $94 from $95 at JPMorgan
06/26/20 Benchmark
Group 1 Automotive price target raised to $100 from $79 at Benchmark
06/26/20 JPMorgan
Group 1 Automotive price target raised to $95 from $83 at JPMorgan
GPI Group 1 Automotive
$102.07 /

+4.65 (+4.77%)

GPI Group 1 Automotive
$102.07 /

+4.65 (+4.77%)

Hot Stocks
Group 1 Automotive announces new $200M share repurchase program » 07:10
10/06/20
10/06
07:10
10/06/20
07:10
GPI

Group 1 Automotive

$102.07 /

+4.65 (+4.77%)

The company expects that…

The company expects that any repurchase of shares will be funded from cash from operations.

ShowHide Related Items >><<
GPI Group 1 Automotive
$102.07 /

+4.65 (+4.77%)

GPI Group 1 Automotive
$102.07 /

+4.65 (+4.77%)

08/27/20 Benchmark
Benchmark sees more strong earnings from auto dealers, ups targets in group
07/08/20 JPMorgan
Group 1 Automotive price target lowered to $94 from $95 at JPMorgan
06/26/20 Benchmark
Group 1 Automotive price target raised to $100 from $79 at Benchmark
06/26/20 JPMorgan
Group 1 Automotive price target raised to $95 from $83 at JPMorgan
GPI Group 1 Automotive
$102.07 /

+4.65 (+4.77%)

GPI Group 1 Automotive
$102.07 /

+4.65 (+4.77%)

Earnings
Group 1 Automotive sees Q3 adjusted EPS $6.40-$6.80, consensus $3.51 » 07:09
10/06/20
10/06
07:09
10/06/20
07:09
GPI

Group 1 Automotive

$102.07 /

+4.65 (+4.77%)

Adjusted earnings per…

Adjusted earnings per share reflects the exclusion of the $3.3M pre-tax expense or approximately 15c EPS impact of redeeming all previously issued 5.00% bonds due June 2022. This represents a 206% to 226% increase on a GAAP basis and a 112% to 125% increase on an adjusted basis as compared to third quarter 2019 results of $2.04 and $3.02, respectively. This earnings increase represents a continuation of the solid profit performance of May and June 2020. Group 1 believes that new and used vehicle gross margins in the U.S. have more than offset reduced vehicle sales volumes stemming from low inventory levels, resulting in year-over-year gross profit growth. U.S. SG&A expense as a percentage of gross profit continues to be well below historical levels and was generally consistent with second quarter 2020 reported non-GAAP results. Group 1 expects a material percentage of these cost reductions to be permanent. Group 1's U.K. operations also contributed to the significant third quarter profit improvement with vehicle sales and service levels recovering from the extensive lockdowns that occurred over April and May. U.K. new vehicle same store sales increased approximately 20 percent over 2019 and used vehicle sales were up mid-single digits. U.K. SG&A expense as a percentage of gross profit will be well below 2019 levels, and we expect a significant portion of those cost reductions to be permanent as well. Additionally, Group 1's Brazilian operations were profitable for the quarter despite severe traffic reductions in Sao Paulo due to the pandemic.

ShowHide Related Items >><<
GPI Group 1 Automotive
$102.07 /

+4.65 (+4.77%)

GPI Group 1 Automotive
$102.07 /

+4.65 (+4.77%)

08/27/20 Benchmark
Benchmark sees more strong earnings from auto dealers, ups targets in group
07/08/20 JPMorgan
Group 1 Automotive price target lowered to $94 from $95 at JPMorgan
06/26/20 Benchmark
Group 1 Automotive price target raised to $100 from $79 at Benchmark
06/26/20 JPMorgan
Group 1 Automotive price target raised to $95 from $83 at JPMorgan
GPI Group 1 Automotive
$102.07 /

+4.65 (+4.77%)

GPI Group 1 Automotive
$102.07 /

+4.65 (+4.77%)

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