Group 1 Auto upgraded by JP Morgan with a new price target
$GPI
Retail-Auto Dealers and Gas Stations
Consumer Discretionary
JP Morgan upgraded Group 1 Auto from Neutral to Overweight and set a new price target of $210.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/13/2024 | $500.00 | Buy | Jefferies |
| 9/25/2024 | $285.00 → $430.00 | Equal-Weight → Overweight | Morgan Stanley |
| 9/12/2024 | $394.00 | Equal-Weight | Stephens |
| 4/17/2024 | $305.00 | Neutral → Buy | Guggenheim |
| 2/29/2024 | $200.00 → $255.00 | Underweight → Equal-Weight | Morgan Stanley |
| 10/6/2022 | $210.00 | Neutral → Overweight | JP Morgan |
| 4/7/2022 | $240.00 → $200.00 | Overweight → Neutral | JP Morgan |
| 3/8/2022 | $200.00 → $187.00 | Equal-Weight | Morgan Stanley |
HOUSTON, Jan. 14, 2025 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 259 dealerships located in the U.S. and U.K., today announced that it will release financial results for the fourth quarter and full year ended December 31, 2024 on Wednesday, January 29, 2025 before the market opens. Daryl Kenningham, Group 1's President and Chief Executive Officer, and the Company's senior management team will host a conference call to discuss the results later that morning at 10:00 a.m. ET. The conference call will be simulcast live on the Internet at http://www.group1corp.com/events. A webcast replay will be available for 30 d
HOUSTON, Nov. 12, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 260 dealerships located in the U.S. and U.K., today announced its board of directors approved a new share repurchase authorization of $500 million, and also declared a quarterly dividend. Share Repurchase Authorization IncreaseThe Company announced that its board of directors increased the Company's common share repurchase authorization by $333 million to $500 million. Year-to-date 2024, the Company repurchased 461,365 shares at an average price per common share of $298.49, for a total of $138 million. Purchases may be made from time to time, b
Current quarter diluted earnings per common share from continuing operations of $8.68 and current quarter adjusted diluted earnings per common share from continuing operations (a non-GAAP measure) of $9.90Gross profit of $852.7 million from total revenues of $5.2 billion, both quarterly records, and an 8.4% and 11.0% increase, respectively, over the comparable prior year periodHOUSTON, Oct. 30, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 260 dealerships located in the U.S. and U.K., today reported financial results for the third quarter of 2024 ("current quarter"). Current quarter net income from continuing op
HOUSTON, Jan. 14, 2025 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 259 dealerships located in the U.S. and U.K., today announced that it will release financial results for the fourth quarter and full year ended December 31, 2024 on Wednesday, January 29, 2025 before the market opens. Daryl Kenningham, Group 1's President and Chief Executive Officer, and the Company's senior management team will host a conference call to discuss the results later that morning at 10:00 a.m. ET. The conference call will be simulcast live on the Internet at http://www.group1corp.com/events. A webcast replay will be available for 30 d
HOUSTON, Nov. 12, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 260 dealerships located in the U.S. and U.K., today announced its board of directors approved a new share repurchase authorization of $500 million, and also declared a quarterly dividend. Share Repurchase Authorization IncreaseThe Company announced that its board of directors increased the Company's common share repurchase authorization by $333 million to $500 million. Year-to-date 2024, the Company repurchased 461,365 shares at an average price per common share of $298.49, for a total of $138 million. Purchases may be made from time to time, b
Current quarter diluted earnings per common share from continuing operations of $8.68 and current quarter adjusted diluted earnings per common share from continuing operations (a non-GAAP measure) of $9.90Gross profit of $852.7 million from total revenues of $5.2 billion, both quarterly records, and an 8.4% and 11.0% increase, respectively, over the comparable prior year periodHOUSTON, Oct. 30, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 260 dealerships located in the U.S. and U.K., today reported financial results for the third quarter of 2024 ("current quarter"). Current quarter net income from continuing op
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8-K - GROUP 1 AUTOMOTIVE INC (0001031203) (Filer)
8-K - GROUP 1 AUTOMOTIVE INC (0001031203) (Filer)
10-Q - GROUP 1 AUTOMOTIVE INC (0001031203) (Filer)
Jefferies initiated coverage of Group 1 Auto with a rating of Buy and set a new price target of $500.00
Morgan Stanley upgraded Group 1 Auto from Equal-Weight to Overweight and set a new price target of $430.00 from $285.00 previously
Stephens initiated coverage of Group 1 Auto with a rating of Equal-Weight and set a new price target of $394.00
HOUSTON and LONDON, Oct. 1, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 260 dealerships located in the U.S. and U.K., announced the appointment of Mark Raban as Chief Executive Officer ("CEO") of Group 1 Automotive U.K. Raban brings more than 20 years of executive experience in automotive retail operations and finance to Group 1. In this new role, he will oversee the integration of the recently acquired Inchcape dealerships to drive strategic growth in the U.K. Leveraging the Company's expanded brand portfolio and presence, Raban will also focus on enhancing customer experience and reinforcing Group 1's stro
HOUSTON, Jan. 11, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), an international Fortune 300 automotive retailer with 199 dealerships located in the U.S. and U.K., announced the appointment of Shelley Washburn as Vice President, Marketing and Chief Marketing Officer. Washburn brings to Group 1 more than 30 years of automotive marketing and retail experience. Most recently, she was President of Gulf States Marketing (GSM) and a strategic advisor to Force Marketing, both automotive digital marketing firms. Earlier in her career, Shelley held a diverse range of positions at Ford Motor Company, Gulf State Toyota, and MSX International and a Lincoln deale
HOUSTON, May 17, 2023 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 206 dealerships located in the U.S. and U.K., today announced that Charles Szews has been elected to serve as non-executive chairman of its Board of Directors. Mr. Szews has served as a director of the Company since 2016, and currently serves on the Board of Directors, the Audit Committee, and chairs the Finance/Risk Management Committee. In addition, Mr. Szews serves on the Nominating and Corporate Governance Committee and chairs the Audit Committee for Commercial Metals Company. He succeeds Stephen D. Quinn, whose term spanned six