Kelly Services, Inc. (KELYA) Forms $30.91 Double Top; Group 1 Automotive Has 1.21 Sentiment

April 10, 2018 - By Shannon Black

Group 1 Automotive, Inc. (NYSE:GPI) Logo

Group 1 Automotive Inc (GPI) investors sentiment increased to 1.21 in 2017 Q4. It’s up 0.22, from 0.99 in 2017Q3. The ratio is more positive, as 94 investment professionals started new or increased positions, while 78 sold and reduced positions in Group 1 Automotive Inc. The investment professionals in our database reported: 20.23 million shares, down from 20.26 million shares in 2017Q3. Also, the number of investment professionals holding Group 1 Automotive Inc in top ten positions was flat from 0 to 0 for the same number . Sold All: 22 Reduced: 56 Increased: 50 New Position: 44.

Kelly Services, Inc. (KELYA) formed double top with $32.76 target or 6.00% above today’s $30.91 share price. Kelly Services, Inc. (KELYA) has $1.19 billion valuation. The stock increased 4.60% or $1.36 during the last trading session, reaching $30.91. About 84,665 shares traded. Kelly Services, Inc. (NASDAQ:KELYA) has risen 35.18% since April 10, 2017 and is uptrending. It has outperformed by 23.63% the S&P500.

Analysts await Group 1 Automotive, Inc. (NYSE:GPI) to report earnings on April, 27. They expect $1.93 EPS, up 26.14% or $0.40 from last year’s $1.53 per share. GPI’s profit will be $39.01 million for 8.20 P/E if the $1.93 EPS becomes a reality. After $2.11 actual EPS reported by Group 1 Automotive, Inc. for the previous quarter, Wall Street now forecasts -8.53% negative EPS growth.

Ratings analysis reveals 0 of Group 1 Auto’s analysts are positive. Out of 3 Wall Street analysts rating Group 1 Auto, 0 give it “Buy”, 1 “Sell” rating, while 2 recommend “Hold”. GPI was included in 3 notes of analysts from November 22, 2016. The stock of Group 1 Automotive, Inc. (NYSE:GPI) earned “Sell” rating by Goldman Sachs on Tuesday, November 22. The firm has “Neutral” rating by Susquehanna given on Thursday, February 2. The rating was downgraded by CL King on Tuesday, January 10 to “Neutral”.

Moon Capital Management Llc holds 2.52% of its portfolio in Group 1 Automotive, Inc. for 34,704 shares. Towle & Co owns 344,779 shares or 2.41% of their US portfolio. Moreover, Eminence Capital Lp has 2.03% invested in the company for 1.87 million shares. The Massachusetts-based Cubic Asset Management Llc has invested 1.15% in the stock. Ironwood Investment Management Llc, a Massachusetts-based fund reported 22,220 shares.

Group 1 Automotive, Inc., through its subsidiaries, operates in the automotive retail industry. The company has market cap of $1.28 billion. It sells new and used cars, light trucks, and vehicle parts; arranges vehicle financing; sells service and insurance contracts; and provides automotive maintenance and repair services. It has a 6.28 P/E ratio. The firm has activities primarily in the metropolitan areas of Alabama, California, Florida, Georgia, Kansas, Louisiana, Maryland, Massachusetts, Mississippi, New Hampshire, New Jersey, Oklahoma, South Carolina, and Texas in the United States; 20 towns in the United Kingdom; and in metropolitan markets of Sao Paulo, Parana, Mato Grosso do Sul, and Santa Catarina, Brazil.

Since January 1, 0001, it had 0 insider buys, and 9 insider sales for $15.65 million activity.

Group 1 Automotive, Inc. (NYSE:GPI) Institutional Positions Chart