Group 1 Automotive, Inc. (GPI) Forms $70.98 Double Top; Spar Group (SGRP) Sentiment Is 2.5

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

Group 1 Automotive, Inc. (GPI) formed double top with $75.95 target or 7.00% above today’s $70.98 share price. Group 1 Automotive, Inc. (GPI) has $1.44B valuation. The stock increased 2.85% or $1.97 during the last trading session, reaching $70.98. About 15,170 shares traded. Group 1 Automotive, Inc. (NYSE:GPI) has declined 13.27% since May 16, 2017 and is downtrending. It has underperformed by 24.82% the S&P500.

Spar Group Inc (SGRP) investors sentiment increased to 2.5 in Q4 2017. It’s up 1.50, from 1 in 2017Q3. The ratio increased, as 5 hedge funds increased and started new holdings, while 2 sold and decreased their stakes in Spar Group Inc. The hedge funds in our database now have: 1.28 million shares, up from 1.19 million shares in 2017Q3. Also, the number of hedge funds holding Spar Group Inc in top ten holdings was flat from 0 to 0 for the same number . Sold All: 0 Reduced: 2 Increased: 1 New Position: 4.

Since January 1, 0001, it had 0 insider purchases, and 7 insider sales for $58,249 activity.

SPAR Group, Inc., together with its subsidiaries, provides merchandising and marketing services worldwide. The company has market cap of $26.43 million. The companyÂ’s syndicated services include product reordering and replenishment; ensuring its products for distribution; adding new products; implementing store planogram schematics; setting product category shelves; ensuring that product shelf tags are in place; checking for salability of the clientsÂ’ products; placing new product and promotional items in prominent positions; and kiosk replenishment and maintenance services for retailers, manufacturers, and distributors. It currently has negative earnings. The Company’s dedicated services consist of syndicated services, as well as new store set-up, store remodel, and fixture installation services for a specific retailer or manufacturer.

More recent SPAR Group, Inc. (NASDAQ:SGRP) news were published by: Nasdaq.com which released: “SPAR Group Announces Financial Results for the First Quarter Ended March 31, 2018” on May 15, 2018. Also Prnewswire.com published the news titled: “Loyalty Management Market Set to Grow” on May 02, 2018. Prnewswire.com‘s news article titled: “Quotidian Technical Highlights on Selected Business Services Stocks — RMG Networks, S&P Global, SPAR, and Spherix” with publication date: April 20, 2018 was also an interesting one.

The stock increased 6.67% or $0.08 during the last trading session, reaching $1.28. About 27,476 shares traded. SPAR Group, Inc. (SGRP) has risen 23.85% since May 16, 2017 and is uptrending. It has outperformed by 12.30% the S&P500.

Rbf Capital Llc holds 0.12% of its portfolio in SPAR Group, Inc. for 907,290 shares. Acadian Asset Management Llc owns 10,350 shares or 0% of their US portfolio. Moreover, Blackrock Inc. has 0% invested in the company for 7,698 shares. The Illinois-based Citadel Advisors Llc has invested 0% in the stock. Geode Capital Management Llc, a Massachusetts-based fund reported 211,168 shares.

Investors sentiment increased to 1.21 in 2017 Q4. Its up 0.22, from 0.99 in 2017Q3. It increased, as 22 investors sold Group 1 Automotive, Inc. shares while 56 reduced holdings. 44 funds opened positions while 50 raised stakes. 20.23 million shares or 0.17% less from 20.26 million shares in 2017Q3 were reported. Great West Life Assurance Can reported 0% stake. Rhumbline Advisers invested in 51,393 shares or 0.01% of the stock. Eqis Cap Mgmt Incorporated accumulated 0.01% or 3,002 shares. 25 are held by Smithfield Trust Commerce. Vanguard Gru invested 0.01% in Group 1 Automotive, Inc. (NYSE:GPI). Invesco Limited has invested 0% in Group 1 Automotive, Inc. (NYSE:GPI). Cubist Systematic Strategies Lc invested in 0.02% or 5,769 shares. International Gru Inc has invested 0% of its portfolio in Group 1 Automotive, Inc. (NYSE:GPI). Barclays Public Ltd accumulated 11,212 shares or 0% of the stock. Ubs Asset Mngmt Americas holds 0% or 16,195 shares in its portfolio. Ironwood Invest Mgmt Limited Liability Co holds 22,220 shares. Parkside Bancorporation And Trust, Missouri-based fund reported 132 shares. Sweden-based Nordea Investment Management Ab has invested 0.01% in Group 1 Automotive, Inc. (NYSE:GPI). Cim Investment Mangement accumulated 3,078 shares. First Tru Advisors Limited Partnership has 30,009 shares for 0.01% of their portfolio.

Analysts await Group 1 Automotive, Inc. (NYSE:GPI) to report earnings on July, 26. They expect $2.16 EPS, up 15.51% or $0.29 from last year’s $1.87 per share. GPI’s profit will be $43.67 million for 8.22 P/E if the $2.16 EPS becomes a reality. After $1.70 actual EPS reported by Group 1 Automotive, Inc. for the previous quarter, Wall Street now forecasts 27.06% EPS growth.

Among 14 analysts covering Group 1 Automotive (NYSE:GPI), 2 have Buy rating, 1 Sell and 11 Hold. Therefore 14% are positive. Group 1 Automotive has $108 highest and $62 lowest target. $80.67’s average target is 13.65% above currents $70.98 stock price. Group 1 Automotive had 26 analyst reports since September 17, 2015 according to SRatingsIntel. The stock has “Underweight” rating by Morgan Stanley on Wednesday, March 14. The stock has “Buy” rating by Sidoti on Thursday, September 17. The company was downgraded on Friday, February 12 by KeyBanc Capital Markets. Evercore upgraded the stock to “Hold” rating in Wednesday, March 9 report. Wells Fargo maintained Group 1 Automotive, Inc. (NYSE:GPI) rating on Monday, October 30. Wells Fargo has “Market Perform” rating and $85 target. The firm has “Buy” rating given on Wednesday, July 20 by Buckingham Research. The rating was maintained by Stephens with “Hold” on Tuesday, March 20. The rating was maintained by KeyBanc Capital Markets with “Hold” on Thursday, August 31. The stock of Group 1 Automotive, Inc. (NYSE:GPI) has “Neutral” rating given on Tuesday, March 20 by Buckingham Research. The firm has “Neutral” rating by Buckingham Research given on Monday, November 13.

Since December 12, 2017, it had 0 insider buys, and 6 sales for $12.72 million activity. The insider HESTERBERG EARL J sold 27,739 shares worth $2.07M. STRANGE J TERRY also sold $401,362 worth of Group 1 Automotive, Inc. (NYSE:GPI) on Tuesday, December 12.

SPAR Group, Inc. (NASDAQ:SGRP) Institutional Positions Chart