Loading...
Docoh

Group 1 Automotive (GPI)

Group 1 Automotive Inc. owns and operates 184 automotive dealerships, 237 franchises, and 49 collision centers in the United States, the United Kingdom and Brazil that offer 31 brands of automobiles. Through its dealerships, the Company sells new and used cars and light trucks; arranges related vehicle financing; sells service contracts; provides automotive maintenance and repair services; and sells vehicle parts.

Company profile

Ticker
GPI
Exchange
CEO
Earl Hesterberg
Employees
Incorporated
Location
Fiscal year end
SEC CIK
Subsidiaries
1855 Hylan Realty, LLC • 3670 Oceanside Realty, LLC • 510 Sunrise Realty, LLC • Advantagecars.com, Inc. • Amarillo Motors-F, Inc. • Gene Messer Auto Group • AMR Real Estate Holdings, LLC • Baron Development Company, LLC • Baron Leasehold, LLC • Bob Howard Automotive-East, Inc. ...
IRS number
760506313

GPI stock data

Analyst ratings and price targets

Last 3 months
Current price
Average target
$193.50
Low target
$187.00
High target
$200.00
JP Morgan
Downgraded
Neutral
$200.00
7 Apr 22
Morgan Stanley
Maintains
Equal-Weight
$187.00
8 Mar 22

Calendar

5 May 22
17 May 22
31 Dec 22
Quarter (USD) Mar 22 Dec 21 Sep 21 Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Mar 20 Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 31.8M 31.8M 31.8M 31.8M 31.8M 31.8M
Cash burn (monthly) (no burn) 4.26M (no burn) (no burn) (no burn) (no burn)
Cash used (since last report) n/a 6.62M n/a n/a n/a n/a
Cash remaining n/a 25.18M n/a n/a n/a n/a
Runway (months of cash) n/a 5.9 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
13 May 22 Frank Grese Common Stock Sell Dispose S No No 185.864 910.319 169.2K 21,713.9
22 Mar 22 Earl J Hesterberg Common Stock Sell Dispose S Yes No 195.837 6,706 1.31M 38,974.144
21 Mar 22 Earl J Hesterberg Common Stock Sell Dispose S Yes No 197.214 3,294 649.62K 45,680.144
21 Mar 22 Earl J Hesterberg Common Stock Gift Dispose G Yes No 0 5,000 0 48,974.144
11 Mar 22 Daryl Kenningham Common Stock Gift Acquire G Yes No 0 18,156.464 0 18,156.464
11 Mar 22 Daryl Kenningham Common Stock Gift Dispose G No No 0 18,156.464 0 35,429
3 Mar 22 Earl J Hesterberg Common Stock Gift Acquire G Yes No 0 51,691.61 0 53,974.144
3 Mar 22 Earl J Hesterberg Common Stock Gift Dispose G No No 0 51,691.61 0 75,947.071
1 Mar 22 Earl J Hesterberg Common Stock Payment of exercise Dispose F No No 180.4 2,003 361.34K 127,638.681
99.9% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 278 265 +4.9%
Opened positions 49 46 +6.5%
Closed positions 36 17 +111.8%
Increased positions 86 85 +1.2%
Reduced positions 106 93 +14.0%
13F shares Current Prev Q Change
Total value 3.26B 3.36B -3.0%
Total shares 16.65M 17.67M -5.7%
Total puts 76.9K 225.2K -65.9%
Total calls 116.4K 280.5K -58.5%
Total put/call ratio 0.7 0.8 -17.7%
Largest owners Shares Value Change
BLK Blackrock 2.98M $582.48M -5.2%
Vanguard 1.91M $373M +0.9%
Dimensional Fund Advisors 1.33M $259.83M -3.4%
STT State Street 673.08K $131.4M +0.3%
BEN Franklin Resources 604.44K $118M -10.5%
Manufacturers Life Insurance Company, The 569.52K $111.18M -1.2%
Eminence Capital 506.86K $98.95M -45.6%
MCQEF Macquarie 447.3K $87.32M -2.0%
LSV Asset Management 431.47K $84.23M -14.4%
Lakewood Capital Management 377.23K $73.64M +3.9%
Largest transactions Shares Bought/sold Change
Eminence Capital 506.86K -424.04K -45.6%
William Blair Investment Management 0 -243.94K EXIT
Norges Bank 181.62K +181.62K NEW
BLK Blackrock 2.98M -162.61K -5.2%
Arrowstreet Capital, Limited Partnership 55.25K -134.49K -70.9%
Vaughan Nelson Investment Management 0 -86.45K EXIT
Palisade Capital Management 220.74K -76.85K -25.8%
Marshall Wace 82.99K +76.48K +1174.6%
LSV Asset Management 431.47K -72.42K -14.4%
BEN Franklin Resources 604.44K -71.05K -10.5%

Financial report summary

?
Risks
  • Availability and demand for and pricing of our products and services may be adversely impacted by economic conditions and other factors.
  • Deterioration in market conditions or changes in our credit profile could adversely affect our operations and financial condition.
  • We may fail to meet analyst and investor expectations, which could cause the price of our stock to decline.
  • We are subject to risks associated with our dependence on manufacturer business relationships and agreements.
  • If we are unable to enter into new franchise agreements with manufacturers in connection with dealership acquisitions or maintain or renew our existing franchise agreements on favorable terms, our operations may be significantly impaired.
  • Substantial competition in automotive sales and services could adversely impact our sales and our margins.
  • Changes in consumer demand towards fuel efficient vehicles and EVs, and resulting shifts by manufacturers to meet demand, could adversely affect our new and used vehicle sales volumes, parts and service revenues and our results of operations.
  • We are subject to risks resulting from the planned divestiture of our Brazilian operations which could result in an adverse impact to our operations, financial condition and business.
  • Our inability to acquire and integrate successful new dealerships into our business could adversely affect the growth of our revenues and earnings.
  • Vehicle manufacturers may alter their distribution models.
  • Vehicle technology advancements and changes in consumer vehicle ownership preferences could adversely affect our new and used vehicle sales volumes, parts and service revenues and results of operations.
  • The COVID-19 pandemic, which has disrupted all of our dealership operations, has had, and could continue to have a material adverse effect on our business, results of operations and cash flows.
  • A cybersecurity breach, including loss of confidential information or a breach of personally identifiable information (“PII”) about our customers or employees, could negatively affect operations and result in high costs.
  • Our insurance does not fully cover all of our operational risks, and changes in the cost of insurance or the availability of insurance could materially increase our insurance costs or result in a decrease in our insurance coverage.
  • Natural disasters and adverse weather events can disrupt our business and may adversely impact our results of operations, financial condition and cash flows.
  • Risks associated with our international operations could have a material adverse effect on our business, results of operations and financial condition.
  • We are subject to automotive and other laws and regulations, which, if we are found to have violated, may adversely affect our business and results of operations.
  • Operational risks associated with environmental laws and regulations may expose us to significant costs and liabilities.
  • The impairment of our goodwill and/or indefinite-lived intangibles could have a material adverse effect on our results of operations.
  • New accounting guidance or changes in the interpretation or application of existing accounting guidance could adversely affect our financial performance.
  • Our internal controls and procedures may fail or be circumvented.
Management Discussion
  • The “same store” amounts presented below include the results of dealerships and corporate headquarters for the identical months in each period presented in comparison, commencing with the first full month in which the dealership was owned by us and, in the case of dispositions, ending with the last full month it was owned by us. For example, the results for a dealership acquired on August 15, 2020, will appear in our same store comparison beginning in 2021 for the period September 2021 through December 2021, when comparing to September 2020 through December 2020 results. If we disposed of a store on August 15, 2020, the results from this store would be excluded from same store results beginning in August 2020 as July 2020 was the last full month the dealership was owned by us. Same store results provide a measurement of our ability to grow revenues and profitability of our existing stores and also provide a metric for peer group comparisons. For these reasons, same store results allow management to manage and monitor the performance of the business and is also useful to investors.

Content analysis

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
New words: add, amid, AOCI, broad, Buyer, collar, commodity, compel, conclusion, conflict, congestion, conversion, criteria, cyberattack, denominated, distributor, downside, energy, evolving, holdback, imposition, incremental, indirectly, Infection, intermittent, interrupted, invasion, launched, leaving, military, modest, modestly, Original, outpacing, outperformed, port, precise, preliminary, provoked, retaliatory, Russia, Russian, shortfall, SOFR, supplier, Ukraine, waiting, widespread
Removed: accomplish, accrued, achieve, achieved, adequate, adjust, adversely, advertised, advertising, advisor, aforementioned, alter, apparent, appointment, area, artificial, assume, assure, attract, auction, automation, bankruptcy, bear, belonging, BMW, brand, breach, bringing, call, capitalize, capitalizing, caption, capture, career, carefully, Carnival, catastrophic, categorize, center, centralized, chaired, chairperson, channel, characterized, chip, Chrysler, climate, combat, combined, Community, complexity, comprise, concentration, confidence, constantly, construct, convenient, corporation, correct, correlation, council, culture, cybersecurity, Daimler, DEI, Delaware, deliver, delivering, dependence, dependent, deployed, desirable, deteriorate, deterioration, devaluation, devalued, developed, development, diminishing, direct, Director, disposing, disseminate, distinguished, diversity, draft, efficiency, efficient, email, empowering, enhancing, ensure, ensuring, enter, exaggerate, exclusively, execution, expanded, expanding, expertise, explained, exposed, facilitate, factory, failure, federal, field, fluctuating, focused, focusing, foster, fragmented, franchised, functional, gasoline, generated, geographic, government, growing, health, high, highly, hinge, hiring, home, Honda, Hyundai, implementation, imported, impossible, improve, improvement, improving, inability, inclement, inclusion, inclusive, increasing, increasingly, incurrence, independent, Index, influenced, Initiative, innovative, integrate, intelligence, interaction, international, introduced, invoice, involvement, June, key, large, legislation, lender, length, license, located, low, making, mandated, Manheim, marketing, metropolitan, mislead, mission, natural, negative, negatively, negotiated, Nissan, offer, offering, office, opportunity, organization, overseeing, pace, path, people, percent, periodically, personally, personnel, phase, phone, pickup, plan, plate, political, pose, predict, preferred, President, priced, processing, procurement, producing, productivity, professional, prove, public, quality, rapid, realize, recall, recession, recovery, recruitment, redeemable, redemption, refinance, refinancing, regulatory, relationship, rely, rent, replacement, represent, representation, represented, reputation, require, resale, responsible, rest, restructuring, retailing, retain, retention, Ride, robotic, roll, Rover, satisfy, scale, scheduled, scheduling, seasonal, seasonality, seek, select, sense, sensitive, serve, shutdown, skilled, social, software, source, sourcing, specifically, speculative, sponsor, strategic, stronger, structure, substantial, subtotal, successfully, supplement, sustain, talent, talented, targeted, team, technician, technological, technology, termination, terrorism, text, timing, tool, trade, trading, traffic, trained, training, translating, turn, typically, unadjusted, uncertainty, uncollectible, underperforming, unexpected, unguaranteed, unrelated, unsecured, unsubordinated, utilization, utilize, variant, variety, Volkswagen, volume, war, weakest, weather, week, Women, work, workforce, Workplace