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
Website
CEO
Earl Hesterberg
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
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
News
Recap: Group 1 Automotive Q1 Earnings
27 Apr 22
Group 1 Automotive Q1 Adj. EPS $10.92 Beats $9.43 Estimate, Sales $3.80B Beat $3.77B Estimate
27 Apr 22
Earnings Scheduled For April 27, 2022
27 Apr 22
5 Value Stocks In The Consumer Cyclical Sector
26 Apr 22
How To Attend Group 1 Automotive Q1 2022 Earnings Conference Call
19 Apr 22
Press releases
Group 1 Automotive Announces Record First Quarter 2022 Financial Results
27 Apr 22
Group 1 Automotive Schedules Release of First Quarter 2022 Financial Results
14 Apr 22
Group 1 Automotive to Present at the Bank of America 2022 Auto Summit in New York City
11 Apr 22
Group 1 Automotive Acquires Toyota Dealership in Albuquerque, New Mexico
4 Apr 22
Group 1 Automotive Amends and Extends $2.0 Billion Revolving Credit Facility
9 Mar 22
Analyst ratings and price targets
Current price
Average target
$193.50
Low target
$187.00
High target
$200.00
JP Morgan
Downgraded
$200.00
Morgan Stanley
Maintains
$187.00
Calendar
5 May 22
17 May 22
31 Dec 22
Financial summary
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 |
Recent insider trades
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 |
Institutional ownership, Q4 2021
99.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 278 |
Opened positions | 49 |
Closed positions | 36 |
Increased positions | 86 |
Reduced positions | 106 |
13F shares | Current |
---|---|
Total value | 3.26B |
Total shares | 16.65M |
Total puts | 76.9K |
Total calls | 116.4K |
Total put/call ratio | 0.7 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 2.98M | $582.48M |
Vanguard | 1.91M | $373M |
Dimensional Fund Advisors | 1.33M | $259.83M |
STT State Street | 673.08K | $131.4M |
BEN Franklin Resources | 604.44K | $118M |
Manufacturers Life Insurance Company, The | 569.52K | $111.18M |
Eminence Capital | 506.86K | $98.95M |
MCQEF Macquarie | 447.3K | $87.32M |
LSV Asset Management | 431.47K | $84.23M |
Lakewood Capital Management | 377.23K | $73.64M |
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
Financial reports
Current reports
8-K
Group 1 Automotive Announces Record First Quarter 2022 Financial Results
27 Apr 22
8-K
Group 1 Automotive Schedules Release of First Quarter 2022 Financial Results
19 Apr 22
8-K
Group 1 Automotive to Present at the Bank of America 2022 Auto Summit in New York City
11 Apr 22
8-K
Group 1 Automotive Acquires Toyota Dealership in Albuquerque, New Mexico
5 Apr 22
8-K
Group 1 Automotive Acquires High Volume Toyota Dealership in Austin, Texas
10 Mar 22
8-K
Entry into a Material Definitive Agreement
10 Mar 22
8-K
Group 1 Automotive Board Approves Share Repurchase Authorization & Announces Quarterly Cash Dividend
18 Feb 22
8-K
Group 1 Automotive Announces Record 4Q21 & FY21 Financial Results
10 Feb 22
8-K/A
Report of Independent Registered Public Accounting Firm
1 Feb 22
8-K
Group 1 Automotive Schedules Release of Fourth Quarter & Full Year 2021 Financial Results
28 Jan 22
Registration and prospectus
S-8
Registration of securities for employees
24 Feb 21
S-3ASR
Automatic shelf registration
5 Nov 18
S-3ASR
Automatic shelf registration
29 Oct 15
S-8
Registration of securities for employees
28 Jul 15
424B3
Prospectus supplement
14 May 15
S-4/A
Registration of securities issued in business combination transactions (amended)
10 May 15
S-4
Registration of securities issued in business combination transactions
23 Nov 14
SC TO-I/A
Issuer tender offer statement (amended)
24 Jun 14
Other
UPLOAD
Letter from SEC
10 Aug 16
CORRESP
Correspondence with SEC
1 Aug 16
CORRESP
Correspondence with SEC
20 Jul 16
UPLOAD
Letter from SEC
7 Jul 16
EFFECT
Notice of effectiveness
14 May 15
CORRESP
Correspondence with SEC
13 May 15
CORRESP
Correspondence with SEC
13 May 15
UPLOAD
Letter from SEC
28 Apr 15
CORRESP
Correspondence with SEC
22 Feb 15
CORRESP
Correspondence with SEC
5 Feb 15
Ownership
4
GROUP 1 AUTOMOTIVE / Frank Grese ownership change
16 May 22
4
GROUP 1 AUTOMOTIVE / EARL J HESTERBERG ownership change
23 Mar 22
4
GROUP 1 AUTOMOTIVE / Daryl Kenningham ownership change
14 Mar 22
4
GROUP 1 AUTOMOTIVE / EARL J HESTERBERG ownership change
4 Mar 22
4
GROUP 1 AUTOMOTIVE / Daryl Kenningham ownership change
2 Mar 22
4
GROUP 1 AUTOMOTIVE / MICHAEL DAVID JONES ownership change
2 Mar 22
4
GROUP 1 AUTOMOTIVE / EARL J HESTERBERG ownership change
2 Mar 22
4
GROUP 1 AUTOMOTIVE / Frank Grese ownership change
2 Mar 22
4
GROUP 1 AUTOMOTIVE / Darryl M Burman ownership change
2 Mar 22
4
GROUP 1 AUTOMOTIVE / Peter C DeLongchamps ownership change
2 Mar 22
Transcripts
2022 Q1
Earnings call transcript
27 Apr 22
2021 Q4
Earnings call transcript
10 Feb 22
2021 Q3
Earnings call transcript
28 Oct 21
2021 Q2
Earnings call transcript
31 Jul 21
2021 Q1
Earnings call transcript
1 May 21
2020 Q4
Earnings call transcript
4 Feb 21
2020 Q3
Earnings call transcript
1 Nov 20
2020 Q3
Earnings call transcript
1 Nov 20
2020 Q3
Earnings call transcript
1 Nov 20
2020 Q2
Earnings call transcript
1 Aug 20
Reddit threads
Everybody better start loading up
29 Apr 22
(4/27) Wednesday's Pre-Market News
27 Apr 22
Daily Discussion Thread - April 27th, 2022
27 Apr 22
Daily Discussion Thread - April 26th, 2022
26 Apr 22
Daily Discussion Thread - April 25th, 2022
25 Apr 22
Buying the dip?
23 Apr 22
Wall Street Week Ahead for the trading week beginning April 25th, 2022
23 Apr 22
Value investing simple stock screener
23 Apr 22
[Weekly Megathread] Markets and Value Stock Ideas, Week of April 18, 2022
18 Apr 22
Daily Discussion Thread - February 28th, 2022
28 Feb 22