Revenues quotes have actually been soaring for Group 1 Automotive (GPI) after the company delivered strong Q4 results on February 5. Both revenues and revenues quickly went beyond the Zacks Agreement Estimates due to strength in both new and used car sales, along with broadening revenue margins.
Group 1 is a Zacks Rank # 1 (Strong Buy) stock. The appraisal image looks extremely sensible too with shares trading at 12x forward earnings and 0.2 x sales. Group 1 Automotive possesses and operates 150 automotive dealers, 195 franchises, and 38 crash centers in the United States, the Uk and Brazil. The company offers new and secondhand cars and light trucks, organizes related car funding, offers service and insurance coverage agreements, provides automotive upkeep and repair work services and sells vehicle parts. In 2014, the companys income was divided as follows: New Automobile Sales: 58 %
Utilized Vehicle Sales: 27 %