Group 1 Automotive (GPI)

• Market cap: $5.59B
• 1 day: 1.23%
• 5 days: -1.72%
• 1 month: 4.55%
• 3 months: 9.67%
• 6 months: 40.31%
• Year to date: 37.70%
• 1 year: 42.33%
• 5 years: 303.37%
• 10 years: 367.80%
• Sector: Consumer Discretionary
• Industry: Auto Dealers & Gasoline Stations

About: As of October, Group 1 owns and operates 44 collision centers and 260 automotive dealerships in the us and the UK, offering 35 brands of automobiles altogether. About 150 of the stores are in the us with locations mostly in metropolitan areas in 17 states in the Northeast, Southeast, Midwest, and California. Texas alone contributed 38% of new-vehicle unit volume in 2023 and the UK about 19%. Texas, Oklahoma, and Massachusetts combined was 53%. Revenue in 2023 totaled $17.9 billion. The August, Inchcape UK deal adds about $2.7 billion of annual revenue and 54 stores to bring the UK store count to 114. Group 1 was founded in 1995 and is based in Houston.

Employees: 16,011

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

38% more first-time investments, than exits

New positions opened: 62 | Existing positions closed: 45

28% more capital invested

Capital invested by funds: $4.15B [Q2] → $5.31B (+$1.16B) [Q3]

23% more call options, than puts

Call options by funds: $144M | Put options by funds: $117M

5% more funds holding

Funds holding: 354 [Q2] → 371 (+17) [Q3]

0.33% more ownership

Funds ownership: 103.21% [Q2] → 103.53% (+0.33%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 7 [Q2] → 7 (+0) [Q3]

10% less repeat investments, than reductions

Existing positions increased: 123 | Existing positions reduced: 137

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $425 1% upside
• Avg. target: $454 8% upside
• High target: $500 19% upside

5 analyst ratings

• positive: 5 100%
• neutral: 0 0%
• negative: 0 0%

Jefferies Bret Jordan 0% 1-year accuracy 0 / 1 met price target	19% upside $500	Buy Initiated	13 Dec 2024
Seaport Global Glenn Chin 20% 1-year accuracy 1 / 5 met price target	13% upside $475	Buy Maintained	22 Nov 2024
Guggenheim Ronald Jewsikow 38% 1-year accuracy 9 / 24 met price target	5% upside $442	Buy Maintained	21 Nov 2024
JP Morgan Rajat Gupta 86% 1-year accuracy 24 / 28 met price target	1% upside $425	Overweight Maintained	5 Nov 2024
Morgan Stanley Adam Jonas 56% 1-year accuracy 33 / 59 met price target	2% upside $430	Overweight Upgraded	25 Sept 2024