How to Buy Group 1 Automotive Stock
Group 1 Automotive Inc
Group 1 Automotive is a auto & truck dealership company located in Texas, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker GPI on the NYSE exchange.
Group 1 Automotive stock last closed at $300.35, down 0.04% from the previous day, and has increased 35.85% in one year. It has overperformed other stocks in the Auto & Truck Dealerships industry by 0.54 percentage points. Group 1 Automotive stock is currently +40.19% from its 52-week low of $214.25, and -3.14% from its 52-week high of $310.08.
As of Apr 26, 2024, there are 13.53M shares of GPI outstanding. The market value of GPI is $4.06B. In the last 24 hours, 159,505 GPI shares were traded.
How to Buy Group 1 Automotive Stock
Wondering how to invest in Group 1 Automotive stock? Here's how.
- Decide where to buy Group 1 Automotive stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Group 1 Automotive stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Pick your payment method and add your info.
- Analyze Group 1 Automotive stock: The Group 1 Automotive ticker symbol is GPI. Is Group 1 Automotive stock a good investment? Should you buy shares of GPI? How do GPI's underlying business fundamentals look? Do top analysts think Group 1 Automotive is a good buy? Why has GPI's stock price moved recently? (Hint: Our stock market research website can help you decide if GPI is a good stock to buy).
- Place your GPI trade: Decide if you will purchase GPI shares at the current market price or use a limit order to purchase GPI stock at a specific price.
- Monitor your GPI investment: Create a watchlist to get live updates on your investment in Group 1 Automotive shares.
Step 1: Decide where to buy Group 1 Automotive stock
You need a brokerage account to access the NYSE market and buy GPI stock.
Our preferred brokerage: eToro
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Get $10 towards your purchase of stock by opening an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the right brokerage, you'll need to fill out some personal info so you can invest in GPI today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to create a new brokerage account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've created your account on the best free stock trading app, you can securely and quickly fund your account:
Check out the walkthrough below for more details depositing funds into your brokerage account.
Step 4: Analyze Group 1 Automotive stock
After you have identified the best place to buy Group 1 Automotive stock, it's critical to evaluate their stock before you buy, so you actually comprehend the risk and opportunity.
Group 1 Automotive stock quick numbers
Fundamentals of Group 1 Automotive
WallStreetZen was designed to help average investors do more accurate fundamental analysis quickly.
You can view all of the due diligence checks on GPI's stock page.
Is GPI stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge GPI's fair value.
Using relative valuations measures:
- GPI could be undervalued based on its P/E ratio of 7.05x, relative to Auto & Truck Dealerships industry P/E ratio of 12.57x
- GPI could be undervalued based on its P/B ratio of 1.47x, relative to Auto & Truck Dealerships industry P/B ratio of 2.38x
You can do additional valuation analysis on GPI's stock here.
A look at GPI Cashflows and Balance Sheet
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the GPI balance sheet.
- GPI earnings of $968.80M is not enough to cover its interest payments.
- Total GPI debt is lower than 5 years ago, relative to shareholder equity.
Failed Financial Due Diligence Checks:
- There are more long-term liabilities than short-term assets on the GPI balance sheet.
- GPI profit margin has gone down from 4.3% to 3.2% in the past year.
- GPI has a relatively high debt to equity ratio of 2.07.
- GPI's operating cash flow of $300.70M allows it to safely service it's debt of $4.43B.
Is Group 1 Automotive stock a Buy, Hold, or Sell, according to analysts?
Out of 4 Equities analysts who give forecasts on GPI, the consensus analyst rating on GPI is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Group 1 Automotive stock forecast page.
Metrics for Advanced GPI Traders
GPI Earnings
Last year, GPI earnings were $591.00M. During the past 5 year, GPI's earnings have increased by 39.03% per year. This was faster than the Auto & Truck Dealerships industry average of 12.24%.
Last year, GPI revenue was $18.21B. Over the past 5 year, GPI's revenue has grown by 9.54% per year. This was slower than the Auto & Truck Dealerships industry average of 18.6%.
Find out more about GPI's earnings and revenue performance here.
Latest Insiders Trades at GPI
In the past year, insiders at GPI have sold more shares than they have bought.
Peter C. Delongchamps, Sr. VP Financial SvcsMfr Rel of GPI, was the latest GPI insider to sell. They sold $256,966.24 worth of GPI shares on Feb 16, 2024.
Dig into more about who owns GPI shares here.
Does GPI provide a stable income stream?
Group 1 Automotive pays a dividend of 0.61%, compared to the Auto & Truck Dealerships industry's average dividend yield of 1.88%. If you owned $1,000 worth of GPI stock, you would have received $6.06 last year.
Group 1 Automotive dividend payments have consistently grown over the past decade and have remained stable.
Get more data about Group 1 Automotive dividend yield and history here.
What do other traders have to say about GPI?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your GPI trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally sufficient. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific price, place a limit order.
Click the Open button and eToro will execute the order.
If you need more info about buying stocks on eToro, watch the helpful video below:
Step 6: Monitor your GPI investment
Now that you own some shares in GPI, you'll want to stay up-to-date on your investment.
Create a watchlist to track your GPI stock.
GPI Feed
How to Buy Stock in Group 1 Automotive
To reiterate, here are the 6 steps to buy Group 1 Automotive stock:
- Decide where to buy Group 1 Automotive stock
- Open your brokerage account
- Deposit money your brokerage account
- Analyze Group 1 Automotive stock
- Place your GPI trade
- Monitor your GPI investment
If you need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to watch your investment in Group 1 Automotive, create your watchlist below.
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