Group 1 Automotive

CarMax (NYSE: KMX) is scheduled to report fiscal third-quarter 2011 results tomorrow morning, December 21. Investors will be looking for the company to demonstrate that the earnings miss in the previous quarter was a fluke. Note that short interest is up from earlier this year and now is about 8.3...

The stocks of the following dividend-paying companies are trading more than 20% higher than six months ago and all are within shouting distance of their 52-week highs. B&G Foods (NYSE: BGS): The New Jersey-based maker of shelf-stable foods, such as Cream of Wheat and Joan of Arc brands,...

Group 1 Automotive, Inc. (NYSE: GPI) 4Q10 EPS of $0.64 was slightly above “our expectation of $0.63 and the Street of $0.62,” Goldman Sachs reports. “We are raising our 2011/2012 estimates to $3.61/$4.53 from $3.46/$4.25. We are also introducing our 2013E EPS estimate of $4.86,” Goldman Sachs...

Group 1 Automotive, Inc. (NYSE: GPI) reported 4Q adjusted EPS of $0.64, slightly ahead of JPMe ($0.62) and Bloomberg consensus ($0.61), J.P. Morgan reports. “Stronger-than-expected revenues ($1.44B vs. JPMe of $1.25B) were partially offset by lower gross margins (15.1% vs. JPMe of 16.6%) and higher...

Wells Fargo says that it is moving to a more cautious stance on the public auto retailers and downgrading Group 1 Automotive from Outperform to Market Perform. “Group 1 Automotive, Inc. (NYSE: GPI) shares are up approximately 30% over the past year versus the other public dealer groups, up...

Shares of auto retailer Group 1 Automotive, Inc. (NYSE: GPI) are up nearly 5% for the day. Soleil Securities upgraded the shares from Hold to Buy and raised the price target from $35 to $36. Analysts believed that the recent drop in the company's stock was due to an overreaction to the possible...