Q4 2019 EPS Estimates for Gulfport Energy Co. Increased by Analyst (NASDAQ:GPOR)

Gulfport Energy Co. (NASDAQ:GPOR) – Analysts at SunTrust Banks increased their Q4 2019 EPS estimates for shares of Gulfport Energy in a research report issued on Tuesday, February 11th. SunTrust Banks analyst N. Dingmann now forecasts that the oil and gas producer will post earnings per share of $0.14 for the quarter, up from their previous forecast of $0.11. SunTrust Banks has a “Hold” rating and a $3.00 price target on the stock.

Other research analysts have also recently issued reports about the company. BidaskClub cut Gulfport Energy from a “sell” rating to a “strong sell” rating in a research note on Saturday, January 18th. Imperial Capital decreased their target price on Gulfport Energy from $11.00 to $5.00 and set an “outperform” rating for the company in a research note on Friday, October 18th. Zacks Investment Research cut Gulfport Energy from a “hold” rating to a “sell” rating and set a $3.00 price objective for the company. in a research report on Tuesday, December 3rd. Stifel Nicolaus reduced their price objective on Gulfport Energy from $3.00 to $2.50 and set a “buy” rating for the company in a research report on Monday, January 27th. Finally, US Capital Advisors cut Gulfport Energy from an “overweight” rating to a “hold” rating in a research report on Thursday, January 9th. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $5.23.

NASDAQ:GPOR opened at $1.23 on Thursday. Gulfport Energy has a 1 year low of $1.06 and a 1 year high of $8.35. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 0.61. The stock has a market cap of $183.36 million, a price-to-earnings ratio of 0.53 and a beta of 1.00. The stock has a 50-day moving average price of $1.99 and a two-hundred day moving average price of $2.68.

Several hedge funds have recently bought and sold shares of the company. 6 Meridian raised its holdings in Gulfport Energy by 21.9% during the fourth quarter. 6 Meridian now owns 87,097 shares of the oil and gas producer’s stock worth $265,000 after acquiring an additional 15,623 shares in the last quarter. Alpine Global Management LLC bought a new position in shares of Gulfport Energy in the 4th quarter worth about $136,000. Brookstone Capital Management raised its position in shares of Gulfport Energy by 5.2% in the 4th quarter. Brookstone Capital Management now owns 168,885 shares of the oil and gas producer’s stock worth $513,000 after acquiring an additional 8,287 shares in the last quarter. Millennium Management LLC raised its position in shares of Gulfport Energy by 1,078.2% in the 3rd quarter. Millennium Management LLC now owns 99,099 shares of the oil and gas producer’s stock worth $268,000 after acquiring an additional 90,688 shares in the last quarter. Finally, First Trust Advisors LP raised its position in shares of Gulfport Energy by 86.5% in the 3rd quarter. First Trust Advisors LP now owns 1,305,859 shares of the oil and gas producer’s stock worth $3,539,000 after acquiring an additional 605,633 shares in the last quarter. 94.33% of the stock is owned by institutional investors.

Gulfport Energy Company Profile

Gulfport Energy Corporation engages in the acquisition, exploration, exploitation, and production of natural gas, crude oil, and natural gas liquids (NGLs) in North America. Its principal properties include Utica Shale covering an area of approximately 241,000 gross acres primarily in Eastern Ohio; and SCOOP that comprise leasehold interests in approximately 66,000 gross surface acres located in Oklahoma.

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Earnings History and Estimates for Gulfport Energy (NASDAQ:GPOR)

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