GSE Holding Coverage Initiated at FBR Capital Markets (GSE)
Equities researchers at FBR Capital Markets initiated coverage on shares of GSE Holding (NYSE:GSE) in a research report issued on Friday, TheFlyOnTheWall.com reports. The firm set a “market perform” rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at Zacks downgraded shares of GSE Holding (NYSE:GSE) from a “neutral” rating to an “underperform” rating in a research note to investors on Monday, August 12th. They now have a $2.90 price target on the stock. Separately, analysts at Oppenheimer downgraded shares of GSE Holding (NYSE:GSE) from an “outperform” rating to a “market perform” rating in a research note to investors on Monday, August 12th. They now have a $10.00 price target on the stock. Finally, analysts at CJS Securities downgraded shares of GSE Holding (NYSE:GSE) from an “outperform” rating to a “market perform” rating in a research note to investors on Monday, August 5th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company. GSE Holding presently has an average rating of “Hold” and an average target price of $6.45.
Shares of GSE Holding (NYSE:GSE) opened at 1.99 on Friday. GSE Holding has a 52 week low of $1.92 and a 52 week high of $8.78. The stock’s 50-day moving average is $2.32 and its 200-day moving average is $5.49. The company’s market cap is $40.5 million.
GSE Holding (NYSE:GSE) last announced its earnings results on Friday, August 9th. The company reported ($0.34) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.06 by $0.40. The company had revenue of $108.20 million for the quarter, compared to the consensus estimate of $131.86 million. During the same quarter in the prior year, the company posted $0.29 earnings per share. Analysts expect that GSE Holding will post $-0.27 EPS for the current fiscal year.
GSE Holding, Inc (NYSE:GSE) is a provider of engineered geosynthetic containment solutions.
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