Share on StockTwits

Equities research analysts at Maxim Group started coverage on shares of StealthGas (NASDAQ:GASS) in a research note issued to investors on Tuesday, Analyst RN reports. The firm set a “buy” rating on the stock.

A number of other analysts have also recently weighed in on GASS. Analysts at Deutsche Bank cut their price target on shares of StealthGas from $14.00 to $12.00 in a research note to investors on Monday. They now have a “buy” rating on the stock. Separately, analysts at Wells Fargo & Co. downgraded shares of StealthGas from an “outperform” rating to a “market perform” rating in a research note to investors on Monday, January 13th. Finally, analysts at Zacks downgraded shares of StealthGas from a “neutral” rating to an “underperform” rating in a research note to investors on Thursday, November 28th. They now have a $11.50 price target on the stock. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $12.63.

Shares of StealthGas (NASDAQ:GASS) traded up 1.37% during mid-day trading on Tuesday, hitting $9.64. The stock had a trading volume of 153,578 shares. StealthGas has a 52 week low of $5.34 and a 52 week high of $13.00. The stock has a 50-day moving average of $10.17 and a 200-day moving average of $10.46. The company has a market cap of $309.0 million and a price-to-earnings ratio of 10.31.

StealthGas (NASDAQ:GASS) last announced its earnings results on Friday, November 22nd. The company reported $0.12 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.18 by $0.06. During the same quarter last year, the company posted $0.28 earnings per share. On average, analysts predict that StealthGas will post $0.71 earnings per share for the current fiscal year.

StealthGas Inc (NASDAQ:GASS) owns a fleet of liquefied petroleum gas (LPG) carriers providing international seaborne transportation services to LPG producers and users, as well as product carriers chartered to oil producers and refiners.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.