StealthGas (GASS) to Release Quarterly Earnings on Thursday
StealthGas (NASDAQ:GASS) is set to announce its earnings results on Thursday, May 22nd. Investors that are interested in registering for the company’s conference call can do so using this link.
StealthGas (NASDAQ:GASS) last released its earnings data on Thursday, February 20th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.15. The company had revenue of $32.00 million for the quarter, compared to the consensus estimate of $30.84 million. On average, analysts expect StealthGas to post $0.93 EPS for the current fiscal year and $1.29 EPS for the next fiscal year.
StealthGas (NASDAQ:GASS) opened at 9.90 on Wednesday. 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 $10.82 and a 200-day moving average of $10.85. The company has a market cap of $317.3 million and a P/E ratio of 13.41.
A number of research firms have recently commented on GASS. Analysts at TheStreet upgraded shares of StealthGas from a “hold” rating to a “buy” rating in a research note on Tuesday, April 29th. On a related note, analysts at Deutsche Bank raised their price target on shares of StealthGas from $13.00 to $15.00 in a research note on Wednesday, April 23rd. They now have a “buy” rating on the stock. Finally, analysts at Zacks upgraded shares of StealthGas from an “underperform” rating to a “neutral” rating in a research note on Wednesday, April 2nd. They now have a $11.70 price target on the stock. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $13.45.
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.