StealthGas Price Target Lowered to $14.00 at Deutsche Bank (GASS)
Analysts at Deutsche Bank cut their price target on shares of StealthGas (NASDAQ:GASS) from $15.00 to $14.00 in a research report issued to clients and investors on Friday. The firm currently has a “buy” rating on the stock. Deutsche Bank’s target price indicates a potential upside of 34.74% from the company’s current price.
A number of other firms have also 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. 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 analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. StealthGas has a consensus rating of “Buy” and a consensus price target of $13.28.
Shares of StealthGas (NASDAQ:GASS) opened at 10.39 on Friday. StealthGas has a 1-year low of $5.34 and a 1-year high of $13.00. The stock has a 50-day moving average of $10.74 and a 200-day moving average of $10.84. The company has a market cap of $333.0 million and a price-to-earnings ratio of 13.30.
StealthGas (NASDAQ:GASS) last announced its earnings results on Thursday, May 22nd. The company reported $0.21 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.20 by $0.01. The company had revenue of $33.90 million for the quarter, compared to the consensus estimate of $32.23 million. During the same quarter last year, the company posted $0.26 earnings per share. Analysts expect that StealthGas will post $0.92 EPS 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.
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