Gastar Exploration Inc (NYSE:GST) has been given a $1.00 price target by equities research analysts at Williams Capital in a research report issued on Friday. The firm presently has a “hold” rating on the stock. Williams Capital’s price objective would indicate a potential upside of 77.59% from the stock’s current price.

Other equities research analysts also recently issued reports about the company. Seaport Global Securities downgraded Gastar Exploration from a “buy” rating to a “neutral” rating and reduced their target price for the company from $3.00 to $1.00 in a report on Wednesday, June 21st. Zacks Investment Research downgraded Gastar Exploration from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 18th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $1.50.

Shares of Gastar Exploration (NYSE:GST) traded down 32.4982% on Friday, reaching $0.5631. 24,584,809 shares of the company traded hands. The company’s market capitalization is $91.69 million. Gastar Exploration has a 52-week low of $0.38 and a 52-week high of $2.19. The firm has a 50-day moving average of $0.92 and a 200-day moving average of $1.33.

Gastar Exploration (NYSE:GST) last announced its earnings results on Thursday, August 3rd. The company reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.04) by $0.01. The firm had revenue of $22.60 million during the quarter, compared to analyst estimates of $18.78 million. During the same period last year, the company posted ($0.12) earnings per share. The firm’s revenue was up 85.2% compared to the same quarter last year. On average, equities research analysts forecast that Gastar Exploration will post ($0.15) earnings per share for the current fiscal year.

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In related news, Director Ares Management Llc bought 1,333,035 shares of Gastar Exploration stock in a transaction dated Monday, May 22nd. The stock was acquired at an average cost of $1.16 per share, with a total value of $1,546,320.60. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Several large investors have recently made changes to their positions in the stock. Deprince Race & Zollo Inc. increased its stake in shares of Gastar Exploration by 9.2% in the second quarter. Deprince Race & Zollo Inc. now owns 1,011,084 shares of the company’s stock valued at $936,000 after buying an additional 85,100 shares in the last quarter. Rhumbline Advisers bought a new stake in shares of Gastar Exploration during the second quarter valued at approximately $163,000. Schwab Charles Investment Management Inc. increased its stake in shares of Gastar Exploration by 124.8% in the second quarter. Schwab Charles Investment Management Inc. now owns 540,300 shares of the company’s stock valued at $501,000 after buying an additional 300,000 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of Gastar Exploration by 439.9% in the second quarter. Bank of New York Mellon Corp now owns 599,986 shares of the company’s stock valued at $555,000 after buying an additional 488,849 shares in the last quarter.

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