Gulfport Energy Corporation (NASDAQ:GPOR) has been assigned a consensus recommendation of “Buy” from the twenty-seven brokerages that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and nineteen have given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $22.59.

Several research firms have recently issued reports on GPOR. Stifel Nicolaus decreased their price target on Gulfport Energy from $21.00 to $18.00 and set a “buy” rating for the company in a research note on Monday, August 14th. Williams Capital set a $18.00 price target on Gulfport Energy and gave the company a “buy” rating in a report on Monday, October 23rd. KeyCorp set a $18.00 price target on Gulfport Energy and gave the company a “buy” rating in a report on Thursday, October 19th. Imperial Capital assumed coverage on Gulfport Energy in a report on Tuesday, September 19th. They issued an “outperform” rating and a $19.00 price target for the company. Finally, Piper Jaffray Companies cut their price target on Gulfport Energy from $21.00 to $18.00 and set an “overweight” rating for the company in a report on Monday, September 18th.

Shares of Gulfport Energy (NASDAQ GPOR) opened at $12.46 on Monday. The stock has a market capitalization of $2,281.20, a price-to-earnings ratio of 9.51, a PEG ratio of 0.30 and a beta of 0.69. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.67. Gulfport Energy has a 52-week low of $10.90 and a 52-week high of $29.92.

Gulfport Energy (NASDAQ:GPOR) last issued its earnings results on Wednesday, November 1st. The oil and gas producer reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.03). Gulfport Energy had a net margin of 3.88% and a return on equity of 7.99%. The firm had revenue of $265.50 million during the quarter, compared to analysts’ expectations of $302.33 million. During the same quarter last year, the firm earned $0.16 EPS. The business’s revenue for the quarter was up 37.1% compared to the same quarter last year. research analysts anticipate that Gulfport Energy will post 1.36 EPS for the current fiscal year.

In related news, Director Paul D. Westerman bought 10,000 shares of the stock in a transaction that occurred on Thursday, November 30th. The shares were acquired at an average price of $12.75 per share, with a total value of $127,500.00. Following the completion of the transaction, the director now owns 15,488 shares in the company, valued at $197,472. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.21% of the stock is currently owned by insiders.

A number of institutional investors have recently bought and sold shares of the stock. GSA Capital Partners LLP bought a new stake in shares of Gulfport Energy during the third quarter worth approximately $223,000. GeoSphere Capital Management bought a new stake in shares of Gulfport Energy in the third quarter valued at approximately $1,434,000. California Public Employees Retirement System boosted its stake in shares of Gulfport Energy by 1.9% in the third quarter. California Public Employees Retirement System now owns 731,188 shares of the oil and gas producer’s stock valued at $10,485,000 after buying an additional 13,888 shares during the period. Cubist Systematic Strategies LLC boosted its stake in shares of Gulfport Energy by 384.6% in the third quarter. Cubist Systematic Strategies LLC now owns 69,789 shares of the oil and gas producer’s stock valued at $1,001,000 after buying an additional 55,389 shares during the period. Finally, Janus Henderson Group PLC boosted its stake in shares of Gulfport Energy by 22.6% in the third quarter. Janus Henderson Group PLC now owns 6,467,222 shares of the oil and gas producer’s stock valued at $92,740,000 after buying an additional 1,193,723 shares during the period. Institutional investors and hedge funds own 86.93% of the company’s stock.

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Gulfport Energy Company Profile

Gulfport Energy Corporation is an oil and natural gas exploration and production company. The Company focuses on the exploitation and acquisition of natural gas, natural gas liquids and crude oil in the United States. The Company’s properties are located in the Utica Shale in Eastern Ohio and along the Louisiana Gulf Coast in the West Cote Blanche Bay (WCBB) and Hackberry fields.

Analyst Recommendations for Gulfport Energy (NASDAQ:GPOR)

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