Geopark (NYSE:GPRK) Rating Increased to Strong-Buy at Wall Street Zen

Geopark (NYSE:GPRK) was upgraded by research analysts at Wall Street Zen to a “strong-buy” rating in a report issued on Saturday.

Separately, Weiss Ratings upgraded shares of Geopark from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, April 21st. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $11.50.

Geopark Price Performance

Shares of GPRK stock opened at $9.07 on Friday. The stock has a 50-day moving average price of $9.93 and a 200 day moving average price of $8.89. The company has a quick ratio of 0.96, a current ratio of 1.00 and a debt-to-equity ratio of 1.51. The firm has a market cap of $469.27 million, a price-to-earnings ratio of 8.64 and a beta of 0.39. Geopark has a 12 month low of $5.75 and a 12 month high of $11.87.

Geopark (NYSE:GPRK) last released its earnings results on Wednesday, May 6th. The oil and gas company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.13. Geopark had a net margin of 11.74% and a return on equity of 36.71%. The company had revenue of $128.40 million for the quarter, compared to the consensus estimate of $140.00 million.

Insider Activity

In related news, Director James Franklin Park sold 100,000 shares of Geopark stock in a transaction on Monday, April 20th. The stock was sold at an average price of $8.83, for a total transaction of $883,000.00. Following the completion of the sale, the director directly owned 912,118 shares of the company’s stock, valued at $8,054,001.94. The trade was a 9.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.50% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Geopark

Several hedge funds have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd boosted its holdings in Geopark by 86.1% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 6,775 shares of the oil and gas company’s stock worth $50,000 after buying an additional 3,134 shares during the last quarter. StoneX Group Inc. acquired a new position in shares of Geopark during the 4th quarter worth about $101,000. Walleye Capital LLC bought a new stake in shares of Geopark in the 1st quarter valued at about $159,000. PharVision Advisers LLC bought a new stake in shares of Geopark in the 3rd quarter valued at about $117,000. Finally, Graham Capital Management L.P. acquired a new stake in shares of Geopark in the 4th quarter valued at approximately $139,000. Institutional investors and hedge funds own 68.21% of the company’s stock.

About Geopark

Geopark Ltd. (NYSE:GPRK) is an independent oil and gas exploration and production company focused on Latin America. Founded in 2002 and with corporate offices in Canada and regional headquarters in Bogotá, Colombia, Geopark pursues the discovery and development of unconventional and conventional hydrocarbon resources. The company’s strategy emphasizes asset consolidation in established basins alongside disciplined capital allocation to maximize production efficiency.

The company’s core operations are centered in Colombia’s Llanos Basin, where it holds interests in several producing blocks that deliver light crude oil to local and export markets.