Today, Q4 2017 EPS Estimates for Gulfport Energy Corp. Decreased by Analyst (GPOR)

Today, Q4 2017 EPS Estimates for Gulfport Energy Corp. Decreased by Analyst (GPOR)

Gulfport Energy Corp. (NASDAQ:GPOR) – Research analysts at KeyCorp cut their Q4 2017 EPS estimates for Gulfport Energy Corp. in a note issued to investors on Tuesday. KeyCorp analyst D. Deckelbaum now forecasts that the firm will post earnings per share of $0.45 for the quarter, down from their previous forecast of $0.46. KeyCorp currently has a “Overweight” rating and a $35.00 price target on the stock. KeyCorp also issued estimates for Gulfport Energy Corp.’s Q1 2018 earnings at $0.67 EPS and FY2018 earnings at $2.90 EPS.

GPOR has been the topic of several other research reports. Williams Capital assumed coverage on Gulfport Energy Corp. in a report on Monday, August 29th. They set a “buy” rating and a $36.00 target price on the stock. Goldman Sachs Group Inc. upgraded Gulfport Energy Corp. from a “neutral” rating to a “buy” rating and set a $35.00 target price on the stock in a report on Tuesday, October 18th. Jefferies Group upgraded Gulfport Energy Corp. from an “underperform” rating to a “hold” rating in a report on Friday, August 19th. Mizuho assumed coverage on Gulfport Energy Corp. in a report on Wednesday, October 5th. They set a “buy” rating and a $35.00 target price on the stock. Finally, Canaccord Genuity set a $33.00 target price on Gulfport Energy Corp. and gave the stock a “buy” rating in a report on Wednesday, November 2nd. Ten research analysts have rated the stock with a hold rating and twenty-three have given a buy rating to the company. Gulfport Energy Corp. has an average rating of “Buy” and a consensus target price of $34.54.

Shares of Gulfport Energy Corp. (NASDAQ:GPOR) opened at 25.72 on Thursday. The firm’s market cap is $3.23 billion. Gulfport Energy Corp. has a 12-month low of $20.21 and a 12-month high of $34.67. The firm’s 50-day moving average price is $25.79 and its 200 day moving average price is $28.55.

Gulfport Energy Corp. (NASDAQ:GPOR) last posted its quarterly earnings data on Wednesday, November 2nd. The company reported $0.16 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.10 by $0.06. The firm had revenue of $193.70 million for the quarter, compared to the consensus estimate of $170.57 million. Gulfport Energy Corp. had a positive return on equity of 3.30% and a negative net margin of 216.29%. The business’s revenue for the quarter was down 16.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.08) EPS.

Hedge funds have recently added to or reduced their stakes in the company. Thomson Horstmann & Bryant Inc. purchased a new stake in Gulfport Energy Corp. during the second quarter valued at $307,000. Nikko Asset Management Americas Inc. boosted its position in shares of Gulfport Energy Corp. by 33.2% in the second quarter. Nikko Asset Management Americas Inc. now owns 243,100 shares of the company’s stock valued at $7,663,000 after buying an additional 60,600 shares in the last quarter. Nordea Investment Management AB bought a new position in shares of Gulfport Energy Corp. during the second quarter valued at $645,000. Eagle Asset Management Inc. bought a new position in shares of Gulfport Energy Corp. during the second quarter valued at $774,000. Finally, Capstone Asset Management Co. boosted its position in shares of Gulfport Energy Corp. by 18.6% in the second quarter. Capstone Asset Management Co. now owns 10,222 shares of the company’s stock valued at $320,000 after buying an additional 1,600 shares in the last quarter.

Gulfport Energy Corp. Company Profile

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