9 analysts have shared their evaluations of Gulfport Energy (NYSE:GPOR) during the recent three months, expressing a mix of bullish and bearish perspectives.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 2 | 4 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 1 | 0 | 0 | 0 |
| 2M Ago | 2 | 0 | 3 | 0 | 0 |
| 3M Ago | 1 | 1 | 0 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $176.78, along with a high estimate of $203.00 and a low estimate of $160.00. This current average has increased by 7.21% from the previous average price target of $164.89.
Breaking Down Analyst Ratings: A Detailed Examination
The analysis of recent analyst actions sheds light on the perception of Gulfport Energy by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Nitin Kumar | Mizuho | Raises | Neutral | $178.00 | $166.00 |
| Zach Parham | JP Morgan | Raises | Overweight | $167.00 | $156.00 |
| Nitin Kumar | Mizuho | Maintains | Neutral | $166.00 | $166.00 |
| Neal Dingmann | Truist Securities | Lowers | Buy | $201.00 | $203.00 |
| Nitin Kumar | Mizuho | Raises | Neutral | $166.00 | $148.00 |
| Neal Dingmann | Truist Securities | Raises | Buy | $203.00 | $184.00 |
| Nitin Kumar | Mizuho | Raises | Neutral | $166.00 | $148.00 |
| Tim Rezvan | Keybanc | Raises | Overweight | $160.00 | $143.00 |
| Neal Dingmann | Truist Securities | Raises | Buy | $184.00 | $170.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Gulfport Energy. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Gulfport Energy compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Gulfport Energy's stock. This comparison reveals trends in analysts' expectations over time.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Gulfport Energy's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Gulfport Energy analyst ratings.
Delving into Gulfport Energy's Background
Gulfport Energy Corp is an independent natural gas-weighted exploration and production company focused on the exploration, acquisition and production of natural gas, crude oil and NGL in the United States. It operates through Utica Shale and Scoop properties. The Utica Shale is located in the Appalachian Basin of the United States and Canada. The Scoop (South Central Oklahoma Oil Province) play of Oklahoma is located in the southeast portion of the prolific Anadarko Basin.
Gulfport Energy's Economic Impact: An Analysis
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Negative Revenue Trend: Examining Gulfport Energy's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -32.58% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Energy sector.
Net Margin: Gulfport Energy's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 18.23%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Gulfport Energy's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.0% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Gulfport Energy's ROA excels beyond industry benchmarks, reaching 1.33%. This signifies efficient management of assets and strong financial health.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.3.
Understanding the Relevance of Analyst Ratings
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.