The Gulfport Energy Corporation (NASDAQ:GPOR) is going down by -1.28% in today’s trading session, a fall equivalent to -0.04% of the stock’s price from yesterday’s market close. A news came out on 11/21/19 stating that Firefly Value Partners Sends Letter to Gulfport Energy Corporation Board of Directors by WSJ. The lowest point that the shares touched during the trading session was $2.59, while the peak of the day was recorded at a share price of $2.83. GPOR finished the previous session at $2.74 according to the data provided by Barchart, while the trading volume was observed to be $1289183.
In the 100 days of trading, GPOR managed to top a 2.94% Moving average. Additionally, Gulfport Energy Corporation shares have achieved a 52-week range between 2.28 and 10.09 alongside 100 days raw stochastic set at 27.50%.
The number of shares outstanding, according to the fundamentals of the company, is set at 148.35M, equal to the value of $406.48M in market capitalization. In the last 30 days, Gulfport Energy Corporation shares went down by -22.95%, adding 3.53 to growth in value, on top of a +16.49% boost since 11/08/19.
Gulfport Energy Corporation (NASDAQ:GPOR) Analyst’s Estimates
Gulfport Energy Corporation (GPOR) could record at least $0.21 per share in quarterly earnings in the upcoming report on 02/26/2020, a number that would actually represent an increase of 0.45 YOY.
According to the average analyst rating, Gulfport Energy Corporation would be rated as Hold. Out of 21 different analysts monitoring GPOR stock, 6 analysts rate the stock as a BUY, 10 suggest to give the rating of HOLD, 2 indicate that GPOR is an OVERWEIGHT, 3 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On November 15, 2019, the stock earned a Downgrade rating due to a new analyst call from SunTrust, while analysts from Imperial Capital believe that the stock is set at Outperform, as concluded on October 18, 2019. Williams Capital Group, is still rather wary about the stock, deciding to keep the rating at Hold as confirmed through a call on August 19, 2019.
Regardless of the rating, Jefferies did decrease their price from $11 to $5 as they are considering target share price analysis. Credit Suisse, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on July 10, 2019, giving the stock a Underperform from the Neutral rating.
GPOR Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +38.72% has been attained, while the operating margin has been recorded at +34.89%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 7.26%. Beta value of the stock is recorded at 0.83. Additionally, Gulfport Energy Corporation is recording price volatility of 7.99% for the period of the last seven days and 7.62% in the last 30 days.
Gulfport Energy Corporation (NASDAQ:GPOR) Technical Outlook
For the period of the last 50 days, Gulfport Energy Corporation had its Raw Stochastic average set at 24.92% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 34.84%. Stochastic %K for Gulfport Energy Corporation, with the last 20 days included, was set at 32.03%, having Stochastic %D topping 24.45%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be discouraging for Gulfport Energy Corporation stocks with recording -58.17% in metrics.
Gulfport Energy Corporation Insider Watch:
Similarly, 116.27% of the company’s float is held by institutions – and there are 350 institutions in total holding shares of this company. The top three institutional holders of GPOR stocks are: Blackrock Inc. with ownership of $62.46 million, which is approximately 23049645 of the company’s shares; Firefly Value Partners, LP, holding 15756000 shares of the stock with an approximate value of $42.7 million; and Dimensional Fund Advisors LP, currently with more than 13567524 shares of the company valued at $36.77 million. Positions in Gulfport Energy Corporation stocks held by institutional investors has been changing actively in the past six months, a period during which there were 21 insider purchases amounting to 2150543 shares.