Latest Stocks: Stifel Nicolaus Lowers Gulfport Energy Co. (GPOR) Price Target to $21.00

Latest Stocks: Stifel Nicolaus Lowers Gulfport Energy Co. (GPOR) Price Target to $21.00

Gulfport Energy Co. (NASDAQ:GPOR) had its price target cut by Stifel Nicolaus from $26.00 to $21.00 in a report published on Wednesday morning. They currently have a buy rating on the oil and gas producer’s stock.

A number of other equities research analysts also recently weighed in on the company. Scotiabank reaffirmed a buy rating and set a $29.00 price objective on shares of Gulfport Energy in a report on Monday, March 27th. Deutsche Bank AG decreased their price objective on Gulfport Energy from $27.00 to $24.00 and set a hold rating on the stock in a report on Tuesday, March 7th. Williams Capital reaffirmed a buy rating on shares of Gulfport Energy in a report on Thursday, March 23rd. Barclays PLC reaffirmed an overweight rating and set a $28.00 price objective (down from $30.00) on shares of Gulfport Energy in a report on Saturday, April 22nd. Finally, Goldman Sachs Group Inc downgraded Gulfport Energy from a buy rating to a neutral rating and decreased their price objective for the company from $31.00 to $21.00 in a report on Wednesday, March 22nd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and twenty-one have issued a buy rating to the stock. The stock has a consensus rating of Buy and a consensus price target of $28.91.

Gulfport Energy (NASDAQ GPOR) opened at 13.24 on Wednesday. The stock has a 50 day moving average price of $15.70 and a 200-day moving average price of $19.41. Gulfport Energy has a 12-month low of $13.18 and a 12-month high of $34.67. The firm’s market capitalization is $2.42 billion.

Gulfport Energy (NASDAQ:GPOR) last released its quarterly earnings data on Monday, May 8th. The oil and gas producer reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.14. The company had revenue of $333 million for the quarter, compared to analyst estimates of $224.93 million. The firm’s revenue for the quarter was up 112.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.14 earnings per share. On average, equities research analysts forecast that Gulfport Energy will post $1.36 EPS for the current year.

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. HAP Trading LLC boosted its position in Gulfport Energy by 255.4% in the third quarter. HAP Trading LLC now owns 41,223 shares of the oil and gas producer’s stock valued at $1,165,000 after buying an additional 29,623 shares during the period. Comerica Bank boosted its position in Gulfport Energy by 74.4% in the fourth quarter. Comerica Bank now owns 199,014 shares of the oil and gas producer’s stock valued at $4,137,000 after buying an additional 84,892 shares during the period. Loomis Sayles & Co. L P boosted its position in Gulfport Energy by 24.8% in the fourth quarter. Loomis Sayles & Co. L P now owns 950,951 shares of the oil and gas producer’s stock valued at $20,578,000 after buying an additional 189,066 shares during the period. Federated Investors Inc. PA boosted its position in Gulfport Energy by 44.2% in the fourth quarter. Federated Investors Inc. PA now owns 78,011 shares of the oil and gas producer’s stock valued at $1,688,000 after buying an additional 23,904 shares during the period. Finally, Omega Advisors Inc. boosted its position in Gulfport Energy by 42.7% in the third quarter. Omega Advisors Inc. now owns 298,153 shares of the oil and gas producer’s stock valued at $8,423,000 after buying an additional 89,253 shares during the period. Hedge funds and other institutional investors own 85.13% of the company’s stock. About Gulfport Energy

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