Gulfport Energy Corporation (NASDAQ:GPOR) Analyst Opinion
Gulfport Energy Corporation (NASDAQ:GPOR) stock is presently standing at about $16.55 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 28 analysts covering the company is $30.50, which suggests the stock could still rise over 46 percent. The highest analyst price target is $41.00, which implies a rally of -48 percent. And a quick view of analyst notes show that 15 are rating the stock a buy while 9 rate GPOR a strong buy. There are 6 equity research firms advocating a Hold and 0 consider it Sell.
Guggenheim analysts provided their view on Gulfport Energy Corporation (NASDAQ:GPOR) recently. The rating firm issued a Buy rating to this company in a research note released on Dec 19, 2016. Tudor Pickering analysts disclosed their opinion on Gulfport Energy Corporation (NASDAQ:GPOR) recently. The rating firm gave a Hold rating to this stock in a research note published on Oct 24, 2016. According to a research note disclosed on Oct 18, 2016, analysts at Goldman have upped their rating on these shares from Neutral to Buy.
Gulfport Energy Corporation (NASDAQ:GPOR) Transactions Roundup
Several insiders were part of recent insider activity for the stock. Its VP of Reservoir Engineering Baldwin Steve sold 566 company shares for 15280, in a transaction on 2016-08-22. Following the transaction, the VP of Reservoir Engineering is left with a stake of 21,634 shares, currently valued at $358043. Meanwhile, Vice President of Geosciences Maier Stuart sold 10,000 shares worth $333500, through a transaction dated 2016-06-20. Following the completion of the transaction, the insider is left with a stake of 20,366 shares, amounting $337057.3. GPOR President & CEO Moore Michael G also sold 20,000 shares, at a stock price of $32.95. This transaction occurred on 2016-06-15 totals $659000. After this transaction, the insider’s stake stands at 226,175 shares, with a market value of $3743196.
Executives hold 0.98 percent of the stock. Mr. Michael Liddell is one of the biggest insider owners in Gulfport Energy Corporation (NASDAQ:GPOR), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 648,299 shares which have current market value of around $10729348.45.Michael G. Moore is another major inside shareholder in the company. The insider owns 413,943 shares as of 0.23%, currently worth $6850756.65. James D. Palm is ranked as third insider holder of the stock. This insider holds 246,387 shares with a market value around $4077704.85 as of recent close.
Gulfport Energy Corporation (NASDAQ:GPOR) Earnings Outlook
In Gulfport Energy Corporation (NASDAQ:GPOR)’s latest quarter, EPS moved to $0.34 from $0.16 in preceding quarter and revenues reached at $202.71M compared to $193.69M. Analysts had expected Gulfport Energy Corporation (NASDAQ:GPOR) to post net income of about $0.22 per share on $199.04M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.11 to $0.28. That is compared with the $0.14 in EPS it reported during the same period a year ago.