Gulfport Energy Corp. (NASDAQ:GPOR) registered a 1.58% increase, still its new closing price is 4.79% up from the company’s 1 year high of 34.67.It posted -4.37% losses in previous 5 sessions and is now the subject of 6 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 9 buy or better ratings. The 30 stock analysts following this company have an average price target at $31.61, with individual PT in the $24.00-$41.00 range. The shares moved at $21.21, implying that brokerage firms see shares losing about -29.06% in twelve months time.
Gulfport Energy Corp. (GPOR) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -1.99% fall year to date. A VP of Reservoir Engineering at Gulfport Energy Corp. (GPOR) offloaded shares in a transaction closed on Monday August 22, 2016. Baldwin Steve sold 566 shares in the company at $27 each and collected $15,000 in proceeds. Baldwin Steve now owns 21,634 shares in the company after this transaction. A Vice President of Geosciences in the company, Maier Stuart, disclosed a transaction on Monday June 20, 2016 that ended up generating $333,001 from the sale of 10,000 shares at $33.35 per share.
Gulfport Energy Corp. (NASDAQ:GPOR) Upcoming Results on Tap
Gulfport Energy Corp. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.27 in that period. Sales during the quarter are predicted to arrive at $236.01 million.
Earnings surprise history: Last quarter, the company posted approximately $193.69 million in revenue and EPS of $0.16. The mean forecast was for $170.95 million and $0.10 a share, respectively. One quarter earlier, revenue for the stock was at $-28, with earnings at $0.24/share.
Gulfport Energy Corp. (GPOR) Brokerage Update
Gulfport Energy Corp. (GPOR) is in Guggenheim’s research list so their analyst rating change is noteworthy. These shares were upgraded to Buy from Neutral by Guggenheim, according to news reported on Monday December 19, 2016.Another important research note was issued by Tudor Pickering on Monday October 24, 2016.The firm downgraded GPOR to Hold from Buy. Over the last six months and over the last three months, the shares of Gulfport Energy Corp. (GPOR), have changed -26.02% and -11.44%, respectively.