StealthGas (NASDAQ:GASS) is set to issue its quarterly earnings data before the market opens on Friday, November 23rd. Analysts expect the company to announce earnings of $0.05 per share for the quarter.

StealthGas (NASDAQ:GASS) last released its quarterly earnings data on Thursday, August 23rd. The shipping company reported $0.08 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.01 by $0.07. StealthGas had a positive return on equity of 0.60% and a negative net margin of 4.80%. The business had revenue of $43.38 million for the quarter, compared to analysts’ expectations of $37.32 million. On average, analysts expect StealthGas to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

NASDAQ:GASS opened at $3.32 on Thursday. StealthGas has a fifty-two week low of $3.20 and a fifty-two week high of $4.70. The company has a current ratio of 0.90, a quick ratio of 0.86 and a debt-to-equity ratio of 0.74. The stock has a market cap of $134.73 million, a PE ratio of 23.71 and a beta of 1.27.

In other StealthGas news, major shareholder Glendon Capital Management Lp acquired 680,093 shares of the business’s stock in a transaction dated Friday, October 12th. The shares were acquired at an average price of $3.44 per share, for a total transaction of $2,339,519.92. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Insiders have bought a total of 1,726,799 shares of company stock worth $5,944,007 in the last quarter.

GASS has been the topic of several recent analyst reports. ValuEngine cut StealthGas from a “buy” rating to a “hold” rating in a report on Monday, August 13th. Zacks Investment Research upgraded StealthGas from a “hold” rating to a “buy” rating and set a $3.75 price objective on the stock in a report on Wednesday, October 10th. Finally, Maxim Group initiated coverage on StealthGas in a report on Thursday, October 25th. They set a “buy” rating and a $6.00 price objective on the stock. One equities research analyst has rated the stock with a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $5.58.

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About StealthGas

StealthGas Inc, together with its subsidiaries, provides seaborne transportation services to liquefied petroleum gas (LPG) producers and users worldwide. It also provides crude oil and product carriers chartered to oil producers, refiners, and commodities traders. The company's carriers carry various petroleum gas products in liquefied form, including propane, butane, butadiene, isopropane, propylene, and vinyl chloride monomer; and refined petroleum products, such as gasoline, diesel, fuel oil, and jet fuel, as well as edible oils and chemicals.

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Earnings History for StealthGas (NASDAQ:GASS)

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