Williams Capital cut shares of Gulfport Energy (NASDAQ:GPOR) from a buy rating to a hold rating in a research report sent to investors on Monday, The Fly reports.

Other analysts have also issued reports about the company. Jefferies Financial Group lowered Gulfport Energy from a buy rating to a hold rating and lowered their target price for the company from $11.00 to $5.00 in a research note on Monday, July 15th. Credit Suisse Group lowered Gulfport Energy from a neutral rating to an underperform rating in a research note on Tuesday, July 9th. BidaskClub lowered Gulfport Energy from a sell rating to a strong sell rating in a research note on Tuesday, July 16th. Finally, Zacks Investment Research upgraded Gulfport Energy from a sell rating to a hold rating and set a $3.75 target price for the company in a research note on Tuesday, August 6th. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus price target of $9.68.

Shares of NASDAQ:GPOR opened at $3.03 on Monday. Gulfport Energy has a twelve month low of $2.84 and a twelve month high of $12.08. The firm has a market cap of $500.37 million, a PE ratio of 1.66, a price-to-earnings-growth ratio of 0.26 and a beta of 0.81. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.64 and a current ratio of 0.64. The business has a fifty day moving average of $3.65 and a 200-day moving average of $6.07.

Gulfport Energy (NASDAQ:GPOR) last announced its earnings results on Thursday, August 1st. The oil and gas producer reported $0.21 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.20 by $0.01. Gulfport Energy had a return on equity of 7.34% and a net margin of 33.82%. The company had revenue of $459.00 million during the quarter, compared to analyst estimates of $312.43 million. During the same period last year, the company posted $0.33 earnings per share. The firm’s quarterly revenue was up 81.6% compared to the same quarter last year. On average, analysts anticipate that Gulfport Energy will post 1.09 EPS for the current fiscal year.

A number of institutional investors have recently bought and sold shares of GPOR. Dimensional Fund Advisors LP boosted its stake in Gulfport Energy by 0.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 14,687,995 shares of the oil and gas producer’s stock worth $96,209,000 after purchasing an additional 114,266 shares during the period. Norges Bank acquired a new stake in Gulfport Energy during the 4th quarter worth $17,417,000. Nisa Investment Advisors LLC boosted its stake in Gulfport Energy by 468.1% during the 1st quarter. Nisa Investment Advisors LLC now owns 16,020 shares of the oil and gas producer’s stock worth $128,000 after purchasing an additional 13,200 shares during the period. Brookstone Capital Management boosted its stake in Gulfport Energy by 45.5% during the 1st quarter. Brookstone Capital Management now owns 39,989 shares of the oil and gas producer’s stock worth $321,000 after purchasing an additional 12,500 shares during the period. Finally, Deltec Asset Management LLC boosted its stake in Gulfport Energy by 37.3% during the 1st quarter. Deltec Asset Management LLC now owns 1,308,747 shares of the oil and gas producer’s stock worth $10,496,000 after purchasing an additional 355,575 shares during the period. Institutional investors and hedge funds own 96.49% of the company’s stock.

Gulfport Energy Company Profile

Gulfport Energy Corporation engages in the acquisition, exploration, exploitation, and production of natural gas, crude oil, and natural gas liquids (NGLs) in North America. Its principal properties include Utica Shale covering an area of approximately 241,000 gross acres primarily in Eastern Ohio; and SCOOP that comprise leasehold interests in approximately 66,000 gross surface acres located in Oklahoma.

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Analyst Recommendations for Gulfport Energy (NASDAQ:GPOR)

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