Investors braced for a bumpy ride ahead of Gulf Island Fabrication's
What analysts say:
- Buy, sell, or hold?: Analysts strongly back Gulf Island Fabrication, with three out of five rating it a buy and the remainder rating it a hold. Wall Street has warmed to the stock over the past three months, with analysts increasing their endorsement from hold to moderate buy.
- Revenue forecasts: On average, analysts predict $97 million in revenue this quarter. That would represent a rise of 125.7% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.22 per share. Estimates range from $0.20 to $0.24.
What our community says:
CAPS All-Stars are enthusiastically backing the stock, with 98.1% granting it an outperform rating. The greater community is in line with the All-Stars, as 95.5% give it a rating of outperform. Fools feel positively about Gulf Island Fabrication and haven't been shy with their opinions lately, logging 106 posts in the past 30 days. Even with a robust four out of five stars, Gulf Island Fabrication's CAPS rating falls a little short of the community's upbeat outlook.
Management:
The company's revenue has now risen for two straight quarters. The company's gross margin shrank by 6.8 percentage points in the last quarter. Revenue rose 41.3% while cost of sales rose 52.1% to $81.8 million from a year earlier.
Quarter | Q3 | Q2 | Q1 | Q4 |
Gross Margin | 4.7% | 5.6% | (20.6%) | 5.0% |
Operating Margin | 2.4% | 3.3% | (24.8%) | 0.7% |
Net Margin | 1.8% | 2.1% | (15.0%) | 3.9% |
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Earnings estimates provided by Zacks.