Investors hope Gulfport Energy
What analysts say:
- Buy, sell, or hold?: Analysts strongly back Gulfport Energy, with 10 out of 12 rating it a buy and the remainder rating it a hold. Analysts like Gulfport Energy better than competitor Approach Resources overall. While analysts still rate the stock a moderate buy, they are a little more optimistic about it compared to three months ago.
- Revenue forecasts: On average, analysts predict $59.6 million in revenue this quarter. That would represent a rise of 58.8% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.58 per share. Estimates range from $0.48 to $0.65.
What our community says:
CAPS All-Stars are strongly supporting the stock, with 95.1% assigning it an outperform rating. The community at large backs the All-Stars, with 95.7% awarding it a rating of outperform. Despite the majority sentiment in favor of Gulfport Energy, the stock has a middling CAPS rating of three out of five stars.
Management:
Gulfport Energy's profit has risen year over year by an average of more than twofold over the past five quarters. The company raised its gross margin by 2.6 percentage points in the last quarter. Revenue rose 75% while cost of sales rose 55.8% to $12 million from a year earlier.
Quarter | Q3 | Q2 | Q1 | Q4 |
Gross Margin | 79.3% | 79.2% | 78.1% | 76.1% |
Operating Margin | 50.1% | 50.1% | 47% | 39.4% |
Net Margin | 49.9% | 49.6% | 45.7% | 38.1% |
We can help you keep tabs on your companies with My Watchlist, our free, personalized service. Add Gulfport Energy now.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Earnings estimates provided by Zacks.