The shares of Gulfport Energy Corporation (NASDAQ:GPOR) has been pegged with a rating of Neutral by Guggenheim in its latest research note that was published on January 29th, 2019. Guggenheim wasn’t the only research firm that published a report of Gulfport Energy Corporation, with other equities research analysts also giving their opinion on the stock. Imperial Capital advised investors in its research note published on January 22nd, 2019, to Outperform the GPOR stock while also putting a $14 price target. The stock had earned Buy rating from Tudor Pickering when it published its report on January 18th, 2019. The stock was given Sector Weight rating by KeyBanc Capital Mkts in its report released on January 8th, 2019. CapitalOne was of a view that GPOR is Equal Weight in its latest report on December 20th, 2018. JP Morgan thinks that GPOR is worth Neutral rating. This was contained in the firm’s report on December 7th, 2018.
Amongst the analysts that rated the stock, 1 have recommended investors to sell it, 9 believe it has the potential for further growth, thus rating it as Hold while 5 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $11.46. The price of the stock the last time has raised by 25.40% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 48.84.
The shares of the company added by 3.89% during the trading session on Thursday, reaching a low of $7.47 while ending the day at $7.75. During the trading session, a total of 5 million shares were traded which represents a -38.97% decline from the average session volume which is 3.60M shares. GPOR had ended its last session trading at 7.46. Gulfport Energy Corporation currently has a market cap of $1.27B, while its P/E ratio stands at 3.14, while its P/E earnings growth sits at 0.94, with a beta of 0.95. Gulfport Energy Corporation debt-to-equity ratio currently stands at 0.63, while its quick ratio hovers at 0.60. GPOR 52-week low price stands at $6.18 while its 52-week high price is $13.41.
The company in its last quarterly report recorded $0.46 earnings per share which is below the $0.50 predicted by most analysts. The Gulfport Energy Corporation generated $415.95 million in revenue during the last quarter, which is slightly higher than the $382.95 million predicted by analysts. In the second quarter last year, the firm recorded $0.49 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -6.52%. Gulfport Energy Corporation has the potential to record 2.47 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Goldman published a research note on March 27th, 2019 where it informed investors and clients that ON Semiconductor Corporation (NASDAQ:ON) is now rated as Buy. Their price target on the stock stands at $26. Imperial Capital also rated ON as Reiterated on January 22nd, 2019, with its price target of $14 suggesting that ON could surge by 11.24% from its current share price. Even though the stock has been trading at $22.37/share, analysts expect it to surge higher by 0.27% to reach $25.27/share. It started the day trading at $22.69 and traded between $22.12 and $22.43 throughout the trading session.
A look at its technical shows that ON’s 50-day SMA is 21.70 while its 200-day SMA stands at 19.97. The stock has a high of $26.38 for the year while the low is $14.55. The company’s P/E ratio currently sits at 16.90, while the P/B ratio is 2.95. At the moment, only of ON Semiconductor Corporation shares were sold short. The company’s average trading volume currently stands at 7.20M shares, which means that the short-interest ratio is just 3.19 days. Over the past seven days, the company moved, with its shift of 10.66%. Looking further, the stock has raised 43.32% over the past 90 days while it gained 19.63% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc sold more ON shares, decreasing its portfolio by -4.74% during the last quarter. This move now sees The Vanguard Group Inc selling -2,023,787 shares in the last quarter, thus it now holds 40,690,506 shares of ON, with a total valuation of $874,032,069. Henderson Global Investors Ltd meanwhile sold more ON shares in the recently filed quarter, changing its stake to $655,873,478 worth of shares. Fidelity Management Research Co followed the path by increasing its ON portfolio by +54.98% in the quarter. This means that Fidelity Management Research Co bought 10,496,183 shares in the last quarter and now controls 29,588,314 shares of the ON stock, with the valuation hitting $635,556,985.
Similarly, BlackRock Fund Advisors decreased its ON Semiconductor Corporation shares by -0.37% during the recently filed quarter. After selling -68,696 shares in the last quarter, the firm now controls 18,250,524 shares of ON Semiconductor Corporation which are valued at $392,021,256. In the same vein, Pictet Asset Management SA increased its ON Semiconductor Corporation shares by during the most recent reported quarter. The firm bought 1,502,782 shares during the quarter which increased its stakes to 13,224,296 shares and is now valued at $284,057,878. Following these latest developments, around 1.60% of ON Semiconductor Corporation stocks are owned by institutional investors and hedge funds.