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Gulfport Energy (GPOR) Stock Moves -1.77%: What You Should Know
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Gulfport Energy (GPOR - Free Report) closed the most recent trading day at $95.22, moving -1.77% from the previous trading session. This change was narrower than the S&P 500's 2.8% loss on the day. Elsewhere, the Dow lost 2.11%, while the tech-heavy Nasdaq lost 0.1%.
Prior to today's trading, shares of the natural gas producer had gained 3.26% over the past month. This has outpaced the Oils-Energy sector's gain of 1.49% and the S&P 500's loss of 4.08% in that time.
Gulfport Energy will be looking to display strength as it nears its next earnings release. In that report, analysts expect Gulfport Energy to post earnings of $5.12 per share. This would mark year-over-year growth of 46.29%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $314 million, down 17.36% from the year-ago period.
Investors might also notice recent changes to analyst estimates for Gulfport Energy. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 1.45% higher. Gulfport Energy is holding a Zacks Rank of #1 (Strong Buy) right now.
Investors should also note Gulfport Energy's current valuation metrics, including its Forward P/E ratio of 4.34. This valuation marks a discount compared to its industry's average Forward P/E of 4.93.
The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 26, which puts it in the top 11% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow GPOR in the coming trading sessions, be sure to utilize Zacks.com.
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Gulfport Energy (GPOR) Stock Moves -1.77%: What You Should Know
Gulfport Energy (GPOR - Free Report) closed the most recent trading day at $95.22, moving -1.77% from the previous trading session. This change was narrower than the S&P 500's 2.8% loss on the day. Elsewhere, the Dow lost 2.11%, while the tech-heavy Nasdaq lost 0.1%.
Prior to today's trading, shares of the natural gas producer had gained 3.26% over the past month. This has outpaced the Oils-Energy sector's gain of 1.49% and the S&P 500's loss of 4.08% in that time.
Gulfport Energy will be looking to display strength as it nears its next earnings release. In that report, analysts expect Gulfport Energy to post earnings of $5.12 per share. This would mark year-over-year growth of 46.29%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $314 million, down 17.36% from the year-ago period.
Investors might also notice recent changes to analyst estimates for Gulfport Energy. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 1.45% higher. Gulfport Energy is holding a Zacks Rank of #1 (Strong Buy) right now.
Investors should also note Gulfport Energy's current valuation metrics, including its Forward P/E ratio of 4.34. This valuation marks a discount compared to its industry's average Forward P/E of 4.93.
The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 26, which puts it in the top 11% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow GPOR in the coming trading sessions, be sure to utilize Zacks.com.