Gibson Energy Inc. (TSE:GEI - Get Free Report) has earned an average rating of "Moderate Buy" from the nine research firms that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is C$25.72.
A number of equities research analysts have commented on the company. Royal Bank of Canada lifted their target price on Gibson Energy from C$27.00 to C$28.00 and gave the company an "outperform" rating in a research report on Thursday. JPMorgan Chase & Co. decreased their target price on shares of Gibson Energy from C$27.00 to C$26.00 in a research report on Wednesday, October 2nd. National Bankshares lifted their price target on shares of Gibson Energy from C$25.00 to C$26.00 and gave the company an "outperform" rating in a research report on Friday, August 23rd. Finally, BMO Capital Markets upped their price objective on shares of Gibson Energy from C$25.00 to C$25.50 in a report on Thursday, September 5th.
Check Out Our Latest Stock Report on GEI
Shares of Gibson Energy stock opened at C$22.82 on Monday. Gibson Energy has a 1-year low of C$18.74 and a 1-year high of C$23.64. The company has a debt-to-equity ratio of 292.01, a current ratio of 1.18 and a quick ratio of 0.87. The stock has a market cap of C$3.71 billion, a P/E ratio of 21.53, a P/E/G ratio of 1.85 and a beta of 1.25. The stock's 50 day simple moving average is C$22.05 and its 200-day simple moving average is C$22.54.
Gibson Energy (TSE:GEI - Get Free Report) last announced its quarterly earnings results on Monday, July 29th. The company reported C$0.38 earnings per share for the quarter, beating the consensus estimate of C$0.36 by C$0.02. Gibson Energy had a net margin of 1.42% and a return on equity of 23.48%. The firm had revenue of C$3.23 billion for the quarter. Analysts predict that Gibson Energy will post 1.6838951 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, October 17th. Investors of record on Monday, September 30th will be issued a $0.41 dividend. The ex-dividend date of this dividend is Friday, September 27th. This represents a $1.64 dividend on an annualized basis and a yield of 7.19%. Gibson Energy's dividend payout ratio (DPR) is presently 154.72%.
In other Gibson Energy news, Director Margaret Cahill Montana acquired 3,400 shares of the stock in a transaction dated Wednesday, August 7th. The stock was acquired at an average cost of C$21.52 per share, with a total value of C$73,168.00. In other news, Director Curtis Philippon bought 23,000 shares of Gibson Energy stock in a transaction dated Wednesday, September 4th. The stock was acquired at an average cost of C$22.03 per share, with a total value of C$506,690.00. Also, Director Margaret Cahill Montana purchased 3,400 shares of the business's stock in a transaction on Wednesday, August 7th. The shares were purchased at an average cost of C$21.52 per share, for a total transaction of C$73,168.00. Insiders own 0.85% of the company's stock.
Gibson Energy Inc, together with its subsidiaries, engages in the gathering, storage, optimization, processing, and marketing of liquids and refined products in Canada and the United States. It operates through Infrastructure and Marketing segments. The Infrastructure segment operates a network of liquid infrastructure assets that include oil terminals, rail loading and unloading facilities, gathering pipelines, a crude oil processing facility, and other terminals.
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