Gibson Energy Inc. (TSE:GEI – Free Report) – Raymond James lowered their FY2025 earnings per share estimates for Gibson Energy in a research report issued on Wednesday, February 19th. Raymond James analyst M. Barth now forecasts that the company will post earnings per share of $1.39 for the year, down from their prior estimate of $1.52. Raymond James has a “Strong-Buy” rating and a $29.50 price objective on the stock.
Other equities research analysts have also recently issued research reports about the company. BMO Capital Markets raised Gibson Energy from a “market perform” rating to an “outperform” rating and raised their price objective for the company from C$25.50 to C$28.00 in a research note on Thursday, December 5th. Scotiabank dropped their price target on Gibson Energy from C$27.00 to C$26.00 and set an “outperform” rating on the stock in a report on Thursday. Wells Fargo & Company lowered Gibson Energy from an “overweight” rating to an “equal weight” rating in a report on Wednesday, December 18th. Jefferies Financial Group lowered their target price on Gibson Energy from C$26.00 to C$23.00 and set a “hold” rating on the stock in a research note on Thursday. Finally, National Bankshares cut Gibson Energy from an “outperform” rating to a “sector perform” rating and reduced their price target for the company from C$29.00 to C$24.00 in a research report on Wednesday. Five research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Gibson Energy presently has a consensus rating of “Moderate Buy” and an average target price of C$25.86.
Gibson Energy Trading Up 0.6 %
Shares of Gibson Energy stock opened at C$21.27 on Friday. The company has a debt-to-equity ratio of 278.33, a quick ratio of 0.87 and a current ratio of 0.70. Gibson Energy has a 52 week low of C$20.83 and a 52 week high of C$26.10. The stock has a 50 day moving average price of C$24.57 and a two-hundred day moving average price of C$23.39. The stock has a market capitalization of C$3.47 billion, a PE ratio of 16.40, a price-to-earnings-growth ratio of 1.85 and a beta of 1.25.
Insider Buying and Selling
In related news, Senior Officer Riley Hicks bought 8,900 shares of the stock in a transaction dated Friday, February 21st. The stock was bought at an average price of C$21.10 per share, with a total value of C$187,790.00. Also, Director Curtis Philippon bought 40,000 shares of the stock in a transaction dated Monday, December 9th. The stock was bought at an average cost of C$25.46 per share, with a total value of C$1,018,400.00. Insiders acquired a total of 75,910 shares of company stock worth $1,786,139 over the last ninety days. 0.85% of the stock is owned by corporate insiders.
About Gibson Energy
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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