Raymond James Boosts Earnings Estimates for Gibson Energy

Gibson Energy Inc. (OTCMKTS:GBNXF - Free Report) - Stock analysts at Raymond James lifted their FY2027 EPS estimates for Gibson Energy in a report released on Wednesday, April 9th. Raymond James analyst M. Barth now expects that the company will post earnings per share of $1.37 for the year, up from their previous forecast of $1.35. The consensus estimate for Gibson Energy's current full-year earnings is $1.09 per share.

Several other brokerages also recently commented on GBNXF. TD Securities upgraded Gibson Energy from a "hold" rating to a "strong-buy" rating in a research note on Monday, February 24th. National Bank Financial lowered shares of Gibson Energy from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 19th. Two research analysts have rated the stock with a hold rating, one has issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Buy".

Gibson Energy Stock Performance

Shares of OTCMKTS GBNXF traded up $0.13 during mid-day trading on Monday, hitting $15.60. The company had a trading volume of 120,236 shares, compared to its average volume of 38,785. The company has a current ratio of 0.70, a quick ratio of 0.60 and a debt-to-equity ratio of 2.38. Gibson Energy has a 1 year low of $13.13 and a 1 year high of $18.92. The company has a market capitalization of $2.55 billion, a price-to-earnings ratio of 22.60 and a beta of 0.86. The stock's 50-day moving average price is $15.31 and its 200-day moving average price is $16.45.

Gibson Energy (OTCMKTS:GBNXF - Get Free Report) last released its quarterly earnings data on Tuesday, February 18th. The company reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates of $0.23 by ($0.25). The business had revenue of $1.69 billion during the quarter. Gibson Energy had a net margin of 1.30% and a return on equity of 16.18%.

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.