Raymond James upgraded shares of Gibson Energy (OTCMKTS:GBNXF - Free Report) to a strong-buy rating in a report released on Thursday, Zacks.com reports.
Gibson Energy Stock Performance
Shares of OTCMKTS GBNXF traded up $0.14 during trading hours on Thursday, reaching $17.05. The stock had a trading volume of 5,002 shares, compared to its average volume of 24,392. The company has a market cap of $2.78 billion, a price-to-earnings ratio of 21.58 and a beta of 0.94. Gibson Energy has a twelve month low of $13.13 and a twelve month high of $17.75. The business's fifty day moving average is $16.19 and its two-hundred day moving average is $16.46. The company has a debt-to-equity ratio of 2.86, a current ratio of 1.18 and a quick ratio of 0.89.
Gibson Energy (OTCMKTS:GBNXF - Get Free Report) last announced its quarterly earnings data on Monday, July 29th. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.26 by $0.02. Gibson Energy had a net margin of 1.41% and a return on equity of 20.52%. The company had revenue of $2.36 billion during the quarter. As a group, research analysts expect that Gibson Energy will post 1 EPS for the current year.
About Gibson Energy
(
Get Free Report)
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.
See Also
Before you consider Gibson Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gibson Energy wasn't on the list.
While Gibson Energy currently has a "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
