FY2027 EPS Estimates for Gibson Energy Raised by Scotiabank

Gibson Energy Inc. (TSE:GEI) – Equities researchers at Scotiabank upped their FY2027 earnings per share (EPS) estimates for shares of Gibson Energy in a research note issued to investors on Thursday, February 19th. Scotiabank analyst R. Hope now forecasts that the company will post earnings of $1.66 per share for the year, up from their previous forecast of $1.61.

Other analysts also recently issued research reports about the stock. National Bank Financial set a C$29.00 price target on shares of Gibson Energy and gave the stock an “outperform” rating in a report on Wednesday, December 17th. TD Securities increased their price objective on Gibson Energy from C$26.00 to C$29.00 and gave the stock a “hold” rating in a research report on Wednesday, February 18th. BMO Capital Markets raised their target price on Gibson Energy from C$25.00 to C$27.00 in a research note on Wednesday, December 3rd. Canadian Imperial Bank of Commerce upped their price target on Gibson Energy from C$26.00 to C$30.00 in a research note on Wednesday, December 3rd. Finally, Royal Bank Of Canada increased their price target on Gibson Energy from C$26.00 to C$28.00 in a report on Wednesday, December 3rd. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$27.50.

Gibson Energy Price Performance

Shares of GEI stock opened at C$29.40 on Monday. The company has a debt-to-equity ratio of 278.33, a current ratio of 0.70 and a quick ratio of 0.87. The company has a market capitalization of C$4.82 billion, a PE ratio of 31.96, a price-to-earnings-growth ratio of 1.85 and a beta of 0.29. The firm’s 50-day moving average is C$26.34 and its two-hundred day moving average is C$25.62. Gibson Energy has a 12 month low of C$19.63 and a 12 month high of C$29.45.

Insider Buying and Selling at Gibson Energy

In other Gibson Energy news, Director Craig Richardson bought 1,000 shares of the business’s stock in a transaction that occurred on Monday, December 15th. The shares were purchased at an average cost of C$26.07 per share, with a total value of C$26,070.00. Following the purchase, the director directly owned 2,000 shares in the company, valued at approximately C$52,140. This represents a 100.00% increase in their ownership of the stock. Company insiders own 0.85% of the company’s stock.

About Gibson Energy

Gibson Energy Inc is an oil infrastructure company that collects, stores, and processes crude oil and refined products. Reportable segments include marketing, which deals with buying, selling, and optimizing products such as crude oil, natural gas liquid, road asphalt, and oil-based mud product; and infrastructure, which makes up a system of oil terminals, rail loading facilities, pipelines, and an oil processing facility. Gibson Energy Inc services Canada and the United States, and the majority of revenue comes from the marketing segment.