Gulfport Energy Co. (NASDAQ:GPOR) was down 5.8% during trading on Monday . The stock traded as low as $11.05 and last traded at $11.08. Approximately 4,665,100 shares changed hands during trading, an increase of 12% from the average daily volume of 4,180,185 shares. The stock had previously closed at $11.76.

Several equities research analysts have commented on GPOR shares. BidaskClub upgraded Gulfport Energy from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, July 3rd. TheStreet upgraded Gulfport Energy from a “d+” rating to a “c” rating in a research note on Thursday, August 2nd. JPMorgan Chase & Co. set a $13.00 target price on Gulfport Energy and gave the company a “buy” rating in a research note on Thursday, May 31st. Williams Capital reissued a “buy” rating and issued a $16.00 price target on shares of Gulfport Energy in a report on Monday, July 16th. Finally, Seaport Global Securities reissued a “neutral” rating on shares of Gulfport Energy in a report on Friday, September 7th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and thirteen have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $15.19.

The company has a debt-to-equity ratio of 0.67, a current ratio of 0.53 and a quick ratio of 0.53. The firm has a market capitalization of $2.04 billion, a P/E ratio of 7.86, a P/E/G ratio of 0.38 and a beta of 0.35.

Gulfport Energy (NASDAQ:GPOR) last released its earnings results on Wednesday, August 1st. The oil and gas producer reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.05. Gulfport Energy had a return on equity of 9.69% and a net margin of 30.30%. The company had revenue of $252.74 million for the quarter, compared to the consensus estimate of $329.40 million. During the same quarter last year, the business posted $0.33 EPS. Gulfport Energy’s quarterly revenue was down 22.0% compared to the same quarter last year. sell-side analysts predict that Gulfport Energy Co. will post 1.54 earnings per share for the current year.

A number of large investors have recently added to or reduced their stakes in GPOR. Acadian Asset Management LLC acquired a new position in shares of Gulfport Energy during the 2nd quarter valued at $101,000. Element Capital Management LLC acquired a new position in shares of Gulfport Energy during the 1st quarter valued at $140,000. Sigma Planning Corp acquired a new position in shares of Gulfport Energy during the 2nd quarter valued at $154,000. Campbell & CO Investment Adviser LLC acquired a new position in shares of Gulfport Energy during the 2nd quarter valued at $170,000. Finally, KBC Group NV acquired a new position in shares of Gulfport Energy during the 1st quarter valued at $205,000. 97.37% of the stock is currently owned by institutional investors.

Gulfport Energy Company Profile (NASDAQ:GPOR)

Gulfport Energy Corporation engages in the acquisition, exploration, exploitation, and production of natural gas, crude oil, and natural gas liquids (NGLs) in the United States. Its principal properties are located in the Utica Shale primarily in Eastern Ohio; and the SCOOP Woodford and SCOOP Springer plays in Oklahoma.

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