Gulfport Energy (GPOR) Receives a Hold from Evercore ISI

Evercore ISI analyst Chris Baker maintained a Hold rating on Gulfport Energy today and set a price target of $240.00.

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According to TipRanks, Baker is a 5-star analyst with an average return of 64.4% and a 96.00% success rate. Baker covers the Energy sector, focusing on stocks such as BKV Corporation, Ovintiv, and APA.

In addition to Evercore ISI, Gulfport Energy also received a Hold from Mizuho Securities’s Nitin Kumar CFA in a report issued yesterday. However, on the same day, Siebert Williams Shank & Co reiterated a Buy rating on Gulfport Energy (NYSE: GPOR).

Based on Gulfport Energy’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $355.49 million and a net profit of $132.42 million. In comparison, last year the company earned a revenue of $284.83 million and had a GAAP net loss of $273.24 million

Based on the recent corporate insider activity of 64 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GPOR in relation to earlier this year. Last month, Jason Joseph Martinez, a Director at GPOR sold 400.00 shares for a total of $85,360.00.