Wolfe Research downgrades Gulfport Energy (GPOR) to a Hold

Gulfport Energy received a Hold rating and price target from Wolfe Research analyst Carlos Escalante yesterday.

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According to TipRanks, Escalante is ranked #7775 out of 10141 analysts.

Gulfport Energy has an analyst consensus of Moderate Buy, with a price target consensus of $233.33.

Based on Gulfport Energy’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $307.64 million and a net profit of $111.39 million. In comparison, last year the company earned a revenue of $215.95 million and had a GAAP net loss of $13.97 million

Based on the recent corporate insider activity of 46 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, Timothy J. Cutt, a Director at GPOR sold 2,500.00 shares for a total of $536,850.00.