Zacks Provided 2.5 Rating to Gastar Exploration Inc. (NYSEMKT:GST)

MA ended last trade at $1.44 a share and the price is up more than -7.10% so far this year. Given that its average daily volume over the 30 days has been 2.07 million shares a day, this signifies a pretty significant change over the norm.

11/07/2016 - Gastar Exploration Inc. had its " rating reiterated by analysts at FBR Capital Markets. The firm's revenue was down 19.5% on a year-over-year basis. Its share price has decline -8.03% in three months and is up 1.50% for the last five trades.

Company has reported several Insider transactions to the SEC, on April 1, 2015, Michael A Gerlich (Senior VP & CFO) sold 60,000 shares at 2.65 per share price.On Mar 31, 2015, J Russell Porter (Chief Executive Officer & Pres) sold 50,000 shares at 2.64 per share price.On Mar 23, 2015, John Michael Sr Selser (director) sold 20,000 shares at 2.63 per share price. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the company.

Gastar Exploration Inc (NYSEMKT:GST) issued its earnings results on Thursday.

According to Zacks brokerage recommendations, Gastar Exploration Inc. (NYSE:ELF), at its latest closing price of $28.42, it has a price-to-book ratio of 8.62, compared to an industry average at 3.25. The biggest holder now is Mr. J. Russell Porter who owns 2,276,857 shares (1.45% of those outstanding), whilst Mr. Michael A. Gerlich holds 1,134,733 (0.72% of shares outstanding) and Mr. Michael McCown holds 522,673 (0.33% of shares outstanding).

A number of analysts recently commented on GST shares. The company now has an average rating of "Buy" and an average price target of $1.79. The March 2017 dividend payment will be an annualized 8.625% per share, which is equivalent to $0.1796875 per share, based on the $25.00 per share liquidation preference of the Series A Preferred Stock.

Analysts give IONS a mean recommendation of 2.70. The company reported $-0.08 EPS for the quarter. Gastar Exploration has a 52 week low of $0.80 and a 52 week high of $2.21. For the current quarter the company has highest EPS estimates of $-0.03 and low forecast is $-0.08.

Analysts are also projecting an Average Revenue Estimate for Gastar Exploration $18.78 Million in the Current Quarter. Finally, Williams Capital lowered Gastar Exploration from a "buy" rating to a "hold" rating and set a $2.00 price target for the a research report on Friday, February 17th. In terms of volatility, it has a beta coefficient of 3.6 and technical analysis volatility indicator called Average True Range or ATR around 0.13.

Latest News