Looking at top Wall Street opinions, Gran Tierra Energy Inc. (NYSE: GTE) has recently made its way into the research list of RBC Capital Mkts – signaling that their analyst’s rating adjustment is noteworthy. This stock was downgraded to a rating of Outperform in the eyes of RBC Capital Mkts, whereas its previous rating was Top Pick in the eyes of RBC Capital Mkts, as reported on Tuesday, May 21st, 2019. Another heavy-hitting research note was published by Credit Suisse on Friday February 10th, 2017, with this firm upgrading GTE to an updated rating of Outperform from its previous rating of Neutral. In the past six months and three months of trading, shares of Gran Tierra Energy Inc. (GTE) have moved by -35.59% and -33.49%, respectively.
Brokerage Updates Related to Gran Tierra Energy Inc. (GTE) Stock
Not a Single analyst have given underperform rating or sell rating, and 3 have given a rating of Buy or better. Based on the 8 stock market experts following this company, the average 12-month price target is $4.72. Moreover, individual price targets range between $2.07-$4.16. With its recent move to $3.01, we can see that these firms project this stock will loss by -57.06% in one year.
Updates from Gran Tierra Energy Inc. (GTE) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 1.20% rise since the beginning of the calendar year. A Director at Gran Tierra Energy Inc. (GTE) bought some of its shares in a transaction that was finalized on Jun 19. Similarly, Ellson Ryan bought 18,400 shares of the organization’s stock at $1.61 apiece and racked up $29,624 in earnings from the purchase. Now, Ellson Ryan holds 254,430 shares of the company following the exchange. A 10% Owner of the organization named GMT CAPITAL CORP, was engaged in a transaction that occurred on May 09 that managed to be worth $928,977 from the purchase of 428,100 common shares at a price of $2.17 per individual share.
Gran Tierra Energy Inc. (NYSE:GTE) Results in the Pipeline
The next scheduled release of financial results for Gran Tierra Energy Inc. will be for the Jun-19 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.07. In the same vein, they expect sales for the quarter to amount to $175.70 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $157.99 million in revenue alongside EPS at $0.10. On average, the analyst projection was calling for $136.64 million with $0.01 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $175.12 million, with earnings per share ending up at -$0.03.
Ballard Power Systems Inc. (NASDAQ:BLDP) experienced a gain of 2.63% from the closing price in the previous trading day. That boost the price to $4.68 per share, as observed on January 1st, 1970, at a time when the total trading volume reached 1,519,771 shares of stock – compared to the typical average of 1.04M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $4.12.
Pricing Indications for Ballard Power Systems Inc. (BLDP)
This organization has had a price-to-earnings ratio of in the last year. Meanwhile, it gained 4.06 from its observable 50-day simple moving average. Right at this moment, the per-share value is 36.42% higher than the mean per-share price over the last 200 days in the market.
Ballard Power Systems Inc. (NASDAQ:BLDP) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 0 have a Buy rating, 3 have an outperform rating, while 1 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 1 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.60, based on information from Thomson Reuters.
BLDP Stock Value Potential
In trading activity as of late, this stock’s value was 3.44 up from its 200 day moving average, while also 15.58% up when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $3.00-$5.00. The market value for the entire organization reached 1.10B. In the last trading session, the price ended the day at $4.56. The institutional holdings related to this organization account for 0.50%, and the Beta factor is now 1.78. This company’s RSI (Relative Strength Index) managed to hit 67.23.
Ballard Power Systems Inc. (NASDAQ:BLDP) Analyst Points of Focus
Ballard Power Systems Inc. (BLDP) has found itself inside of ROTH Capital’s research list, so their analyst rating adjustment is worth taking note of. This stock was downgraded to Sell, compared to its previous rating of Neutral by ROTH Capital, as garnered from a news report on Monday July 1st, 2019. An additional helpful research note was sent out by H.C. Wainwright’s on Friday September 15th, 2017. The brokerage decided to reiterated BLDP to Buy.