Geopark (NYSE:GPRK) Stock Rating Lowered by Wall Street Zen

Key Points

• Wall Street Zen downgraded Geopark from “strong-buy” to “buy,” while Weiss Ratings maintained a “hold (c)” rating. Analysts’ consensus remains “Moderate Buy,” with an average price target of $11.50.
• Geopark shares opened at $9.42, down 0.9%, with a market capitalization of approximately $487 million. The stock trades at a P/E ratio of 6.41 and has a 52-week range of $5.75 to $11.87.
• The company reported quarterly EPS of $0.22, exceeding estimates of $0.12, but revenue of $143.3 million fell short of the $185.5 million consensus forecast. Institutional investors own 68.21% of Geopark’s shares.

Geopark (NYSE:GPRK - Get Free Report) was downgraded by Wall Street Zen from a "strong-buy" rating to a "buy" rating in a research report issued to clients and investors on Saturday.

Separately, Weiss Ratings reiterated a "hold (c)" rating on shares of Geopark in a report on Friday, July 17th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, Geopark has a consensus rating of "Moderate Buy" and an average target price of $11.50.

Geopark Trading Down 0.9%

Shares of GPRK opened at $9.42 on Friday. The stock has a market capitalization of $487.11 million, a P/E ratio of 6.41 and a beta of 0.39. Geopark has a twelve month low of $5.75 and a twelve month high of $11.87. The company has a quick ratio of 0.96, a current ratio of 1.17 and a debt-to-equity ratio of 1.21. The firm has a fifty day simple moving average of $9.96 and a two-hundred day simple moving average of $9.32.

Geopark (NYSE:GPRK - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The oil and gas company reported $0.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.12 by $0.10. The firm had revenue of $143.30 million for the quarter, compared to analysts' expectations of $185.50 million. Geopark had a net margin of 16.00% and a return on equity of 31.33%.

Hedge Funds Weigh In On Geopark

A number of institutional investors have recently bought and sold shares of the stock. Ramsey Quantitative Systems purchased a new stake in Geopark in the second quarter worth about $143,000. Flax Pond Capital LLC purchased a new position in shares of Geopark during the 1st quarter worth approximately $3,352,000. Bank of America Corp DE grew its holdings in shares of Geopark by 13.8% during the 1st quarter. Bank of America Corp DE now owns 31,504 shares of the oil and gas company's stock worth $299,000 after acquiring an additional 3,823 shares during the period. Lazard Asset Management LLC raised its position in shares of Geopark by 4.6% in the 1st quarter. Lazard Asset Management LLC now owns 53,885 shares of the oil and gas company's stock worth $512,000 after acquiring an additional 2,383 shares in the last quarter. Finally, Entropy Technologies LP raised its position in shares of Geopark by 82.0% in the 1st quarter. Entropy Technologies LP now owns 23,342 shares of the oil and gas company's stock worth $222,000 after acquiring an additional 10,517 shares in the last quarter. 68.21% of the stock is owned by institutional investors.

About Geopark

Geopark Ltd. NYSE: GPRK is an independent oil and gas exploration and production company focused on Latin America. Founded in 2002 and with corporate offices in Canada and regional headquarters in Bogotá, Colombia, Geopark pursues the discovery and development of unconventional and conventional hydrocarbon resources. The company's strategy emphasizes asset consolidation in established basins alongside disciplined capital allocation to maximize production efficiency.

The company's core operations are centered in Colombia's Llanos Basin, where it holds interests in several producing blocks that deliver light crude oil to local and export markets.

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