Gibson Energy Inc. (OTCMKTS:GBNXF) Receives Average Recommendation of "Moderate Buy" from Brokerages

Gibson Energy Inc. (OTCMKTS:GBNXF - Get Free Report) has earned a consensus rating of "Moderate Buy" from the seven brokerages that are covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company.

A number of research analysts have weighed in on the stock. TD Securities cut shares of Gibson Energy from a "strong-buy" rating to a "hold" rating in a report on Tuesday, June 17th. National Bankshares reaffirmed a "sector perform" rating on shares of Gibson Energy in a report on Wednesday, July 30th. Scotiabank reissued an "outperform" rating on shares of Gibson Energy in a research note on Wednesday, July 30th. Finally, Raymond James Financial reissued a "strong-buy" rating on shares of Gibson Energy in a research note on Tuesday, June 17th.

Gibson Energy Stock Up 10.0%

GBNXF opened at $19.11 on Tuesday. Gibson Energy has a fifty-two week low of $13.94 and a fifty-two week high of $19.61. The company has a debt-to-equity ratio of 2.78, a quick ratio of 0.58 and a current ratio of 0.71. The company has a fifty day moving average of $18.75 and a two-hundred day moving average of $17.40. The stock has a market capitalization of $3.13 billion, a price-to-earnings ratio of 27.30 and a beta of 0.81.

Gibson Energy (OTCMKTS:GBNXF - Get Free Report) last released its quarterly earnings data on Monday, July 28th. The company reported $0.27 earnings per share for the quarter, beating analysts' consensus estimates of $0.20 by $0.07. Gibson Energy had a net margin of 1.48% and a return on equity of 17.12%. The company had revenue of $1.28 billion during the quarter, compared to analysts' expectations of $1.28 billion. On average, research analysts expect that Gibson Energy will post 1.09 earnings per share for the current year.

About Gibson Energy

Gibson Energy Inc, together with its subsidiaries, engages in the gathering, storage, optimization, processing, and marketing of liquids and refined products in Canada and the United States. It operates through Infrastructure and Marketing segments. The Infrastructure segment operates a network of liquid infrastructure assets that include oil terminals, rail loading and unloading facilities, gathering pipelines, a crude oil processing facility, and other terminals.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.