Galp Energia SGPS (OTCMKTS:GLPEY - Get Free Report) was upgraded by investment analysts at Sanford C. Bernstein from a "hold" rating to a "strong-buy" rating in a report issued on Tuesday,Zacks.com reports.
Several other brokerages have also commented on GLPEY. UBS Group raised Galp Energia SGPS from a "hold" rating to a "strong-buy" rating in a report on Monday, June 2nd. Cfra Research raised shares of Galp Energia SGPS to a "moderate sell" rating in a report on Tuesday, April 15th. Four research analysts have rated the stock with a strong buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Strong Buy".
View Our Latest Analysis on Galp Energia SGPS
Galp Energia SGPS Stock Performance
Shares of OTCMKTS:GLPEY traded up $0.01 during midday trading on Tuesday, reaching $9.06. The company's stock had a trading volume of 26,481 shares, compared to its average volume of 217,254. The firm has a market capitalization of $12.60 billion, a PE ratio of 9.64 and a beta of 0.28. The stock has a fifty day moving average of $8.10 and a 200 day moving average of $8.22. The company has a quick ratio of 1.40, a current ratio of 1.64 and a debt-to-equity ratio of 0.54. Galp Energia SGPS has a twelve month low of $6.76 and a twelve month high of $11.05.
Galp Energia SGPS (OTCMKTS:GLPEY - Get Free Report) last issued its quarterly earnings data on Monday, April 28th. The energy company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.10. The business had revenue of $5.44 billion during the quarter, compared to analysts' expectations of $4.32 billion. Galp Energia SGPS had a return on equity of 24.38% and a net margin of 6.17%. On average, equities analysts expect that Galp Energia SGPS will post 0.75 EPS for the current fiscal year.
About Galp Energia SGPS
(
Get Free Report)
Galp Energia, SGPS, SA operates as an integrated energy operator in Portugal and internationally. The company operates through four segments: Upstream, Industrial & Midstream, Commercial, and Renewables and New Business. The Upstream segment engages in the exploration, development, and production of hydrocarbons primarily in Brazil, Mozambique, Namibia, and Angola.
Featured Articles
Before you consider Galp Energia SGPS, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Galp Energia SGPS wasn't on the list.
While Galp Energia SGPS currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
