Free Trial

StealthGas (NASDAQ:GASS) Raised to Buy at Wall Street Zen

StealthGas logo with Transportation background

Key Points

  • StealthGas has been upgraded from a "hold" rating to a "buy" rating by Wall Street Zen, indicating a positive outlook for the company's stock.
  • In its latest quarterly earnings report, StealthGas reported earnings per share of $0.44, exceeding analysts' estimates by $0.11, with revenue of $42.03 million.
  • Institutional investors hold 66.32% of StealthGas shares, with significant recent investments from firms such as Jane Street Group and Jump Financial LLC.
  • MarketBeat previews top five stocks to own in October.

Wall Street Zen upgraded shares of StealthGas (NASDAQ:GASS - Free Report) from a hold rating to a buy rating in a report issued on Saturday morning.

StealthGas Stock Performance

NASDAQ:GASS traded up $0.02 during mid-day trading on Friday, reaching $7.48. The stock had a trading volume of 78,577 shares, compared to its average volume of 174,518. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.73 and a current ratio of 3.87. The firm has a market capitalization of $277.96 million, a price-to-earnings ratio of 4.53 and a beta of 0.32. StealthGas has a twelve month low of $4.82 and a twelve month high of $8.18. The business has a 50 day simple moving average of $6.88 and a 200 day simple moving average of $6.10.

Institutional Trading of StealthGas

A number of institutional investors have recently modified their holdings of GASS. Sowell Financial Services LLC raised its position in StealthGas by 14.4% in the second quarter. Sowell Financial Services LLC now owns 19,900 shares of the shipping company's stock worth $128,000 after acquiring an additional 2,500 shares in the last quarter. XTX Topco Ltd boosted its position in shares of StealthGas by 18.3% during the 1st quarter. XTX Topco Ltd now owns 18,328 shares of the shipping company's stock worth $104,000 after purchasing an additional 2,837 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH grew its stake in shares of StealthGas by 9.4% during the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 64,557 shares of the shipping company's stock worth $414,000 after purchasing an additional 5,563 shares during the period. Towerview LLC increased its holdings in shares of StealthGas by 0.3% in the 1st quarter. Towerview LLC now owns 2,770,000 shares of the shipping company's stock valued at $15,650,000 after purchasing an additional 7,500 shares in the last quarter. Finally, Mraz Amerine & Associates Inc. increased its holdings in shares of StealthGas by 49.7% in the 2nd quarter. Mraz Amerine & Associates Inc. now owns 26,500 shares of the shipping company's stock valued at $170,000 after purchasing an additional 8,800 shares in the last quarter. 66.32% of the stock is currently owned by hedge funds and other institutional investors.

StealthGas Company Profile

(Get Free Report)

StealthGas Inc, together with its subsidiaries, provides seaborne transportation services to liquefied petroleum gas (LPG) producers and users worldwide. The company's carriers carry various petroleum gas products in liquefied form, including propane, butane, butadiene, isopropane, propylene, and vinyl chloride monomer, as well as ammonia; refined petroleum products, such as gasoline, diesel, fuel oil, and jet fuel; and edible oils and chemicals.

See Also

Should You Invest $1,000 in StealthGas Right Now?

Before you consider StealthGas, 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 StealthGas wasn't on the list.

While StealthGas currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Ride The A.I. Megaboom Cover


We are about to experience the greatest A.I. boom in stock market history...

Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.

That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.

  1. The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
  2. The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
  3. Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.

Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.

And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...

Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.

Get This Free Report
Like this article? Share it with a colleague.