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NASDAQ:GIFI

Gulf Island Fabrication (GIFI) Stock Price, News & Analysis

$5.47
+0.02 (+0.37%)
(As of 10/23/2024 ET)

About Gulf Island Fabrication Stock (NASDAQ:GIFI)

Key Stats

Today's Range
$5.39
$5.53
50-Day Range
$5.29
$5.90
52-Week Range
$3.81
$7.93
Volume
28,858 shs
Average Volume
59,240 shs
Market Capitalization
$89.07 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
Buy

Company Overview

Gulf Island Fabrication, Inc., together with its subsidiaries, operates as a fabricator of steel structures and modules in the United States. It operates through Services, Fabrication, and Shipyard divisions. The company provides maintenance, repair, construction, scaffolding, coatings, welding enclosures, and other specialty services on offshore platforms, inland structures, and industrial facilities; services required to connect production equipment and service modules, and equipment on offshore platforms; project management and commissioning services; hookup services; and civil construction and staffing services to the industrial and energy sectors, as well as undertakes municipal and drainage projects, including pump stations, levee reinforcement, bulkheads, and other public works. It also fabricates modules, skids, and piping systems for onshore refining, petrochemical, liquified natural gas (LNG), industrial, and offshore facilities; foundations, secondary steel components, and support structures for alternative energy developments and coastal mooring facilities; offshore production platforms and associated structures, including jacket foundations, piles, and topsides for fixed production and utility platforms, as well as hulls and topsides for floating production and utility platforms; and other complex steel structures and components. In addition, the company fabricates newbuild marine vessels and provides marine repair and maintenance services. The company serves international energy producers; refining, petrochemical, LNG, industrial, and power operators; and engineering, procurement, and construction companies. Gulf Island Fabrication, Inc. was incorporated in 1985 and is headquartered in The Woodlands, Texas.

Gulf Island Fabrication Stock Analysis - MarketRank™

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20th Percentile Overall Score

GIFI MarketRank™: 

Gulf Island Fabrication scored higher than 20% of companies evaluated by MarketBeat, and ranked 236th out of 254 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Gulf Island Fabrication is -4.84, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Gulf Island Fabrication is -4.84, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Gulf Island Fabrication has a P/B Ratio of 1.13. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Gulf Island Fabrication's valuation and earnings.
  • Percentage of Shares Shorted

    0.75% of the float of Gulf Island Fabrication has been sold short.
  • Short Interest Ratio / Days to Cover

    Gulf Island Fabrication has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Gulf Island Fabrication has recently increased by 6.29%, indicating that investor sentiment is decreasing significantly.
  • Percentage of Shares Shorted

    0.75% of the float of Gulf Island Fabrication has been sold short.
  • Short Interest Ratio / Days to Cover

    Gulf Island Fabrication has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Gulf Island Fabrication has recently increased by 6.29%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Gulf Island Fabrication has a news sentiment score of 0.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.42 average news sentiment score of Oils/Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Gulf Island Fabrication this week, compared to 1 article on an average week.
  • Search Interest

    1 people have searched for GIFI on MarketBeat in the last 30 days.
  • MarketBeat Follows

    1 people have added Gulf Island Fabrication to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Gulf Island Fabrication insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    20.10% of the stock of Gulf Island Fabrication is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    46.40% of the stock of Gulf Island Fabrication is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Gulf Island Fabrication's insider trading history.
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GIFI Stock News Headlines

Gulf Island Fabrication, Inc. (NASDAQ:GIFI) Short Interest Update
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Gulf Island Reports Second Quarter 2024 Results
See More Headlines

GIFI Stock Analysis - Frequently Asked Questions

Gulf Island Fabrication's stock was trading at $4.33 at the start of the year. Since then, GIFI stock has increased by 26.3% and is now trading at $5.47.
View the best growth stocks for 2024 here
.

Gulf Island Fabrication, Inc. (NASDAQ:GIFI) issued its quarterly earnings results on Tuesday, August, 6th. The oil and gas company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by $0.02. The oil and gas company earned $41.26 million during the quarter. Gulf Island Fabrication had a negative trailing twelve-month return on equity of 22.34% and a negative net margin of 13.47%.

Gulf Island Fabrication's top institutional shareholders include Glenorchy Capital Ltd (1.83%). Insiders that own company stock include Murray W Burns and William E Chiles.
View institutional ownership trends
.

Shares of GIFI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Gulf Island Fabrication investors own include NVIDIA (NVDA), Broadcom (AVGO), Jabil (JBL), Meta Platforms (META), Adobe (ADBE), Arista Networks (ANET) and e.l.f. Beauty (ELF).

Company Calendar

Last Earnings
8/06/2024
Today
10/23/2024
Next Earnings (Estimated)
11/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Fabricated structural metal products
Sub-Industry
Oil & Gas Equipment & Services
Current Symbol
NASDAQ:GIFI
CUSIP
40230710
Employees
960
Year Founded
1985

Profitability

Net Income
$-24,400,000.00
Pretax Margin
-13.49%

Debt

Sales & Book Value

Annual Sales
$133.72 million
Book Value
$4.85 per share

Miscellaneous

Free Float
13,196,000
Market Cap
$89.07 million
Optionable
Optionable
Beta
0.47

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This page (NASDAQ:GIFI) was last updated on 10/24/2024 by MarketBeat.com Staff
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