With 0.67 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.62 million shares. The 52-week range on GEL shows that it touched its highest point at $16.44 and its lowest point at $9.86 during that stretch. It currently has a 1-year price target of $16.00. With its current market cap of 1.76 billion, GEL has annualized dividend of $0.65 while the current yield stands at 4.49%. Beta for the stock currently stands at 1.00.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GEL was up-trending over the past week, with a rise of 4.51%, but this was up by 12.45% over a month. Three-month performance surged to 31.14% while six-month performance rose 29.95%. The stock gained 12.45% in the past year, while it has gained 42.04% so far this year. A look at the trailing 12-month EPS for GEL yields -1.24 with Next year EPS estimates of 0.76. For the next quarter, that number is -0.23. This implies an EPS growth rate of 95.16% for this year and 1366.67% for next year.
Float and Shares Shorts:
At present, 122.42 million GEL shares are outstanding with a float of 89.21 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GEL since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.3303 being high and -$0.5297 being low. For GEL, this leads to a yearly average estimate of -$0.43.
