GeoPark (NYSE:GPRK) Stock Rating Upgraded by StockNews.com

GeoPark (NYSE:GPRK) was upgraded by StockNews.com from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Friday.

Separately, JPMorgan Chase & Co. decreased their price target on GeoPark from $12.00 to $11.00 and set an “overweight” rating for the company in a research note on Tuesday, February 20th. Three analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $13.67.

GeoPark Stock Performance

Shares of NYSE GPRK opened at $9.79 on Friday. The business’s 50-day moving average price is $8.96 and its two-hundred day moving average price is $9.24. The company has a debt-to-equity ratio of 3.10, a current ratio of 1.09 and a quick ratio of 1.03. GeoPark has a one year low of $8.05 and a one year high of $12.06. The company has a market capitalization of $541.68 million, a P/E ratio of 5.02 and a beta of 1.30.

GeoPark (NYSE:GPRK) last released its quarterly earnings results on Wednesday, March 6th. The oil and gas company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by ($0.17). The company had revenue of $199.70 million for the quarter, compared to the consensus estimate of $212.54 million. GeoPark had a return on equity of 84.10% and a net margin of 14.69%. Analysts anticipate that GeoPark will post 3.13 earnings per share for the current fiscal year.

Institutional Trading of GeoPark

Several hedge funds have recently added to or reduced their stakes in the business. Price T Rowe Associates Inc. MD boosted its stake in GeoPark by 41.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 85,977 shares of the oil and gas company’s stock valued at $737,000 after purchasing an additional 25,180 shares during the period. GSA Capital Partners LLP boosted its stake in GeoPark by 205.6% during the 4th quarter. GSA Capital Partners LLP now owns 88,226 shares of the oil and gas company’s stock valued at $756,000 after purchasing an additional 59,355 shares during the period. Wolverine Trading LLC bought a new stake in GeoPark during the 4th quarter valued at approximately $97,000. Royal Bank of Canada boosted its stake in GeoPark by 28.9% during the 4th quarter. Royal Bank of Canada now owns 56,735 shares of the oil and gas company’s stock valued at $486,000 after purchasing an additional 12,717 shares during the period. Finally, Cubist Systematic Strategies LLC boosted its stake in GeoPark by 2.5% during the 4th quarter. Cubist Systematic Strategies LLC now owns 63,020 shares of the oil and gas company’s stock valued at $540,000 after purchasing an additional 1,525 shares during the period. Institutional investors own 68.21% of the company’s stock.

GeoPark Company Profile

GeoPark Limited engages in the exploration, development, and production of oil and gas reserves in Chile, Colombia, Brazil, Argentina, and Ecuador. GeoPark Limited has a strategic partnership with ONGC Videsh to jointly acquire, invest in, and create value from upstream oil and gas projects across Latin America.