Gibson Energy Inc. (OTCMKTS:GBNXF) Stock Rated “Moderate Buy” by Sell-Side Brokerages

Gibson Energy Inc. (OTCMKTS:GBNXF) has received a consensus rating of “Moderate Buy” from the nine research firms that are presently covering the firm, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of analysts recently weighed in on the stock. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Gibson Energy in a report on Wednesday, July 29th. Jefferies Financial Group downgraded Gibson Energy from a “buy” rating to a “hold” rating in a report on Wednesday, July 22nd. Zacks Research upgraded Gibson Energy from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 4th. TD Securities reissued a “buy” rating on shares of Gibson Energy in a research note on Thursday, July 16th. Finally, Raymond James Financial reissued an “outperform” rating on shares of Gibson Energy in a research note on Wednesday, September 16th.

Gibson Energy Stock Up 0.3%

Shares of OTCMKTS GBNXF opened at $21.96 on Tuesday. The firm’s 50-day simple moving average is $22.48 and its 200 day simple moving average is $21.55. The company has a market cap of $3.79 billion, a price-to-earnings ratio of 30.93 and a beta of 0.65. The company has a quick ratio of 0.89, a current ratio of 1.07 and a debt-to-equity ratio of 2.86. Gibson Energy has a 12-month low of $15.91 and a 12-month high of $23.29.

Gibson Energy (OTCMKTS:GBNXF) last posted its quarterly earnings data on Monday, July 27th. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.13. Gibson Energy had a net margin of 1.32% and a return on equity of 18.20%. The firm had revenue of $2.35 billion during the quarter, compared to analysts’ expectations of $2.35 billion. On average, research analysts expect that Gibson Energy will post 0.84 earnings per share for the current fiscal year.

Gibson Energy Company Profile

Gibson Energy Inc is a Canadian energy infrastructure company that owns, operates and develops assets used to transport, store and handle crude oil and other liquid hydrocarbons. Its operations support the movement of energy products from producing regions to refineries, export facilities and other markets.

The company’s activities include crude oil storage terminals, pipelines, gathering systems and related infrastructure, as well as marketing and logistics services. Gibson’s Canadian assets are concentrated in Western Canada, including major storage and transportation hubs such as Hardisty, Alberta.