With 0.56 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.39 million shares. During the session, the Oil & Gas Midstream company that operates in wider Energy sector, reached to the highest price of $11.745 whereas the lowest price it dropped to was $11.42. The 52-week range on GEL shows that it touched its highest point at $15.17 and its lowest point at $10.01 during that stretch. It currently has a 1-year price target of $14.67. With its current market cap of 1.43 billion, GEL has annualized dividend of $0.61 while the current yield stands at 5.28%. Beta for the stock currently stands at 2.11.
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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 down-trending over the past week, with a drop of -9.70%, but this was down by -11.75% over a month. Three-month performance dropped to -13.46% while six-month performance fell -12.15%. The stock lost -0.26% in the past year, while it has gained 0.52% so far this year. A look at the trailing 12-month EPS for GEL yields -0.73 with Next year EPS estimates of 0.75. For the next quarter, that number is -0.05. This implies an EPS growth rate of -158.41% for this year and 681.17% for next year.
Float and Shares Shorts:
At present, 122.42 million GEL shares are outstanding with a float of 93.69 million shares on hand for trading. On 2024-10-15, short shares totaled 3.38 million, which was 276.0 higher than short shares on 1726185600. In addition to Mr. Grant E. Sims as the firm’s Chairman & CEO of Genesis Energy LLC, Mr. Ryan S. Sims serves as its President & Chief Commercial Officer – Genesis Energy LLC.
Institutional Ownership:
Through their ownership of 0.69872004 of GEL’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, GEL reported revenue of $714297000.0 and operating income of $50217000.0. The EBITDA in the recently reported quarter was $140740000.0 and diluted EPS was -$0.32.
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. With GEL analysts setting a high price target of 15.0 and a low target of 14.0, the average target price over the next 12 months is 14.67. Based on these targets, GEL could surge 28.87% to reach the target high and rise by 20.27% to reach the target low. Reaching the average price target will result in a growth of 26.03% from current levels.
Analysts have provided yearly estimates in a range of -$0.1285 being high and -$0.1285 being low. For GEL, this leads to a yearly average estimate of -$0.1285. The surprise factor in the prior quarter was -$0.03. Based on analyst estimates, the high estimate for the next quarter is -$0.01 and the low estimate is -$0.01. The average estimate for the next quarter is thus -$0.01.
