Gulf Island Fabrication (GIFI) Receiving Somewhat Favorable Media Coverage, Analysis Shows

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News articles about Gulf Island Fabrication (NASDAQ:GIFI) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Gulf Island Fabrication earned a media sentiment score of 0.01 on Accern’s scale. Accern also assigned headlines about the oil and gas company an impact score of 46.2987578281012 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

GIFI opened at $8.15 on Friday. Gulf Island Fabrication has a 1-year low of $6.90 and a 1-year high of $13.95.

Gulf Island Fabrication (NASDAQ:GIFI) last posted its earnings results on Monday, February 26th. The oil and gas company reported ($1.13) EPS for the quarter. The business had revenue of $37.28 million for the quarter. Gulf Island Fabrication had a negative return on equity of 15.44% and a negative net margin of 26.17%.

Several equities research analysts have weighed in on GIFI shares. ValuEngine downgraded shares of Gulf Island Fabrication from a “hold” rating to a “sell” rating in a research note on Friday, February 23rd. TheStreet downgraded shares of Gulf Island Fabrication from a “c-” rating to a “d+” rating in a research note on Friday, March 16th.

In other Gulf Island Fabrication news, CEO Kirk J. Meche bought 3,600 shares of the firm’s stock in a transaction dated Thursday, March 1st. The stock was bought at an average cost of $8.29 per share, with a total value of $29,844.00. Following the completion of the transaction, the chief executive officer now directly owns 330,103 shares in the company, valued at approximately $2,736,553.87. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Todd F. Ladd bought 5,000 shares of the firm’s stock in a transaction dated Thursday, March 29th. The shares were acquired at an average cost of $7.20 per share, with a total value of $36,000.00. Following the completion of the transaction, the chief operating officer now owns 161,003 shares of the company’s stock, valued at $1,159,221.60. The disclosure for this purchase can be found here. Over the last three months, insiders have bought 9,600 shares of company stock valued at $74,234. 3.40% of the stock is currently owned by insiders.

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Gulf Island Fabrication Company Profile

Gulf Island Fabrication, Inc, through its subsidiaries, operates as a fabricator of offshore drilling and production platforms, and other steel structures in the United States. The company fabricates jackets and deck sections of fixed production platforms; hull, tendon, and/or deck sections of floating production platforms, such as tension leg platforms, single point anchor reservoirs, floating production storage and offloading vessels, and minimum deepwater operating concepts; pressure vessels; and piles, wellhead protectors, and subsea templates, as well as various production, compressor, and utility modules.

Insider Buying and Selling by Quarter for Gulf Island Fabrication (NASDAQ:GIFI)

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