Raymond James Decreases Earnings Estimates for Gibson Energy

Gibson Energy Inc. (TSE:GEI) – Equities researchers at Raymond James reduced their FY2026 earnings per share estimates for shares of Gibson Energy in a research note issued on Wednesday, February 19th. Raymond James analyst M. Barth now forecasts that the company will post earnings of $1.83 per share for the year, down from their previous forecast of $1.91. Raymond James has a “Strong-Buy” rating and a $29.50 price objective on the stock. Raymond James also issued estimates for Gibson Energy’s FY2027 earnings at $1.93 EPS.

GEI has been the subject of a number of other research reports. National Bank Financial downgraded shares of Gibson Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 19th. TD Securities cut their price objective on Gibson Energy from C$25.00 to C$24.00 and set a “hold” rating for the company in a report on Thursday, February 20th. ATB Capital reduced their price objective on Gibson Energy from C$28.00 to C$26.00 and set an “outperform” rating for the company in a research report on Thursday, February 20th. Jefferies Financial Group dropped their target price on Gibson Energy from C$26.00 to C$23.00 and set a “hold” rating on the stock in a research report on Thursday, February 20th. Finally, CIBC cut their price target on Gibson Energy from C$29.00 to C$27.00 and set an “outperform” rating for the company in a research note on Thursday, February 20th. Five investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$25.86.

Gibson Energy Stock Performance

GEI stock opened at C$21.45 on Monday. The firm has a 50 day simple moving average of C$24.44 and a 200 day simple moving average of C$23.39. Gibson Energy has a 52 week low of C$20.83 and a 52 week high of C$26.10. The stock has a market cap of C$3.50 billion, a P/E ratio of 16.54, a P/E/G ratio of 1.85 and a beta of 1.25. The company has a debt-to-equity ratio of 278.33, a quick ratio of 0.87 and a current ratio of 0.70.

Insider Activity

In other news, Senior Officer Riley Hicks bought 8,900 shares of the business’s stock in a transaction on Friday, February 21st. The stock was purchased at an average price of C$21.10 per share, with a total value of C$187,790.00. Also, Director Curtis Philippon purchased 40,000 shares of the firm’s stock in a transaction on Monday, December 9th. The shares were purchased at an average price of C$25.46 per share, with a total value of C$1,018,400.00. In the last quarter, insiders have purchased 75,910 shares of company stock valued at $1,786,139. Insiders own 0.85% of the company’s stock.

Gibson Energy Company Profile

Gibson Energy Inc, together with its subsidiaries, engages in the gathering, storage, optimization, processing, and marketing of liquids and refined products in Canada and the United States. It operates through Infrastructure and Marketing segments. The Infrastructure segment operates a network of liquid infrastructure assets that include oil terminals, rail loading and unloading facilities, gathering pipelines, a crude oil processing facility, and other terminals.