Analysts Offer Predictions for Gibson Energy FY2027 Earnings

Gibson Energy Inc. (TSE:GEI) – Scotiabank raised their FY2027 earnings per share estimates for Gibson Energy in a note issued to investors on Thursday, February 19th. Scotiabank analyst R. Hope now anticipates that the company will post earnings per share of $1.66 for the year, up from their prior estimate of $1.61.

A number of other equities research analysts have also recently commented on the stock. Royal Bank Of Canada increased their price target on shares of Gibson Energy from C$26.00 to C$28.00 in a report on Wednesday, December 3rd. Canadian Imperial Bank of Commerce increased their target price on Gibson Energy from C$26.00 to C$30.00 in a research note on Wednesday, December 3rd. National Bank Financial set a C$29.00 price target on Gibson Energy and gave the stock an “outperform” rating in a research note on Wednesday, December 17th. BMO Capital Markets upped their price target on Gibson Energy from C$25.00 to C$27.00 in a report on Wednesday, December 3rd. Finally, TD Securities lifted their price objective on Gibson Energy from C$26.00 to C$29.00 and gave the stock a “hold” rating in a report on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Gibson Energy presently has an average rating of “Moderate Buy” and a consensus target price of C$27.50.

Gibson Energy Stock Performance

Shares of GEI opened at C$29.40 on Monday. The company has a quick ratio of 0.87, a current ratio of 0.70 and a debt-to-equity ratio of 278.33. The stock has a market cap of C$4.82 billion, a P/E ratio of 31.96, a P/E/G ratio of 1.85 and a beta of 0.29. The business’s 50 day moving average price is C$26.42 and its 200-day moving average price is C$25.65. Gibson Energy has a 52 week low of C$19.63 and a 52 week high of C$29.47.

Insider Buying and Selling at Gibson Energy

In other news, Director Craig Richardson bought 1,000 shares of Gibson Energy stock in a transaction that occurred on Monday, December 15th. The stock was bought at an average cost of C$26.07 per share, with a total value of C$26,070.00. Following the acquisition, the director owned 2,000 shares of the company’s stock, valued at C$52,140. The trade was a 100.00% increase in their position. 0.85% of the stock is currently owned by insiders.

About Gibson Energy

Gibson Energy Inc is an oil infrastructure company that collects, stores, and processes crude oil and refined products. Reportable segments include marketing, which deals with buying, selling, and optimizing products such as crude oil, natural gas liquid, road asphalt, and oil-based mud product; and infrastructure, which makes up a system of oil terminals, rail loading facilities, pipelines, and an oil processing facility. Gibson Energy Inc services Canada and the United States, and the majority of revenue comes from the marketing segment.