Analysts Set Expectations for Gibson Energy FY2025 Earnings

Gibson Energy Inc. (TSE:GEI) – Equities researchers at Raymond James reduced their FY2025 EPS estimates for Gibson Energy in a research report issued on Wednesday, February 19th. Raymond James analyst M. Barth now forecasts that the company will earn $1.39 per share for the year, down from their previous forecast of $1.52. Raymond James has a “Strong-Buy” rating and a $29.50 price target on the stock.

Several other analysts have also commented on the stock. National Bankshares lowered shares of Gibson Energy from an “outperform” rating to a “sector perform” rating and cut their target price for the company from C$29.00 to C$24.00 in a research note on Wednesday. National Bank Financial downgraded shares of Gibson Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. Royal Bank of Canada lowered their price objective on shares of Gibson Energy from C$28.00 to C$26.00 and set an “outperform” rating on the stock in a research report on Thursday. Scotiabank reduced their target price on Gibson Energy from C$27.00 to C$26.00 and set an “outperform” rating for the company in a report on Thursday. Finally, TD Securities dropped their price target on Gibson Energy from C$25.00 to C$24.00 and set a “hold” rating on the stock in a research report on Thursday. Five analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$25.86.

Gibson Energy Stock Down 2.6 %

GEI stock opened at C$21.14 on Friday. Gibson Energy has a 12 month low of C$20.64 and a 12 month high of C$26.10. The firm has a market cap of C$3.45 billion, a PE ratio of 16.30, a P/E/G ratio of 1.85 and a beta of 1.25. The firm has a 50 day simple moving average of C$24.64 and a 200 day simple moving average of C$23.40. The company has a debt-to-equity ratio of 278.33, a current ratio of 0.70 and a quick ratio of 0.87.

Insider Buying and Selling

In other Gibson Energy news, Senior Officer Kelly Holtby purchased 2,010 shares of the stock in a transaction on Monday, December 30th. The shares were purchased at an average price of C$24.85 per share, with a total value of C$49,948.50. Also, Director Curtis Philippon purchased 40,000 shares of the stock in a transaction on Monday, December 9th. The stock was acquired at an average cost of C$25.46 per share, for a total transaction of C$1,018,400.00. 0.85% of the stock is currently owned by insiders.

About Gibson Energy

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.