Analysts Set Expectations for Gibson Energy FY2025 Earnings

Gibson Energy Inc. (TSE:GEI) – Stock analysts at Raymond James reduced their FY2025 EPS estimates for shares of Gibson Energy in a research note issued on Wednesday, February 19th. Raymond James analyst M. Barth now expects 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.

GEI has been the topic of several other research reports. ATB Capital reduced their price target 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. Wells Fargo & Company downgraded shares of Gibson Energy from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, December 18th. Scotiabank cut their target price on shares of Gibson Energy from C$27.00 to C$26.00 and set an “outperform” rating on the stock in a research report on Thursday. National Bankshares downgraded 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 report on Wednesday. Finally, CIBC cut their target price on shares of Gibson Energy from C$29.00 to C$27.00 and set an “outperform” 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 assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$25.86.

Gibson Energy Stock Down 2.6 %

Shares of TSE GEI opened at C$21.14 on Friday. The firm’s 50-day simple moving average is C$24.64 and its 200 day simple moving average is C$23.40. The company has a market cap of C$3.45 billion, a price-to-earnings ratio of 16.30, a price-to-earnings-growth ratio of 1.85 and a beta of 1.25. The company has a quick ratio of 0.87, a current ratio of 0.70 and a debt-to-equity ratio of 278.33. Gibson Energy has a 12-month low of C$20.64 and a 12-month high of C$26.10.

Insider Activity

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