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Will Gastar Exploration Inc (NYSEMKT:GST) Beat Earnings Estimates?

21 March 2017

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Gastar Exploration Inc was Downgraded by Williams Capital Group on Feb 17, 2017 to Hold, Price Target of the shares are set at $2. On next day when data was publically announced, the stock's closing price was $1.28 with -41.01% decline in its share price. There was a stock decrease by -11.66 percent. Gastar Exploration has a consensus rating of "Buy" and an average price target of $1.79.

The stock's 50 day moving average is 1.80 and its 200 day moving average is 1.32.

Investors expected a price target of -0.01 for this quarter.

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Gastar Exploration Inc (NYSEMKT:GST) has been assigned a consensus recommendation of "Buy" from the fourteen research firms that are now covering the company. (NYSEMKT:GST) a rating of 2.5 on a scale of 1 to 5. (NYSEMKT:GST)'s Buy count is 0 and Strong Buy is 2 while the number of analysts recommending Sell and Strong Sell are 0 and 6, respectively.

Gardner Lewis Asset Management L P raised its position in Gastar Exploration by 157.3% in the fourth quarter. During the same period in the prior year, the company earned ($0.16) earnings per share. Given that its average daily volume over the 30 days has been 2.07 million shares a day, this signifies a pretty significant change over the norm. A month ago, they told us to expect earnings of US$-0.05 per share while three months ago their EPS consensus estimate was US$-0.06.

In terms of earnings per share, 10 analysts have a -0.04 EPS mean target for the quarter ending Mar-17, for the quarter ending Jun-17, 10 analysts have a -0.02 EPS mean target and for the quarter ending Jun-17 there are 10 estimates of -0.10 EPS. The stock price recently experienced a 5-day loss of -10.44% with 0.13 average true range (ATR). Hence, the surprise factor was -20 percent. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gastar Exploration Inc. with's FREE daily email newsletter. The 52-week high of the share price is $2.21 and the 52-week low is $0.8. The median estimate represents a +64.93% increase from the last price of 1.44. The company had revenue of $13.00 million for the quarter, compared to analysts expectations of $16.28 million. Its forecasts over growth are 21.10% during current year while analysts' growth estimation for the next year is 77.80%. The business's quarterly revenue was down 19.5% on a year-over-year basis.

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While Looking at Sales Growth (Year/est), the company is now showing a percentage value of 21.1 percent.

Shares of Gastar Exploration (NYSEMKT:GST) opened at 1.44 on Tuesday. The company reached a 52-week low at 0.8 on Sep 28, 2016. The stock has a market capitalization of $278.95M and it has 278.95M outstanding shares.

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