You should consider shares of Carnival Corporation & Plc (NYSE:CCL) and Gulfport Energy Corporation (NASDAQ:GPOR) if you are looking for a great stocks to invest in. Starting with the CCL shares, which traded at $43.54 at the close of the recent session, dropping -2.14%. On Tuesday, the company’s shares shed -$0.95 from its value which represented in intraday trading. The stock is now -27.78% lower in year-to-date (YTD) trading. CCL’s intraday high was $43.85 while its lowest price touched $43.27. The stock’s 52-week high price is $61.31, which means the current price is at -28.98%. In terms of trading activity, the daily trading volume fell to 3091410 against 200-day average trading volume of 4,096,315 shares.
What are analyst forecasts for Carnival Corporation & Plc (NYSE:CCL)?
At a consensus rating of 3.38, CCL is trending as a streaking Hold, as it has been the case a month ago when 16 analysts called it a Moderate Buy. Two months ago, 15 analysts recommended, on average, that CCL stock is a Hold. The Services company’s shares’ overall bearish trend saw it close higher on Tuesday compared to its opening price of $43.85 on the day.
Forecasts for Carnival Corporation & Plc (NYSE:CCL) give the stock a fair value for the growth of 7.24% from its last price. The 12-month price forecast for the stock by analysts puts the stock’s mean price target at $46.94, which means the price per share could rise by nearly $3.4. The price range target is between a low of $38.00 and a high of $59.00. The stock would need to gain by about $26.2 to hit the estimated high or 0.92% from its 12-month low.
The consensus among 22 analysts is that it is a good time for one to Hold in the Carnival Corporation & Plc. 6 analysts rate CCL as a Buy, with 1 of 22 analysts rate it as a Sell. 1 have valued the stock as Overweight and 13 have recommended that investors Hold.
Carnival Corporation & Plc (NYSE:CCL) Upgrades and Downgrades
In terms of rating changes, SunTrust on November 21, 2019, Downgrade Carnival Corporation & Plc (CCL) at Hold. Analysts at HSBC Securities have assigned a Hold rating for the stock in their research note on October 07, 2019. Moreover, UBS analysts issued a rating of Neutral for the stock on September 27, 2019, giving it a price target of $47 for the next 12 months. On September 27, 2019, the stock earned a Sell rating due to an analyst call from Berenberg, while analysts from Berenberg on July 01, 2019 suggested that the stock is Hold.
Gulfport Energy Corporation (NASDAQ:GPOR) adds $0.02 on Tuesday
The GPOR stock has tanked -62.60% year-to-date and is currently trading at $2.45, which is -75.72% below its 52-week high. The company shares gained 0.82% on the day and have risen nearly 7.46% off a low hit. At current levels, Gulfport Energy Corporation has a valuation of about $1.48B. As of 12/03/19, this stock has fallen -5.77% during the week and closed at $2.43 in the previous session. However, recent Gulfport Energy Corporation stock performance shows that GPOR shares are -19.14% down over the last month, and -5.41% down for the last three months.
Earnings per share (EPS) estimates for the current quarter are $0.5, with the trailing 12-month share earnings at $2.33. The ratio is expected to be down by -44.80% for the current year 2019 and -54.50% for next year. Over the next 5-year period, earnings per share will be -70.21%. But will the GPOR stock surprise in the current quarter results, where the $0.24 actual EPS reported on 9/29/2019 surprised by 9.10% or was higher by $0.02 from the estimated $0.22.
Sales Growth to decline -16.30% for the year
How well will Gulfport Energy Corporation perform as a business over the current quarter, year and next 5-year period? Compared to the year-ago quarter, analysts forecast the company to bring in between $286.71M and $346.7M in current quarter sales. The consensus estimated for the current quarter is $318.19M from sales. Forecasts for this fiscal year are between $1.36B and $1.41B and the consensus estimate for sales is at $1.38B. GPOR has its next quarter sales estimates at between $272.23M and $348M, with the quarter-over-quarter growth estimates at -4.80% and the annual growth forecast for the year at -16.30%.
Who owns shares in Gulfport Energy Corporation (GPOR)?
Let’s briefly focus on the share ownership of the Gulfport Energy Corporation (NASDAQ:GPOR) stock, where we find that 104.36% of shares are held by institutions. Blackrock Inc. tops the list of institutional owners as it is holding 23.05 million shares or 14.14% of shares outstanding. Firefly Value Partners, LP and Dimensional Fund Advisors LP held 15.76 million and 13.57 million representing 9.67% and 8.32% respectively at the close of the last trading session. As of Sep 29, 2019, Vanguard Group, Inc. (The) accounted for 13.53 million shares at over 36.66 million. This represented 8.30% of shares outstanding. State Street Corporation held 10.48 million shares at over 28.41 million representing 6.43% of shares outstanding.
GPOR Insider Activity
On 2/27/2019, Chief Operating Officer by the name Moore Donnie sold 15166.0 shares worth $117700.0 at the price of $7.76 per share. Filings also show that Wood David M bought a total of 40000.0 shares on 8/30/2019 valued at $97600.0. Since the last insider activity, the company’s share price has climbed 1.25%.