Geopark (NYSE:GPRK) Rating Lowered to Buy at Wall Street Zen

Geopark (NYSE:GPRK) was downgraded by research analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a note issued to investors on Saturday.

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Geopark in a research note on Friday, July 17th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $11.50.

Geopark Price Performance

Shares of NYSE:GPRK opened at $9.42 on Friday. The company’s fifty day moving average price is $9.96 and its 200-day moving average price is $9.33. The firm has a market capitalization of $487.11 million, a price-to-earnings ratio of 6.41 and a beta of 0.39. Geopark has a one year low of $5.75 and a one year high of $11.87. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.17 and a quick ratio of 1.15.

Geopark (NYSE:GPRK) last posted its quarterly earnings data on Tuesday, August 4th. The oil and gas company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.10. The company had revenue of $143.30 million during the quarter, compared to the consensus estimate of $185.50 million. Geopark had a net margin of 16.00% and a return on equity of 31.33%.

Institutional Investors Weigh In On Geopark

A number of institutional investors have recently made changes to their positions in the business. VR Advisory Services Ltd raised its position in Geopark by 370.9% in the 4th quarter. VR Advisory Services Ltd now owns 1,105,201 shares of the oil and gas company’s stock worth $8,190,000 after purchasing an additional 870,516 shares during the period. Vennlight Capital Management LP bought a new stake in Geopark in the fourth quarter worth $5,854,000. Renaissance Technologies LLC boosted its position in Geopark by 21.2% during the first quarter. Renaissance Technologies LLC now owns 3,309,031 shares of the oil and gas company’s stock valued at $31,436,000 after buying an additional 578,178 shares during the period. UBS Group AG boosted its position in Geopark by 81.5% during the third quarter. UBS Group AG now owns 981,131 shares of the oil and gas company’s stock valued at $6,250,000 after buying an additional 440,706 shares during the period. Finally, Aventail Capital Group LP purchased a new stake in Geopark during the fourth quarter valued at about $3,164,000. Hedge funds and other institutional investors own 68.21% of the company’s stock.

Geopark Company Profile

Geopark Ltd. (NYSE:GPRK) is an independent oil and gas exploration and production company focused on Latin America. Founded in 2002 and with corporate offices in Canada and regional headquarters in Bogotá, Colombia, Geopark pursues the discovery and development of unconventional and conventional hydrocarbon resources. The company’s strategy emphasizes asset consolidation in established basins alongside disciplined capital allocation to maximize production efficiency.

The company’s core operations are centered in Colombia’s Llanos Basin, where it holds interests in several producing blocks that deliver light crude oil to local and export markets.