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Geopark (GPRK) Gains But Lags Market: What You Should Know

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Geopark (GPRK) closed the most recent trading day at $10.95, moving +0.27% from the previous trading session. This change lagged the S&P 500's 1.92% gain on the day. At the same time, the Dow added 2.15%, and the tech-heavy Nasdaq gained 0.16%.

Heading into today, shares of the oil and gas company had lost 25.71% over the past month, lagging the Oils-Energy sector's loss of 15.44% and the S&P 500's gain of 1.54% in that time.

Investors will be hoping for strength from Geopark as it approaches its next earnings release. On that day, Geopark is projected to report earnings of $1.51 per share, which would represent year-over-year growth of 2416.67%. Our most recent consensus estimate is calling for quarterly revenue of $278.41 million, up 68.12% from the year-ago period.

Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $5.36 per share and revenue of $1.07 billion. These totals would mark changes of +441.41% and +54.68%, respectively, from last year.

Investors might also notice recent changes to analyst estimates for Geopark. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 3.67% higher. Geopark currently has a Zacks Rank of #1 (Strong Buy).

Digging into valuation, Geopark currently has a Forward P/E ratio of 2.04. This valuation marks a discount compared to its industry's average Forward P/E of 3.92.

The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 16, which puts it in the top 7% of all 250+ industries.

The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.


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