Consensus Price Target Updates for International Business Machines Corporation (NYSE:IBM), Gulfport Energy Corporation (NASDAQ:GPOR)

In the most recent session, International Business Machines Corporation (NYSE:IBM) shares have traded +0.45%. Following the stock price relative to moving averages may offer enhanced perspective on stock performance. After a recent review, the stock has been noted $-5.98 away from the 50-day moving average of $159.18 and $-14.68 away from the 200-day moving average of $167.88. From a different angle, the stock has been recently recorded -16.19% off of the 52-week high of 182.79 and +7.51% removed from the 52-week low of 142.50. 

Currently, International Business Machines has a price to earnings ratio of 12.60. Analysts and investors may also opt to evaluate a company's PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. If a company has a PEG Ratio below one, it may be viewed as undervalued. If a company has a PEG Ratio above one, it may show that the company is overvalued. A PEG Ratio near one may be viewed as fair value. The stock currently has a PEG Ratio of 4.35.

Price Target Update

Analysts polled by Thomson Reuters have set a consensus target price of $165.20 on shares. Target prices may vary from one analyst to another due to the various ways they may proceed to calculate future price targets. This is a near-term estimation for the next 12-18 months.

Gulfport Energy Corporation (NASDAQ:GPOR) shares have a current ABR (average broker recommendation) of 1.51. This recommendation is offered by Zacks Research. The rating lands on a sliding numerical scale from 1 to 5. A recommendation of 5 would indicate a Strong Sell, and a 1 would signify a Strong Buy. The mean rating may help provide a general sense of analyst sentiment on company shares.

Sell-side analysts taken into consideration by Zacks have also provided price target estimates on shares of Gulfport Energy Corporation (NASDAQ:GPOR). The highest current target is $37. The lowest price target out of the polled analysts is presently $13. The consensus target price is currently noted at $28. Analysts may employ various techniques to help predict future stock price levels.

On the earnings front, Gulfport Energy Corporation (NASDAQ:GPOR) is expected to post quarterly earnings per share of $0.23. This is the current consensus figure provided by Zacks. Investors and analysts will be looking for the company to next post earnings on or around 2017-08-02. Gulfport Energy Corporation (NASDAQ:GPOR) most recently reported quarterly EPS of $0.32 for the quarter ending 2017-03-31. The gap between the actual and the projected estimate leading up to earnings created a surprise factor of 77.78%.

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