Recent significant negative changes in fundamentals have impacted GeoPark Ltd (NYSE: GPRK): the consensus estimate for December, 2023 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.
Recent meaningful negative changes in investment behavior have impacted GeoPark Ltd (NYSE: GPRK): its shorter term price trend turned down.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, GPRK is expected to continue to be a major Value Builder.
GeoPark has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. GeoPark has a very high Appreciation Score of 99 but a poor Power Rating of 23, producing the High Neutral Value Trend Rating.
Recent Price Action
On 2/27/24, GeoPark Ltd (NYSE: GPRK) stock rose modestly by 0.7%, closing at $8.46. However, unusually low trading volume at 55% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months and has declined -2.0% during the last week.
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