Goodrich Petroleum Corporation (GDP) Forecast, Price Target & Analyst Ratings

NYSEARCA:GDP

Current stock price

23.02
+0.05 (+0.22%)
At close:
22.99
-0.03 (-0.13%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for Goodrich Petroleum Corporation (GDP).

Forecast Snapshot

Consensus Price Target

Price Target
$23.46
+ 1.91% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Mar 10, 2022
Period
Q4 / 2021
EPS Estimate
$1.59
Revenue Estimate
55.656M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
49.09%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$23.46
Upside
+ 1.91%
From current price of $23.02 to mean target of $23.46, Based on 11 analyst forecasts
Low
$21.21
Median
$23.46
High
$26.25

Price Target Revisions

1 Month
N/A
3 Months
N/A

Price Target Summary

11 Wall Street analysts provided a forecast for the next 12 months for GDP. The average price target is 23.46 null. This implies a price increase of 1.91% is expected in the next year compared to the current price of 23.02.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

GDP Current Analyst RatingGDP Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4 5

Analyst Ratings History

GDP Historical Analyst RatingsGDP Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
49.09%
GDP was analyzed by 11 analysts. The buy percentage consensus is at 49. So analysts seem to be rather neutral about GDP.
In the last month the buy percentage fell by 29 points. So the trust of analysts is decreasing.
GDP was analyzed by 11 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2021-11-30Roth CapitalDowngrade Buy -> Neutral
2021-11-23Capital OneDowngrade Overweight -> Equal-Weight
2021-09-08Wells FargoDowngrade Buy -> Hold
2021-09-08Truist SecuritiesDowngrade Buy -> Hold

Next Earnings Forecast Details

Next Earnings Details

Release Date
Mar 10, 2022
Period
Q4 / 2021
EPS Estimate
$1.59
Revenue Estimate
55.656M
Revenue Q2Q
92.58%
EPS Q2Q
510.01%
Number of Analysts
5

Next Earnings Revisions

Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
N/A
EPS (3 Months)
N/A

Next Earnings Summary

GDP is expected to report earnings on 3/10/2022. The consensus EPS estimate for the next earnings is 1.59 null and the consensus revenue estimate is 55.66M null.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2021 - 2025

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2018 2019 2020 2021 2022 2023 2024 2025
Revenue
YoY % growth
GDP revenue by date.GDP revenue by date.
87.996M
90.66%		118.35M
34.49%		93.826M
-20.72%		178.063M
89.78%		259.267M
45.60%		241.39M
-6.90%		285.257M
18.17%		340.467M
19.35%
EBITDA
YoY % growth
GDP ebitda by date.GDP ebitda by date.
44.229M
343.62%		61.822M
39.78%		41.009M
-33.67%		N/AN/AN/AN/AN/A
EBIT
YoY % growth
GDP ebit by date.GDP ebit by date.
17.42M
908.35%		11.1M
-36.28%		-5.594M
-150.40%		N/AN/AN/AN/AN/A
Operating Margin
GDP operating margin by date.GDP operating margin by date.
19.80%9.38%-5.96%N/AN/AN/AN/AN/A
EPS
YoY % growth
GDP eps by date.GDP eps by date.
0.03
103.19%		0.49
1,533.33%		-0.66
-234.69%		3.88
688.15%		7.21
85.80%		5.58
-22.68%		7.26
30.26%		9.56
31.56%

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q4 / 21 Q1 / 22 Q2 / 22 Q3 / 22 Q4 / 22 Q1 / 23 Q2 / 23 Q3 / 23 Q4 / 23
EPS
Q2Q % growth		1.59
510.01%		1.41
193.04%		1.74
172.59%		1.86
68.70%		2.20
39.02%		1.77
26.16%		0.92
-47.23%		0.93
-49.90%		1.41
-35.96%
Revenue
Q2Q % growth		55.656M
92.58%		59.423M
86.44%		63.546M
66.77%		67.165M
14.36%		69.737M
25.30%		N/AN/AN/AN/A
EBITDA
Q2Q % growth		N/AN/AN/AN/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth		N/AN/AN/AN/AN/AN/AN/AN/AN/A

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

GDP Yearly Revenue VS EstimatesGDP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M
GDP Yearly EPS VS EstimatesGDP Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2 4 6 8

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
118.62%
EPS Next 5 Year
75.14%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
36.01%
Revenue Next 5 Year
28.83%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

Goodrich Petroleum Corporation / GDP Forecast FAQ

Can you provide the average price target for Goodrich Petroleum Corporation stock?

11 analysts have analysed GDP and the average price target is 23.46 null. This implies a price increase of 1.91% is expected in the next year compared to the current price of 23.02.

What is the next earnings date for GDP stock?

Goodrich Petroleum Corporation (GDP) will report earnings on 2022-03-10, before the market open.

Can you provide the consensus estimates for Goodrich Petroleum Corporation next earnings?

The consensus EPS estimate for the next earnings of Goodrich Petroleum Corporation (GDP) is 1.59 null and the consensus revenue estimate is 55.66M null.

What is the consensus rating for GDP stock?

The consensus rating for Goodrich Petroleum Corporation (GDP) is 49.0909 / 100 . This indicates that analysts generally have a neutral outlook on the stock.