Two Stocks in Concentration: Gran Tierra Energy, Inc. (NYSEMKT:GTE), Red Hat, Inc. (NYSE:RHT)

Gran Tierra Energy, Inc. (NYSEMKT:GTE)

The company announced its last quarter financial performance results on 11/07/2016. Gran Tierra Energy, Inc. (NYSEMKT:GTE) belongs to Oils-Energy sector that surged 0.37% in value when last trading session closed at $2.74. The company has a market capitalization of $1.03 Billion. The company’s stock has a Return on Assets (ROA) of -34.1 percent, a Return on Equity (ROE) of -44.6 percent and Return on Investment (ROI) of -26.8 percent. The company reached its 52-Week high of $3.49 on Jun 9, 2016 and 52-Week low of $2.07 on Feb 24, 2016.

Earnings per share (ttm) for Gran Tierra Energy, Inc. (NYSEMKT:GTE) according to Finviz Data is $-1.37.

The growth estimate for Gran Tierra Energy, Inc. (NYSEMKT:GTE) for the current quarter is -100 percent. The projected growth estimate for the next quarter is 106.7 percent. The company’s stock has grown by 7.71 percent in the past 5 years. For the next 5 years, the company is expected to grow by 10 percent.

This company was Upgrade by Credit Suisse on 10-Feb-17  to Outperform.

The 13 analysts offering 12-month price forecasts for Gran Tierra Energy Inc have a median target of 3.85, with a high estimate of 5.07 and a low estimate of 2.90. The median estimate represents a +40.39% increase from the last price of 2.74.

Financial History:

Following Earnings result, share price were UP 5 times out of last 7 Qtrs. In the last 27 earnings reports, the company has topped earnings-per-share estimates 16% percent of times. It has met expectations  1 times and missed earnings  5  times.

The consensus recommendation for Gran Tierra Energy, Inc. (NYSEMKT:GTE) is 1.67. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. The consensus recommendation 30 days ago for this company stood at 2. In comparison, the consensus recommendation 60 days ago was at 1.67, and 90 days ago was at 1.67 respectively.

Future Expectations:

When the current quarter ends, Wall Street expects Gran Tierra Energy, Inc. to have earnings per share of $0.

Revenue is expected to range from 92.35 Million to 126 Million with an average of 109.57 Million.

Company Profile:

Gran Tierra Energy Inc. is an international oil and gas exploration and production company, headquartered in Calgary, Canada, incorporated and traded in the United States and operating in South America. Gran Tierra Energy holds interests in producing and prospective properties in Argentina, Colombia and Peru. The company strategy is focused on establishing a portfolio of drilling opportunities to exploit undeveloped reserves to grow production, as well as undertaking exploration to grow future reserves.

Red Hat, Inc. (NYSE:RHT):

Red Hat, Inc. (NYSE:RHT) belongs to Computer and Technology sector closed its last session with a gain of 1.31 percent and closed its previous trading session at $82.6. According to Finviz reported data, the stock currently has Earnings per Share (EPS) (ttm) of $1.31. The company has the Market capitalization of $14.74 Billion. The company’s stock has a Return on Assets (ROA) of 5.9 percent, a Return on Equity (ROE) of 18.3 percent and Return on Investment (ROI) of 10.3 percent. The company reached its 52-Week high of $82.73 on Sep 22, 2016 and 52-Week low of $63.66 on Feb 24, 2016.

The growth estimate for Red Hat, Inc. (NYSE:RHT) for the current quarter is 17.3 percent. The projected growth estimate for the next quarter is 18 percent. The company’s stock has grown by 15.82 percent in the past 5 years. For the next 5 years, the company is expected to grow by 15.78 percent.

This company was Initiated by Wells Fargo on 11-Jan-17 to Outperform.

The 28 analysts offering 12-month price forecasts for Red Hat Inc have a median target of 88.00, with a high estimate of 105.00 and a low estimate of 70.00. The median estimate represents a +6.54% increase from the last price of 82.60.

Financial History:

Following Earnings result, share price were UP 14 times out of last 27 Qtrs. In the last 27 earnings reports, the company has topped earnings-per-share estimates 100% percent of times. It has met expectations  0 times and missed earnings  0 times.

The consensus recommendation for Red Hat, Inc. (NYSE:RHT) is 1.47. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. The consensus recommendation 30 days ago for this company stood at 1.47. In comparison, the consensus recommendation 60 days ago was at 1.31, and 90 days ago was at 1.28 respectively.

Future Expectations:

When the current quarter ends, Wall Street expects Red Hat, Inc. to have earnings per share of $0.61.

Revenue is expected to range from 616 Million to 621.5 Million with an average of 618.76 Million.

Company Profile:

Red Hat Inc. is a leading developer and provider of open source software and services, including the Red Hat Linux operating system.  Unlike proprietary software, open source software has publicly available source code and can be copied, modified and distributed with minimal restrictions.  The web site, REDHAT.COM, is a leading online source of information and news about open source software and one of the largest online communities of open source software users and developers.