Friday, May 01, 2026
Sunday, 31 July 2016 15:50

Is StealthGas Inc. a Buy? The Stock Rises Again

The stock of StealthGas Inc. (NASDAQ:GASS) is a huge mover today! About 95,886 shares traded hands or 215.31\% up from the average.

StealthGas Inc. (NASDAQ:GASS) has risen 3.51\% since December 22, 2015 and is uptrending. It has underperformed by 2.91\% the S&P500. The move comes after 7 months positive chart setup for the $137.57 million company. It was reported on Jul, 29 by Barchart.com. We have $9.14 PT which if reached, will make NASDAQ:GASS worth $221.49M more.

Analysts await StealthGas Inc. (NASDAQ:GASS) to report earnings on August, 25. They expect $0.02 EPS, down 60.00\% or $0.03 from last year’s $0.05 per share. GASS’s profit will be $786,114 for 43.75 P/E if the $0.02 EPS becomes a reality.

Out of 3 analysts covering Stealthgas (NASDAQ:GASS), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67\% are positive. Stealthgas has been the topic of 5 analyst reports since October 23, 2015 according to StockzIntelligence Inc.

According to Zacks Investment Research, “StealthGas Inc is a provider of international seaborne transportation services to LPG producers and users. The Company’s vessels carry various petroleum and petrochemical gas products in liquefied form, including propane, butane, butadiene, isopropane, propylene and vinyl chloride monomer, which are all byproducts of the production of oil and natural gas. These products are transported in liquefied form in order to reduce their volume and to facilitate their handling. Transportation by sea represents a major element of gas transportation logistics. LPG products have a variety of both industrial and other uses, including transportation, fertilizer production, the manufacture of plastics, space heating, cooking, water heating and process heating. We serve industrial companies, as well as national and independent energy companies and energy traders.”

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