Analyst Ratings for Green Plains Partners LP Un (GPP)Updated: 2017-07-28
Shares of Green Plains Partners LP Un (NASDAQ:GPP) have received a consensus rating of Buy from Wall Street analysts. About 30 days ago, GPP was issued an average rating of Buy.
Of the 7 analysts covering the stock, 5 gave it a buy rating, 1 issued an overweight rating, 1 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 2 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
GPP was given price targets by several analysts. The most optimistic price target was 24, implying a possible profit of 16.36 percent. The lowest price target was 19, which equates to a potential downside of -7.88 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes 1.02 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0.25 percent. If we look at the last 90 days instead, we find a net average change of -1.49 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.
The growth rate of GPP's earnings is estimated by analysts to be 8.08 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of GPP is 1.39.
In the last 52-weeks, GPP has achieved a high of 21.75 and a low of 17.03. The current market price is above the trailing year's low by 21.11 percent, and below the high by 5.17 percent. GPP has a price/earnings ratio of 11.23. Investors typically compare the P/E ratio to a company's peers in the industry. The GPP value stock report compares GPP to some of its peers using value stock charts. The market cap of GPP is $0.65191 billion. GPP's next earnings release will be on 0000-00-00, which is days away.