Analyst Ratings for AmeriGas Partners L.P. (APU)Updated: 2017-07-28
Analysts covering AmeriGas Partners L.P. (NYSE:APU) have given it a consensus rating of Hold. APU had previously received a consensus rating of Hold a month ago.
A buy rating was issued by 1 analysts, 1 gave an overweight rating, 6 gave a hold rating, 1 issued an underweight rating, and 3 gave a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
Several price targets were given for APU by the analysts covering the stock. The most optimistic price target was 56, which equates to a potential upside of 24.17 percent. The most pessimistic analyst gave a price target of 40, implying a possible loss of -11.31 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -2.26 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -6.82 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -1.3 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -45.29 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 1 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 1 analysts made negative revisions to their fiscal year's estimates.
APU has an estimated earnings growth rate of 123.03 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of APU is 0.72.
APU has traded between a high of 50.11 and a low of 42.52 over the past year. The current market price is above the trailing year's low by 6.07 percent, and 10 percent below the high. APU has a price/earnings ratio of 88.43. Investors typically compare the P/E ratio to a company's peers in the industry. The APU value stock report compares APU to some of its peers using value stock charts. The stock has a market capitalization of $4.18 billion. APU will post this quarters earnings in days, on 0000-00-00.