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.
Investment analysts gave a few price targets for APU. The highest price target was 56, implying a possible profit of 24.17 percent. The most pessimistic analyst gave a price target of 40, which equates to a potential downside of -11.31 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -2.26 percent. That number becomes -6.82 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 downwards by -1.3 percent. If we look at the last 90 days instead, we find a net average change of -45.29 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, which can be compared to the 1 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts decreased their estimates.
Analysts estimate earnings of APU to grow at a rate of 123.03 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. APU has a PEG ratio of 0.72.
In the last 52-weeks, APU has achieved a high of 50.11 and a low of 42.52. Currently the stock is 6.07 percent higher than its low, and 10 percent lower than its 52-week high. APU has a P/E 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's next earnings release will be on 0000-00-00, which is days away.