Analyst Ratings for Genesis Energy L.P. (GEL)

Updated: 2017-07-26

An average rating of Overweight has been given to Genesis Energy L.P. (NYSE:GEL) by analysts covering the stock. A consensus rating of Overweight was previously issued for GEL last month.

A buy rating was issued by 4 analysts, 1 issued an overweight rating, 4 issued a hold rating, 0 gave an underweight rating, and 1 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 1.

Investment analysts gave a few price targets for GEL. The maximum price target given was 41, implying a possible profit of 34.56 percent. The minimum price target given was 31, implying a possible loss of 1.74 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -11.14 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -1.8 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -6.08 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

GEL has an estimated earnings growth rate of 11.97 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. GEL has a PEG ratio of 2.77.

GEL has traded between a high of 38.36 and a low of 28.16 over the past year. Currently the stock is 8.2 percent higher than its low, and 20.57 percent below the high. GEL has a P/E ratio of 33.12. Investors typically compare the P/E ratio to a company's peers in the industry. The GEL value stock report compares GEL to some of its peers using value stock charts. The stock has a market capitalization of $3.77 billion. GEL will post this quarters earnings in days, on 0000-00-00.