Analyst Ratings for NGL Energy Partners LP (NGL)

Updated: 2017-07-27

Shares of NGL Energy Partners LP (NYSE:NGL) have received a consensus rating of Overweight from Wall Street analysts. About 30 days ago, NGL was issued an average rating of Buy.

6 analysts issued ratings on the stock, where 3 gave NGL a buy rating, 1 gave an overweight rating, 2 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Investment analysts gave a few price targets for NGL. The most optimistic analyst gave a price target of 20, implying a possible profit of 53.26 percent. The most pessimistic price target was 13, implying a possible loss of -0.38 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 downwards by an average of -5.8 percent. The average change in earnings estimates over the last 90 days is -60.81 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -20.24 percent. If we look at the last 90 days instead, we find a net average change of -37.63 percent in FY estimates.

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, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 2 analysts that revised their FY estimates downwards.

Analysts estimate earnings of NGL to grow at a rate of -75.97 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. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. NGL has a PEG ratio of -0.23.

NGL has traded between a high of 25.80 and a low of 11.50 over the past year. Currently the stock is 13.48 percent higher than its low, and 49.42 percent lower than its 52-week high. NGL has a price/earnings ratio of 17.6. Investors typically compare the P/E ratio to a company's peers in the industry. The NGL value stock report compares NGL to some of its peers using value stock charts. The stock has a market capitalization of $1.57 billion. NGL's next earnings release will be on 0000-00-00, which is days away.