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.

A number of analysts gave price targets for NGL. The most optimistic analyst gave a price target of 20, implying potential capital gains of 53.26 percent. The lowest price target was 13, which equates to a potential downside of -0.38 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

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. On the other hand, earnings estimates for the fiscal year have been revised downwards by -20.24 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -37.63 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 2 analysts that revised their FY estimates downwards.

NGL has an estimated earnings growth rate of -75.97 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the 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. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. NGL has a PEG ratio of -0.23.

In the trailing 52-weeks, NGL hit 25.80 at the highest peak, while it's lowest trading point was 11.50. Currently the stock is 13.48 percent higher than its low, and 49.42 percent below the 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 will post this quarters earnings in days, on 0000-00-00.