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.

Several price targets were given for NGL by the analysts covering the stock. The maximum price target given was 20, implying potential capital gains of 53.26 percent. The most pessimistic analyst gave a price target of 13, implying a possible loss of -0.38 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 -5.8 percent. The average change in earnings estimates over the last 90 days is -60.81 percent. Meanwhile, fiscal year estimates have been revised downwards by -20.24 percent, compared to last month. 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. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY 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. Another measure frequently examined by investors is the PEG ratio. 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. 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. The PEG ratio of NGL is -0.23.

NGL has traded between a high of 25.80 and a low of 11.50 over the past year. The current market price is above the trailing year's low by 13.48 percent, and below the high by 49.42 percent. 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.