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 highest price target was 20, implying potential capital gains of 53.26 percent. The minimum price target given was 13, which equates to a potential downside of -0.38 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates downwards for this quarter, by about -5.8 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, 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, while 2 analysts decreased their estimates.

The growth rate of NGL's earnings is estimated by analysts to be -75.97 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of NGL is -0.23.

In the trailing 52-weeks, NGL hit 25.80 at the highest peak, while it's lowest trading point was 11.50. Today's price is 13.48 percent above the 52-week 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 will post this quarters earnings in days, on 0000-00-00.