Analyst Ratings for Tesoro Logistics LP (TLLP)

Updated: 2017-07-28

An average rating of Overweight has been given to Tesoro Logistics LP (NYSE:TLLP) by analysts covering the stock. TLLP had previously received a consensus rating of Overweight a month ago.

Of the 17 analysts covering the stock, 11 gave it a buy rating, 0 gave an overweight rating, 6 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. During this time, the number of analysts bearish on the stock has increased by 0.

TLLP was given price targets by several analysts. The highest price target was 68, implying a possible profit of 31.12 percent. The lowest price target was 50, implying a possible loss of -3.59 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -3.02 percent. The average change in earnings estimates over the last 90 days is -16.45 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -1.85 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -10.71 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, while 3 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 3 analysts that revised their FY estimates downwards.

Analysts estimate earnings of TLLP to grow at a rate of 53.79 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of TLLP is 0.55.

TLLP has a 52-week high of 60.14 and a 52-week low of 43.00. The current market price is above the trailing year's low by 20.6 percent, and 13.77 percent below the high. TLLP has a P/E ratio of 29.59. Investors typically compare the P/E ratio to a company's peers in the industry. The TLLP value stock report compares TLLP to some of its peers using value stock charts. The market cap of TLLP is $5.6 billion. TLLP will post this quarters earnings in days, on 0000-00-00.