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.

Many analysts weighed in on price targets for TLLP. The most optimistic price target was 68, implying potential capital gains of 31.12 percent. The lowest price target was 50, which equates to a potential downside of -3.59 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 -3.02 percent. That number becomes -16.45 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -1.85 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -10.71 percent.

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 3 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 3 analysts decreased their estimates.

The growth rate of TLLP's earnings is estimated by analysts to be 53.79 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. TLLP has a PEG ratio of 0.55.

TLLP has traded between a high of 60.14 and a low of 43.00 over the past year. Today's price is 20.6 percent above the 52-week low, and 13.77 percent lower than its 52-week 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 stock has a market capitalization of $5.6 billion. TLLP's next earnings release will be on 0000-00-00, which is days away.