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.

Investment analysts gave a few price targets for TLLP. The most optimistic price target was 68, implying a possible profit of 31.12 percent. The minimum price target given was 50, implying a possible loss of -3.59 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 -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. Meanwhile, fiscal year estimates have been revised downwards by -1.85 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -10.71 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 3 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 3 analysts decreased their estimates.

Analysts estimate earnings of TLLP to grow at a rate of 53.79 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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. Currently the stock is 20.6 percent higher than its low, and 13.77 percent below the high. TLLP has a price/earnings 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.