Analyst Ratings for Western Refining Logistics LP (WNRL)Updated: 2017-07-27
An average rating of Hold has been given to Western Refining Logistics LP (NYSE:WNRL) by analysts covering the stock. Last month, WNRL received an average rating of Overweight.
Of the 5 analysts covering the stock, 1 gave it a buy rating, 0 gave an overweight rating, 4 gave 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. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
WNRL was given price targets by several analysts. The most optimistic analyst gave a price target of 29, implying a possible profit of 13.73 percent. The lowest price target was 24, implying potential capital losses of -5.88 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 -7.79 percent. That number becomes -17.44 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 -7.33 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -13.18 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 3 analysts that revised their FY estimates downwards.
Analysts estimate earnings of WNRL to grow at a rate of 23.29 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, but many choose to perform ratio comparisons with other companies in the industry. WNRL has a PEG ratio of 0.92.
WNRL has traded between a high of 26.85 and a low of 18.85 over the past year. Today's price is 35.28 percent above the 52-week low, and 5.03 percent below the high. WNRL has a price/earnings ratio of 21.44. Investors typically compare the P/E ratio to a company's peers in the industry. The WNRL value stock report compares WNRL to some of its peers using value stock charts. The stock has a market capitalization of $1.56 billion. WNRL's next earnings release will be on 0000-00-00, which is days away.