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.
Several price targets were given for WNRL by the analysts covering the stock. The most optimistic price target was 29, which equates to a potential upside of 13.73 percent. The most pessimistic price target was 24, implying a possible loss of -5.88 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates downwards for this quarter, by about -7.79 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 -17.44 percent. 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.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 2 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.
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. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. 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 WNRL is 0.92.
In the last 52-weeks, WNRL has achieved a high of 26.85 and a low of 18.85. Currently the stock is 35.28 percent higher than its low, and below the high by 5.03 percent. WNRL has a P/E 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 market cap of WNRL is $1.56 billion. WNRL will post this quarters earnings in days, on 0000-00-00.