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 price target was 29, implying a possible profit of 13.73 percent. The lowest price target was 24, which equates to a potential downside of -5.88 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -7.79 percent. The average change in earnings estimates over the last 90 days is -17.44 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -7.33 percent. 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. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, 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. Investors like to see smaller values for the PEG ratio, 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, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of WNRL is 0.92.
WNRL has traded between a high of 26.85 and a low of 18.85 over the past year. The current market price is above the trailing year's low by 35.28 percent, 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.