Magellan Midstream Partners, L.P. [MMP] took an upward turn with a change of -1.54%, trading at the price of $59.55 during the trading session on Thursday. The price movement in correlation with percentage of the mentioned increase can allow a valuable insight to investors. During the last trading session 1.72 million shares changed hands being bought and sold, while Magellan Midstream Partners, L.P. shares have an average trading volume of 792.22K shares for that time period. MMP monthly volatility recorded 1.73%, in the meanwhile having share price volatility for the week set at 2.22%. PS value for MMP stocks is 4.80 with PB recorded at 5.16.
Magellan Midstream Partners, L.P. [NYSE:MMP]: Analyst Rating and Earnings
Its stock price has been found in the range of 54.25 to 67.75. This is compared to its latest closing price of $60.48.
Pay attention to the next-scheduled financial results for this company to be released, which is slated for Thu 30 Jan (In 84 Days).
Fundamental Analysis of Magellan Midstream Partners, L.P. [MMP]
Now let’s turn to look at profitability: with a current Operating Margin for Magellan Midstream Partners, L.P. [MMP] sitting at +36.51 and its Gross Margin at +43.29, this company’s Net Margin is now 46.90%. These measurements indicate that Magellan Midstream Partners, L.P. [MMP] is generating considerably more profit, after expenses are accounted for, compared to its market peers.
This company’s Return on Total Capital is 15.42, and its Return on Invested Capital has reached 17.30%. Its Return on Equity is 55.89, and its Return on Assets is 17.62. These metrics all suggest that Magellan Midstream Partners, L.P. is doing well at using the money it earns to generate returns.
Turning to investigate this organization’s capital structure, Magellan Midstream Partners, L.P. [MMP] has generated a Total Debt to Total Equity ratio of 161.57. Similarly, its Total Debt to Total Capital is 61.77, while its Total Debt to Total Assets stands at 55.13. Looking toward the future, this publicly-traded company’s Long-Term Debt to
What about valuation? This company’s Enterprise Value to EBITDA is 13.97 and its Total Debt to EBITDA Value is 3.26. The Enterprise Value to Sales for this firm is now 6.40, and its Total Debt to Enterprise Value stands at 0.25. Magellan Midstream Partners, L.P. [MMP] has a Price to Book Ratio of 4.93, a Price to Cash Flow Ratio of 9.58 and P/E Ratio of 13.00. These metrics all suggest that Magellan Midstream Partners, L.P. is more likely to generate a positive ROI.
Shifting the focus to workforce efficiency, Magellan Midstream Partners, L.P. [MMP] earns $1,533,810 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 20.28 and its Total Asset Turnover is 0.38. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 0.68 and its Current Ratio is 0.96. This company is not investing its short-term assets in an optimally efficient way, making it a riskier investment.
Magellan Midstream Partners, L.P. [MMP] has 228.65M shares outstanding, amounting to a total market cap of $13.62B. Its stock price has been found in the range of 54.25 to 67.75. At its current price, it has moved down by -12.10% from its 52-week high, and it has moved up 9.77% from its 52-week low.
This stock’s Beta value is currently 0.71, which indicates that it is 2.22% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 22.42. This stock, according to these metrics, is currently Oversold.
Conclusion: Is Magellan Midstream Partners, L.P. [MMP] a Reliable Buy?
Shares of Magellan Midstream Partners, L.P. [MMP], overall, appear to be a solid investment option, with Wall Street analysts expecting its price to rise considerably in the next 12 months. This company generates high value from the labor resources and other capital it has available, and while it has heavy Long-Term Debt to Equity, the majority of the metrics point to this investment being highly attractive.