In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
In the latest session, NGL Energy Partners LP (NYSE: NGL) closed at $4.37 down -20.55% from its previous closing price of $5.50. In other words, the price has decreased by -$20.55 from its previous closing price. On the day, 1.13 million shares were traded. NGL stock price reached its highest trading level at $5.07 during the session, while it also had its lowest trading level at $4.32.
Ratios:
For a deeper understanding of NGL Energy Partners LP’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 101.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.61. For the most recent quarter (mrq), Quick Ratio is recorded 1.04 and its Current Ratio is at 1.20. In the meantime, Its Debt-to-Equity ratio is 4.30 whereas as Long-Term Debt/Eq ratio is at 4.25.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on February 18, 2021, Upgraded its rating to Neutral and sets its target price to $3 from $2 previously.
Wells Fargo Downgraded its Equal Weight to Underweight on July 22, 2020, while the target price for the stock was maintained at $4.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 14 ’24 when COLLINGSWORTH JAMES M bought 69,899 shares for $5.82 per share. The transaction valued at 406,742 led to the insider holds 629,500 shares of the business.
COLLINGSWORTH JAMES M bought 30,101 shares of NGL for $174,824 on Feb 13 ’24. The Director now owns 559,601 shares after completing the transaction at $5.81 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NGL now has a Market Capitalization of 576896768 and an Enterprise Value of 4530536960. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10. Its current Enterprise Value per Revenue stands at 0.673 whereas that against EBITDA is 8.239.
Stock Price History:
The Beta on a monthly basis for NGL is 1.67, which has changed by -0.05335629 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, NGL has reached a high of $6.20, while it has fallen to a 52-week low of $3.84. The 50-Day Moving Average of the stock is -13.58%, while the 200-Day Moving Average is calculated to be -9.74%.
Shares Statistics:
For the past three months, NGL has traded an average of 333.06K shares per day and 520840 over the past ten days. A total of 132.01M shares are outstanding, with a floating share count of 112.44M. Insiders hold about 14.83% of the company’s shares, while institutions hold 34.12% stake in the company. Shares short for NGL as of 1730332800 were 2548182 with a Short Ratio of 6.87, compared to 1727654400 on 2523820. Therefore, it implies a Short% of Shares Outstanding of 2548182 and a Short% of Float of 2.92.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 17.44.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $1.07B this quarter.It ranges from a high estimate of $1.07B to a low estimate of $1.07B. As of the current estimate, NGL Energy Partners LP’s year-ago sales were $1.63BFor the next quarter, 1 analysts are estimating revenue of $1.01B. There is a high estimate of $1.01B for the next quarter, whereas the lowest estimate is $1.01B.
A total of 1 analysts have provided revenue estimates for NGL’s current fiscal year. The highest revenue estimate was $5.36B, while the lowest revenue estimate was $5.36B, resulting in an average revenue estimate of $5.36B. In the same quarter a year ago, actual revenue was $6.96BBased on 2 analysts’ estimates, the company’s revenue will be $5.36B in the next fiscal year. The high estimate is $6.51B and the low estimate is $4.22B.
