Andeavor Logistics (ANDX) Given A $59.00 Value Goal
Scotiabank set a $fifty nine.00 worth target on Andeavor Logistics (NYSE:ANDX) in a analysis be aware issued to investors on Thursday, December seventh. The agency at present has a buy ranking on the oil and fuel company’s inventory.
Several different equities analysis analysts have additionally just lately weighed in on the company. BidaskClub minimize Andeavor Logistics from a sell ranking to a strong promote score in a analysis report on Saturday, October twenty first. Mizuho reaffirmed a hold score and issued a $56.00 goal value on shares of Andeavor Logistics in a analysis report on Friday, October twentieth. Zacks Investment Research lowered Andeavor Logistics from a hold ranking to a promote rating in a research note on Wednesday, October 18th. SunTrust Banks set a $50.00 price goal on Andeavor Logistics and gave the inventory a buy ranking in a analysis be aware on Friday, November 17th. Lastly, Jefferies Group raised their target worth on Andeavor Logistics from $forty one.00 to $45.00 and gave the corporate a hold rating in a analysis observe on Monday, November 20th. Two equities research analysts have rated the stock with a sell ranking, three have given a hold ranking and six have given a buy rating to the corporate. Andeavor Logistics at the moment has a consensus score of Hold and a consensus price goal of $55.38.
Andeavor Logistics (NYSE:ANDX) opened at $47.62 on Thursday. Andeavor Logistics has a twelve month low of $forty two.18 and a twelve how long will crude oil last month high of $60.14. The agency has a market capitalization of $10,291.44, a PE ratio of 19.28, a PEG ratio of 3.41 and a beta of how long will crude oil last 1.12. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-fairness ratio of two.15.
Andeavor Logistics (NYSE:ANDX) last released its quarterly earnings knowledge on Wednesday, November 8th. The oil and gasoline company reported $0.Ninety EPS for the quarter, topping analysts’ consensus estimates of $0.Sixty eight by $zero.22. The agency had income of $444.00 million for the quarter, in comparison with the consensus estimate of $414.Sixty nine million. Andeavor Logistics had a return on fairness of 22.Forty eight% and a net margin of 23.50%. The firm’s revenue was up forty four.2% on a yr-over-yr basis. During the identical quarter in the prior yr, the corporate posted $zero.46 earnings per share. promote-side analysts forecast that Andeavor Logistics will put up 2.75 earnings per share for the present fiscal yr.
In associated information, Director Jeff A. Stevens purchased 1,144 shares of the inventory in a transaction on Monday, December 4th. The shares have been purchased at a median value of $forty six.75 per share, with a total value of $fifty three,482.00. Following the transaction, the director now immediately owns 2,229 shares of the company’s stock, valued at $104,205.75. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Steven Sterin bought 1,four hundred shares of the inventory in a transaction on Friday, December 1st. The shares have been bought at a median price of $forty five.53 per share, for a complete transaction of $63,742.00. Petroleum Refining Process Following the transaction, the insider now immediately owns 9,714 shares in the company, valued at $442,278.42. The disclosure for this purchase may be found here. 0.15% of the inventory is presently owned by firm insiders.
A number of giant traders have recently purchased and bought shares of ANDX. Chicago Partners Investment Group LLC acquired a new place in shares of Andeavor Logistics through the third quarter worth roughly $2,422,000. Institutional & Household Asset Administration LLC acquired a new place in shares of Andeavor Logistics during the 3rd quarter value approximately $2,251,000. GSA Capital Partners LLP acquired a new position in shares of Andeavor Logistics through the third quarter worth roughly $662,000. Barnett & Firm Inc. acquired a brand new position in shares of Andeavor Logistics through the third quarter price roughly $136,000. Finally, Tortoise Capital Advisors L.L.C. acquired a brand new position in shares of Andeavor Logistics during the 3rd quarter value approximately $612,571,000. 34.86% of the stock is at present owned by hedge funds and different institutional traders.00 Price Goal by Scotiabank Analysts” was first posted by TrueBlueTribune and is owned by of TrueBlueTribune. The original model of this story may be learn at https://www.truebluetribune.com/2017/12/17/scotiabank-analysts-give-tesoro-logistics-andx-a-59-00-price-goal.html.
Andeavor Logistics Firm Profile
Andeavor Logistics LP, previously Tesoro Logistics LP, is a full-service logistics firm working in the western and mid-continent regions of the United States. The company operates by means of three segments. Its Gathering phase consists of crude oil, pure gas and produced water gathering methods within the Bakken Region and Rockies Area.
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