NGL ENERGY PARTNERS LP (NYSE:NGL) has a mean price target of $18.13 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $0.51 a share for the very next quarter and $1.24 for this year.
The technical study of NGL ENERGY PARTNERS LP Common U demonstrates that the 50-day moving average of NGL ENERGY PARTNERS LP (NYSE:NGL) stock is $18.27, and is trading $-0.84 points away or -4.62% from 50-day moving average of $18.27. It is trading $3.01 or +20.87% away 200-day moving average of $14.42.
The 52-week high of NGL ENERGY PARTNERS LP (NYSE:NGL) was $25.00 while $5.57 is the low mark in the same period. It state NGL ENERGY PARTNERS LP Common U share price has to surge more than $-7.57 to hit 52-week high or drop +212.93% to make a 52-week mark. MA here hints at moving average.
Taking the valuation part to reach the estimation of NGL ENERGY PARTNERS LP Common U, investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. NGL ENERGY PARTNERS LP (NYSE:NGL) ratio came in at N/A, after dividing current equity price by yearly earnings. NGL ENERGY PARTNERS LP Common U stock recorded a close of $17.43 in last trading session, registering a market cap of $1.84B.
The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.
Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. NGL ENERGY PARTNERS LP (NYSE:NGL) PEG ratio is at 14.06.
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