Stock To Watch: Genesis Energy, L.P. (NYSE:GEL)


The leading market experts have placed a mean price target of $40.25 on Genesis Energy, L.P. (NYSE:GEL) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.45 a share for the upcoming quarter and $1.66 for the current fiscal. Technical View The technical analysis of Genesis Energy, L.P. Common Uni plainly substantiates that the 50-day moving average of Genesis Energy, L.P. Common Uni is $35.87, and stock is hovering 1.44 or +4.00% distant from $35.87. It is noted that the 200-day MA is $31.57, and Genesis Energy, L.P. Common Uni stock is $5.74 or +18.17% off from this point. Genesis Energy, L.P. (NYSE:GEL) 52-week high is $49.58 and the 52-week low is $19.55. This explains if the stock moves $-12.27, it will post a 52-week high. In event of $+90.84% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Genesis Energy, L.P. Common Uni, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Genesis Energy, L.P. (NYSE:GEL) ratio came in at 9.10. The stock last ended the trading session at $37.31 and registered a market cap of $4.10B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Genesis Energy, L.P. (NYSE:GEL) PEG ratio is at 1.03.

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