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


The leading market experts have placed a mean price target of $42.08 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 $0.38 a share for the upcoming quarter and $1.30 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 $36.17, and stock is trading $-0.84 points away or -2.32% from its 50-day moving average of $36.17. Further it is trading $0.99 or +2.87% away its 200-day moving average of $34.34. Genesis Energy, L.P. (NYSE:GEL) 52-week high is $44.82 and the 52-week low is $19.55.

This explains if the stock moves $-9.49, it will post a 52-week high. In event of +80.72% 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 8.60.

The stock last ended the trading session at $35.33 and registered a market cap of $4.17B. 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 1.47.

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