The leading market experts have placed a mean price target of $17.14 on NGL ENERGY PARTNERS LP (NYSE:NGL) 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 $0.46 a share for the upcoming quarter and $1.22 for the current fiscal.
The technical analysis of NGL ENERGY PARTNERS LP Common U plainly substantiates that the 50-day moving average of NGL ENERGY PARTNERS LP Common U is $18.73, and stock is trading $-0.20 points away or -1.07% from its 50-day moving average of $18.73. Further it is trading $5.41 or +41.24% away its 200-day moving average of $13.12. NGL ENERGY PARTNERS LP (NYSE:NGL) 52-week high is $27.69 and the 52-week low is $5.57.
This explains if the stock moves $-9.16, it will post a 52-week high. In event of +232.68% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of NGL ENERGY PARTNERS LP Common U, 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, NGL ENERGY PARTNERS LP (NYSE:NGL) ratio came in at N/A.
The stock last ended the trading session at $18.53 and registered a market cap of $1.95B. 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. NGL ENERGY PARTNERS LP (NYSE:NGL) PEG ratio is at 15.19.
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