The leading market experts have placed a mean price target of $57.29 on Tesoro Logistics LP (NYSE:TLLP) 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 $0.77 a share for the upcoming quarter and $2.73 for the current fiscal.
The technical analysis of Tesoro Logistics LP Common Unit plainly substantiates that the 50-day moving average of Tesoro Logistics LP Common Unit is $47.52, and stock is trading $0.88 points away or +1.84% from its 50-day moving average of $47.52. Further it is trading $1.85 or +3.98% away its 200-day moving average of $46.55. Tesoro Logistics LP (NYSE:TLLP) 52-week high is $56.92 and the 52-week low is $35.18.
This explains if the stock moves $-8.52, it will post a 52-week high. In event of +37.58% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Tesoro Logistics LP Common Unit, 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, Tesoro Logistics LP (NYSE:TLLP) ratio came in at 21.73.
The stock last ended the trading session at $48.40 and registered a market cap of $4.89B. 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. Tesoro Logistics LP (NYSE:TLLP) PEG ratio is at 1.46.
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