Right Now May Be the Best Buy-In Window for NGL Energy Partners LP (NGL)

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NGL Energy Partners LP kicked off the trading day on 09/16/19 with a price increase of 5.45%, equivalent to $0.77 relative change for the day. Taking a more long-term approach, NGL had a 52-week range of $8.71 to $15.71. At the time of this article’s publishing, this stock is trading at $14.89 after starting the trading session at $14.45. At the time of writing, this stock’s 50-day Moving Average stands at $14.06, while the 200-day Moving Average of this stock is currently $13.15.

Currently, this company’s share volume is sitting at $1,721,675, but has maintained average daily volume of $734.58K. This stock has generated an average Year to Date volume of $875529, alongside an average 20-day volume of $937690. This publicly-traded company’s shares outstanding now amounts to $125.89 million, simultaneously with a float of $116.15 million. The organization now has a market capitalization sitting at $1.87 billion.

NGL Energy Partners LP(NGL) Ownership Data

Now let’s turn our focus to how large-scale investors are behaving with this stock. NGL Energy Partners LP’s current insider ownership accounts for 1.30%, in contrast to 82.10% institutional ownership. According to the most recent latest insider trade that took place on Aug 19 this organization’s Director bought 6,250 at the rate of 13.25, making the entire transaction hit 82,809 in total value, affecting insider ownership by 8,500. Preceding that transaction, on Aug 16 Company’s Chief Executive Officer bought 60,000 at a price of 12.72, making the whole transaction’s value amount to 763,122. This particular insider is now the holder of 60,000 in total.

If we take a glance at the Ownership summary of NGL Energy Partners LP’s stock, Institutional holders make up 82.10% of its total stock ownership. All together, they are the legal holders of 125.89M shares. If we focus on the top 3 stockholders for this publicly-traded organization, Invesco Advisers, Inc. owns 20,843,623 shares, with ALPS Advisors, Inc. in 2nd place owning 10,162,623 shares and Advisory Research, Inc. in third place with total ownership of 5,262,220 shares.

NGL Energy Partners LP (NGL) Earnings and Revenue Data

In the latest quarterly report that this company released, which was put into the public domain on 6/29/2019, the organization reported -$0.96 earnings per share (EPS) for the three-month period, surpassing the consensus estimate (set at -$0.07) by -$0.89.

This company achieved a net margin of 2.16 while generating a return on equity of 14.19. NGL Energy Partners LP’s full-quarter revenue increased by 43.52%, when compared against the year-ago quarter. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.22 per share during the current fiscal year.

NGL Energy Partners LP’s EPS increase for this current 12-month fiscal period is 47.00%, and is forecasted to reach 758.30% in the upcoming year. Looking at the long run, market analysts have predicted that Company’s EPS will increase by 3.00% through the next 5 years, which can be compared against the -35.40% growth it accomplished over the previous five years trading on the market.

Additional Trading Performance Indicators

Now turning our attention to the current performance indicators for NGL Energy Partners LP, this organization’s Quick Ratio in the last reported quarter now stands at 1.00. The company has managed to achieve an average true range (ATR) of 0.51. Alongside those, its Beta score is 1.04.

Another valuable indicator worth considering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.08 for this organization. Plus, this company’s price to book ratio for the last three-month fiscal period reported is 0.99, whereas its price to cash per share for the last quarter landed at 0.22.

In the same vein, NGL’s Diluted EPS (Earnings per Share) trailing twelve months was posted at -0.74, a figure that is expected to reach 0.17 in the next reported quarter, and analysts expect it will be 758.30% at the market close of one year from today’s date.