NGL Energy Partners LP (NGL) Stock Forecast & Predictions

NGL Energy Partners LP - Unit NGL: $2.19

6120 S Yale Ave Ste 805, Tulsa, Oklahoma, US. | Sector: Transportation and Warehousing | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.nglep.com

  • Market Cap$0.28B
  • Change (52 Weeks)-26.51%
  • Low (52 Weeks)$1.38
  • NGL Energy Partners LP (NGL) Stock Forecast By Analysts


    Strong Sell
    Analysts Recommendations for NGL Energy Partners LP (NGL) is based on 12 Institutional Analyst Ratings where 0.00% are on Strong Buy, 0.00% on Moderate Buy, 41.67% remains on Hold, 8.33% are on Moderate Sell and 50.00% are on Strong Sell.

    Out of 12 Institutional Analysts, majority recommended NGL stock as Strong Sell. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of NGL Energy Partners LP.

    NGL Energy Partners LP (NGL) Stock Price Prediction By Analysts


    HighLowAverage
    $3.15$1.77$2.38
    $2.388.68% Upside
    Updated: 2022-01-13 00:00:00

    The Average Price target for NGL set by the institutional analysts is $2.38 where High Estimate is $3.15, Median $2.295 and Low $1.77.

    The average price target for NGL by Institutional Analysts is $2.38, which is 8.68% Upside from the current price. So according to the Institutional Analysts, NGL Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    NGL Energy Partners LP (NGL) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Wells FargoUnderweightMaintained
    Piper SandlerNeutralMaintained
    StifelHoldMaintained
    Wells FargoUnderweightDowngraded
    Piper SandlerNeutralMaintained
    StifelHoldMaintained
    Wells FargoEqual-WeightMaintained
    Piper SandlerNeutralMaintained
    UBSNeutralMaintained
    Credit SuisseUnderperformDowngraded
    RBC CapitalSector PerformDowngraded
    Raymond JamesMarket PerformDowngraded
    Piper JaffrayNeutralMaintained
    RBC CapitalOutperformMaintained
    UBSNeutralDowngraded
    UBSBuyMaintained
    Piper JaffrayOverweightInitiated
    Credit SuisseNeutralDowngraded
    GuggenheimBuyInitiated
    Credit SuisseOutperformInitiated
    Bank of AmericaBuyMaintained
    Wells FargoMarket PerformMaintained
    Wells FargoMarket PerformMaintained
    Stifel NicolausHoldMaintained
    Stifel NicolausHoldMaintained
    UBSBuyMaintained
    Credit SuisseOutperformInitiated
    Stifel NicolausHoldMaintained
    Wells FargoMarket PerformDowngraded
    Stifel NicolausHoldDowngraded
    FBR CapitalOutperformUpgraded
    Raymond JamesOutperformUpgraded
    Bank of AmericaBuyUpgraded
    FBR CapitalMarket PerformInitiated
    Stifel NicolausBuyMaintained
    WunderlichBuyUpgraded
    Stifel NicolausBuyUpgraded
    WunderlichHoldMaintained
    Bank of AmericaNeutralUpgraded
    Goldman SachsSellDowngraded
    BarclaysEqual-WeightMaintained
    Stifel NicolausHoldDowngraded
    WunderlichHoldDowngraded
    Raymond JamesMarket PerformDowngraded
    BarclaysEqual-WeightMaintained
    Stifel NicolausBuyUpgraded
    BarclaysEqual-WeightMaintained
    Stifel NicolausHoldInitiated
    BarclaysEqual-WeightMaintained
    BairdOutperformUpgraded
    BarclaysEqual-WeightInitiated
    WunderlichBuyMaintained
    WunderlichBuyMaintained
    Raymond JamesOutperformMaintained
    Raymond JamesOutperformMaintained
    BairdNeutralDowngraded
    WunderlichBuyMaintained
    UBSBuyInitiated
    WunderlichBuyInitiated
    Deutsche BankHoldInitiated
    BairdOutperformUpgraded
    Bank of AmericaBuyInitiated

    NGL Energy Partners LP (NGL) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.197
    The average consensus EPS for NGL is $0.197 with a high estimate of $0.273 and Low of $0.102 for the period 2022-03-31 and based on 5 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $-0.21$-0.14952022-06-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$0.1652022-09-30
    $-0.21$-0.14952022-06-30
    $-1.23$0.02932022-03-31
    $-1.97$-0.06572021-12-31
    $-3.13$-0.66922021-09-30
    $-0.14$-0.12362021-06-30
    $-0.44$-0.10772021-03-31
    $-2.09$0.12682020-12-31
    $0.18$0.18162020-09-30
    $-1.72$0.15942020-06-30
    $-0.96$-0.07362020-03-31
    $0.19$0.20332019-12-31
    $0.64$0.08612019-09-30
    $-0.63$-0.10132019-06-30
    $-1.26$-0.32932019-03-31
    $0.71$0.48482018-12-31
    $0.32$0.19242018-09-30
    $-1.51$-0.31562018-06-30
    $-0.61$-0.36762018-03-31
    $0.18$0.11112017-12-31
    $-0.07$0.41612017-09-30
    $-0.34$-0.13472017-06-30
    $-0.36$-0.11952017-03-31
    $0.77$0.54542016-12-31
    $0.03$0.24352016-09-30
    $-0.32$-0.06442016-06-30
    $-0.46$-0.17552016-03-31
    $0.88$0.71842015-12-31
    $0.08$0.43142015-09-30
    $-0.31$0.03322015-06-30
    $-0.61$-0.01392015-03-31
    $0.42$0.62752014-12-31
    $0.5$0.51292014-09-30
    $-0.05$0.05482014-06-30
    $-0.36$-0.14392014-03-31
    $0.45$1.04372013-12-31
    $0.75$0.82322013-09-30
    $0.18$0.08592013-06-30
    $-0.62$-0.41412013-03-31
    $0.73$0.672012-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).