Ferrellgas Partners, L.P. (NYSE:FGP) Given Daily News Sentiment Rating of 0.13
News headlines about Ferrellgas Partners, L.P. (NYSE:FGP) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ferrellgas Partners, L.P. earned a news sentiment score of 0.13 on Accern’s scale. Accern also gave media stories about the oil and gas company an impact score of 97 out of 100, indicating that recent media coverage is extremely likely to have an effect on the company’s share price in the near term.
Ferrellgas Partners, L.P. (NYSE FGP) traded down 0.89% during mid-day trading on Thursday, hitting $4.46. The company had a trading volume of 183,737 shares. Ferrellgas Partners, L.P. has a 12 month low of $4.22 and a 12 month high of $20.55. The firm’s market capitalization is $433.30 million. The company has a 50-day moving average price of $4.68 and a 200 day moving average price of $5.86.
Ferrellgas Partners, L.P. (NYSE:FGP) last issued its quarterly earnings data on Friday, June 9th. The oil and gas company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by $0.03. The business had revenue of $538.10 million during the quarter, compared to the consensus estimate of $576.92 million. During the same quarter last year, the firm posted $0.19 earnings per share. The business’s revenue was up 5.6% on a year-over-year basis. Equities analysts forecast that Ferrellgas Partners, L.P. will post ($0.47) EPS for the current fiscal year.
A number of equities analysts have commented on the company. Zacks Investment Research raised Ferrellgas Partners, L.P. from a “sell” rating to a “hold” rating in a research note on Tuesday, May 9th. ValuEngine raised Ferrellgas Partners, L.P. from a “strong sell” rating to a “sell” rating in a report on Friday, July 7th. Finally, UBS AG reaffirmed a “sell” rating and set a $5.00 price target (down from $5.50) on shares of Ferrellgas Partners, L.P. in a report on Monday, June 12th. Five analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $10.56.
Ferrellgas Partners, L.P. Company Profile
Ferrellgas Partners, L.P. is engaged in the retail distribution of propane and related equipment sales, and midstream operations, which include crude oil logistics. The Company’s segments include propane and related equipment sales, midstream operations-crude oil logistics, and corporate and other. The propane and related equipment sales segment consists of the distribution of propane and related equipment and supplies.
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