Media stories about Andeavor Logistics (NASDAQ:ANDX) have been trending somewhat positive on Monday, according to Accern. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Andeavor Logistics earned a news impact score of 0.19 on Accern’s scale. Accern also assigned news stories about the company an impact score of 46.2576757185206 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

ANDX has been the subject of a number of research analyst reports. Scotiabank reaffirmed a “buy” rating and issued a $59.00 price target on shares of Andeavor Logistics in a report on Thursday, August 17th. Mitsubishi UFJ Financial Group raised Andeavor Logistics to a “buy” rating and set a $60.00 price target for the company in a report on Wednesday, August 16th. Bank of America Corporation lowered their price target on Andeavor Logistics from $58.00 to $55.00 and set a “buy” rating for the company in a report on Wednesday, August 16th. Zacks Investment Research raised Andeavor Logistics from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 22nd. Finally, Credit Suisse Group upped their price target on Andeavor Logistics from $59.00 to $63.00 and gave the company a “neutral” rating in a report on Friday, August 11th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Andeavor Logistics presently has an average rating of “Buy” and a consensus target price of $59.80.

Andeavor Logistics (ANDX) opened at 47.85 on Monday. The company has a 50-day moving average price of $50.51 and a 200-day moving average price of $52.80. The firm has a market capitalization of $5.17 billion and a P/E ratio of 27.50. Andeavor Logistics has a one year low of $43.00 and a one year high of $60.14.

Andeavor Logistics (NASDAQ:ANDX) last issued its earnings results on Tuesday, August 8th. The company reported $0.63 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.64 by $0.01. Andeavor Logistics had a return on equity of 15.11% and a net margin of 26.63%. The company had revenue of $413 million during the quarter, compared to analyst estimates of $441.69 million. On average, equities research analysts anticipate that Andeavor Logistics will post $2.51 EPS for the current year.

The business also recently announced a dividend, which was paid on Monday, August 14th. Stockholders of record on Friday, August 4th were issued a $0.971 dividend. The ex-dividend date of this dividend was Wednesday, August 2nd.

In related news, insider Steven Sterin bought 3,500 shares of the company’s stock in a transaction dated Wednesday, August 23rd. The stock was acquired at an average cost of $47.40 per share, with a total value of $165,900.00. Following the acquisition, the insider now owns 4,714 shares in the company, valued at approximately $223,443.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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Andeavor Logistics Company Profile

Andeavor Logistics LP, formerly Tesoro Logistics LP, is a full-service logistics company operating in the western and mid-continent regions of the United States. The Company operates through three segments. Its Gathering segment consists of crude oil, natural gas and produced water gathering systems in the Bakken Region and Rockies Region.

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