SemGroup (NYSE:SEMG)‘s stock had its “hold” rating reiterated by investment analysts at Wells Fargo & Co in a research report issued to clients and investors on Tuesday.

A number of other research analysts also recently commented on SEMG. Zacks Investment Research downgraded SemGroup from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 17th. ValuEngine upgraded SemGroup from a “sell” rating to a “hold” rating in a research note on Wednesday, August 8th. Royal Bank of Canada lowered their target price on SemGroup from $30.00 to $29.00 and set an “outperform” rating on the stock in a research note on Friday, August 10th. Goldman Sachs Group downgraded SemGroup from a “neutral” rating to a “sell” rating in a research note on Monday, October 8th. Finally, Barclays restated a “hold” rating and issued a $25.00 target price on shares of SemGroup in a research note on Friday, October 12th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the company’s stock. SemGroup presently has a consensus rating of “Hold” and an average target price of $26.90.

Shares of SEMG stock opened at $17.72 on Tuesday. SemGroup has a 1-year low of $17.46 and a 1-year high of $30.95. The company has a current ratio of 1.17, a quick ratio of 1.10 and a debt-to-equity ratio of 1.68. The firm has a market cap of $1.42 billion, a PE ratio of -73.83, a price-to-earnings-growth ratio of 42.35 and a beta of 1.89.

SemGroup (NYSE:SEMG) last issued its quarterly earnings results on Wednesday, November 7th. The pipeline company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.09). SemGroup had a negative net margin of 0.99% and a positive return on equity of 0.32%. The business had revenue of $634.00 million for the quarter, compared to analysts’ expectations of $586.71 million. During the same quarter in the prior year, the firm posted ($0.25) EPS. The business’s quarterly revenue was up 16.1% compared to the same quarter last year. On average, equities research analysts anticipate that SemGroup will post 0.09 EPS for the current year.

Large investors have recently made changes to their positions in the business. SG Americas Securities LLC acquired a new stake in shares of SemGroup in the second quarter worth about $165,000. Public Employees Retirement Association of Colorado lifted its position in shares of SemGroup by 69.3% in the third quarter. Public Employees Retirement Association of Colorado now owns 8,768 shares of the pipeline company’s stock worth $193,000 after buying an additional 3,589 shares during the last quarter. Global Financial Private Capital LLC acquired a new stake in shares of SemGroup in the second quarter worth about $228,000. Private Advisor Group LLC acquired a new stake in shares of SemGroup in the third quarter worth about $212,000. Finally, Amalgamated Bank acquired a new stake in shares of SemGroup in the second quarter worth about $274,000.

SemGroup Company Profile

SemGroup Corporation provides gathering, transportation, storage, distribution, marketing, and other midstream services for producers, refiners of petroleum products, and other market participants. Its Crude Transportation segment operates crude oil pipelines and truck transportation businesses. It operates a 455-mile crude oil gathering and transportation pipeline system in Kansas and northern Oklahoma; a 75-mile crude oil gathering pipeline system that transports crude oil from production facilities in the DJ Basin to the pipeline owned by White Cliffs Pipeline, LLC; a 527-mile pipeline that transports crude oil from Platteville, Colorado to Cushing, Oklahoma; and 3 pipelines with an aggregate of 106 miles of pipe, as well as crude oil trucking fleet of 215 transport trucks and 210 trailers.

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Analyst Recommendations for SemGroup (NYSE:SEMG)

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