Wall Street analysts’ outlook for Genesis Energy L.P (GEL)

With 0.54 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.64 million shares. The 52-week range on GEL shows that it touched its highest point at $15.17 and its lowest point at $9.86 during that stretch. It currently has a 1-year price target of $14.67. With its current market cap of 1.58 billion, GEL has annualized dividend of $0.63 while the current yield stands at 4.89%. Beta for the stock currently stands at 1.50.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GEL was up-trending over the past week, with a rise of 4.97%, but this was up by 22.32% over a month. Three-month performance surged to 7.51% while six-month performance fell -7.07%. The stock gained 11.32% in the past year, while it has gained 27.40% so far this year. A look at the trailing 12-month EPS for GEL yields -1.24 with Next year EPS estimates of 0.85. For the next quarter, that number is -0.22. This implies an EPS growth rate of 104.03% for this year and 1600.00% for next year.

Float and Shares Shorts:

At present, 122.42 million GEL shares are outstanding with a float of 93.88 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GEL since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.39505 being high and -$0.46495 being low. For GEL, this leads to a yearly average estimate of -$0.43. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.

Summary of Insider Activity:

Insiders traded GEL stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.