In the last trading session, 1.08 million NGL Energy Partners LP (NYSE:NGL) shares changed hands as the company’s beta touched 0.35. With the company’s per share price at $3.72 changed hands at $0.04 or 1.09% during last session, the market valuation stood at $491.09M. NGL’s last price was a discount, traded about -60.48% off its 52-week high of $5.97. The share price had its 52-week low at $2.64, which suggests the last value was 29.03% up since then.
Analysts gave the NGL Energy Partners LP (NGL) stock a consensus recommendation rating of Sell, calculated at a mean rating of 2.00. If we narrow down to specifics, the data shows that 1 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended NGL as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight.
NGL Energy Partners LP (NYSE:NGL) trade information
Instantly NGL was in green as seen at the end of in last trading. With action 10.06%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -25.45%, with the 5-day performance at 10.06% in the green. However, in the 30-day time frame, NGL Energy Partners LP (NYSE:NGL) is 30.53% up.
The consensus price target for the stock as assigned by Wall Street analysts is 2, meaning bulls need a downside of -86.0% from its current market value. According to analyst projections, NGL’s forecast low is 2 with 2 as the target high. To hit the forecast high, the stock’s price needs a 46.24% surge from its current level, while the stock would need to tank 46.24% for it to hit the projected low.
The 2025 estimates are for NGL Energy Partners LP earnings to increase by 78.50%.
NGL Dividends
NGL Energy Partners LP is expected to release its next quarterly earnings report in June.
MORGAN STANLEY holds the second largest percentage of outstanding shares, with 8.7419% or 11.58 million shares worth $58.62 million as of 2024-06-30.