Valero Energy Partners LP (NYSE:VLP) shares traded -0.07% down during most recent session to reach at the closing price of $41.94. The stock exchanged hands 3.78 Million shares versus average trading capacity of 317.31 Million shares, yielding a market cap of $2.96 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $42.11 within the next 52-weeks. The mean target projections are based on 9 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Valero Energy Partners LP (NYSE:VLP) high price target of $46 and with a conservative view have low price target of $40.
Raymond James “Downgrades” Valero Energy Partners LP (NYSE:VLP) in a research note issued to investors on 10/19/18 to Market Perform with price target of $0.
Additionally on 10/19/18 RBC Capital “Downgrades” Valero Energy Partners LP (NYSE:VLP) to Sector Perform setting price target at $0 and on 10/19/18 SunTrust Robinson Humphrey “Downgrades” the stock to Hold at $0. Furthermore on 10/11/18 Credit Suisse “Initiates Coverage On” the stock to Neutral at $40.
On the other hand the company has Relative Strength Index (RSI 14) of 64.86 along with Average True Range (ATR 14) of 0.52, Consequently Valero Energy Partners LP (NYSE:VLP)’s weekly and monthly volatility is 0.42%, 1.09% respectively. The company’s beta value is at 0.49.
In terms of Buy, Sell or Hold recommendations, Valero Energy Partners LP (NYSE:VLP) has analysts’ mean recommendation of 2.8. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Valero Energy Partners LP (NYSE:VLP)’s minimum EPS for the current quarter is at $0.64 and can go high up to $0.95. The consensus mean EPS for the current quarter is at $0.78 derived from a total of 7 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.71 earnings per share for the same quarter during last year.
Previously Valero Energy Partners LP (NYSE:VLP) reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.09. The company posted an earnings surprise of 13.6%.
Valero Energy Partners LP (NYSE:VLP)’s revenue estimates for the current quarter are $140.38 Million according to 6 number of analysts, for the current quarter the company has high revenue estimates of $158.9 Million in contradiction of low revenue estimates of $134 Million. For the current year the company’s revenue estimates are $544.53 Million compared to low analyst estimates of $538 Million and high estimates of $564.8 Million according to 8 number of analysts.
Currently Valero Energy Partners LP (NYSE:VLP)’s shares owned by insiders are 67.75%, whereas shares owned by institutional owners are 29.8%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded -1.08%.
Valero Energy Partners LP (NYSE:VLP)’s trailing twelve month revenues are $533.5 Million, whereas its price to sales ratio for the same period is 5.55. Its book value per share for the most recent quarter is $3.76 while its price to book ratio for the same period is 11.15, as for as the company’s cash per share for the most recent quarter is $1.42, however its price to cash per share ratio for the same period is 29.56. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 14.75.