Buckeye Partners, L.P. (NYSE:BPL) went up by 0.07% from its latest closing price when compared to the 1-year high value of $42.65 and move down -4.66%, while BPL stocks collected +0.02% of gains with the last five trading sessions.
Buckeye Partners, L.P. (NYSE:BPL) Worth an Investment?
Buckeye Partners, L.P. (NYSE: BPL) The 36 Months beta value for BPL stocks is at 0.71, while 0 of the analysts out of 10 who provided ratings for Buckeye Partners, L.P. stocks as a “buy” while 0 as overweight, 9 rated it as hold and 1 as sell. The average price we get from analysts is $41.00 which is -$2.2 below current price. BPL currently has a short float of 2.29% and public float of 152.47M with average trading volume of 1.79M shares.
BPL Market Performance
BPL stocks went up by 0.02% for the week, with the monthly drop of -2.51% and a quarterly performance of 20.24%, while its annual performance rate touched 9.07%. The simple moving average for the period of the last 20 days is -0.41% for BPL stocks with the simple moving average of 20.32% for the last 200 days.
Analysts’ Opinion on Buckeye Partners, L.P. (NYSE:BPL)
Many brokerage firms have already submitted their reports for BPL stocks, with Mizuho repeating the rating for BPL shares by setting it to “Neutral”. The predicted price for BPL socks in the upcoming period according to Mizuho is $133 based on the research report published on March 12, 2019.
UBS, on the other hand, stated in their research note that they expect to see BPL stock at the price of $36, previously predicting the value of $33. The rating they have provided for BPL stocks is “Buy” according to the report published on March 8, 2019.
Barclays gave “ Overweight” rating to BPL stocks, setting the target price at $38 in the report published on January 16, 2019.
BPL Stocks 10.01% Far from 50 Day Moving Average
After a stumble in the market that brought BPL to its low price for the period of the last 52 weeks, Buckeye Partners, L.P. was unable to take a rebound, for now settling with -4.45% of loss for the given period.
The stock volatility was left at 0.30%, however, within the period of a single month, the volatility rate increased by 0.26%, while the shares sank at the distance of -2.51% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +17.00% upper at the present time.
In the course of the last 5 trading sessions, BPL went up by +0.02%, which changed the moving average for the period of 200 days to the total of +10.37% of gains for the stock in comparison to the 20-day moving average settled at $40.86. In addition, Buckeye Partners, L.P. saw 40.57% in overturn over the period of a single year with a tendency to cut further gains.
BPL Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Buckeye Partners, L.P. (BPL), starting from RUSSO TODD J, who sold 8,740 shares at the price of $40.96 back on May 20. After this action, Rushing now owns 5,092 shares of Buckeye Partners, L.P., valued at $357,998 with the latest closing price.
Bohnsack Gary L, the VP, Controller and CAO of Buckeye Partners, L.P., sold 2,500 shares at the value of $41.73 during a trade that took place back on May 14, which means that Bohnsack Gary L is holding 422 shares at the value of $104,325 based on the most recent closing price.
BPL Stock Fundamentals
The current profitability levels are settled at +14.05 for the present operating margin and +16.07 for gross margin. The net margin for Buckeye Partners, L.P. stands at -1.54. Total capital return value is set at 6.16, while invested capital returns managed to touch -0.72. Equity return holds the value -2.20%, with -1.00% for asset returns.
Based on Buckeye Partners, L.P. (BPL), the company’s capital structure generated 114.43 points for debt to equity in total, while total debt to capital is set at the value of 53.36. Total debt to assets is settled at the value of 50.39 with long-term debt to equity ratio rests at 97.37 and long-term debt to capital is 45.41.
EBITDA value lies at +204.56 M with total debt to EBITDA carrying the value of 5.59. The value for Enterprise to Sales is 2.78 with debt to enterprise value settled at 0.52. The receivables turnover for Buckeye Partners, L.P. is 14.95 with the total asset turnover at the value of 0.42. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.46.