Global Partners stock has undergone multiple analysts rating changes in the recent past. Global Partners Upgraded by Zacks Investment Research on 10-11-21. In a note to investors, the firm issued a new rating of Hold. The analysts previously had rating of Strong Sell.
Shares of Global Partners traded up $0.28 on Monday, reaching $22.44. 85230 shares of the stock traded hands, compared to its average volume of 68941. Shares of Global Partners were trading at $22.44 on Monday. The firm’s 50 day moving average is $21.25 and its 200 day moving average is $22.26.Global Partners has a 12 month low of $22.18 and a 12 month high of $27.50. While on yearly highs and lows, Global Partners’s today has traded high as $22.57 and has touched $22.18 on the downward trend. See More Analyst Rating at: RATING
Global Partners Earnings and What to expect:
Global Partners last announced its earnings data on August 6th, 2021. The energy company reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.62 by $0.39. The firm had revenue of $3.28 billion for the quarter, compared to the consensus estimate of $3.73 billion. Global Partners has generated $2.95 earnings per share over the last year ($0.56 diluted earnings per share) and currently has a price-to-earnings ratio of 40.1. Earnings for Global Partners are expected to grow by 46.32% in the coming year, from $0.95 to $1.39 per share. Global Partners has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, November 4th, 2021 based off prior year’s report dates.
Earnings for Global Partners are expected to grow by 46.32% in the coming year, from $0.95 to $1.39 per share. The P/E ratio of Global Partners is 40.07, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.66. The P/E ratio of Global Partners is 40.07, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.80. Global Partners has a P/B Ratio of 1.78. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
Global Partners (GLP) Moving Average Technical Analysis
5 day Moving Average is $21.96 And 5 day price change is $0.75 (3.46%) with average volume for 5 day average is 75,040. While technical analysis for average 20 days shows significant difference, 20 day moving average is $21.04 and 20 day price change is $2.36 (11.75%) and average 20 day moving volume is 60,615. 50 day moving average is $21.25 and 50 day price change is -$4.37 ( -16.30%) and with average volume for 50 days is : 117,872. 200 day moving average is $22.26 and 200 day price change is $5.44 (32.00%) and with average volume for 200 days is : 128,376.
Other owners latest trading in Global Partners :
- On 8/23/2021 shares held by Morgan Stanley were 288,267 which equates to market value of $7.47M and appx 0.00% owners of Global Partners
- On 8/17/2021 shares held by Bramshill Investments LLC were 123,027 which equates to market value of $3.19M and appx 0.20% owners of Global Partners
- On 8/17/2021 shares held by Invesco Ltd. were 5,852,120 which equates to market value of $151.69M and appx 0.00% owners of Global Partners
- In total Institutional ownership equates to Institutional Ownership Percentage: 27.03% for Global Partners
See More Analyst Rating at: RATING