Ferrellgas Partners, L.P. (FGP) EPS Estimated At $-0.45

September 17, 2017 - By Adrian Mccoy

 Ferrellgas Partners, L.P. (FGP) EPS Estimated At $ 0.45
Investors sentiment decreased to 0.83 in 2016 Q4. Its down 1.41, from 2.24 in 2016Q3. It worsened, as 28 investors sold Ferrellgas Partners, L.P. shares while 24 reduced holdings. 18 funds opened positions while 25 raised stakes. 5.85 million shares or 14.06% less from 6.80 million shares in 2016Q3 were reported.
Commonwealth Of Pennsylvania Public School Empls Retrmt invested in 0.02% or 153,697 shares. Glob X Management Commerce Ltd reported 0.12% stake. Price Michael F accumulated 0.04% or 50,759 shares. Reilly Fincl Advsrs accumulated 100 shares. Lpl Financial Limited Liability Corp owns 0% invested in Ferrellgas Partners, L.P. (NYSE:FGP) for 70,749 shares. Brookstone Mngmt holds 0.02% or 22,285 shares in its portfolio. Bancorp Of Montreal Can holds 0% or 35,000 shares in its portfolio. Millennium Limited Liability Corp reported 165,204 shares. Ameriprise Fin Inc holds 0% or 29,405 shares in its portfolio. Kornitzer Cap Mngmt Inc Ks owns 11,000 shares or 0% of their US portfolio. Northwestern Mutual Wealth Mgmt accumulated 129 shares. Prescott Gru Cap Mngmt Ltd Liability has invested 0.13% in Ferrellgas Partners, L.P. (NYSE:FGP). Jag Capital Management Ltd Co holds 0.02% or 11,615 shares. Centers Of America holds 0.02% in Ferrellgas Partners, L.P. (NYSE:FGP) or 26,699 shares. 214,806 were accumulated by Barclays Public Limited Co.

Since March 23, 2017, it had 1 insider buy, and 0 selling transactions for $104,758 activity. $104,758 worth of stock was bought by Breuckmann Pamela A on Thursday, March 23.

Investors wait Ferrellgas Partners, L.P. (NYSE:FGP) to report on September, 28 before the open. its quarterly earnings Wall Street analysts expect $-0.45 EPS, up $2.06 or 82.07 % from last year’s $-2.51 same quarter earnings. Ferrellgas Partners, L.P.’s Wall Street analysts see -742.86 % negative EPS growth, taking into account the $0.07 EPS reproted in the previous quarter, It closed at $5.6 lastly. It is up 71.41% since September 17, 2016 and is downtrending. It has underperformed by 88.11% the S&P500.

Ferrellgas Partners, L.P. (NYSE:FGP) Ratings Coverage

Among 10 analysts covering Ferrellgas Partners L.P. (NYSE:FGP), 1 have Buy rating, 3 Sell and 6 Hold. Therefore 10% are positive. Ferrellgas Partners L.P. had 29 analyst reports since August 11, 2015 according to SRatingsIntel. The rating was downgraded by RBC Capital Markets to “Underperform” on Thursday, September 15. Piperjaffray initiated the stock with “Neutral” rating in Monday, August 22 report. The firm has “Underweight” rating by PiperJaffray given on Wednesday, September 28. The rating was maintained by Barclays Capital with “Underweight” on Wednesday, September 30. Janney Capital initiated the shares of FGP in report on Tuesday, March 22 with “Neutral” rating. The company was downgraded on Wednesday, September 28 by JP Morgan. The stock of Ferrellgas Partners, L.P. (NYSE:FGP) earned “Neutral” rating by Piper Jaffray on Monday, August 22. The rating was upgraded by Zacks to “Strong Sell” on Tuesday, August 11. The firm has “Sell” rating by UBS given on Friday, June 10. The rating was downgraded by Piper Jaffray to “Underweight” on Wednesday, September 28.

Ferrellgas Partners, L.P. is engaged in the retail distribution of propane and related equipment sales, and midstream operations, which include crude oil logistics. The company has market cap of $544.05 million. The Company’s divisions include propane and related equipment sales, midstream operations-crude oil logistics, and corporate and other. It currently has negative earnings. The propane and related equipment sales segment consists of the distribution of propane and related equipment and supplies.

More notable recent Ferrellgas Partners, L.P. (NYSE:FGP) news were published by: Fool.com which released: “How Ferrellgas Partners, LP Makes Most of Its Money” on May 12, 2017, also Fool.com with their article: “Better Buy: Ferrellgas Partners, LP vs. AmeriGas Partners, LP” published on June 01, 2017, Fool.com published: “Here’s Why the Best Is Yet to Come for Ferrellgas Partners, LP” on April 21, 2017. More interesting news about Ferrellgas Partners, L.P. (NYSE:FGP) were released by: Globenewswire.com and their article: “Ferrellgas Partners, LP Announces Fourth Quarter Earnings Release Date” published on September 12, 2017 as well as Fool.com‘s news article titled: “You Wouldn’t Believe Ferrellgas Partners, LP ‘s Book Value” with publication date: August 14, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.