NGL Energy Partners LP (NGL)
NYSE: NGL · IEX Real-Time Price · USD
5.81
-0.09 (-1.53%)
At close: Apr 30, 2024, 4:00 PM
5.75
-0.06 (-1.03%)
After-hours: Apr 30, 2024, 7:20 PM EDT
NGL Energy Partners LP Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for NGL stock has a target of 4.00, which predicts a decrease of -31.15% from the current stock price of 5.81.
Analyst Consensus: Hold
* Price targets were last updated on Jun 5, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for NGL is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '23 | Feb '23 | Mar '23 | Apr '23 | May '23 | Jun '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Sell → Hold Upgrades $2 → $4 | Sell → Hold | Upgrades | $2 → $4 | -31.15% | Jun 5, 2023 |
| Wells Fargo | Wells Fargo | Sell Maintains $1.75 → $2 | Sell | Maintains | $1.75 → $2 | -65.58% | Apr 28, 2022 |
| Wells Fargo | Wells Fargo | Hold → Sell Downgrades n/a | Hold → Sell | Downgrades | n/a | n/a | Jul 22, 2020 |
| Piper Sandler | Piper Sandler | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Jun 4, 2020 |
| Stifel | Stifel | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Apr 21, 2020 |
Financial Forecast
Revenue This Year
7.35B
from 8.69B
Decreased by -15.42%
Revenue Next Year
7.28B
from 7.35B
Decreased by -0.95%
EPS This Year
0.62
from -0.56
EPS Next Year
0.72
from 0.62
Increased by 16.26%
Revenue Forecast
| Revenue | 2023 | 2024 |
|---|---|---|
| High | 7.7B | 7.6B |
| Avg | 7.4B | 7.3B |
| Low | 7.1B | 7.0B |
Revenue Growth
| Revenue Growth | 2023 | 2024 |
|---|---|---|
| High | -11.7% | 3.5% |
| Avg | -15.4% | -1.0% |
| Low | -18.3% | -4.4% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 1.19 | 1.20 | 1.28 |
| Avg | 0.62 | 0.72 | 1.23 |
| Low | 0.10 | 0.28 | 1.20 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | - | 92.7% | 77.4% |
| Avg | - | 16.3% | 70.6% |
| Low | - | -54.2% | 65.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.