EPS for Ferrellgas Partners, L.P. (FGP) Expected At $0.25

May 17, 2018 - By Hannah Black

Ferrellgas Partners, L.P. (NYSE:FGP) LogoInvestors sentiment increased to 0.74 in Q4 2017. Its up 0.06, from 0.68 in 2017Q3. It improved, as 10 investors sold Ferrellgas Partners, L.P. shares while 25 reduced holdings. 13 funds opened positions while 13 raised stakes. 4.62 million shares or 22.94% less from 6.00 million shares in 2017Q3 were reported.
15,350 were reported by First Allied Advisory Services. Huntington Steele Ltd Liability Corp, Washington-based fund reported 29,158 shares. Ameriprise Fin holds 0% or 12,636 shares. Lpl Financial Ltd Llc reported 0% in Ferrellgas Partners, L.P. (NYSE:FGP). 3,000 are owned by Tortoise Investment Management Limited Liability. Exane Derivatives reported 125 shares. 15,990 are held by Albert D Mason. Citigroup Inc reported 575,937 shares. Bb&T Securities Ltd Llc holds 0% of its portfolio in Ferrellgas Partners, L.P. (NYSE:FGP) for 57,124 shares. Colorado-based Cetera Advsrs Lc has invested 0% in Ferrellgas Partners, L.P. (NYSE:FGP). Arrowstreet Partnership holds 18,000 shares or 0% of its portfolio. Moreover, Barclays Public Ltd Liability Corporation has 0% invested in Ferrellgas Partners, L.P. (NYSE:FGP) for 1,934 shares. Warren Averett Asset Mgmt Limited Liability Corp holds 0% in Ferrellgas Partners, L.P. (NYSE:FGP) or 5,000 shares. Pnc Fincl Gp holds 0% or 34,901 shares in its portfolio. Royal National Bank Of Canada stated it has 0% in Ferrellgas Partners, L.P. (NYSE:FGP).

Since March 13, 2018, it had 4 insider purchases, and 0 selling transactions for $57,688 activity. Hampton Trenton D bought 6,000 shares worth $20,640. 4,000 shares were bought by Schwartz Doran N, worth $13,808 on Tuesday, March 13.

Analysts expect Ferrellgas Partners, L.P. (NYSE:FGP) to report $0.25 EPS on June, 8.They anticipate $0.18 EPS change or 257.14 % from last quarter’s $0.07 EPS. FGP’s profit would be $24.54 million giving it 3.75 P/E if the $0.25 EPS is correct. After having $0.49 EPS previously, Ferrellgas Partners, L.P.’s analysts see -48.98 % EPS growth. The stock increased 1.90% or $0.07 during the last trading session, reaching $3.75. About 64,500 shares traded. Ferrellgas Partners, L.P. (NYSE:FGP) has declined 51.13% since May 18, 2017 and is downtrending. It has underperformed by 62.68% the S&P500.

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

Among 4 analysts covering Ferrellgas Partners (NYSE:FGP), 0 have Buy rating, 2 Sell and 2 Hold. Therefore 0 are positive. Ferrellgas Partners had 4 analyst reports since December 7, 2017 according to SRatingsIntel. Citigroup downgraded the stock to “Hold” rating in Tuesday, January 9 report. The rating was maintained by UBS with “Sell” on Thursday, March 29. RBC Capital Markets maintained the stock with “Hold” rating in Tuesday, January 16 report.

Ferrellgas Partners, L.P. distributes and sells propane and related equipment and supplies primarily in the United States. The company has market cap of $368.04 million. It operates in two divisions: Propane Operations and Related Equipment Sales, and Midstream Operations. It currently has negative earnings. The firm transports propane to propane distribution locations, tanks on customers' premises, or to portable propane tanks delivered to retailers.

More news for Ferrellgas Partners, L.P. (NYSE:FGP) were recently published by: Globenewswire.com, which released: “Ferrellgas Partners Announces Extension of Upsized Accounts Receivable Securitization Facility” on May 14, 2018. Globenewswire.com‘s article titled: “Ferrellgas Partners Announces New $575 Million Senior Secured Credit Facility” and published on May 07, 2018 is yet another important article.

Ferrellgas Partners, L.P. (NYSE:FGP) Institutional Positions Chart

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