TransMontaigne Partners L.P. (NYSE:TLP) saw an uptick in trading volume on Monday . 115,723 shares changed hands during mid-day trading, an increase of 69% from the previous session’s volume of 68,535 shares.The stock last traded at $40.97 and had previously closed at $41.36.

Several research firms recently commented on TLP. Zacks Investment Research downgraded shares of TransMontaigne Partners L.P. from a “buy” rating to a “hold” rating in a research note on Wednesday, March 16th. Stifel Nicolaus raised their price target on shares of TransMontaigne Partners L.P. from $40.00 to $45.00 and gave the stock a “buy” rating in a research note on Wednesday, April 13th. Finally, TheStreet raised shares of TransMontaigne Partners L.P. from a “hold” rating to a “buy” rating in a research report on Thursday, March 31st.

The firm has a market cap of $653.99 million and a price-to-earnings ratio of 20.12. The company’s 50-day moving average price is $39.48 and its 200-day moving average price is $35.84.

TransMontaigne Partners L.P. (NYSE:TLP) last released its earnings results on Thursday, May 5th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.53 by $0.12. The firm had revenue of $40.63 million for the quarter, compared to analyst estimates of $39.29 million. During the same period last year, the firm earned $0.51 earnings per share. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. On average, analysts expect that TransMontaigne Partners L.P. will post $1.94 earnings per share for the current fiscal year.

TransMontaigne Partners L.P. (TransMontaigne Partners) is a terminalling and transportation company with operations in the United States along the Gulf Coast, in the Midwest, in Brownsville, Texas, along the Mississippi and Ohio Rivers, and in the Southeast. It provides integrated terminalling, storage and transportation for customers engaged in the distribution and marketing of light refined petroleum products, heavy refined petroleum products, crude oil, chemicals, fertilizers and other liquid products.

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