TransMontaigne Partners L.P. (NYSE:TLP) Earns Media Impact Score of 0.27
Press coverage about TransMontaigne Partners L.P. (NYSE:TLP) has trended positive on Sunday, according to Accern. The research group scores the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. TransMontaigne Partners L.P. earned a media sentiment score of 0.27 on Accern’s scale. Accern also gave news articles about the pipeline company an impact score of 46.8936369322206 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:
- TransMontaigne Partners LP breached its 50 day moving average in a Bearish Manner : TLP-US : August 11, 2017 (finance.yahoo.com)
- BidaskClub Lowers TransMontaigne Partners L.P. (NYSE:TLP) to Sell (americanbankingnews.com)
- TransMontaigne Partners Announces Second Quarter 2017 Results (finance.yahoo.com)
- Investor Network: TransMontaigne Partners L.P. to Host Earnings Call (finance.yahoo.com)
- Edited Transcript of TLP earnings conference call or presentation 8-Aug-17 5:00pm GMT (finance.yahoo.com)
TransMontaigne Partners L.P. (NYSE:TLP) traded up 1.53% on Friday, hitting $43.76. 65,133 shares of the company were exchanged. The firm has a 50 day moving average of $43.95 and a 200-day moving average of $44.19. The stock has a market cap of $707.21 million, a PE ratio of 18.62 and a beta of 0.30. TransMontaigne Partners L.P. has a 52-week low of $36.93 and a 52-week high of $49.31.
TransMontaigne Partners L.P. (NYSE:TLP) last released its earnings results on Tuesday, August 8th. The pipeline company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.04. TransMontaigne Partners L.P. had a net margin of 28.78% and a return on equity of 13.38%. The firm had revenue of $45.40 million during the quarter, compared to analyst estimates of $45.64 million. During the same quarter in the previous year, the firm earned $0.50 earnings per share. The firm’s revenue for the quarter was up 10.5% compared to the same quarter last year. On average, equities analysts expect that TransMontaigne Partners L.P. will post $2.66 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 8th. Shareholders of record on Monday, July 31st were paid a dividend of $0.74 per share. This is a positive change from TransMontaigne Partners L.P.’s previous quarterly dividend of $0.73. The ex-dividend date of this dividend was Thursday, July 27th. This represents a $2.96 annualized dividend and a yield of 6.76%. TransMontaigne Partners L.P.’s payout ratio is presently 116.08%.
A number of equities research analysts have commented on TLP shares. Zacks Investment Research raised shares of TransMontaigne Partners L.P. from a “hold” rating to a “strong-buy” rating and set a $48.00 price objective on the stock in a research report on Saturday, May 13th. BidaskClub raised shares of TransMontaigne Partners L.P. from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. DA Davidson raised shares of TransMontaigne Partners L.P. from a “neutral” rating to a “buy” rating and increased their target price for the company from $48.00 to $51.00 in a research report on Thursday, June 15th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $50.00 target price on shares of TransMontaigne Partners L.P. in a research report on Friday, July 28th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company’s stock. TransMontaigne Partners L.P. presently has an average rating of “Buy” and an average price target of $49.60.
TransMontaigne Partners L.P. Company Profile
TransMontaigne Partners L.P. is a terminaling and transportation company with operations in the United States along the Gulf Coast, in the Midwest, in Houston and Brownsville, Texas, along the Mississippi and Ohio Rivers, and in the Southeast. The Company operates its business in five principal business segments: Gulf Coast terminals, Midwest terminals and pipeline system, Brownsville terminals, River terminals and Southeast terminals.
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