CrossAmerica Partners (NYSE:CAPL)‘s stock had its “hold” rating reiterated by research analysts at Stephens in a report released on Tuesday. They presently have a $23.00 price objective on the oil and gas company’s stock. Stephens’ target price would suggest a potential upside of 6.14% from the company’s current price.

Several other equities analysts have also recently weighed in on CAPL. B. Riley set a $30.00 price target on CrossAmerica Partners and gave the company a “buy” rating in a research report on Monday, February 26th. Jefferies Group reiterated a “buy” rating and issued a $28.00 price target on shares of CrossAmerica Partners in a research report on Thursday, March 1st. Zacks Investment Research upgraded CrossAmerica Partners from a “hold” rating to a “buy” rating and set a $27.00 price target for the company in a research report on Tuesday, January 9th. ValuEngine upgraded CrossAmerica Partners from a “sell” rating to a “hold” rating in a research report on Tuesday, January 9th. Finally, Robert W. Baird cut CrossAmerica Partners from an “outperform” rating to a “neutral” rating in a research report on Wednesday, February 28th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $27.86.

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NYSE:CAPL traded down $0.28 during trading hours on Tuesday, reaching $21.67. The stock had a trading volume of 15,243 shares, compared to its average volume of 56,959. The company has a debt-to-equity ratio of 3.09, a current ratio of 0.86 and a quick ratio of 0.70. CrossAmerica Partners has a 12-month low of $20.05 and a 12-month high of $29.80. The company has a market capitalization of $738.17, a P/E ratio of -274.38, a P/E/G ratio of 15.34 and a beta of 1.21.

CrossAmerica Partners (NYSE:CAPL) last released its earnings results on Monday, February 26th. The oil and gas company reported $0.06 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.06. CrossAmerica Partners had a return on equity of 5.84% and a net margin of 1.00%. The business had revenue of $552.66 million during the quarter, compared to the consensus estimate of $572.48 million. analysts anticipate that CrossAmerica Partners will post 0.31 earnings per share for the current year.

Large investors have recently bought and sold shares of the stock. Kayne Anderson Capital Advisors LP boosted its stake in CrossAmerica Partners by 50.0% during the fourth quarter. Kayne Anderson Capital Advisors LP now owns 15,000 shares of the oil and gas company’s stock valued at $356,000 after buying an additional 5,000 shares during the period. Virtu Financial LLC bought a new stake in CrossAmerica Partners during the fourth quarter valued at $391,000. Neuberger Berman Group LLC bought a new stake in CrossAmerica Partners during the third quarter valued at $602,000. Quadrant Private Wealth Management LLC bought a new stake in CrossAmerica Partners during the fourth quarter valued at $1,403,000. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in CrossAmerica Partners by 3.3% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 90,705 shares of the oil and gas company’s stock valued at $2,154,000 after buying an additional 2,903 shares during the period. 33.67% of the stock is owned by institutional investors.

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CrossAmerica Partners Company Profile

CrossAmerica Partners LP engages in the wholesale distribution of motor fuels, and ownership and leasing of real estate used in the retail distribution of motor fuels in the United States. The company operates in two segments, Wholesale and Retail. The wholesale segment engages in the wholesale distribution of motor fuels to lessee dealers, independent dealers, commission agents, operators of retail motor fuel stations, Circle K Stores Inc, and company operated retail sites.

Analyst Recommendations for CrossAmerica Partners (NYSE:CAPL)

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